The Future of Macro: Barry Eichengreen's Take
links for 2009-09-06

Republican Members of Congress Cannot Find Their ****** with A Map and Two Flashlights Department...

Republicans Flummox Matthew Yglesias, who finds that he cannot retain information about how... dumb and inconsistent they are:

Matthew Yglesias: Republicans Against Medicare: I knew that despite their recent posturing as the Party of Medicare, most Republicans actually hate Medicare. But I hadn’t realized they’d gone on record with this so recently...

And he refers us to Steve Benen:

The Washington Monthly: [D]id Republicans vote to "end," "abolish," and "kill" Medicare?.... In April, 137 Republicans voted in support of a GOP alternative budget... [which] called for "replacing the traditional Medicare program with subsidies to help retirees enroll in private health care plans." The AP noted at the time that Republican leaders were "clearly nervous that votes in favor of the GOP alternative have exposed their members to political danger."... The more Republicans press Dems on Medicare, the more we're likely to hear about the fact that a majority of the House Republican Caucus voted this year to kill Medicare as we know it,

And Matthew is fluxxomed some more:

[T]o pile ironies onto ironies, providing subsidies to help people enroll in (regulated) private health care plans is the core element of the Obama’s administration’s plan for people under the age of 65. When applied to people 65 and older, subsidized, regulated, private health insurance is considered such a right-wing position that many Republican members of congress won’t vote for it. But when applied to people aged 64 and younger, it’s socialism.

But will Republican members of congress find themselves paying any kind of a price for their rhetorical inconsistencies? Don't hold your breath.