News Roundup – Egypt, Paul Krugman, North Carolina

Home » News Roundup – Egypt, Paul Krugman, North Carolina

News Roundup – Egypt, Paul Krugman, North Carolina

By | 2013-08-18T22:36:22+00:00 August 15th, 2013|Economy, Foreign Affairs, Legal|1 Comment

The violence in Egypt is simply breathtaking. Maybe heartbreaking is a better term.. I understand that Egyptians, for the most part, weren’t happy with the Muslim brotherhood. I’m sorry. If you indeed had a free and fair election, you need to live with the consequences. I am sitting here in North Carolina seizing over what has happened to what was the most progressive state in the South. Our answer is not to take to the streets and begin randomly shooting people. Instead, we are organizing. We’re going to get more people registered to vote. We’re going to vote these ultra conservative Republicans out of office and take back our state.

Visit for breaking news, world news, and news about the economy

Paul Krugman had two excellent posts yesterday. The first post had two things that were very interesting to me. First, Professor Krugman wondered if most Americans knew that the budget deficit has been rapidly decreasing. Somebody from Google got in contact with him and they quickly put out a survey. This isn’t the exact same thing as a poll, but it does give you an idea of the power of the Internet. The poll suggested that over 75% of the respondents had no idea that the federal deficit had significantly decreased. This brings me to my next point, that the budget deficit has significantly decreased compared to GDP.

In Paul Krugman’s other post, he talks a little bit about the economy in the Netherlands. The Netherlands had the kind of “Grand Bargain” that several in Washington have been arguing for for the last couple of years. Basically, cut the federal budget and cut the federal budget some more. Then, when you think you’re through, cut the federal budget once more for good measure. Well, this didn’t work out so well for the Netherlands. Their economy is in the tank.

Once the Republicans got control of both houses in the North Carolina state legislature and the governor’s mansion, conservative legislation couldn’t be passed soon enough. The New York Times has an article outlining some of the conservative changes in North Carolina. The article really highlights our ridiculously restrictive photo ID law.

The Pentagon expands benefits to same-sex married couples. This is a big deal.

Scientists are looking at ostriches to try to figure out how dinosaurs moved.

Wow, times of change. Newt Gingrich, the neoconservative’s neoconservative, used Obama’s campaign slogan just the other day. He said that hope was the key to progress for the GOP. I’m still laughing at the irony.

I must mention that Jesse Jackson, Junior was sentenced to two and a half years in prison for being a moron. Stealing campaign funds if your name is John Smith is a little bit different than stealing campaign funds if your name is Jesse Jackson. There’s nowhere to hide. Everybody knows who you are. You are always under the microscope.

ALEC turns 40.

I love what my friend Kurt Eichenwald wrote about the Stand Your Ground lawIt makes no sense to argue that you support Stand Your Ground and then condemn Trayvon Martin for confronting a guy who was following him. You can’t pick and choose who gets to stand their ground based on a perception of threat, which is why that law is so obscene.

About the Author:

One Comment

  1. constitutionlady August 15, 2013 at 11:13 am

    I thought I was pretty well informed, but I had no idea the budget deficit as percentage of GDP was declining at all, much less so significantly.  That’s especially hard to do when the economy was in a major recession.  Thanks for the post, Dr. Thompson.

Comments are closed.