If bankers had to take a drug test before getting THEIR welfare (bailouts, tax cuts and loopholes, etc etc) we would not be in a deficit >:/

Posted: 2013/06/21 by Punkonomics (@dearbalak) in Uncategorized
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This whole drug tests for welfare recepients BS is so pathetically petty, hateful, and beside the point that it makes me very angry! …well, i admit that lots of things make me angry ;)

Tomorrow we go back to the “fiscal cliff” that we exposed as a sham 3 weeks ago and get at the core issues behind it with Cory Carroll again.

Posted: 2012/12/06 by Punkonomics (@dearbalak) in Announcements
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Hint: it’s all about Aggregate Demand
The thing with macroeconomics is that the different ideological perspectives apply differently in different economic environmnets. Supply-side (Reagonomics) has valid arguments in the context of a booming economy like limits on taxation and fiscal conservatism. But in the current US economy, it simply makes no sense and becomes class-warfare against the poor and middle class! Of course Obama IS a Reagan-Conservative when it comes to economic policy, and the “fiscal cliff” BS is theatrics hiding an argument about the details of how to economically rape us >:/