Weekly Digest – December 23, 2012

Economics:

Neil Irwin, There is no fiscal crisis.  And macroeconomics is not a morality play. (The title says it all.  Read the full article for the details.)

Brad DeLong, Department of “Oh Dear!”: Basic Macro Briefing Weblogging:

I have been complaining strongly about the failure of Republican economists to adequately brief their political principals. It looks like it is sauce-for-the-gander time…

If it is indeed the case that Obama does not understand the basics of the economic situation he is trying to manage, how likely is it that he can make good decisions?

Matthew O’Brien, Everything you need to know about the economy in 2012, in 34 charts.  (A very nice compilation.)

Politics:

Bruce Bartlett, How Democrats Became Liberal Republicans

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