The Truth about US deficit

The Politics of Bad Analogies: It’s the Drain Stupid

What happens when you mix clever but simple ‘sound byte’ cartoons with somewhat complicated political issues? Sometimes you get bad analogies. And these bad analogies often just serve to confuse and misinform viewers. In the cartoon below, the elephant (Republican) and donkey (Democrat) argue over whether to reduce he leakage by one or two drops, […]

Deficit and Debt

The DOW Plummet and S&P Downgrade

The recent DOW Index plummet and the S&P downgrading of U.S. debt from AAA to AA+ has been followed by much finger pointing. The DOW has clearly been on an upward trajectory since just after the passage of the ARRA (stimulus package). The DOW plummets after weeks of infighting the two parties where Republicans refuse to […]