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	<title>Post-Keynesian Observations</title>
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	<description>Understanding the Macroeconomy</description>
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		<title>Post-Keynesian Observations</title>
		<link>http://rommeldak.wordpress.com</link>
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		<item>
		<title>Piece by Me on Forbes.com</title>
		<link>http://rommeldak.wordpress.com/2011/03/18/piece-by-me-on-forbes-com/</link>
		<comments>http://rommeldak.wordpress.com/2011/03/18/piece-by-me-on-forbes-com/#comments</comments>
		<pubDate>Sat, 19 Mar 2011 02:41:45 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
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		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=259</guid>
		<description><![CDATA[Decided to try to get a bit more publicity for Post Keynesian ideas! Forbes.com Nothing I haven&#8217;t said here before. It was very lucky in that they were willing to accept a 2400-word article. Even with that, however, the issue is complex and it bothers me that I couldn&#8217;t cover everything. Having said that, the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=259&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Why It’s Logically Impossible for Social Security to Go Bankrupt</title>
		<link>http://rommeldak.wordpress.com/2011/02/21/why-it%e2%80%99s-logically-impossible-for-social-security-to-go-bankrupt/</link>
		<comments>http://rommeldak.wordpress.com/2011/02/21/why-it%e2%80%99s-logically-impossible-for-social-security-to-go-bankrupt/#comments</comments>
		<pubDate>Tue, 22 Feb 2011 04:11:27 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
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		<category><![CDATA[social security bankrupt]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=255</guid>
		<description><![CDATA[The belief that Social Security may not be there when we retire is one that comes up on a pretty regular basis and the program itself is currently a potential target for cost cutting in an effort to balance the budget (something that is totally unnecessary, but that’s a separate issue addressed in other posts). [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=255&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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		<title>Economic Disaster Looming (and it&#8217;s my birthday)</title>
		<link>http://rommeldak.wordpress.com/2011/01/20/economic-disaster-looming-and-its-my-birthday/</link>
		<comments>http://rommeldak.wordpress.com/2011/01/20/economic-disaster-looming-and-its-my-birthday/#comments</comments>
		<pubDate>Thu, 20 Jan 2011 19:48:00 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
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		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=253</guid>
		<description><![CDATA[Today is my 50th birthday (meaning I was born on the day JFK was inaugurated). It&#8217;s been very nice so far, with lots ad lots of kind wishes from friends and relatives, and I was really looking forward to enjoying myself today. Then I read this: House GOP Lists $2.5 Trillion in Spending Cuts The [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=253&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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		<title>Debt and Deficit in a Nutshell: The Video!</title>
		<link>http://rommeldak.wordpress.com/2010/11/14/debt-and-deficit-in-a-nutshell-the-video/</link>
		<comments>http://rommeldak.wordpress.com/2010/11/14/debt-and-deficit-in-a-nutshell-the-video/#comments</comments>
		<pubDate>Sun, 14 Nov 2010 17:33:43 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=248</guid>
		<description><![CDATA[My friend, Tschäff Reisberg, made a flash video of my blog post on the debt and the deficit and posted it to You Tube: http://www.youtube.com/watch?v=Ei_B5MTJofI Thanks, Tschäff! Very nicely done!<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=248&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>World&#8217;s Simplest Explanation of the Debt and the Deficit</title>
		<link>http://rommeldak.wordpress.com/2010/11/07/world%e2%80%99s-simplest-explanation-of-the-debt-and-the-deficit/</link>
		<comments>http://rommeldak.wordpress.com/2010/11/07/world%e2%80%99s-simplest-explanation-of-the-debt-and-the-deficit/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 19:59:51 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=241</guid>
		<description><![CDATA[(and why cutting spending right now would be an unmitigated disaster) There may be no single economic concept that is more poorly understood by the lay public and most politicians (both varieties) than the federal government’s budget. I suspect that some of that is willful ignorance with an ulterior motive, but the vast majority is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=241&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">rommeldak</media:title>
