Relevant and even prescient commentary on news, politics and the economy.

More on Income and saving the rustbelt

This is a continuation of looking at the income of the top 10% of this country. Before we go further, let’s look at what kind of a money machine we are when compared to other countries.This is a chart of GDP by country for 2005 based on data from data360.org. We seem to be quite […]

Tax breaks for dogs?

Here’s a little fun one for you. Should pets, in this case dogs, be tax deductible like children? That’s right. From Congress.org a person comes up with this proposal: My husband & I have no children because we cannot afford to have children living on Long Island. But we do have 2 dogs – 2 […]

Has Jacob Marley been visiting?

After reading Stormy’s post on global warming posted Thursday, 3/12, I heard on NPR’s Market Place today, Thomas Friedman’s solution to the problem – Greed. (Green with a D) Now, there is something wrong I think when a negative character trait is professed as a good thing and a necessity to solve a community problem. […]

More info for saving Michigan and Ohio

This is a continuation of my previous post on what to do to help out Michigan and Ohio. (or the rest of the nation for that matter). I suggested that there is plenty of money in this country, we just need to find a way to reduce a trend that has lead to the top […]

Answering the Vicious Cycle

Well, Save the Rust Belt inspired me to make my first, self posted posting. Save the Rust Belt appears to be asking for help in his posting about the downturn of Michigan and Ohio. So, I thought this is a good post to jump on to start a line of solutions as oppose to just […]

Tax “Cuts”: Kash’s Rebuttal to Mankiw

Kash suggests that Greg Mankiw was not careful in his beer drinking example: The first and second men (the poorest) used to pay $0.20. Now they pay only $0.15 (a savings of $0.05, or 23%). They must then pay an additional $0.16 somewhere down the road. The third and fourth men (the next poorest) used […]