Free Republic

An elitist economist is insulting his readers by doubling down on the much-criticized notion that spiking inflation is only “transitory.” Princeton University professor Alan Blinder penned an absurd Wall Street Journal op-ed headlined, “When It Comes to Inflation, I’m Still on Team Transitory.” Blinder even conceded in his subheadline that “transitory” apologist Federal Reserve Chairman Jerome Powell “may have retired the term," but proceeded to claim that "bottlenecks and shortages should be over soon.” This was the same Blinder who wrote an equally absurd March 15 op-ed headlined: “There’s No Need to Panic About a Little Inflation.” Another Blinder piece...

RICHMOND, Va. — The political tumult in Virginia widened Thursday as the State Senate’s top Republican faced an onslaught of questions about racist photographs and slurs in a college yearbook that he helped oversee, transforming the Capitol’s nearly week-old crisis into a bipartisan reckoning over personal conduct. The senator, Thomas K. Norment Jr., who is the majority leader, was the managing editor of the 1968 Virginia Military Institute yearbook, which included images of students in blackface.

Alan Blinder’s Wall Street Journal column today, “Our National Jobs Emergency,” unwittingly provides an answer to why all the Obama administration’s machinations to improve our economy have failed. Professor Blinder is surely a smart guy, but, like the president himself, he seems to view businesspeople as marionettes, thinking that politicians can pull a string and get people to respond in a specific way.

Pelosi Announces Hearing on Risks of Default to the U.S. Economy and Jobs July 06, 2011 Washington, D.C. – Democratic Leader Nancy Pelosi announced today that the House Democratic Steering and Policy Committee will hold a hearing this Thursday at 12:00 p.m. on the impact of a default on the United States economy, job creation, and seniors and the middle class. This hearing, the only one in the House of Representatives on this critical issue, will emphasize the pain the American people would face if the United States were to default on its debt. Witnesses for the hearing include: Bruce...

On Wednesday, Pelosi had a forum with top House Democrats and a team of economists: Former Federal Reserve Vice Chairman Alan Blinder, October 21, 2009 'Absolutely horrendous long term fiscal out look' This is a graph presented by Jared Bernstein, chief economist to Vice President Joe Biden. Do you see any current recovery? There are not going to be Job increases for a long time, look at that curve in the graph Yet, Pelosi says the recession is coming to an end; http://www.rushlimbaugh.com/home/daily/site_102209/content/01125107.guest.html PELOSI: It's no accident that right now that as the recession's coming to an end it does...