Tag: annual report

Paul Ryan equals austerity

Paul Ryan equals austerity. This is what he has pushed in the Republican budget. He and other conservatives have basically told us that we need to “get our house in order.” This is what we need. The question that I have to Paul Ryan and other conservatives is whether they have any examples where an economy in a recession which adopts austerity measures begins to prosper. Let’s just think about this for half a second. Currently, we are in a “mini recession.” By definition, a recession is decreased demand. We aren’t buying anything. Don’t believe me? Read the annual report from

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A couple of things…

A couple of quick items this morning: I do not think you have to be an economist to figure out that things are bad out there. In spite of Republican calls to slow down, I think we need to speed up. Housing starts for January were down over 50% compared to January 2008. President Barack Obama unveiled a $75 billion package to help prevent foreclosure on millions of homeowners. I’ll have to look at the details but it appears that this will help homeowners refinance their mortgages in order to make their payments easier. You can find the executive summary here. The Federal Reserve issued

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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.


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