I’d like to share and discuss a FRED graph. To me it shows an alarming similarity between inflation expected over the next five years and inflation over the past year. The title is not uh very useful. The red line is the nominal treasuries minus TIPS breakeven for constant maturity of 5 years — the […]
Baseball lost a piece of history yesterday, as my great-aunt Edith died, about a week shy of what would have been her 101st birthday. Reference articles here, here, and here.
We saw it on the “fiscal cliff”: enough House Republicans voted for the deal, along with most Democrats, to get something passed. Republicans backed down on the debt ceiling. On immigration, we’re also seeing the two parties working together to craft a solution. This feels like a possible sea change. Should Obama get credit? He’s […]
by Linda Beale Red state tax “reform” and “economic growth” As most tax practitioners and academics know, Professor Paul Caron maintains a “tax prof blog” that provides timely links to most things tax in major papers, blogs, journals, conferences and the like, as well as announcements and releases from theIRS, Treasury and Congress related to […]
Via New Economic Perspectives comes The Alternative* Frontline Untouchables interview *This video is a parody of the Frontline Untouchables interview that aired recently on PBS(hat tip rjs)
In the Comments thread to my post yesterday about a comment that Brian Williams made the day before indicating that he apparently does not know what “the debt ceiling” actually means, reader SW asked: “So, is he really an idiot or does he just play one on the tv?” I answered: I hadn’t thought of […]
by run75411 Smoking is All About Poverty I raised the issue of why the elderly pay more than smokers for healthcare insurance since growing old is a natural occurrence and smoking and its associated disorders is self-inflicted. I raised it after STR said smokers are being robbed and I pointed out the elderly non-smokers and […]
by Cathy O’Niel and re-posted with permission of the author who writes her own posts for her blog mathbabe, who works and teaches in New York city as a quant with style. This piece is a comment on data collection, not his intent. Bill Gates is naive, data is not objective In […]
http://www.alternet.org/immigration/obama-track-deport-record-2-million-people-2014?akid=10000.29972.LmCOJH&rd=1&src=newsletter787632&t=5 Obama on Track to Deport a Record 2 Million People by 2014