I have for you two posts about the Fed “running out of ammo”. If you don’t think that idea is moronic, I can’t save you.
I read the transcript and didn’t watch the video, but boy oh boy do I ever like Nate Silver.
There’s a pretty interesting phenomenon that I appreciate more and more each year, where sounding reasonable but being totally out of touch with the facts of the matter is a great political strategy. One of those strategies is insisting that corporations pay their “fair share” of taxes.