Friday, April 1, 2011

I have no idea if Tim Pawlenty is really this foolish!

"I have respect for Michelle Bachmann."
Ryan Avent @ The Economist catches former Minnesota Governor Tim Pawlenty - one of those GOP candidates deemed "serious" by pundits - issuing a pronouncement based on "thoroughly discredited fringe beliefs."  What Avent dubs his "strange ideas" indicates TeePaw apparently doesn't have any more of a clue about economic policy than that other noisesome GOP 2012 hopeful & Tea Party icon Michelle Bachmann, whose whacky screeds suggest she's the insistent voice of Loony Toons Town in our public discourse.

The Economist's Avent:
TIM PAWLENTY, former Minnesota governor and potential Republican presidential candidate, has thoughts on money:
The former Minnesota governor said the administration has devalued the dollar by injecting "fiat money" into the economy. Former Minnesota Gov. Tim Pawlenty (R) predicted Tuesday that the U.S. will face a double-dip recession that could last all the way until the 2012 elections. The likely presidential candidate said the government, under President Obama, has devalued the dollar by injecting "fiat money" into the economy in an attempt to boost it — a plan he said will be damaging in the long-run.

This is unfortunate. Let's review the reasons why:

The Titanic's April Fools link

"I'm pretty sure there will be duck-hunting in Heaven."

Except it's not...

No fool...

"Darkness on the edge of town..."

Springsteen writes a letter to his hometown newspaper, which is something more of us should be doing:

Thank you for your March 27 front-page story by Michael Symons, "As poverty rises, cuts target aid." The article is one of the few that highlights the contradictions between a policy of large tax cuts, on the one hand, and cuts in services to those in the most dire conditions, on the other. 

Also, you've shone some light on anti-poverty workers and analysts such as Adele LaTourette, Meara Nigro, Cecilia Zalkind and Raymond Castro, among others, all of whom have something important to add to the discussion: real information and actual facts about what is happening below the poverty line. These are voices that in our current climate are having a hard time being heard, not just in New Jersey, but nationally. 

Finally, your article shows that the cuts are eating away at the lower edges of the middle class, not just those already classified as in poverty, and are likely to continue to get worse over the next few years. I'm always glad to see my hometown newspaper covering these issues.

Bruce Springsteen

(Click here to see the article: As poverty rises, NJ cuts target aid.)      Via WitnessLA.