Fiscal irresponsibility in one graph

hate to do this to you, dylan and greg sargent, but i'm putting a block on washingtonpost.com on my comp and delisting your RSS feeds. roger cohen's column in defense of child rape was a bridge too far.

Ezra,

Broader point taken, but note that UI extensions are expected to reduce 'revenue'. Doesn't this suggest that UI extensions aren't really all that effective in terms of economic stimulus?

Yes, I also want to know how UI benefits reduce revenues. I would think it would only increase expenses (and theoretically raise revenues because UI benefits count as income and are taxed)

I think it is incredibly unlikely that ~$400B in tax cuts will generate $1.2 trillion in economic activity taxed at 33%, so thank you for this chart.

The public debate regarding monetary expansion versus austerity measures is well underway in the public domain -- but what about the default option? More at:

http://wjmc.blogspot.com/2010/07/what-about-default-option.html

I am seeking audience feedback regarding the costs of a default versus the intrinsic advantage of walking away from $13 trillion in existing debt, thank you in advance...