by Linda Beale Welfare Spending: Medicare vs Corporate/Business Subsidies (or does the GOP really support WalMart’s behavior in Bangladesh?) As most readers know, the federal government is currently in what passes for negotiations between the President’s Democratic Party Senate and House members and the GOP members that control the House. The Tea Party and its […]
David Warsh, a journalistist covering economics issues, takes a look at Warren Buffet’s op ed at Economic Principals. The fiscal cliff negotiation is no better than a skirmish in what promises to be an epic ten-year struggle to achieve a new fiscal compact. For evidence of that, consider Warren Buffett’s entry into the debate last […]
by Barkley Rosser from Econospeak “The young will pay more and get less.” More Nonsense from Robert Samuelson Our old friend, Dean Baker at Beat the Press, does a good job of taking apart yet another screed by the execrable Robert J. Samuelson, faux economist for WaPo, whining about why nobody is jumping on board […]
by Linda Beale Republican “fiscal cliff” proposal House republican leaders have sent a letter to President Obama with their “fiscal cliff” proposal, which the Republicans cast as a “fair middle ground” and a “balanced framework for averting the fiscal cliff.” Id. Republicans object that the administrative proposal has is unbalanced, because it has “four times […]
by David Zetland Water, human rights and government failure I wrote a paper on a human right to water several years ago,* in which I made the point (using data!) that laws supporting a human right to water are unlikely to work in countries where the rule of law is weak.** But what about places […]
In response to Small businesses and tax cuts and reporting by Daniel Becker, reader Betty, a long time small business owner and not a sole proprietor herself in one of the richer towns of MA with a median income over $180,000 , asked: … I’ve always been baffled by the Republican complaint that it would […]
by Kenneth Thomas NYT: $80 Billion in State and Local Subsidies Annually (Updated) In today’s New York Times, Louise Story begins a series, “The United States of Subsidies,” ten months in the making, with a story focusing on General Motors closures, the border war for investments between Kansas and Missouri in the Kansas City metropolitan […]
by David Zetland from Aguanomics The Land Grabbers — the review Fred Pearce sent me a review copy of his new book, The Land Grabbers: The New Fight over Who Owns the Earth, which I enjoyed very much for its detailed description of the pros and cons resulting from foreigners investing in land in developing countries. […]
by Bill aka run75441 Raising the Price of Pizza 10 to 14 cents. . . Will pizza and food prices really have to increase to cover healthcare costs for the mostly young employees of the Olive Garden’s, Denny’s, and Papa John’s restaurants? A 10 to 14 cents increase per pizza is being proposed by Papa […]