I've read what Reich and Krugman have to say. Who are the economists...

...that tea baggers and the GOP (and Obama it seems) are listening to.

Reich and Krugman have come out in the last few hours and completely obliterated the deal that is on the table tomorrow.
Just for some perspective, are there any optimistic reviews, links, etc???

I would like to know, too.

Check the Chicago School of Economics for possible "economists".

Frankly, I've increasingly lost respect for them as they've taken this more simplistic "I know best!" tack more appropriate for a bloviating commentator like O'Reilly. And Reich is now apparently making shit up, talking about Medicare and Social Security cuts which simply so not exist.

If they're not willing to say making a deal is better than defaulting, then they're lying.

talking shit about Nobel Prize winning economists that teach at Princeton.

How long until they give you your chair in economics at Harvard? God, what a joke this post is.

They are the same ones who told us there was no such thing as a housing bubble and that de-regulation of the financial industry would be a splendid idea. But there are plenty of them, and no one (other than fringe leftists like me) seems to care that conservative economists have been wrong at every turn.

Mankiw, in particular, has been a huge disappointment to me. I used to read him for balance. But he has allowed partisanship to turn his writing into dreck. Just my humble opinion.

after this exhausting mess, and is not focusing on economists (thank goodness.)
Cuts don't take place until 2013, and he'd like to get revenues into the deal somewhere down the road, but he's got to be the pragmatist in the room.

Not reading Reich and Krugman, tho I usually respect them, but have to give it to POTUS (and Reid etc) for a balanced deal.

and ask for an endorsement.

have very clear visions of what we need to do in order to get our economy back on track and thriving. Unfortunately, nobody who has the power to do that is paying them any mind. That's too bad, because Krugman is quite brilliant. That being said, I don't find what I know so far about this deal (too damn little, truth be told) to be worse than what I'd expected. We needed a lot better, but without a clear majority in Congress, and Americans contented to while away on their couches and in their computer chairs, this is what we get. What I find so offensive is that there is a sigh of relief that at least they didn't cut SS and Medicare. YET. Those shouldn't even be on the chopping block - WTF?

Other than the economy, unemployment, and everything else.

:rofl:

I needed that laugh, even if it came out as a bark- thanks :evilgrin:

it's 4-d chess! maybe 5, Obama is so advanced it political negotiations that is boggles the mind!

"We are about to sanction blackmail as a legitimate Congressional negotiating strategy. Anyone think this is the last time we will see this happen?

This is a terrible deal for Democrats, and a terrible precedent for future budget negotiations."


- Economist's View

mailed back to you in pieces?

Please don't overlook the fact that the GOP/baggers have also set a precedent, one that the voters shall not forget come November 2012.

After the ousting of Boehner and the rest of the terrorists, any future GOPers will think twice about using blackmail.

How'd that government shutdown in 1997 work out for Newt Gingrich?

"In fact, Republicans will surely be emboldened by the way Mr. Obama keeps folding in the face of their threats. He surrendered last December, extending all the Bush tax cuts; he surrendered in the spring when they threatened to shut down the government; and he has now surrendered on a grand scale to raw extortion over the debt ceiling. Maybe it’s just me, but I see a pattern here."

- Paul Krugman