Debt is one person's liability, but another person's asset.

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.

And that's just the beginning. More and more, conventional wisdom says that the responsible thing is to make the unemployed suffer. And while the benefits from inflicting pain are an illusion, the pain itself will be all too real.

I admit it: I had fun watching right-wingers go wild as health reform finally became law.