Dan here…Sometimes I don’t know the questions to ask.  Here is a note on water…. by David Zetland  (from Aguanomics) Does fixing a mistake make it worse? EC writes from Florida: One of the big questions staring me in the face is… as we reach the limits of sustainable use without “significant harm” to the […]

Via Naked Capitalism: Elizabeth Warren tore into FHFA director Mel Watt over his failure to develop a program for Fannie and Freddie to provide principal modifications to underwater borrowers at risk of foreclosure. She also got in a dig for his failure to stop the agencies from pursuing deficiency judgments. That means going after former […]

Tim Worstall at Forbes takes issue with my last post, claiming that we actually don’t know that U.S. state and local governments give more in location incentives than EU Member States do. He then says that while it is true that EU states give less in cash grants and other kinds of subsidies defined as […]

As if any more proof were needed, I recently came across yet more evidence that U.S. state and local governments give far more in location incentives than EU Member States do. A paper given this spring at the annual meeting of the Association des Économistes Québécois (Association of Quebecois Economists) includes a summary of project-by-project […]

So who won the 2014 midterm elections? The easy answer is the Republican Party. On election night, the party managed to seize control of the Senate by picking up at least seven seats previously held by Democrats, a goal that has eluded Republicans since 2006. The GOP also captured at least 14 House races, expanding […]

If they had proper regard for science, politicians in both parties would fight harder against the devastating cuts to federal research that have happened under sequestration, endangering medical progress and jeopardizing our global leadership. And lawmakers trying to prove their fiscal prudence wouldn’t irresponsibly smear all scientific inquiry by cherry-picking and theatrically denouncing the most […]

As I reported last month, the Government Accounting Standards Board (GASB) has proposed new rules that would require state and local governments to disclose subsidies in their financial reports. The proposal is now open for public comment from now until January 15, 2015. Good Jobs First, which has long advocated for this change in accounting […]

Yesterday, I wrote here in response to a statement by Greg Sargent that “McConnell’s only way to re-litigate Obama’s policies will remain budgetary guerrilla warfare that will only work if Obama allows it to work, which he won’t, which he won’t.”: McConnell’s only way to re-litigate Obama’s policies will remain budgetary guerrilla warfare that will only work […]

Presuming Republicans win the Upper Chamber, Senate Majority Leader Mitch McConnell will claim a new era of constructive governance has arrived, while simultaneously claiming a mandate to chip away at President Obama’s already achieved policy gains. (Those who profess a love for bipartisan cooperation will politely ignore this absurdity.) But McConnell’s only way to re-litigate […]

“He thinks that another six years on top of the 30 he’s already had constitutes change, well we don’t buy that,” Grimes said. “He thinks that we can’t live without his seniority, well has he seen that we’re at the bottom of every national indicator that’s out there? Henderson, are ya’ll better off after having […]