Even though most states have done little to improve access to healthcare, it is ok for states to regulate ACA and Medicaid as states are supposedly closer to their constituent’s needs. If the Federal government steps in and tries to regulate voting registration requiring ID, planned parenthood, ACA, etc. because certain state(s) give a damn […]
by Hale Stewart (originally published at Bonddad blog) Why Would Anybody Invest When Capacity Utilization is This Low? A central selling point of the tax bill is that it will encourage investment. But that assumes that high tax rates were the primary reason why business wasn’t investing. Instead, the data says business investment is weak because […]
Black Mirror Big Data Becomes Big Brother In China And maybe coming soon to the US as well, enough to make Orwell sit up and take notice. The first show of the 2016 season of the sci fi TV show, “Black Mirror,” called “Nosedive,” showed a future society where people have overall social scores (1-5) […]
The 2021 Omnibus Repealer and Clawback Act A saving grace of 2017 — up until now — is that Trump and the GOP have been the Keystone Kops of Kleptocracy, consistently faceplanting in attempts at regressive domestic legislation. With the passage of the GOP tax bill, that all changes. Not only is it a massive […]
From Employer Coverage to Single Payer Health Insurance This holiday season I’ve heard several tales of woe from working class acquaintances, mostly self-employed, about Obamacare: how they are just above the subsidy cutoff and would rather pay the fine than buy expensive individual policies, or how they are just below and can’t afford to put […]
Via the Economic Policy Intstitute: The Department of Labor (DOL) released a proposed rule that would allow restaurants to take the tips that servers earn and share them with untipped employees such as cooks and dishwashers.1 But, crucially, the rule doesn’t actually require that employers distribute “pooled” tips to workers. Under the administration’s proposed rule, as long as tipped […]
This chart caught my fancy after reading the interview with Rep. Tom Cole from the previous post. There is still the tendency to see the stock market (or GDP) as a proxy for the economy. And it is a time honored tradition for politicians to claim credit for economic gain in convoluted story telling: (I […]
An interview on CNBC with Rep.Tom Cole offers some insight into the path to voting yes on the tax bill… Alhough mainstream forecasters like the Joint Committee on Taxation and University of Pennsylvania have issued unflattering analyses of GOP proposals, Cole says his tax-committee colleagues tell him other models offer sunnier results in line with […]
The GOP Tax Bill Disses the Working Class Here’s something about the GOP House and the GOP Senate: they each passed tax bills (supposed to come out in a “conference” agreement sometime today) that diss the United States’ working class taxpayers. White or black, Christian or Jew or other, citizen by birth or naturalized citizen–workers […]
Trump administration has forbade the usage certain words; “vulnerable,” “entitlement,” “diversity,” “transgender,” “fetus,” “evidence-based” and “science-based” from being used in CDC reports. I wonder what is up next, the burning of books? The Trump administration AND Repubs keep establishing new boundaries for their reach into American lives. Trump’s Chief of Staff Jim Kelly told the […]