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Paul Ryan and Mitt Romney: Obama’s call to culture war | The Economist

PAUL RYAN, author of a controversial new Republican budget proposal, endorsed and actively campaigned with Mitt Romney in Wisconsin in the run-up to Mr Romney’s primary victory there. On Tuesday, Mr Obama lashed out vehemently against Mr Ryan’s …

MORE via Paul Ryan and Mitt Romney: Obama’s call to culture war | The Economist.

Filed under: Blogosphere, Economic Recession, Election 2012, News, Political Economy,

Congress Delays Political Struggle – NYTimes.com

When Congress handily passed a bill to set payroll tax rates, jobless benefits and Medicare doctors’ fees for the next two months, it seemed to end an epic …

MORE via Congress Delays Political Struggle – NYTimes.com.

Filed under: Blogosphere, Congressional Activity, Election 2012, ethnicity in politics, Government Works?, ideology, Intolerance, lobbying, Mass Media and Public Opinion, News, On The Hill, political corruption, political plots, propaganda and spin, Public Policy, symbolic uses of politics, Vote, WeSeeReason, , ,

The Gridlock Where Debts Meet Politics – Economic Memo – NYTimes.com

With Greece struggling to form a government that can force harsh austerity measures onto a weary public, Europe is in usual form, taking a couple of steps toward solving its fiscal crisis and then a couple of steps backward. Washington, meanwhile, is hoping that the latest deficit-reduction committee in Congress can succeed where others have …

MORE via The Gridlock Where Debts Meet Politics – Economic Memo – NYTimes.com.

Filed under: Blogosphere, consumers, Economic Recession, Election 2012, Government Works?, National Debt, News, Political Economy, political plots, Public Policy, Public Sector, Public Service, Pundits, WeSeeReason,

Government debt: AAAmerica | The Economist

How America compares with AAA debtors

THE maths underlying the downgrade of America’s sovereign debt by Standard & Poor’s may or may not have been lop-sided, but it is true that the country’s debt burden does not compare well with those of other countries that still get …

MORE via Government debt: AAAmerica | The Economist.

Filed under: Blogosphere, Economic Recession, Election 2012, Government Works?, National Debt, News, Public Policy, Public Sector, States Rights & Poverty, Unemployment, WeSeeReason, ,

Deficit Battle Shifts to Panel – WSJ.com

The Senate approved—and President Barack Obama immediately signed—the long-awaited deal to raise the nation’s debt limit Tuesday, as the battle shifted to how a special committee created by the measure will cut the deficit by …

MORE via Deficit Battle Shifts to Panel – WSJ.com.

Filed under: Congressional Activity, National Debt, News, On The Hill, Public Policy,

Global Concern Over U.S. Debt Ceiling Disagreement – NYTimes.com

While the debt debacle in Washington preoccupies America, it is causing jitters in power corridors from Beijing to Brussels. The stewards of the world’s largest economies are anxious for a compromise, to keep their own finances from …

MORE via Global Concern Over U.S. Debt Ceiling Disagreement – NYTimes.com.

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Debt-limit vote is canceled in House as Boehner, GOP leaders struggle to gain votes – The Washington Post

House Speaker John A. Boehner abruptly canceled a vote on his plan to lift the federal debt limit late Thursday after failing to persuade recalcitrant …

MORE via Debt-limit vote is canceled in House as Boehner, GOP leaders struggle to gain votes – The Washington Post.

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James Surowiecki on the Debt-Ceiling Crisis : The New Yorker

This week in the magazine, James Surowiecki writes about the debt-ceiling crisis. On Tuesday, Surowiecki answered readers’ questions in a live chat. Read a transcript of the discussion below.JAMES SUROWIECKI: Welcome, everyone. I’m James …

MORE via Ask the Author: Ask the Author Live: James Surowiecki on the Debt-Ceiling Crisis : The New Yorker.

Filed under: News, , , , , , , ,

Strassel: Boehner’s Moment of Truth – WSJ.com

It isn’t easy to turn Washington around on a dime. If nothing else, give Republican House Speaker John Boehner marks for …

MORE via Strassel: Boehner’s Moment of Truth – WSJ.com.

Filed under: News, , , , , , , , ,

National Debt Clock Prepared for Multiple Scenarios – Real Time Economics – WSJ

So at least there’s one thing that can be certain in the debt ceiling debate: the National Debt Clock is armed and ready.

The National Debt Clock, a mainstay for New Yorkers and downer economists since 1989, had to add a digit in the fall of 2008 when the national debt exceeded …

MORE via National Debt Clock Prepared for Multiple Scenarios – Real Time Economics – WSJ.

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