#ActInTimeDEADLINETime left to limit global warming to 1.5°C 4YRS111DAYS10:17:29 LIFELINELand protected by indigenous people43,500,000km²Finland's last active coal-fired power and heat plant shuts down | Repairing peats could prevent Glasgow's tap water turning brown | Community-based conservation cuts thresher shark fishing by 91% in Indonesia | Colombia creates landmark territory to protect uncontacted Indigenous groups | Britain’s GHG fell 4% in 2024, government data shows | Renewables made up more than 90% of new power installed globally in 2024 | Mali embraces solar power for rural areas | Agroforestry can help fight climate change | More European oil refineries to close, convert in next 10 years | European cities are designing streets to push cars out | Finland's last active coal-fired power and heat plant shuts down | Repairing peats could prevent Glasgow's tap water turning brown | Community-based conservation cuts thresher shark fishing by 91% in Indonesia | Colombia creates landmark territory to protect uncontacted Indigenous groups | Britain’s GHG fell 4% in 2024, government data shows | Renewables made up more than 90% of new power installed globally in 2024 | Mali embraces solar power for rural areas | Agroforestry can help fight climate change | More European oil refineries to close, convert in next 10 years | European cities are designing streets to push cars out |

Oct 24, 2012

Today's Krugman

Via NYT:
One of the central talking points of right-wing economists is that “uncertainty” caused by Obama is holding the economy back; they cite, again and again, a paper by Bloom et al purporting to find a relationship between uncertainty and jobs, with uncertainty measured via such things as article counts.
The certainty meme has always irked me.  Why is uncertainty such a big deal for these guys?  Are we supposed to remove all risk from every business venture so the mighty capitalist heroes can be absolutely guarantied to turn a monster profit?

I'm hoping they're talking more along the lines of just reducing the probability of some screwball politician changing something that unfairly upsets the applecart at inopportune times.  Of course, that's what they're selling - that Obama will do something that makes it harder for a business to flourish.  But what has Obama done that in any reasonable (or even discernible) way has depressed the economy, or made it more difficult for any business to operate in the black?

It's a crock.  And John Fugelsang has a few words on the subject:



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