The winners of the 2012 Golden Duke awards.
States that allow cameras in dressing rooms
Parenting in timelapse
Hunting pythons... in Florida.
Italy looks fondly back on Mussolini.. things must really be getting bad over there.
Ezra Klein's take on the fiscal cliff/ curve/ curb. And BooMan reassures us.
Showing posts with label Fiscal Cliff. Show all posts
Showing posts with label Fiscal Cliff. Show all posts
Tuesday, January 01, 2013
Tuesday, December 04, 2012
From here to there...
The Republican War on Women continues... apparently this last election didn't mean anything.
Fix the debt? Uh huh.
Do politicians really worry about the deficit?....
Tom Tomorrow and Cliff Notes. More on the 'fiscal cliff'.
Garden Path Sentences
Fracking chemical used in US linked to organ damage
Organic compounds on Mars.
Fix the debt? Uh huh.
Do politicians really worry about the deficit?....
Tom Tomorrow and Cliff Notes. More on the 'fiscal cliff'.
Garden Path Sentences
Fracking chemical used in US linked to organ damage
Organic compounds on Mars.
Friday, November 09, 2012
Don't give in to blackmail, Mr. President.
Paul Krugman:
So what should he do? Just say no, and go over the cliff if necessary.
It’s worth pointing out that the fiscal cliff isn’t really a cliff. It’s not like the debt-ceiling confrontation, where terrible things might well have happened right away if the deadline had been missed. This time, nothing very bad will happen to the economy if agreement isn’t reached until a few weeks or even a few months into 2013. So there’s time to bargain.
More important, however, is the point that a stalemate would hurt Republican backers, corporate donors in particular, every bit as much as it hurt the rest of the country. As the risk of severe economic damage grew, Republicans would face intense pressure to cut a deal after all.
Meanwhile, the president is in a far stronger position than in previous confrontations. I don’t place much stock in talk of “mandates,” but Mr. Obama did win re-election with a populist campaign, so he can plausibly claim that Republicans are defying the will of the American people. And he just won his big election and is, therefore, far better placed than before to weather any political blowback from economic troubles — especially when it would be so obvious that these troubles were being deliberately inflicted by the G.O.P. in a last-ditch attempt to defend the privileges of the 1 percent.
Most of all, standing up to hostage-taking is the right thing to do for the health of America’s political system.
So stand your ground, Mr. President, and don’t give in to threats. No deal is better than a bad deal.
Labels:
Economy,
Fiscal Cliff,
Paul Krugman,
President Barack Obama,
Republicans
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