Inflation — Fighting the Last War

pat-toomey-wide

Steven Conn: For thirty years inflation has not been a serious threat to the American economy, yet politicians and pundits continually fret about it. The never-ending worry about inflation is like fighting the last war rather than the current one. What’s needed today is a war on unemployment and wage stagnation, not inflation.

A ‘Vision’ for the New Century. Or, a Nightmare

budget-speech

Carl Bloice: If the whole, hardly-nail-biting business accomplished nothing else it momentarily diverted attention away from the big budget fight coming up, the one that will probably shape the country’s economic and social reality for decades to come.

Third Party in 2012

michael bloomberg

America has moved from a president elected in 2008 for hope and change to a midterm election in 2010 dominated by massive dumps of mud and sludge on voters sickened and disgusted by both political parties. Is America ready for a president who could write a $3 billion check for his campaign and never need [...]

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