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

Rep Marsha Blackburn’s snow job. Explains how Social Security money flows

I was watching C span Washington Journal this morning.  Rep Marsha Blackburn was the guest.  I got to listen to her explanation of how the Social Security funds flow and just had to post the clip.   Copied from the transcript of the clip: THEIRS MONEY THAT GOES TO MEDICARE AND SOCIAL SECURITY AND I THINK […]

Economic writing after my own heart

I have just learned of a new book that I believe every AB reader could relate to. DON’T BUY IT: The Trouble with Talking Nonsense about the Economy by: ANAT SHENKER-OSORIO An excerpt from the book summary: This concise, entertaining book shows us how wrong-headed metaphors and deceptive language have muddled our economic thinking, and […]

Did Romney speak blasphemously?

Of all the things being deconstructed regarding the debate last night, this is the one that stood out for me: QUESTION: The outsourcing of American jobs overseas has taken a toll on our economy. What plans do you have to put back and keep jobs here in the United States? Romney:…which will allow me as […]

Explaining Class Warfare

  Last month one hundred and fourteen thousand unemployed moochers…suddenly yank the government teat out of their mouths, get off the couch for forty hours a week? Why?     I say follow the money; cause I found out, that right around the time those people got those jobs…they started getting paid!   And just […]

Ok class, let’s review before the exam (election)

I’m sure you are all feeling kind of blah. You have this final exam for this session and I can tell by your performances on the quizzes that you are still confused. The problem solving portions of the quizzes have been very telling. So lets review.   You’re taxes are not too high. It’s your […]

An opinion on Thumtack.com/GW University Small Business Political Survey

I was forwarded an early look at a survey that was produced by George Washington University’s School of Political Management in conjunction with Thumbtack.com. As some readers know, I am an honest to goodness small business owner. Two business actually and they are as different as say a private practice physician and a florist. So…………I […]

Screw the Clinton tax rates. Lets party like it’s 1936!

  Update: *Additional numbers added Digby wrote a few days ago about the“grown-up” people coming to town to save America from the deficit. She listed a few of those people and their annual income.   Also, a few days ago the Senate had a vote on the tax cuts. Letting the Bush cuts go (I’m […]

Wages driven down, now relative to market you’re over paid!

Update: spelling corrected in title. I heard and then went to look see that Caterpillar is working hard to control it’s costs. “Despite earning a record $4.9 billion profit last year and projecting even better results for 2012, the company is insisting on a six-year wage freeze and a pension freeze for most of the […]

Tax cuts for jobs. NOT! Another tax cut that is not paying out

First a qualification. I am basing the following on info I found on the net. If the info is wrong, then I stand corrected as to who is or is not paying but not as to what happens when a large entity does not pay. The specific city and company are used purely for example […]