More on the health-care later, but let me be clear: Congressman Paul Ryan’s “plan” is NOT a budget. Budgets show Sources and Uses. As the CBO analysis makes clear, this “budget” is no more a budget than Ryan’s last round of fakery. To wit: The path for revenues as a percentage of GDP was specified […]
Economists’s claims that taxes should not be paid by corporations is based on the premise that government should be relatively inefficient and/or run a deficit in perpetuity. Discuss.
I want to open a pizza place. I find an available space; a previous pizza place that went out of business. The only catch is that there are four other pizza places nearby, none of which is overcrowded, except at the peak of peak hours. One–a block or two away, on another street–is the oldest […]
It’s no secret I’m not a fan of the birth-death adjustment to the employment serieses: not from a necessary belief that they’re biased, but rather because they give the lie to the illusion of accurate monthly data. But imagine for the moment that there had been no adjustment before the January data release. The headline […]
I don’t remember seeing any of this type of story last year. But this year, Socialism stories abound from the Midwest. My ex-roommate* sends this link to a story about Butler Bulldogs’s Senior Matt Howard’s family being able to attend the NCAA Finals tonight in Houston (video link here). Luke Winn of Sports Illustrated covered […]
Invictus at The Big Picture notes that, as recent recoveries from recessions go, the current “recovery” has the best private-sector hiring of the past three. Source: St. Louis Fed Expansion Charts via The Big Picture Go read the whole thing.
No Foolin’
I’m in Kansas City, where the Royals have started the season as one would expect of the current iteration of the team. Fortunately, I’m not here for the baseball, but rather for the Kauffman Economics Bloggers Forum. There will be presentations tomorrow (agenda here; homepage for live streaming here) in three session. The morning features […]
Brad DeLong culls the comments to this post at Crooked Timber to produce a “with notably rare exceptions” Greatest Hits package—his second post riffing on the original—in honor of The Maestro continuing to attempt to improve the reputations of Paul Volcker and Ben Bernanke, if not G. William (“I ran a company, I didn’t need […]