by Dale Coberly HOW TO PAY FOR SOCIAL SECURITYBALANCE THE BUDGET CUT THE DEFICITand REDUCE THE NATIONAL DEBT Big Numbers and Mental Hygiene We have been treated recently to a great deal of hysteria about “the deficit” and the huge horrible Burden of Social Security, including the mysterious Trust Fund: is it real? or only […]
by Linda Bealecrossposted with Ataxingmatter Inequality as a critical cause of the financial crisis? As readers know, Ataxingmatter is premised on a concept that I have called “democratic egalitarianism.” that This is the idea that sustainable democracy requires forces that push economic and other resources towards a more equal distribution rather than permitting resources to […]
by Dan Crawford I haven’t the time to check it out, but here is a note and link to a Senate bill on offshoring: The Senate is scheduled to vote TODAY on the Creating American Jobs and Ending Offshoring Act (S. 3816) to set a time limit for debate and cut off a filibuster. The […]
by Linda Bealecrossposted with Ataxingmatter Extending the tax cuts for the wealthy–the discussion continues The New York Times asked me for my views of Robert Samuelson’s recent argument in the Washington Post that extending the tax cuts for the wealthy made sense because they would otherwise cut back their spending, tax cuts for them will […]
by Mike Kimel Unemployment Rates, an International Apples to Apples Comparison Cross posted at the the Presimetrics blog. One of the things we all know about America is that labor laws are more flexible here than in other developed countries, so we have lower unemployment rates than in other countries with relatively more rigid labor […]
From the LA Times op-ed page comes this piece by an entrepreneur: I’m a venture capitalist and an entrepreneur. Over the past three decades, I’ve made both good and bad investments. I’ve created successful companies and ones that didn’t do so well. Overall, I’m proud that my investments have created jobs and led to some […]
We do know from Mike Kimel’s Presimetrics that the political message that tax cuts raise revenue is false. In particular, here are two looks at the topic from data from the last decade. It does appear that many want to continue what was done during this last decade…hold on to your wallet!! David Cay Johnston […]
by reader Ilsm Consider GAO-100745R take on keeping 4 brigades home stationed in Germany and Italy: In the Quadrennial Defense Review released in Feb 2010, the US Army decided to reverse the drawdown of Brigade Combat Teams and retain 2 brigades to retain the current order of battle of 4 brigades home stationed in Germany […]