Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.
Thomas FrankMaybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.
Thomas FrankAbove all else stands the burning question of bipartisanship. Whatever else the politicians might say they're about, our news analysts know that this is the true object of the nation's desire, the topic to which those slippery presidential spokesmen need always to be dragged back.
Thomas FrankWhen money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.
Thomas FrankThe pursuit of the vibrant seems to be the universal job description of the nation's city planners nowadays. It is also part of the Obama administration's economic recovery strategy for the nation.
Thomas FrankWe are watching industries crumble, Wall Street firms disappear, unemployment spike, and unprecedented government intervention. And our designated opinion leaders want to know: Is Obama up this week? Is he down? And is his leadership style more like Bill Clinton's, or Abraham Lincoln's?
Thomas Frank