Tag: amount of money

So what happened? How did Barack Obama win?

Several weeks ago, some Americans made broad pronouncements that Barack Obama had lost the election. He was desperate. It was over. I stated that the widely available facts did not support this conclusion; that Barack Obama was going to lose, nor that he was in trouble. There are any number of blogs and websites for tracking polls and giving us, the voters, real time information. By far, the best and most accurate was Nate Silver’s 538 blog, which is now part of the New York Times. Nate Silver is part of the New York Times, not because he is a liberal,

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Consumers Are Determined to Decrease Debt

I know there’s been some happy talk about spending during Black Friday and Cyber Monday. Whatever. I’m not buying it. Although Americans may have spent a considerable amount of money in the last several days, there’s no evidence that the trend will continue. As a matter of fact, the trend over the last several years is that Americans are cutting back on debt. There’s no reason to assume that Americans are changing their minds and deciding to start borrowing again. The following is a fabulous graph from the Calculated Risk blog:

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Brother, can you spare $4 trillion?

I continue to be flabbergasted by the callousness of Republicans. Eric Cantor has decided that $2 billion isn’t worth worrying about. I guess if you can’t worry about $2 billion then maybe $4 trillion could get his attention, maybe. The fact that the direct and indirect costs of the war could be as much as $4 trillion is not really a revelation to me. The problem I have is that Republicans continue to insist that throughout the Bush administration these wars were not to be expensive. As a matter fact, they suggested that it would be cheap. Remember how Donald Rumsfeld

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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