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Flame war of the year: Estonian president unloads on Paul Krugman on Twitter
Austere. Two words, my friends: Romney/Ilves. In reverse chronological order: I know what you’re thinking — “y’all”? — but Foreign Policy seems convinced that it’s a bona fide account. In which case,...
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Open thread: The Greek elections; Update: Coalition may be in chaos
Choices. The elections in Greece have come to a halt and now we’re just waiting for them to finish tallying the results. Antonis Samaras with the New Democracy party is generally regarded as the last...
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ObamaCare, the decision, and austerity
Bargains. There is no government mandate requiring people to write about the Supreme Court decision upholding Obamacare, but you wouldn’t know that from visiting the internet. I briefly considered...
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France willfully setting itself up for failure
No, this time, socialism will work! France’s socialists recently gained a sizable majority of their parliament, as well as electing the ultimate champagne socialist to the presidency. I’m enjoying...
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Spanish labor not taking to those new austerity measures too well
Difícil. Spain’s recent financial and economic woes in the midst of the wider eurozone crisis require that they make some tough decisions about where and how they’re going to rein in their budget...
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Greece: Er, do you think we could get an extension on those austerity...
Pressure. And now for an update on what’s happening with the ongoing European debt crisis (which, as President Obama is constantly reminding us, is one of the many “headwinds” facing global economic...
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Chart of the Day: Austerity? What austerity?
Plus, we spent $7 trillion on stimulus and didn't even get a lousy T-shirt. What did the Q4 GDP number and the January jobs report show us? To listen to the White House, the New York Times, and Obama...
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France to the eurozone: But we don’t want to implement more austerity measures
Pooh-pooh. Last year, self-proclaimed Socialist Francois Hollande and his fellow Socialist lawmakers were elected to the presidency and parliament in a glorious wave of anti-austerity enthusiasm, as he...
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Greece: Any more austerity pressure, and we’re looking at a “social explosion”
I got your back. Greece has been stuck in an economic recession for going on six years now and is currently the seat of the highest unemployment rate among the 17-member euro bloc, with a jaw-dropping...
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Germany: France is “Europe’s biggest problem child”
Le sigh. Last week, French President Francois Hollande’s Socialist administration accidentally let slip a draft policy paper in which they accused German Chancellor Angela Merkel and her ilk’s...
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Quelle horreur: France to auction off some government wine because, austerity
It's come to this. France has the second largest economy in Europe, but with the unemployment rate above ten percent and their economic growth rate in stagnation mode — not to mention their recent...
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Obama budget declares end to … austerity?
We hardly knew ye. Say, did you know that we are living in the age of austerity budgets in Washington? This year’s budget will spend more than last year’s $3.44 trillion, but not as much as Barack...
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Greeks voting to possibly end “vicious circle of austerity”
Forward into the past! It’s still nearly two years until our elections, but the Greeks are going to the polls today in an early election to decide the members of parliament. You remember Greece, right?...
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Meh: 2014 Q4 GDP rises 2.6%
"Mindless austerity"? Economic growth in the US slowed considerably from its pace in the middle of 2014, according to the advance estimate released today by the Bureau of Economic Analysis. Fourth...
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No, liberals, the new Greek deal is not “a coup”
Cracking the whip Two fresh mysteries have arisen in the wake of the recently announced “Yet Another Bailout” for Greece deal and they are both worth exploring. The first, of course, is why Europe is...
View ArticleSaudis to look at economy diversification due to oil price crash
The Saudis may have to completely change their economy after the crash of oil prices. The Middle East head of the International Monetary Fund thinks the Saudi Arabian government is going to have to...
View ArticleGreek labor unions hold general strike to protest new austerity measures
The Greek debt crisis flared up again Friday when labor unions called for a general strike to protest a new round of taxes and cuts to pensions. The strike, set to last 48-hours, has shut down most...
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