Paul Krugman thinks Washington should drop its phoney preoccupation with things like debt and inflation and get down to the real issue–employment.
I agree. Unfortunately, the political-economic tides have been running in the other direction for over three decades. Between 1932 and 1980, American presidents tried to bring the nation as close to full employment as possible–it was their primary preoccupation. In his book, The Great Inflation and Its Aftermath: The Past and Future of American Affluence, Washington Post economics columnist Robert Samuelson argues that everything changed for the better following the recession of 1980. The goal of full employment was replaced by the goal of stimulating economic growth by controlling inflation and creating a corporate-friendly environment. (more…)
By Alan Bean


You may be wondering what happened to The Response, Texas Governor Rick Perry’s Christians-only pray-for-America extravaganza. 
By Alan Bean