At Illusion of Prosperity, Stagflationary Mark posted this scatter-graph of quarterly GDP YoY growth and CPI data from Q1, 1948 through Q4, 2011. Each point represents the differences from the medians of each data set for each of the variables, respectively. This gives you a picture of time spent above and below what might be […]
by Kenneth Thomas Whiny Apple Pioneered Avoidance Strategies, Books Fictional Tax Rates If you haven’t yet seen The New York Times article on Apple, go read it. I’ll wait. It’s a blockbuster. As I wrote last month, Apple whines about the fact that it has to pay taxes. But of course, it does much more […]
The new Florida [voter-identification] law requires that voter registration drives be conducted by third-party groups that are certified by the state and requires the groups to account for all forms that are checked out from the election division. Those rules are the centerpiece of a training effort this weekend by the Obama for America staff in […]
It will take a few more months of legal maneuvering before American finally throws in the towel and agrees to a US Airways merger. American executives and directors will no doubt have to be bought off with golden parachutes, while trade creditors such as Hewlett-Packard and Boeing will likely be brought on board with promises […]
From the same post at Taxprofblog, a different study presents data and definitions on a related issue, but focused on income, which is a somewhat separate and overlapping conversation: Orazio Attanasio (University College London, Department of Economics), Erik Hurst (University of Chicago, Booth School of Business) & Luigi Pistaferri (Stanford University, Department of Economics), The Evolution of […]
by Tom aka Rusty Rustbelt Real Estate Insanity So my son and me are thinking about buying a intercoastal waterfront homes in Ohio and fixing it up this summer. He would live in half and we would rent the other side. Given the number of foreclosures this should be an easy deal, right? Wrong. The […]
Taxprofblog offers two studies on income and leisure that should spark some discussion. I have split the two studies out to two posts at Angry Bear as they are somewhat different conversations: Income Inequality and Leisure Inequality: Do the 1% Work Harder Than the 99%? Wall Street Journal Wealth Report, Do the Wealthy Work Harder Than […]
(Reuters) – Invoking Pope Benedict, Republican Representative Paul Ryan defended his budget plan on Thursday at Georgetown University, where a group of the Jesuit institution’s faculty has accused him of misusing Catholic teachings to push cuts to programs that serve the poor. “The overarching threat to our whole society today is the exploding federal debt,” […]
by Mike Kimel Ayn Rand v. Thomas Aquinas in Paul Ryan’s Mind Think Progress piece on Paul Ryan. Think Progress has a post noting that though Paul Ryan used to go around telling people he got into politics because of Ayn Rand, and he required all his aides to read Atlas Shrugged, now he tells […]
by Tom aka Rusty Rustbelt Health care thoughts: Cross-conflicting regulations health facility edition The most recent regulatory question I had trouble answering. The situation is as follows (the state will remain nameless): State nursing home inspectors: certain antibiotics cannot be administered for certain conditions without a three day lab culture being done first; if the […]