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Archive for January 26th, 2009

Not to Worry »

It’s pointless if you make a fuss About Obama’s stimulus. The government’s determined, see, To rescue the economy. Paul Krugman’s here to point the way Toward a bright and shining day, When everyone will be employed And all consumers overjoyed. The Fed’s enormous loans will serve To calm the frightened banker’s nerves, And Congress...
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More “Complicated” Data on Global Warming »

Journalists last week were eager to amplify a new study in Nature to report conclusively that the anomaly of Antarctica’s not warming has now been disproven. See “All Antarctica Seems to be Warming, Report Says,” by San Francisco Chronicle Science Editor David Perlman, and “Study: Antarctica Joins Rest of Globe in Warming,” by Seth...
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El Krug »

It’s hard to name any fallacy of basic economic reasoning that Paul Krugman hasn’t committed in his columns. You may have missed this little gem from yesterday’s Times piece on the glory of fiscal stimulus: [W]rite off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the...
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Obama and the War on Terror »

After the administration ordered a missile strike in Pakistan that killed at least several children, Vice President Biden indicates that these attacks will continue. The Democrats have long argued that Bush “neglected” Afghanistan and Pakistan, where the real war on terror should be. Obama has always said we need more troops in Afghanistan, which...
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