By Noni Mausa Double Double — The Absolute Simplest Look at Wages and Pensions One of the best loved Canadian drinks is the famed Double-Double, a big coffee with two creams and two sugars from the Tim Horton’s coffee shop chain. Millions of double-doubles warm grateful workers hands and wake up their brains on the […]
by Rebecca Wilder I Still Don’t Get Why the ECB Hiked Rates I still don’t get why the ECB hiked rates in April and July of 2011. I questioned this using bond market pricing back in August 2011. Now I question it once more using the ex post trajectory of mortgage rates. Across the Euro […]
by Rebecca Wilder Temporary Employment: A New Ugly Rearing its Head in Europe? Last week Clive Crook opined on some fallacies of labor reform, specifically related to the unions and through the Spanish experience. Labor reform is a highly contentious subject, given its close ties to welfare and politics. Based on Clive Crook’s article, I […]
by Rebecca Wilder Which Economy Is Pursuing Procyclical Fiscal Policy? Today the BLS reported that the US unemployment rate dropped to 8.3% in January 2012. This is the lowest measured rate since February 2009 – a local trough. Also this week, Eurostat reported that the Euro area (EA) unemployment rate stabilized in December at 10.4%. […]
Taxprofblog points to research suggesting a tipping point about the notion that small businesses drive the economy: Martin A. Sullivan (Tax Analysts), New Research Weakens Case for Small Business Tax ReliefThe National Federation of Independent Business states on its website: “Small business has created about two of every three net new jobs in the United […]
by Linda Beale Why we don’t need corporate tax “overhaul” GOP poormouthing on behalf of rich corporate allies(Part I in a series) These days, one hears a great deal from politicians on the right about how a corporate tax “overhaul” is needed because our taxes are “too complex” and/or “too anti-competitive” or because our tax […]
‘Bank Transfer Day’, What Really Just Happened? James Van Dyke points to some numbers on the move to transfer funds out of big banks: Bank Transfer Day and the Occupy Movement have received tremendous attention, and for the first time we have market research data to measure the impact on the financial services industry. Javelin’s […]
Making it Harder for Military Families to Sue for Medical Malpractice In defending the U.S. military’s medical system in court, the U.S. Department of Justice is arguing that service personnel and their families are not allowed to sue for medical malpractice regardless of the circumstance.As a general rule, military members are barred from taking the […]
by Beverly Mann Thomas Hartmann writes via Truthout: Most Americans don’t realize that the idea that ‘corporations are people’ and ‘money is speech’ are concepts that were never, ever considered or promoted or even passed by any legislature in the history of America. Neither were they ever promoted or signed into law by any president […]