economy

Forget comedy; Jon Stewart is quite simply one of our best media critics, a Marshal McLuhan for stoned millennials. On Tuesday’s Daily Show, he treated us to his analysis of the pre-Super Bowl interview in which “the most powerful man in the Free World sat down with Obama” for a visit to the “Fox scandal […]

Gentlemen, did you wake up this morning with a little extra pep in your Mr. Peepers? We sure did, because WE FINALLY GOT OUR PRESIDENT BACK! It’s like that awesome hopey and changey guy from 2008 snuck back out and sucker-punched the GOP right in the nards with like a million awesome words at the […]

Folks, it’s time to face facts. Obama’s plan to destroy the economy has failed. We had high hopes after the first 14 months of Obama’s first term, as we reveled in the negative jobs numbers that kept rolling in month after month like an ever-rising tide of sorrow. “Good,” we said to Satan, who is […]

How’s that vein in your forehead? Poppin’ fresh? No? You’re happy?! Well that won’t do at all! Here, read this story about how Wall Street firms are furiously buying up cheap homes, renting them out, refusing to treat infestations of vermin, threatening legal action against renters for things that aren’t their fault, and (of course) bundling monthly rent […]

Gosh, we are such dumb liberals! We thought we knew all about capitalism, an economic system most of us have lived with our entire lives. We thought we knew all about private ownership, and free markets, and the commodification of labor, and investment, and consumption, and all that jazz! And we thought we knew about […]

Well, we are in week 2 of what seems to be a shutdown about… something … who really knows at this point? Now that Obamacare is glitchily bumbling along, what, exactly, is the GOP demanding for releasing the hostage? Who cares, at least the government is saving tons of money and the economy is still […]

On this fine morning we are pleased to present a genuine rarity: A Republican politician who seems sincerely worried about mass shootings! Former New Hampshire State Sen. Jim Rubens, who is officially eyeing Jeanne Shaheen’s US Senate seat, made the following Valuable Contribution to the Discourse in a 2009 blog post: Women already outnumber men […]

Unloved money brute Lawrence “Larry” Summers will not be your new Ben Bernanke after withdrawing his name from consideration for Federal Reserve Chairman on Sunday. Mainly this is because humans are hard-wired to distrust men named Larry, but there were other factors, like: Four of the twelve Democrats on the Senate Banking Committee have already […]

If someone told you to go “shove it,” you’d think that was pretty cute, right? Maybe you’d come back with a quick “up your nose with a rubber hose” and, tension defused, you’d ask if they got to second base with Mary Sue and how about going to the malt shop and do they really […]

In just a few minutes, or maybe it already happened, Barack Hussein Obama will make the most importantest economic speech since his last importantest economic speech. It is to take place at Knox College in Galesburg, IL, where he made an economic speech (this guy with the economic speeches!) in the year 3 B.O. (2005). […]

 Just in case you are unfamiliar with Reinhart-Rogoff: they are a pair of economists who published a very famous paper purporting to show that high public debt to GDP ratio leads to negative economic growth. This paper was waved around by people like Paul Ryan, who used it to argue that cutting Social Security and Medicaid and […]

Veronique de Rugy is a Doctrix of The Economy, says the Sorbonne, which is weird because the impression yr Wonkette gets from reading her column is that she learned everything she knows about economics from a cardboard cutout of Ron Paul’s left nut. Witness her latest on the ever-comical National Review Online’s The Corner, in […]

Your Wonkette had to go to the hospital about a year ago for a two hour long procedure. We had a good friend come pick us up, and as we left, she indicated a desire to take the brown paper bag of basic first aid supplies that the doctor had left for us to bring […]

Good news! The new Bureau of Labor Statistics unemployment report came out, and more Americans are working, the unemployment rate dropped to 7.8%, and jobs numbers were revised upwards in July and August. Of course, Barry Obama had a bad debate on Wednesday, so how could the economy mysteriously be recovering two days after Obama […]

How exciting, soon we will be in the midst of a third round of quantitative easing! Does this mean we should break out the Korbel and celebrate? No, it probably does not, because like most of our economic policies, it will mostly benefit Incorporated Americans and people with lots of investments and will punish Poors […]