Relevant and even prescient commentary on news, politics and the economy.

Canada too! Part two

by Mike Kimel Canada too! Part twoCross posted at the Presimetrics blog. In response to my post commenting on Frances Woolley’s post, Frances Woolley left the following comment: On WCI, one of the commentators suggested that the Liberal/Conservative growth differential is partly due to differences in military spending. In Canada where we don’t have a […]

Democracy, oil, economic recovery…

Prof. Barkley Rosser at Econospeak makes a few observations on the changes in the Middle East as they relate to oil producers. (Dan here…An oil shock in prices of crude oil would be problematic for the economic recovery we all hope for.)

Liberal Fallacies: Protecting Social Security from its ‘Friends’

Re-posted from New Deal 2.0 with permission from the author Liberal Fallacies: Protecting Social Security from its ‘Friends’by L. Randall Wray Liberal attacks on Social Security are the unkindest cut of all. The Center for American Progress’s Matt Miller has argued that liberals can learn a valuable lesson from NY Governor Andrew Cuomo’s proposed budget. […]

David Cay Johnston on Stiffing the Working Poor

by Linda Beale David Cay Johnston on Stiffing the Working Poorcrossposted with Ataxingmatter David Cay Johnston, former New York Times tax reporter and now a columnist at Tax Analyst’s Tax Notes, writes this week about  the way both the Obama White House and the Republican party conspire to provide every-increasing benefits through the tax system […]

Deficit Hawks Down: The Misconstrued “Facts” Behind Their Hype

Reposted from New Deal 2.0 with permission from author. Deficit Hawks Down: The Misconstrued “Facts” Behind Their Hype by James K. Galbraith Economist James K. Galbraith attends a Pete Peterson-funded road show. The Fiscal Solutions Tour is the latest Peter G. Peterson Foundation effort to rouse the public against deficits and the national debt — […]

New Program for Offshore Accounts

by Linda Beale New Program for Offshore Accountscrossposted with Ataxingmatter As I mentioned in earlier posts, the IRS has released information about a new voluntary disclosure program for offshore account holders.  The last program, which closed in October 2009, provided a low penalty of 20% of the highest aggregate balance in offshore accounts for the […]

Canadian economic growth is about two percentage points higher under Liberal governments

by Mike Kimel Canadian economic growth is about two percentage points higher under Liberal governmentsCross posted at the Presimetrics blog. Frances Woolley has a piece in Worthwhile Canadian Initiatives that begins like this: Canadian economic growth is about two percentage points higher under Liberal governments. At least, that’s what my colleagues Stephen Ferris and Marcel […]

Kash Mansori will be writing again for Angry Bear

Kash Mansori will be writing again for Angry Bear. He has his own site The Streetlight, which carries several new posts. When he entered the private sector in 2006 he stopped writing for blogs. Kash wrote well written and data driven posts on international finance and macro economic topics, and some humorous as well. Welcome […]

Health Care thoughts: Policy Confusion

by Tom aka Rusty Rustbelt Health Care: Policy Confusion The Obama administrative, and especially the Department of Health and Human Services, is pushing the notion of accountable care organizations (ACOs) and similar innovative integration strategies to improve the cost-benefit ratio of health care services. This is integral to PPACA (“Obamacare.”) ACOs and other integrated provider […]