Monthly Archives: February 2009

Facts and Myths

By Ray Watkins | Published: February 27, 2009
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As to the economics, remember that when it comes to deficits and debt, the real issues over the long term are (1) the ratio of debt to GDP (we're still under 50 percent, which ain't bad, considering all the spending that's been going on; at the end of World War II it was substantially above 120 percent). And (2) whether and when we're back to growing the GDP, which is the most reliable way of improving the ratio. "Obama's Goal: Halving the Budget Deficit by 2012. Really?" Monday, February 23, 2009, Robert Reich If Obama is mostly successful, then the epistemological skepticism natural...
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Wire: One of Us

By Ray Watkins | Published: February 25, 2009
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