Robert Waldmann is back I didn’t mean to stop blogging for so long. I apologize. I also apologize for this post which is one of my occasional screeds against welfare reform. Oddly there seems to be almost a consensus that welfare reform was a good policy. I think this is based entirely on the fact […]
by Maggie Maharcrossposted with Health Beat Who Voted for Brown in Massachusetts — and Why? The media continues to report that the Massachusetts vote was a referendum on health care reform — and that this has the White House worried. If so, the White House is wrong. Take a look at polling conducted by Hart […]
by Linda Beale Job creation–tax cuts are not the right tool Not unexpectedly, the “think tanks” that claim to be nonpartisan but that conduct research sponsored by corporate interests and support “capital market” solutions to economic problems are at it again pushing more tax breaks for the huge corporations that just gained more legislative clout […]
by Linda Beale Obama’s State of the Union Tax Proposals President Obama delivered his first State of the Union speech tonight, assuring us that we could jump-start job creation through tax cuts for businesses and gain needed relief for families through tax cuts for middle-class households. What Obama offers is, as usual, a mixed bag–too […]
Go read: If you’re only reading one post, see FT Alphaville, which incorporates and expands upon… Tom Adams and Yves Smith’s posting at Naked Capitalism discussing the document and the reality of the situtation. the document itself is available from either The Long Room or the Huffington Post. If the FRB of NY really believed […]
by Bruce Webb Geekery below the fold. Steve Jobs was a little hyperbolic in his language yesterday which led some people to laugh. Well there are reasons he is a self-made billionaire and you are not. The key to understanding why the iPad and similar devices can change the world it to understand that it […]
by Rebecca Wilder At least that is the way I read today’s monetary policy release. According to the statement released today: “The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around 0.1 percent.” However, the statement curiously omits the following from item 6. of the previous release: The Policy Board […]
by Daniel J Becker (DOLB for the rest of you) UPDATED BELOW.Well, I thought being tonight is the big night for the President I would give my version of the SOU. This is an update on the flower shop. For any new readers, these are real numbers from an honest to goodness small business. As […]
UPDATE: datacharmer at Bluematter thinks visually. Bruce, yesterday: Unless you have had the experience of using an advanced smartphone it is hard to explain how transforming it is to have the Internet in your pocket, if I have a question about anything it is mostly as close as my left pocket. But like the iPhone […]