View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dale Baker who wrote (213702)	1/2/2013 4:16:10 PM
From: JohnM	Read Replies (3) of 541580

Krugman made two points in that particular blog post: one had to do with his presumption that the market effects of the fiscal cliff venture would be less than a failure to renew the debt ceiling. That looks to be the case to me. Moreover, I suspect that a failure to pass the bill last night would have been remedied fairly soon. So it seems to me Krugman was more right than wrong on that one. As for his second argument, that Obama's negotiating style this time around would lead the Reps to feel they could roll him on the debt ceiling issue, that strikes me as a good argument as well. He simply wanted a deal more than the Reps in the House. We disagree but it will be more than interesting to see what happens to those negotiations in the spring.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next