President Trump Must Release His Tax Returns I know, boring boring boring old news. But now that he has had his hind end kicked by the recent off-off election results, it is time to get real. He has managed to cover up massive amounts of crimes and violations of ethical norms because he has violated […]
I found this segment of interest from Fox News…while I differ on the generic federal deficit thinking, I notice while Obamacare repeal was ‘do or die’, Smith noticed the eight years of Republicans calling doom from the federal deficit gets hardly a peep. Student loan deductions and credits disappear, among a list. as well…his affect […]
(Dan here…lifted from AB 2012) Small businesses, tax cuts, and reporting Dan Crawford | November 29, 2012 I sometimes get the ‘eyes rolling’ reaction from people in my social sphere when I insist that at least linking to original documents is important, and that someone needs to follow up on what an author says someone else says […]
by Joseph Joyce Economic Consequences of Populism Who is the true populist: Bernie Sanders, who promises single-payer health care and college without tuition, or Donald Trump, who campaigned on a promise to “drain the swamp”? Jeremy Corbyn of the UK’s Labour Party, who wants to nationalize public-sector firms, or Marine Le Pen of France’s National […]
(Dan here…Biagio Bossone will be joining contributors to Angry Bear. Here is his first post for AB concerning the impact of exchange rates) by Biagio Bossone (Biagio BOSSONE is an Italian national, currently advises the World Bank Group/IMF on financial sector development issues and technical assistance programs in several countries in Africa, Asia and […]
(/Dan here…lifted from Robert’s Stochastic Thoughts) The Long Run and International Economics I am still thinking about Krugman and the Gravelle GeardownDo click the link if you are interested in understanding what I am typing about. Very briefly the question is: what effect would cutting the tax on profits have on the _US capital stock ? […]
The Virginia Governor’s Race I rarely talk directly about specific political races, but I live in Virginia where in less than a week there will be the most closely watched election in the nation for governor. It is very close, and the Republican, Ed Gillespie, might well win, even though his Dem opponent, Ralph Northam, […]
Paul Krugman finds intuition for the calculations of Jennifer Gravelle difficult. Now even more than usually, you really have to click this link to know what I am typing about. My comment. yes that intuition is difficult. I have an attempt. So 1% of GDP is tradable. Also consumption and total production fixed. Mars cuts […]
A NAWRU proposal Marco Fioramanti and I have strongly criticized the European Commission DG EcFin Output Gap working Group estimates of output gaps. I have also written a lot here at angrybearblog This topic is very important, because the output gaps are used to calculate cyclically corrected budget balances which are regulated by the Stability […]
Gimme shelter: the real cost of renting vs. homeownership What is the real cost of shelter? Over the last decade there has been lots of discussion of housing prices in isolation. Sometimes that discussion includes an inflation adjustment — which is problematic, since housing constitutes nearly 40% of the entire consumer price index, so in […]