But Where Will The Fed Find Another

[i]f You Look At United States History Since World War Ii, You Find That Of The 10 Presidents Who Preceded Barack Obama, Seven Left Office With A Debt Ratio Lower Than When They Came In. Who Were The Three Exceptions? Ronald Reagan And The Two George Bushes.

Many People ... Prefer To Describe Themselves As Progressives Rather Than Liberals. To Some Extent That's A Response To The Decades-long Propaganda Campaign Conducted By Movement Conservatives, Which Has Been Quite Successful In Making Americans Disdain The Word Liberal But Much Less Successful In Reducing Support For Liberal Policies.

Whenever You See Some Business Person Quoted Complaining About How He Or She Can't Find Workers With The Necessary Skills, Ask What Wage They're Offering. Almost Always It Turns Out What Said Business Person Really Wants Is Highly (and Expensively) Educated Workers At A Manual-labor Wage. No Wonder They Come Up Short.

There's Nothing Magic About Spending On Tanks And Bombs Rather Than Roads And Bridges.

The Economics Profession Went Astray Because Economists, As A Group, Mistook Beauty, Clad In Impressive-looking Mathematics, For Truth.