1. President Obama is presenting a budge proposal that includes cuts in Social Security and Medicare. At the same time, there are revenue increases, which target those who are at the top tier of the economic ladder in the form of higher taxes and the closing of several loopholes. The liberal left is angry at what Obama is doing, and what his purpose is in doing so? The full proposal is due next Wednesday:
http://www.washingtonpost.com/business/economy/obama-budget-would-cut-entitlements-in-exchange-for-tax-increases/2013/04/05/2ee93f82-9dd6-11e2-9a79-eb5280c81c63_print.html
2. You may recall the David Stockman piece that was linked here a couple of days ago. Well, here is Paul Krugman to kind of clarify things and dispute the points presented by the former Reagan budget meister:
I know that I have been hit and miss in my postings the past few months, and kind of hard to figure if I have a schedule or not. Well, I do, and its best described as "sometimes". However, don't look for me for about a week or so, since I will be out of town, and only in possession of my iPad, which is really not helpful in group mailings.
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