The White American Dream Game Just listening to the level of noise coming from some posters complaining about low income workers, how they caused their own predicament, and this is why they are unable to move upwards on the ladder of mobility. Low income and unskilled workers do not work hard enough, they did not […]
Via an email from Greg LeRoy of Good Jobs First, we learn that the Tesla deal, as enacted by the Nevada Legislature, is even worse than announced. Aside from the widely touted 6500 jobs only being 6000 jobs for which the state is paying for, it turns out that Tesla doesn’t even have to create […]
Via Social Europe Journal, Dani Rodrik points to both a perennial question on economic self-interests and elections: Martin Gilens of Princeton University and Benjamin Page of Northwestern University, have recently produced some stark findings for the United States that have dramatic implications for the functioning of democracy – in the US and elsewhere. … When […]
Urban Legend— You write: That claim that one-third of Medicare spending is wasted sounds pretty questionable to me.” This is your opinion. If you had spent the last 20 years working as a medical researcher investigating unnecessary treatment, your opinion would be of great interest to all of us; but, I’m assuming you have not […]
Thomas Piketty’s Capital in the Twenty-First Century is the first book to make a data-driven examination of economic inequality. Based on hundreds of years worth of data, it attempts to determine the long-term trends in inequality and the social and political consequences that follow from them. In this final post, I want to highlight the most […]
On Tue, Sep 9, 2014 at 1:47 PM, Dan <cdansplace2@aol.com> emailed: Rortybomb, New Piece on Where the ACA Should Go Next Rorty touts the 2009 House Bill which calls for a Public Option and described here To improve ‘Obamacare,’ reconsider the original House bill Maggie Mahar replies: Originally I favored a public option, but in […]
Post updated below. —- Forty-six Senate Democrats have concluded that the First Amendment is an impediment to re-election that a little tinkering can cure. They are proposing a constitutional amendment that would give Congress and state legislatures the authority to regulate the degree to which citizens can devote their resources to advocating the election or […]
In the Open Thread, I pointed to the The Millennial Disruption Index and Millennials as a cohort which will be bigger then Baby-Boomers and are also the cohort which has suffered the most since 2001 when jobs started to disappear and wages crashed. The families at 35 years of age are struggling the most with […]
On September 4, Nevada Governor Brian Sandoval announced that electric car-maker Tesla had chosen Nevada for the location of its much sought-after Gigafactory. Contrary to its claim that it wanted $500 million, Tesla in fact wanted speed plus the highest bidder. As I analyzed last month, a $500 million subsidy would have been relatively low […]
King v. Burwell [Cert] and Halbig v. Burwell) arrived at the DC COA in hopes of defunding (Ted Cruz’s top priority dream) the PPACA. Initially, a 3 judge panel ruled 2-1 striking down the funding of the PPACA based upon an earlier IRS interpretation of PPACA Section 1311 stating “Exchanges established by States.” Section 36B […]