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Tag Archives: debt ceiling
The dilemma facing the Republican/Tea Party coalition in the House of Representatives was how to extricate themselves from an untenable position they had placed themselves into without looking like they gave into President Obama. The solution was a variation of … Continue reading
The next act in the manufactured crisis that is Washington since the emergence of the Tea Party wing of the Republican Party will be a parallel tract drama involving the debt ceiling and the sequester.
Could history be repeating itself as it so often does and could a chasm in the Republican Party be starting?
It is early New Year’s morning as I write this; while most American adults are either sleeping or nursing a hangover I do neither. A few hours earlier this morning the Senate passed its fiscal cliff rescue act by a … Continue reading
I do not often write about monetary policy simple because I am not as knowledgeable of it as I am of fiscal policy. Today is an exception and I recognize an unprecedented move by the Federal Reserve when I see … Continue reading
In what appears to be an attempt to extract a concession he can take back to his caucus, John Boehner has thrown the debt ceiling into the fiscal cliff discussions. At least rhetorically President Obama has stonewalled him. Back in … Continue reading