From his latest column (worth reading in full), here’s Paul Krugman’s bottom line:
. . . Over the next few weeks, House Republicans will try to blackmail the Obama administration into accepting their proposed spending cuts, using the threat of a government shutdown. They’ll claim that those cuts would be good for America in both the short term and the long term.
But the truth is exactly the reverse: Republicans have managed to come up with spending cuts that would do double duty, both undermining America’s future and threatening to abort a nascent economic recovery.
☞ And if you doubt that Republicans know how to undermine an economy, just look at how they managed to upend the Clinton/Gore prosperity of the Nineties.
$25/MONTH UNLIMITED ANDROID
Marian Calabro: “People seem to tie themselves in knots over cell service. Why? I’ve been a Virgin Mobile no-contract devotee for years, even though I’m hardly in VM’s teenybopper demographic. Just upgraded to an LG Optimus V Android 2.2 phone for $149. The payoff comes in the low monthly rate. VM offers unlimited data, Web, email, messaging, apps, and 300 voice minutes on the Sprint network for $25 a month. Since I’m not a big talker, I never use 300 minutes. But if I’m retroactively vaccinated with a phonograph needle (remember that cliché?), I can switch to 1,200 minutes for $40 or unlimited for $60. This must be a great deal, because the LG Optimus is out of stock temporarily. I wish it had a keyboard, but getting used to the touch screen has been easier than expected. Moreover, I feel like I’m learning something new, which is always gratifying. VM’s customer service remains quite good. Other frugal readers may want to check this out.”
Talk about overcrowding. Check out this video, if you have a few minutes to go slack-jawed in claustrophobic amazement.
Quote of the Day
Borrow money from pessimists -- they don't expect it back.~Steven Wright
Request email delivery
- Mar 31:
Equal Time: Listen To Trump Activists
- Mar 30:
The Doctor Is In
- Mar 27:
The Word From St. Louis: Not Your Ordinary Recession
- Mar 26:
Using This Time Well
- Mar 25:
Take It From An Idiot
- Mar 24:
Potential Good News? UPDATED
- Mar 22:
Investing Perspective . . . And A Possibly Good Idea?
- Mar 20:
Don’t Bail Out The Airlines! Watch “After The Truth” On HBO
- Mar 19:
Take The Census Right Here And Now
- Mar 18:
The Deep State
- Mar 31: