Tag Archives: keynes

This Ain’t Your Parents Recovery

And it’s because this recession is different. This recession was not caused by inflation like the recession in the early 80s, and not part of the business cycle. For our purposes, we need to stop using Friedman’s logic and go … Continue reading

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The Contradictory Switch From Budget Busting Tax Cuts to Spending Cuts to Save the Budget Still Boggles

Sometimes I think President Obama likes to have his cake and eat it too. When President Obama used Republican support to extend the Bush tax cuts for another two years back in December, it made sense if you understand and … Continue reading

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