For a good overview follow this link to Crooks and Liars The Cost To Our Economy From Republican Obstruction And Sabotage. Some quotes:
Republicans have obstructed every effort to help the economy. In the Senate they filibustered hundreds of bills. In the House they refused to allow votes on efforts to help the economy. And then there’s the sabotage.
The Republican political strategy has been to obstruct efforts to help the economy for everyone but the wealthiest few, and then campaign on complaints that the economy isn’t helping anyone but the wealthiest few. It’s working.
A reprint of a letter to the editor by James Thompson, originally printed under “To the Contrary” in The Rock Hill Herald on page A7, Saturday, May 10, 2014
I recently saw a Herald story informing the public of a health care forum being held on April 22 at Rock Hill’s Laurel Creek sponsored by a conservative political action committee. The article noted among the panelists would be U.S. Rep. Mick Mulvaney, R-S.C., state Rep. Ralph Norman, R-Rock Hill, and several others.
One group with which I was not familiar, The Association of American Physicians and Surgeons, was to be represented by its president, Dr. Thomas Kendall of Greenville. I did some research and was quite alarmed with the stated positions I found on the group’s website and in its publications.
This post is a reprint from YC Magazine February 2014 Politics section — The Democratic Commentary, page 50, by John Sharp.
Short summary — conventional “neoclassical” economic theory predicts that government policies of austerity should best cure a recession while preventing inflation. Five years of actual results suggest this is false — countries whose policies led to larger deliberate stimulus and larger safety net payments have recovered faster from recession. The article then points to Professor Narayana Kocherlakota, who was appointed to the US FED as a proponent of austerity to prevent inflation, a respected economics academic who had firmly supported the “fresh-water” economics school belief that massive stimulus and “printing money” would lead to massive inflation. Since that has not happened, though the theory suggests it MUST, he actually now questions the old orthodoxy.
He is a rare economist willing to examine real outcomes and try to make his theories match reality. To save our economy we need more like him. Keep a watch for Professor Kocherlakota’s name in the news, for he is attempting to push the FED (and Congress) in directions that produce real economic growth.
Economics and stimulus – is there reality beyond our beliefs?
At a February 26, 2013, dinner, the Palmetto Council of the Boy Scouts of America honored former S.C. Representative John Spratt during its Golden Eagle Dinner at Winthrop University. As part of the program Rock Hill attorney Ben Johnson (with Robinson Bradshaw & Hinson), an Eagle Scout who served as the chair of the Boy Scouts’ York District for four years, delivered these remarks about John Spratt. We are delighted to reprint them.
David White has often quoted our former law partner – John T. Roddey – who said that there is no limit on what a man can accomplish in life if he doesn’t care who gets the credit.
That’s John Spratt.
John arrived in Congress in 1983 and immediately built a reputation as an intelligent, hard worker. A work horse.
By Amy Hayes. Originally published in the April-May YC Magazine
I had some really witty things to say this month about Nikki Haley’s refusal to expand Medicaid. In my own very humble opinion, they were hilarious, thought-provoking, and would have made great slogans in the Democratic effort to unseat her in 2014. You’ll just have to take my word for it, though, because—-however much it pains me to do so—I’ve decided to keep them to myself.
Mick Mulvaney, Jim DeMint, as well as Vice Presidential Nominee Paul Ryan and a number of other Republican lawmakers share a common philosophical hero in the author Ayn Rand. Mick Mulvaney has declared that he has read “everything she wrote six or eight times.” Until recently, Ryan and Mulvaney have championed running our government according to her principles. Ryan tried to distance himself from Rand recently, but he didn’t change any of his proposals.
With so many of our leaders wanting to govern us by her principles, perhaps it is time to find out more about Ayn Rand.
One of my favorite quotes about Ayn Rand is from a column reviewing a biography of comic book writer Steve Ditko by Permanent Damage columnist Steve Grant who observes:
I’ve always suspected that Rand, who fled to America as a result of Stalinist persecutions, at least according to her data, was a Soviet sleeper agent sowing discord in America by effectively starting a religion that raised self-satisfaction to the highest of human aspirations … and openly mocked and scorned concepts like altruism and charity; her view, enshrined in ATLAS SHRUGGED, that men of great talent should step away from society and await its inevitable collapse under the weight of its own corruption is oddly similar to Marx’s conviction that communism was the natural and inevitable end result of capitalist society.