Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1403804 Comments:2390
There are three principal factors that control a net export decline: (1) Consumption as a percentage of production at a production peak (C/P); (2) Rate of change in production and (3) Rate of change in consumption. We constructed a simple model, for a hypothetical exporting country called “Export Land,” to illustrate how these factors interact to control the resulting net export decline.
Actions, Not Words: For four years and counting, Obama has worked to find a way to make premature and unnecessary cuts in Social Security and Medicare. Don't look at his words, he's a politician. Look at what he's done, especially the repeated and unnecessary concessions to the Republicans. It's not about the deficit, at least the chained-CPI COLA planned for Social Security, because the program is not a part of the deficit. So there must be some other explanation.
Speaking Up: Boehner's inability to muster a passing vote in a House his party controls raises the question of how much of the House he speaks for and whether he'll be Speaker come January. To win the job he'll need an absolute majority of the House. He doesn't have one now. Now if we could get Obama to stop negotiating with himself...
The Brotherhood of the Flagellants: With no coherent threat of scourging from the right, House Democrats are working on a plan that would cut Social Security benefits, plus reduce the benefits of about 50 other federal programs that are keyed to cost of living adjustments.
