Tag: Reality Check

Econ 101: A Quick Post For The Austerity Crowd

Well this certainly doesn’t jibe with what the we-have-to-stop-spending-or-we’ll-kill-the-market crowd keeps telling me. The Dow Jones Industrial Average closed at 10,428 Monday, finally breaking back into positive territory for the year. At its low on 7/2, the market was down…

Econ 101: Raising Keynes

National Democrats have started trying to make political hay out John Boehner’s recent silliness. Democrats are attacking House Minority Leader John Boehner for his comments to a Pittsburgh paper about how America is in “revolt” similar to 1776 and Wall…