pstp econ http://motherjones.com/kevin-d... , http://bigthink.com/ideas... , http://www.nytimes.com/2010... , http://krugman.blogs.nytimes.com/2010... ,http://www.nytimes.com/2010... , http://www.fiscalcommission.gov/ , http://www.fiscalcommission.gov/sites... , 11 - 22 -12 Government debt http://en.wikipedia.org/wiki... - Thomas Page

http://www.newciv.org/nl... , http://www.idiagram.com/CP... , - Thomas Page

http://www.nytimes.com/roomfor... - Thomas Page

Proper goals? http://en.wikipedia.org/wiki... , http://en.wikipedia.org/wiki... , pstp man - Thomas Page

http://en.wikipedia.org/wiki... not just the deficit. List of important publications in economics http://en.wikipedia.org/wiki... - Thomas Page

It’s Still the Economy, Stupid http://www.newsweek.com/2011... , 7 -8 http://www.theatlantic.com/politic... , 9 -30 http://www.nytimes.com/2012... - Thomas Page

The liquidity trap, in Keynesian economics, is a situation where monetary policy is unable to stimulate an economy, either through lowering interest rates or increasing the money supply. Liquidity traps typically occur when expectations of adverse events (e.g., deflation, insufficient aggregate demand, or civil or international war) make persons with liquid assets unwilling to invest. In its original conception, a liquidity trap results when demand for money becomes perfectly elastic (i.e. where the demand curve for money is horizontal) so that further injections of money into the economy will not serve to further lower interest rates. Under the narrow version of Keynesian theory in which this arises, it is specified that monetary policy affects the economy only through its effect on interest rates. Thus, if an economy enters a liquidity trap, further increases in the money stock will fail to further lower interest rates and, therefore, fail to stimulate. http://en.wikipedia.org/wiki... , http://www.investopedia.com/terms... , - Thomas Page

New Keynesian economics http://en.wikipedia.org/wiki... , OPTIMAL FISCAL POLICY IN A LIQUIDITY TRAP , http://www.princeton.edu/~pkrugm... , 8 -9 The history lesson Obama has ignored Obama has made the same mistake as FDR, turning his back on Keynesian economics. And we'll all pay dearly for it http://www.salon.com/news... , - Thomas Page

Rebuilding America http://thedianerehmshow.org/shows... , 1 -3 The Book of Jobs Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the “real” economy, from industry to service, or risk a tragic replay of 80 years ago. http://www.vanityfair.com/politic... - Thomas Page

American Jobs Act , 9 -9 http://en.wikipedia.org/wiki... - Thomas Page

So yes, debt matters. But right now, other things matter more. We need more, not less, government spending to get us out of our unemployment trap. And the wrongheaded, ill-informed obsession with debt is standing in the way. http://www.nytimes.com/2012... , 1 -9 sort http://www.zerohedge.com/news... - Thomas Page

Austerity http://en.wikipedia.org/wiki... Paradox of thrift http://en.wikipedia.org/wiki... Functional finance http://en.wikipedia.org/wiki... - Thomas Page

United States fiscal cliff http://en.wikipedia.org/wiki... , Howard Dean: Let's Drive Over the Fiscal Cliff. - http://www.youtube.com/watch... , http://thedianerehmshow.org/shows... , Sequestration In U.S. law, a procedure by which an automatic spending cut is triggered, introduced to the federal budget in 1985 by the Gramm–Rudman–Hollings Balanced Budget Act. It was most recently implemented in the Budget Control Act of 2011. This has led to worry over the "United States fiscal cliff." - Thomas Page

7 Ways to End the Deficit (without Throwing Grandma under the Bus) http://www.commondreams.org/view... - Thomas Page

If that’s what he’s up to, we need to stop using the term fiscal cliff and start considering terms like fiscal treason. http://www.tax.com/taxcom... - Thomas Page