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		<title>Nice Post by Thomas Palley on Econ Policy</title>
		<link>http://rommeldak.wordpress.com/2010/09/06/nice-post-by-thomas-palley-on-econ-policy/</link>
		<comments>http://rommeldak.wordpress.com/2010/09/06/nice-post-by-thomas-palley-on-econ-policy/#comments</comments>
		<pubDate>Mon, 06 Sep 2010 20:06:26 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=237</guid>
		<description><![CDATA[You can find the original here: http://blogs.ft.com/economistsforum/2010/09/plan-b-for-obama-on-the-economy/#more-11616 Not sure what the first commenter on that page is talking about. This is hardly from the same school of thought that brought us the crisis. Plan B for Obama on the economy September 6, 2010 4:54pm By Thomas I. Palley TO: President Obama FROM: Thomas I. Palley [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=237&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rommeldak.wordpress.com/2010/09/06/nice-post-by-thomas-palley-on-econ-policy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">rommeldak</media:title>
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		<title>Great Cartoon..</title>
		<link>http://rommeldak.wordpress.com/2010/08/15/great-cartoon/</link>
		<comments>http://rommeldak.wordpress.com/2010/08/15/great-cartoon/#comments</comments>
		<pubDate>Mon, 16 Aug 2010 01:11:07 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=232</guid>
		<description><![CDATA[&#8230;although I&#8217;m not sure there shouldn&#8217;t be a couple of donkeys offering the same advice as the elephant. It would also be more realistic if the lions were kittens. Apparently, the cartoonist had not read my posts on the debt and the deficit!<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=232&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Inflation: What Really Causes It and What We Truly Have to Fear</title>
		<link>http://rommeldak.wordpress.com/2010/07/22/inflation-what-really-causes-it-and-what-we-truly-have-to-fear/</link>
		<comments>http://rommeldak.wordpress.com/2010/07/22/inflation-what-really-causes-it-and-what-we-truly-have-to-fear/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 01:31:25 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=224</guid>
		<description><![CDATA[I’ve been putting off doing this one, in no small part because we don’t have a problem with inflation at the moment. However, since a) people are starting to talk about it as a possible consequence of the debt/deficit and b) it is the only economic concept that I think is even less properly understood [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=224&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>13</slash:comments>
	
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			<media:title type="html">rommeldak</media:title>
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		<title>Government Deficits as Necessary to Capitalism</title>
		<link>http://rommeldak.wordpress.com/2010/07/15/government-deficits-as-necessary-to-capitalism/</link>
		<comments>http://rommeldak.wordpress.com/2010/07/15/government-deficits-as-necessary-to-capitalism/#comments</comments>
		<pubDate>Thu, 15 Jul 2010 19:02:55 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=183</guid>
		<description><![CDATA[I thought I’d add a short addendum to my original post on the debt and the deficit so that I can drive home the central points. We have the ability to create plenty of goods and services, but, ironically, we can do so too easily. Because with our productivity we can satiate short-term demand without [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=183&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">rommeldak</media:title>
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		<title>Debts, Deficits, and Dummies</title>
		<link>http://rommeldak.wordpress.com/2010/07/13/debts-deficits-and-dummies/</link>
		<comments>http://rommeldak.wordpress.com/2010/07/13/debts-deficits-and-dummies/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 03:10:04 +0000</pubDate>
		<dc:creator>rommeldak</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rommeldak.wordpress.com/?p=179</guid>
		<description><![CDATA[There is so much misinformation floating around about debt and the deficit that I figured I should write something about it in my blog. One of the things I find most disheartening about these ill-founded discussions is that professionals as well as amateurs are contributing to them. With the possible exception of inflation, I’m not [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rommeldak.wordpress.com&amp;blog=6077745&amp;post=179&amp;subd=rommeldak&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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