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Today I blogged about the CBO report's effect on health-care reform, Rep. Mike Pence's disbelief that you can spend and save at the same time, and interviewed Andy Stern.

Here's what I didn't get to:

1) The problem isn't that Americans don't know about the budget, but that what they know is wrong.

2)" The magic asterisk."

3) Yves Smith on the psychology of Wall Street.

4) Matt Yglesias's personal canon.

By Ezra Klein  |  March 18, 2010; 7:12 PM ET
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We have been promised by Candidate Obama that our taxes will not go up unless we make more than $250,000. a year.

Everyone acknowledges that the only way to decrease the deficit is to raise the taxes on everyone.

Ezra Klein blogged early today that taxes must go up.

I personally believe Klein told the truth and Obama did not!

Posted by: mwhoke | March 18, 2010 7:27 PM | Report abuse


Any chance we'll get your list of influential books?

Posted by: justin84 | March 18, 2010 8:28 PM | Report abuse

"They compound the political problem if they think they can get away with voting against this thing after they've voted for it," Senate Minority Leader Mitch McConnell (R-Ky.) said Thursday.


I hope wavering house Democrats heard this.

Posted by: RichardHSerlin | March 18, 2010 9:11 PM | Report abuse

I'm starting to think about how this health-care stuff has affected our political culture. I actually think it has to a great extent. The coverage of health-care by the TV networks was bad, often focused on personalities, gossipy, and devoid of accurate substance.

But was TV news that much more reckless than it would have been if this were done in the Aughts or in the 1990s or even before? The Internet has allowed outstanding journalists, such as Ezra Klein, to steadily offer a different forumula for content. I think it's only becuase this new, more informative news exists, that the old, gossipy, uninformative kind looks so very bad. At some point the more substantive, more accurate content from the Internet will begin to direct what is said on TV.

Sometimes when I feel down about our political culture, I realize that the reason that things looks so bad is because what is right (or at least better) is coming into clearer focus. Something about the health-care debate reminds me that we're turning a corner.

Posted by: phillycomment | March 18, 2010 10:28 PM | Report abuse

No man's life, liberty, or property are safe while the legislature is in
session. --Mark Twain (1866)

Posted by: Jmacaco4 | March 19, 2010 3:25 AM | Report abuse

A liberal is someone who feels a great debt to his fellow man, which debt he
proposes to pay off with your money. --G. Gordon Liddy

Posted by: Jmacaco4 | March 19, 2010 3:27 AM | Report abuse

Talk is cheap-except when Congress does it. The government is like a baby's
alimentary canal, with a happy appetite at one end and no responsibility at
other. --Ronald Reagan

Posted by: Jmacaco4 | March 19, 2010 3:28 AM | Report abuse

We contend that for a nation to try to tax itself into prosperity is like a
standing in a bucket and trying to lift himself up by the handle. --Winston

Posted by: Jmacaco4 | March 19, 2010 3:29 AM | Report abuse

The difference between death and taxes is death doesn't get worse every time Congress meets. -- Will Rogers

Posted by: Jmacaco4 | March 19, 2010 3:33 AM | Report abuse

A government which robs Peter to pay Paul can always depend on the support of
Paul. -- George Bernard Shaw

Posted by: Jmacaco4 | March 19, 2010 3:34 AM | Report abuse

Suppose you were an idiot. And suppose you were a member of Congress. But I
repeat myself. --Mark Twain

Posted by: Jmacaco4 | March 19, 2010 3:36 AM | Report abuse

Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay. - Milton Friedman

Posted by: Jmacaco4 | March 19, 2010 3:39 AM | Report abuse

The President, Vice President and all civil officers of the United States, shall be removed from office on impeachment for, and conviction of, treason, bribery, or other high crimes and misdemeanors. -- the Constitution

Posted by: Jmacaco4 | March 19, 2010 3:44 AM | Report abuse

As an acknowledgment of Yglesias' lightly habitual spelling stumbles, that should have been "Matt Yglesias' personal cannon"

Posted by: bdballard | March 19, 2010 8:29 AM | Report abuse

We fools and our money will soon be parted when Congress votes at 1 on Sunday. Our relief: a vote against those who vote for health care reform. Throw the rascals out of office. It will a lesson that the new 112th Congress will remember vividly!

Posted by: murzek1 | March 19, 2010 10:03 AM | Report abuse

@ Jmacaco4: sloganeering vs substance. US taxpayers pay less in income taxes and total taxes than the vast majority of other advanced democracies.

I like this one.

Politics is like cars. Use D to go forward, R to go backward.

Posted by: srw3 | March 19, 2010 10:56 AM | Report abuse

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