Month: July 2012
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Red-Ink Republicans, Revisited and Reviled
The post-New Deal Republican party has delivered endless strings of deficits and debt. That is their historic legacy to America, the bare fact on the ground that unfortunately requires endless repetition to impart the reality, and counter the tea-party fantasy of fiscally irresponsible Democrats. Also required is a catchy moniker that encapsulates that reality: Red-Ink Republicans…
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Red-State Teat-Sucking Rendered Invisible. Conservatives Howl Tyranny.
In response to this graphic in my reprised post from yesterday: Commenter rjs points us to this depressing Economist post — the government data source for this graphic has gone dark, part of the Obama administration’s cost-cutting measures. The real irony I discover, though, is to find right-wingers at The Heritage Foundation screaming about the Obama…
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Karl Smith: Why Is The US Government Still Collecting Taxes? THE DEFICIT EARNS A PROFIT!!!
I hesitate to excerpt from this because it says it all so well and so briefly. But: …the more taxes the US government collects, the more money it loses. When the US government declines to sell a 10 year Treasury bill at a real rate interest rate of –0.57 percent it is agreeing to pay,…
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Are Conservatives Deluded About Their Happiness?
Arthur C. Brooks of the American Enterprise Institute does the usual uninformed thing this week in his NYT op-ed, Conservatives Are Happier, and Extremists Are Happiest of All. He cites the well-known and long-standing research showing that conservatives report themselves to be happier than liberals. (I was not aware, though, that moderates are the least happy…