It appears that someone (who I am sure has family income under $250,000 per year and is just interested in social science) contests my view that families with income over $250,000 per year are rich. He or she notes that two earner families can be rich by working real hard and that price levels are […]
Robert Waldmann Jeff Sachs proposed higher taxes on the rich.Felix Salmon wrote I don’t think this is possible, politically, in either the US or the UK. In the US, the middle classes are implacably opposed to tax hikes on people making more money than they themselves will ever make. Kevin Drum agrees with Salmon about […]
A research review by: Divorced one like Bush Introduction: This review was initiated after reading the report linked at the 25 indicators post. A review of the data regarding accepted economic performance indicators for business cycle peaks of year 2000 and 2008 is presented along with a discussion of the relevance to the strategy of […]