Republicans opposed to the Obama administration’s fiscal stimulus bill fretted noisily about ‘spending money we don’t have’ and ‘passing a burden on to our grandchildren.’ Their concern for fiscal prudence is laudable, but not credible, given the past 60 years.…
Greenspan’s poor excuses are laughable
Alan Greenspan should emulate Donald Rumsfeld. When you err badly as a policy maker and do enormous harm to the nation, hunker down and keep your mouth shut rather than demean yourself with lame excuses. That is what Greenspan does…
Stimulus tweaks: We’re laughing to keep from crying
For those who have followed congressional debate on the fiscal stimulus plan, it has helped to have a strong sense of irony. Without it, the gap between the overreaching rhetoric from both sides of the aisle and the true, foreseeable…
A strategic dilemma for organic farmers
As worried families rein in spending as the recession deepens, a growing fraction of Minnesota farmers have their own economic worry: What is the ‘income elasticity of demand’ for organic foods? Both production and consumption of organic products has grown…