by Tom aka Rusty Rustbelt Health Care Thoughts: More Complexity Grumbling I have made the point many times that if anything stops Obamacare it will be the inability to implement an extremely complicated program. Call it “Rusty’s Theory of Complexity.” The feds have now published (link below) the draft application for financial assistance in health care […]
Amity Shlaes, the disinformation bunny, is still going. In the latest issue of Imprimus, a publication of Hillsdale College, is a transcript adapted from a recent talk she gave there during a conference on the Income Tax, sponsored by Hillsdale’s own Center for Constructive Alternatives and the Ludwig von Mises Lecture Series. Right away, you […]
by Linda Beale Addressing TBTF with tax and other policy: because “Big Banks Go Wrong, Pay Little Price” The New York Times today reiterated what many Americans lament–Big Banks went uncharged for serving as the main engine of the Great Recession that cost ordinary Americans jobs, homes and futures. See Andrew Ross Sorkin, Big Banks […]
In support of Beverly’s latest post and all her past postings wanting for Obama (or the Dem’s in general I would say) to explain the truth about how a government’s money really flows, I present this video from the Watson Institute. (via Didby at Hullaaloo.) I happen to agree, it would be nice if our […]
But several right-leaning fiscal experts described a balanced budget as a tool to force a fractious Congress to tackle the nation’s long-term budget problems. “It is important to reduce the debt, and balancing gets you there faster,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office and a prominent Republican economist. “That’s paramount.” […]
A New York Times reporter Gardner Harris describes an issue that might jar some of our perceptions about access to potable water: Almost no place on Earth gets more rain than this small hill town. Nearly 40 feet falls every year — more than 12 times what Seattle gets. Storms often drop more than a […]
Yup! But … but … we didn’t do this during the Reagan presidency–the presidency that was the very embodiment of fiscal responsibility! Just as Paul Ryan said yet again just this very morning.
In subtle ways, Ryan’s budget acknowledges the results of November’s election. He isn’t seeking to do away with tax increases that have already been approved, and he accepts that tax revenue will be 19.1 percent of the economy in a decade, up from the 18.7 percent he assumed last year. But otherwise, he continues to peddle the […]
Paul Ryan is, in effect, the Joe McCarthy of our era. He consistently spews outlandishly false statements of fact, never offers actual evidence in support of them and never refutes factual challenges using actual and full facts, and tries as a matter of routine to obfuscate his specific and broader objectives and therefore to trick […]