Imagine if Reagan ran for office promising to recreate the glory days of Thomas Dewey and you get a sense of how much G.O.P. thinking is stuck in the past.
— David Brooks (New York Times)
Quote of the Day: Matt Taibbi
Advocating the turning over of Social Security management to Wall Street after the 2008 crash is a little like asking Paris Hilton to pilot Air Force One, or tabbing Charlie Sheen to manage the inventory of a hospital pharmacy — completely nuts, but to David Brooks, that makes Mitt Romney the “serious” candidate.
Quote of the Day: Paul Krugman
Stroking your chin and saying, well, I don’t believe in [fiscal stimulus] because experience shows that raising growth is hard sounds serious, but it’s actually silly. It’s like saying that it’s really hard to extend the human lifespan, so it’s foolish to believe that an infection can be quickly cured with a dose of antibiotics.
— Paul Krugman (Princeton University)
Quote of the Day: Dean Baker
If the United States had the same per person health care costs as any other wealthy country, then we would be facing huge budget surpluses, not deficits.
— Dean Baker (Center for Economic and Policy Research)
Step Right Up and Buy an Excuse!
Continuing the risk vs. uncertainty explanation, here’s my latest post on the Sun-Sentinel site. In the next couple weeks, I’ll delve deeper into these issues and hopefully illuminate some solutions for regulations going forward. For now, check out some excellent perspectives that point the debate in the right direction. I encourage you to read the original articles by each of the three pundits I cited.
Tomorrow I’ll get back to our music countdown. We also have some exciting work by other writers to highlight later this week!