hard heads soft hearts

a scratch pad for half-formed thoughts by a liberal political junkie who's nobody special. ''Hard Heads, Soft Hearts'' is the title of a book by Princeton economist Alan Blinder, and tends to be a favorite motto of neoliberals, especially liberal economists.

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Saturday, July 30, 2011
Obama: East Africa famine needs world to respond

Roofer hailed a hero after Norway island rescue

Gary Farber - Amygdala
UPDATE, July 19th, 2011: my friend is still looking for any work, including any Bay Area general office/admin, or retail work; write me at gary underscore farber at yahoo dot com with any info re possible work locally or freelance by mail. And, yes, new or renewed subscriptions, and donations, would be wonderful: thanks to any who can help!

Susie Madrak - What Dave Said
It’s not a “crisis” when it’s completely manufactured.

Dean Baker - Ron Paul’s Lucid Solution to the Debt Ceiling Impasse

Dean Baker - Beat the Press
As a practical matter, the financial markets completely ignored the downgrading of Japan's debt in 2002. It can still pay less than 1.5 percent interest on its 10-year bonds. . .

Paul Krugman - The Fatalist Temptation
. . .the truth about our slump — that we know how to fix it, that we could fix it in a year if we had the political will, but that bad ideas and worse politicians are standing in the way — makes people uncomfortable. They want to believe that we have a deep problem, and that’s why we’re in such a mess. . .

Question 1) What does Krugman mean by "fix it"?

Question 2) 435 House, 100 Senate, P & VP. How many of them agree with Krugman?

Question 3) How many of the American people agree with Krugman?

Note that this is not an ideological question. The assertion is "We know how to fix our slump, and we could fix it in a year if we had the political will." You don't have to be a liberal to agree with that assertion, or a conservative to disagree with it. Ricardo Caballero is I think an example of a non-leftist who would agree with Krugman's assertion.

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