The question. I must have hit a cord with my answer, as Watts initial reaction was to launch into an ad hominem attack claiming I was “unable to see the better times for the dour.” He claimed “all right numbers are in place. Layoffs are decreasing, job numbers are increasing, and even Wall Street is…
The Question My first concern with my friend Elgin is that he is too filled with Conservative media’s information that he is unable to see the better times for the dour, an unfounded picture of what is actually taking place. If we do not have a basis of fact I our discussion, how will we…
The Question While Watts and I both seem dissatisfied with the current budget process, I found his suggestions at best unrealistic. He suggests that budgets be done “several years in advance.” Of course one of the current problems is that the Democrats in the Senate have, in violation of the law, refused to even do…
Link to question #2. The 21st century has been marked by economic bubbles. It began with the collapse of the Internet bubble starting in the late spring of 2000 when venture capitalists pulled their money from many fledging internet companies. This sent shock waves throughout the economy during the summer and fall of that year…
Link to question #2. Reshaping must always start with the philosophy of the budget. What is the budget’s use? I would not consider the budget the economic structuring document, free of morality or agendas we’ve come to expect from such a cold rehearsal of the facts. The first thing I would want to see done…
