Hey, What’d I Miss? OTE Summary, 4/23 – 4/29

April 29th, 2013 at 1:59 pm
  • Looking at what’s happening in the debt debate: I know it’s more complicated than a grad student found some mistakes in a spreadsheet and the spell that had bewitched the nation was broken — but that’s kinda what seems to be happening.
  • Highlighting a worthwhile essay on education, wealth, and inequality.
  • Considering the FAA sequester vote:  it may have fixed flight delays, but less advantaged Americans will continue to feel the pain of the sequester due to cuts in a variety of programs.
  • Laying out the Four Noble Truths of full employment.
  • Analyzing the GDP report:  it’s up 2.5%, but the report showed continuing weaknesses in the US economy.
  • Asking if the US government should play the role of venture capitalist.
  • Reacting to Reinhart & Rogoff’s response:  they and their paper are part of the problem and if they want to do the world a favor they should try to become part of the solution.
  • Charting the way back to Factville, fiscal version:  the budget deficit is falling faster than was expected.
  • Reporting on the sequester, right from the airport security lines.
  • Considering the preferences of the wealthy and their (disproportionate) role in our politics.
  • Posting the inaugural Sequester Watch and this past week’s edition: keeping tabs on the effects of the automatic budget cuts now solidly in place for at least the rest of this fiscal year.

Bonus: the unbearable brilliance of Stephen Colbert.

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One comment in reply to "Hey, What’d I Miss? OTE Summary, 4/23 – 4/29"

  1. Robert Goodman says:

    I would add another point on the question of whether R. and R. have suffered enough due to the brilliance of Stephen Colbert. You have no idea whether Ken and Carmen take Mr. Colbert seriously. They are more likely to dismiss his response to their paper and their positioning of it than they are to dismiss the responses of people within their discipline.

    Colbert seemed hard hitting to me (and I suspect to you) because he was saying what I would want to have said in a manner commensurate to the outrage I felt. And I have neither the wit nor the platform to do what he did.

    Though you may have the wit, and something of a platform, you have professional constraints that he does not. So he was acting out on your behalf too.

    Nonetheless, unlike his performance at the White House Press Corps dinner in 2006, which suddenly disrupted the long collusion between the media and the Bush administration, this performance though dandy will not make much difference. And for millions of our fellow citizens the economic Katrina blew through several years ago and these guys have done what they could to make federal assistance unavailable.


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