Rep. Katie Porter (D-CA) represents much of Orange County, once one of California’s most Republican areas. This year her GOP opponent is Scott Baugh, a former Orange County party chairman who served a relatively brief stint in California’s legislature over 20 years ago. She easily beat h[...]
Posts Tagged ‘Federal Reserve Policy’
Can we quit the inflation B.S. now?
CNN does most of the work, so I’ll refer you to their article here, and summarize highlights and correct errors. 1. The blame game The headline says, “Washington can’t have an honest debate about inflation,” which is true. That’s because “it’s largely a char[...]
February 15th, 2015 - 5:07 pm § in Politics
Radical Republicans: Debunking Rightwing Monetary Myths
Most Americans, if they’re at all religious, should get on their knees and thank God that rightwingers didn’t run America’s economic policy in the aftermath of the financial crisis and near-depression which their policies helped cause. Although our economy isn’t exactly glitt[...]