Authored by Mike Kimel In this post, I will explain the annualized growth rate in real GDP per capita using tax rates and the percentage of the population that is foreign born using data for the United States. The data shows the following: A. the tax rate that maximizes economic growth is higher than you […]
CLEVELAND — Hillary Clinton entered the final phase of her campaign on Friday, working to ensure a victory that is decisive enough to earn a mandate for her presidency and a surge of voters to help Democrats win congressional races. Emerging from a nine-day absence from the trail, Mrs. Clinton seized on the momentum of […]
by New Deal democrat Watching aggregate sales and payrolls Way back in the depths of the Great Recession in 2009, I used to hear a lot of comments like, “How can people buy anything, when they don’t have jobs?!?” But the truth is, as I pointed out at the time, that sales lead jobs. This […]
“The one thing you have over me is experience,” Mr. Trump said at one point. And yet it seemed clear through this last confrontation that there was a gap in knowledge, or at least in command of the material that candidates seeking to be president are expected to master. “Take a look at the Start-Up […]
I don’t think we should have justices appointed that decide what they want to hear. — Donald Trump, last night Wow. Out of the mouths of babes. Or something. I don’t think we should have justices appointed that decide what they want to hear, either. OMG. I’ve been supporting the wrong candidate! Repeal the Supreme […]
There has been a great deal of concern about the U.S. Refugee Resettlement Program. Are we letting terrorists into the United States? How much do we know about the Syrians being admitted? Is our vetting process strict enough? For more than two decades, I’ve devoted my professional life to refugee resettlement, working and collaborating with […]
After the first debate, there was some criticism of Clinton that she came off as “too prepared”—a semantic contrast to Trump’s lack of preparation—and then criticism of the criticism: How can someone be too prepared for something? The answer to that question is that what was really meant by “too prepared” was “too programmed.” That […]
by New Deal democrat The darkening skies In my Weekly Indicators column on Saturday, I noted that the data had gotten a little darker. Since I have been increasingly concerned about the direction of the economy over the next year or two, I thought I would spell out where my worry is coming from.. Let […]