Various people have argued that Republicans decided to repeal and (very partially) replace Obamacare before moving on to tax reform, because Obamacare repeal (aka the American Health Care Act aka AHCA) would make it easier to permanently cut tax rates. To me this makes less than zero sense. The argument is that, since AHCA includes […]
by New Deal democrat Prime working age employment up, participation up (finally) – now how about wages? The March jobs report finishes the first quarter, which make it easier to update some labor participation trends, which, along with wages, has really lagged in this nearly 8 year old expansion. In order to eliminate the issue […]
by Sandwichman Thank God it’s Boilerplate!: It’s Thursday and The Economist is lumping its labour The Economist and Jonathan Portes are at it again. “Lump of labor! Lump of labor!” The occasion? A proposal for a four-day workweek announced by the U.K. Green Party at their convention this week in Liverpool. The Economist pretended to […]
Via Naked Capitalism is a post by Pavlina R. Tcherneva of Bard College at New Economic Perspectives. Worth reading the whole post… by Pavlina R. Tcherneva (originally published at New Economic Perspectives) Inequality Update: Who Gains When Income Grows? Growth in the US increasingly brings income inequality. A striking deterioration in this trend has […]
NYT Dealbook points to a how the 2 trillion dollar overseas money can come “home” and how money is spent. 2005 comes to mind the last time repatriation of “overseas money” comes to mind. Linda Beale Repatriation holiday lobbying – Money Speaks and More on repatriation. Taxprof blog here and Senate report here. The Overseas Cash […]
Top 100 Economics blogs The Angry Bear blog is a very popular multi-author blog. This left-leaning blog provides incisive commentary on U.S./Economics, law and politics.
Via AngryBear Econ facebook page comes Dr. Robert Waldmann’s discussion of costs of healthcare and life expectancy on Challenging Opinions. (among several others such as supply side economics…click the link above)
New link from Steve Bennen at Eschaton reminds us of Robert Waldmann’s post from 2014: The 27% Crazification Factor Again Robert Waldmann | January 27, 2014 It’s that number again. As noted by Dylan Scott at TPM, according to the latest Pew poll 27% of US adults think that the Republican party “is more willing […]
by Barkley Rosser (originally published at Econospeak) Complacency Or Community Commitment? Human And Social Capital Reconsidered I have been poking at Tyler Cowen’s recent book on The Complacent Class, along with those who have praised it unstintingly, with my main complaint being that what he calls complacency may really be fear. In an exchange posted […]
by New Deal democrat Variations on the Phillips Curve: unemployment and underemployment This is part of a longer post I wanted to write, and if FRED didn’t play so poorly with iPad I would put it all up. But, having finished with my cursing, let me put up a truncated version now and follow up […]