Category Archives: 2007-2012

Discretionary spending under Democratic and Republican Administrations, Reagan-Obama

Data for the graph above and the following observations come from table 5.6, found here. If you look at the above graph you see that under Republican administrations, discretionary spending tends to go up. Under Democratic administrations, discretionary spending tends … Continue reading

Posted in 2007-2012, advanced capitalism, conservative movement, democracy, economic recovery, macro-economics, political sociology, politics, qualitative sociology of economics and politics, sociology, the great contraction, the great contraction 2007-2012 | Leave a comment

Debt-ceiling deal appears imminent

Jonathan Chait is exhorting us to “stop fretting: the debt-ceiling crisis is over!” And indeed, it appears Speaker Boehner is finally willing to bring a vote to the House floor, even if it is the Senate bill, and even if … Continue reading

Posted in 2007-2012, debt, democracy, politics, qualitative sociology of economics and politics, The End of the GOP | Leave a comment

Three days till debt-ceiling breach

What would it take to foster an actually thriving domestic labor market? What kind of political and policy relationship between government and private industry would it take? I am of the mind these questions, or variants of them, should represent … Continue reading

Posted in 2007-2012, an actually thriving labor market, democracy, economic recovery, political sociology, politics, qualitative sociology of economics and politics, The End of the GOP, the great contraction, the great contraction 2007-2012 | Leave a comment

Four days till debt-ceiling breach

What do you need to know about US politics? How about this: The policies it would take to foster an actually thriving labor market are not on the table. But unprovoked debt default is. The Republicans are no longer interested … Continue reading

Posted in 2007-2012, an actually thriving labor market, political sociology, politics, qualitative sociology of economics and politics, The End of the GOP, the great contraction, the great contraction 2007-2012 | Leave a comment

The business elite is letting GOP put domestic economic sabotage on the negotiating table

There is a piece of knowledge emerging in which the Republicans are no longer the party of Big Business. Statements of this knowledge can be found in BusinessWeek, National Review, and the Washington Examiner. It is based on the view that the … Continue reading

Posted in 2007-2012, debt, democracy, economic recovery, macro-economics, political sociology, politics, qualitative sociology of economics and politics, sociology, The End of the GOP, the great contraction, the great contraction 2007-2012 | 2 Comments

The budget is the actual issue at stake

The Republicans aren’t going to goad Obama into defunding Obamacare. The Democrats aren’t going to magically “break the fever” and get Republicans to see the error of their anti-government ways. Neither of these goals is at this point remotely on … Continue reading

Posted in 2007-2012, an actually thriving labor market, democracy, economic recovery, macro-economics, political sociology, politics, the great contraction, the great contraction 2007-2012 | Leave a comment

What is at stake and why GOP is irresponsible to put debt-default on the table

It is time to envision possible scenarios resulting from a failure to raise the debt ceiling. At this point I don’t find it likely that such a breach will happen. I still find it most likely that, after weeks of … Continue reading

Posted in 2007-2012, economic recovery, money and finance, political sociology, politics, qualitative sociology of economics and politics, sociology, The End of the GOP, the great contraction, the great contraction 2007-2012 | Leave a comment