by Linda Beale Excerpts from Linda’s post Dealing with the Sunset of the Bush Tax Cuts (Part I) at Ataxingmatter: As the fall rolls in, Congress is expected to focus its attention on the fact that the huge tax cuts enacted under Bush (mostly in the 2001 and 2003 bills, but also in other bills […]
Presimetrics has shipped from Amazon.com Monday August 16th.
by reader Ilsm Heritage Foundation’s Rant against Reductions to the War Machine:Talking points aired on 14 Aug 2010 AM session of C-SPAN TV. US warfare spending will decline to 3% of GDP by 2019. As if that is a problem. GDP is meaningless, especially when you see the tiny threats that the large percent of […]
In These Times Grupo Santander, the global banking giant, last year took control of Sovereign Bank. The largest bank in the Euro-zone, where it is based, Santander is the world’s eighth largest banking company by market capitalization. While the company is very good at generating profits around the world (it’s the world’s fourth largest bank […]
Spanning the period April 14, 2010 to June 7, 2010, the euro lost 12.5% in value against the $US (this is not a trade-weighted measure of the currency value, but it’ll do). As the currency tumbled, Q2 nominal export income grew quickly over the quarter for the top 5 economies in the Eurozone: Germany, 6% […]
This needs to be screamed far and wide from the highest mountain to the deepest sea, at the top of one’s lungs: There is no reason to think that the bulk of current unemployment is any sense “structural”: if aggregate demand were higher it would melt away just as unemployment in 1982 melted away. The […]
Robert Waldmann I’m not sure if I should post this here. I think it might be stimulating. However, I am ignorant and have no intention of learning (except from comments). I feel free to display my ignorance after the jump. The conventional wisdom seems to be that we have to do something about the long […]
Robert Waldmann Jonathan FBD Weisman strikes again. I blame Kevin Drum for the fact that I read a grossly dishonest article of his in the Wall Street Journal. The article is about public attitudes on the deficit and on proposed solutions. As a normal journalist, Weisman stresses anecdotes and only briefly mentions polling data. I […]
by: Daniel BeckerThis is just a little something toward the “get to know your blogger” department of AB. It’s just in case anyone thinks that we have no real life. Besides the 2 businesses, dealing with long term care issues for both parents (not even on the list of issues for this nation) and stimulating the economy by […]
Federal Register Improved version 2.0 is now available for use, and includes on some items a link to the that particular item that is open to comments at Regulations.gov.