Here's The Biggest Problem In The American Economy http://www.businessinsider.com/heres-t... Several factors have come together to produce a frustratingly weak economy that has persisted in the U.S. for more than a decade: "Globalization" has opened up a vast pool of billions of workers who work for much less than Americans. This, in turn, has resulted in companies shifting formerly middle-wage-paying jobs overseas. Technology has continued to increase productivity, allowing companies to do more with fewer employees. Average hourly earnings have been flat for ~50 years (after adjusting for inflation), as companies steer their wealth primarily to senior management and owners at the expense of average employees. Tax policies have increasingly favored investors and high wage earners over middle-class and upper-middle-class wage-earners. An obsession with "shareholder value" at the expense of other stakeholders (namely, customers and employees) has led companies to cut employee costs to the bone. , vicious circle http://friendfeed.com/citizen... - Thomas Page

{ 10 -29 http://xkcd.com/1127/large/ } Eight causes of the deficit "fiscal cliff." Which party is most responsible? http://davidbrin.blogspot.com/2012... ~ The bad news? Unbelievably, in the present election, the citizenry might actually re-hire the gang that did all this to us. Proving that hypnotism and incantations can trump facts -- fooling some of the people, all of the time. Enough of the people. The lesson is simple: do not re-hire the dopes who made the mess. Who committed the first half dozen travesties. If you do, future generations will have you to blame. , ( me , deficit = re-framing to obstruct , out of control - backfire , failure to frame to science ? ) - Thomas Page

Consider these facts. Over the past five years, Republicans have threatened a filibuster 385 times. That's almost double the rate of the preceding five years. "This level of obstruction is extremely unusual," Norman Ornstein, a scholar at the conservative American Enterprise Institute, told Newsweek. "And the core of the problem is the GOP." The Republican Party has chosen to become the party of no in a political system that can work only if there is some cross-party cooperation. 11 -2 I can't stand this indecision married with a lack of vision http://www.youtube.com/watch... , sort http://www.nytimes.com/2012... , http://2012.talkingpointsmemo.com/2012... , 11 -12 http://www.nytimes.com/2012...& , 11 -25 The Senate’s Long Slide to Gridlock http://www.nytimes.com/2012...& , 11 -26 http://www.nytimes.com/interac... - Thomas Page

United States debt-ceiling crisis http://en.wikipedia.org/wiki... 12 -8 http://www.cfr.org/interna... , 12 -9 BS , 12 -12 http://www.nytimes.com/interac... , 1 -7 GOP Voted to Raise Debt Ceiling During Bush Spending Spree 19 Times ... credit given was spent by who ? Who should pay it back ? if you are hung up on this framing BS , privatize profit - put loss on public ? - Thomas Page

Trillion dollar coin http://en.wikipedia.org/wiki... , http://friendfeed.com/citizen... 1 -10 http://www.newyorker.com/online... http://www.huffingtonpost.com/2013... http://www.wired.com/busines... , And I do find myself thinking a lot about Keynes’s description of the gold standard as a “barbarous relic”; it applies perfectly to this discussion. The money morality people are basically adopting a pre-Enlightenment attitude toward monetary and fiscal policy — and why not? After all, they hate the Enlightenment on all fronts. http://krugman.blogs.nytimes.com/2013... - Thomas Page

Republican’s biggest economic lie – that the budget deficit is “the transcendent issue of our time,” in McConnell’s words, and that balancing the budget will solve America’s economic problems. http://robertreich.org/post... , 2 -13 “Cliffhanger” Interactive: A Guide to the Gridlock http://www.pbs.org/wgbh... , 2 -15 https://www.khanacademy.org/humanit... , 2 -22 http://www.dailykos.com/story... - Thomas Page

Debt and David Stockman http://krugman.blogs.nytimes.com/2013... http://www.huffingtonpost.com/david-p... http://www.foreignpolicy.com/article... http://en.wikipedia.org/wiki... http://www.nytimes.com/2013... , 4 -8 wall street disconnect with main street? - Thomas Page

sort https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... https://en.wikipedia.org/wiki... , 7 -14 http://friendfeed.com/citizen... , 9 -22 http://en.wikipedia.org/wiki... http://rules.house.gov/resourc... , 10 -2 http://en.wikipedia.org/wiki... - Thomas Page

Deliberative democracy http://en.wikipedia.org/wiki... , One side non negotiating - non delibrative , False equivalence http://en.wikipedia.org/wiki... , of equal contribution to systematic dis-functionality by MSM , self fulfilling causation of government as the problem [ necesity of reaction to extremism , polarization or pragmatic systematic troubleshooting? , 8 -10 Adversarial_process http://en.wikipedia.org/wiki... - Thomas Page

