Relevant and even prescient commentary on news, politics and the economy.

Recycle reuse reduce?

by David Zetland from Aguanomics: Recycle reuse reduce? When it comes to consumer goods, reduce-reuse-recycle makes lots of sense. Don’t buy that bike if you’re not going to use it. If you are going to use it, then reuse a used one. Once you’re done using it, recycle it instead of dumping it into a […]

The Elderly May Not Be As Taxing As Generally Thought

by Linda Beale The Elderly May Not Be As Taxing As Generally Thought One of the common assumptions about health care costs (and the costs of benefit programs like Medicare) has been that the increasing life spans of Americans will result in significantly greater health care expenses.  It is common knowledge that much of the […]

Local versus regional control…(what is the watershed area?)

by David Zetland  Local versus regional control In response to this: “The public sector is often better at handling inter-agency cooperation and the private sector is often better at delivering cost-effective, measured results. In either case, the local government plays the most important role as it needs to oversee and regulate all players. Poor regulation […]

Can Spain Achieve What Ireland And Latvia Did?

From Social Europe Journal comes more analysis of using Ireland as the standard success story for austerity (re-posted with permisson from the author and SEJ): Can Spain Achieve What Ireland And Latvia Did? BY RONALD JANSSEN Advice from a ‘very serious European’. Picking up on the IMF’s report on the Spanish economy and its call […]

Ireland, Krugman, Kenneth Thomas

Paul Krugman points to Angry Bear Kenneth Thomas in this piece in the New York Times on the use of Ireland as somehow a success story of what are failed policies regarding employment: Ireland Is The Success Story Of The Future, And Always Will Be Via Mark Thoma, Kenneth Thomas analyzes the latest attempt to […]

The Tea Party’s Disruptive Anti-Government (and anti-tax) Politics

by Linda Beale The Tea Party’s Disruptive Anti-Government (and anti-tax) Politics The New York Times ran an interesting piece by Kim Messick on the Tea Party’s psyche yesterday: Messick, The Tea Party’s Paranoid Aesthetic, New York Times (Aug. 10, 2013).  It’s worth trying to understand this political group’s understanding of itself, since it ” is […]

If 401ks don’t serve many customers, we need higher Social Security benefits

Brad DeLong adds his voice to the people addressing the retirement woes of many: Edward Filene’s idea from the 1920s of having companies run employer-sponsored defined-benefit plans has, by and large, come a-crashing down. Companies turn out not to be long-lived enough to run pensions with a high enough probability. And when they are there […]

The Right’s Goal–end the one tax expenditure that truly aids poor working families

by Linda Beale The Right’s Goal–end the one tax expenditure that truly aids poor working families The Tax Foundation, that propaganda tank that masquerades as a “nonpartisan” “think” tank, is at it again.  Now it’s pushing the right-wing agenda of ending any tax expenditures that redistribute resources down to those in the lower-income distributions. It’s […]

Beyond the horse race to lead the FED

Sarah Binder is a professor of political science at George Washington University and a senior fellow at the Brookings Institution, offers some thoughts on the FED and its changing role ( re-posted with authors permission, for the complete post go to original): Beyond the horse race to lead the FED …As the horse race for […]