Coming Up With A Good Idea, With

When The Fed Decides That Inflation Is Too High, They Have The Tools, And They've Shown Historically That They Have The Will, To Bring It Down. And, It Might Be Painful.

So What Are The Effects Of Increasing Minimum Wages? Any Econ 101 Student Can Tell You The Answer: The Higher Wage Reduces The Quantity Of Labor Demanded, And Hence Leads To Unemployment.

[i]n America, At Least, We Have A Pretty Good Record For Behaving In A Fiscally Responsible Fashion, With One Exception - Namely, The Fiscal Irresponsibility That Prevails When, And Only When, Hard-line Conservatives Are In Power.

[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.

If You're Doing Your Job Right, Some Substantial Group Of People [is] Going To Be Mad At You.