"No Congress before this one has ever, ever in history been irresponsible enough to threaten default, to threaten an economic shutdown, to suggest America not pay its bills, just to try to blackmail a president into giving them some concessions on issues that had nothing to do with the budget," he said. Mr. Obama has said he won't negotiate over the debt ceiling, leaving it to Congress to ensure that the country is able to pay its bills on time. Mr. Boehner said he rejected that argument. "I'm sorry, but it just doesn't work that way," he said. National Republican Congressional Committee Chairman Greg Walden (R., Ore.) said the kitchen-sink approach to the debt limit was designed to broaden the GOP message beyond its traditional anti-spending, anti-government focus. "It's not just about cutting spending; it's not just about cutting government," he said. "We have to grow the economy. Our message hasn't resonated as positively as we would want." http://online.wsj.com/article... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... ? "We have to grow the economy. Our message? < = BS [{( http://www.slate.com/blogs... - Thomas Page

United States federal government shutdown of 2013 http://en.wikipedia.org/wiki... History of United States debt-ceiling increases http://en.wikipedia.org/wiki... , [ attending to symptoms instead of ... underlying , its the economy stupid , basic governance mechanisms , taking care of processes , Economic shudown vs government shutdown? ... , 10 -4 Lockout http://en.wikipedia.org/wiki... mentality? [ full faith and credit , ~ And the Congress may by general laws prescribe ~ ... , Antideficiency Act http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... - Thomas Page

Buy a full tank of gas or 10$ at a time to save money? Budget Control Act of 2011 http://en.wikipedia.org/wiki... ? 10 -17 sort sedition of process? due to ignorance and/or indolence / malice paved with good intentions ? Fiscal Responsibility? As complexity increases and the nature of governance becomes more complicated, so does the need for formal policies and procedures.? http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... , 10 -19 http://www.aspenideas.org/festiva... http://billmoyers.com/segment... , 10 -28 sort Understanding the National Debt and Budget Deficit http://www.youtube.com/watch... 11 -13 private wealth vs public wealth {... , infrastructure , investment in people , ... [[ private debt vs public debt { obligation indenture , monetary creation ???? - Thomas Page

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Larry Summers: U.S. ‘Obsession’ With Paper Debt Is Misguided http://hereandnow.wbur.org/2014... [ http://www.politico.com/magazin... - Thomas Page

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officials and representatives who are operating according to an agenda based on political zealotry, religious ideology, or similar extreme views are not likely to really care about highly nuanced technical issues. Or Fiscal Responsibility! - Thomas Page

Infrastructure http://fivethirtyeight.com/feature... So why aren’t states pulling the trigger on big capital projects? Highway Trust Fund is expected to run out of money in August ! Doh ! First, states are continuing to struggle with the legacy of the financial crisis, paying down debt they acquired during the boom years. And second, many state transportation projects are in limbo as the federal government’s Highway Trust Fund is expected to run out of money in August, unless Congress replenishes it. [ http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... [[ http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... http://www.cbo.gov/sites... http://www.cbo.gov/sites... [[[[[ http://friendfeed.com/citizen... 6 -16 http://www.nytimes.com/2014... 6 -18 http://talkingpointsmemo.com/dc... 7 -10 http://time.com/2970858... - Thomas Page

Sandbaggers? Politics over all else? When we have the Executive we want then we start playing? Willing to sabotage much ... [ RESPONSIBILITY [[ GOP Voted to Raise Debt Ceiling During Bush Spending Spree 19 Times ... credit given was spent by who ? Who should pay it back ? if you are hung up on this framing http://en.wikipedia.org/wiki... BS , privatize profit - put loss on public ? [[[[[[ 8 -4 http://www.nytimes.com/2014... - Thomas Page

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ways and means http://en.wikipedia.org/wiki... http://www.bloomberg.com/politic... Paul_Ryan http://en.wikipedia.org/wiki... http://en.wikipedia.org/wiki... Trick or Treat ? 11 -14 Takers? Plutoreplicant Puppets? Took taking yet to be taken ]]] [[[ 11 -15 Governing enlightend leadership , serving service served , Fullfilling Fullfilment Fullfilled, Social_Progress_Index http://en.wikipedia.org/wiki... - Thomas Page