Getting real about Apple’s $100 billion stock buyback. Updated* So I was hearing some where that Apple has a lot of money just burning a hole in it’s pocket. Seems there’s an arson named Carl Icahn trying to really ignite it by using twitter. Apple has implemented a plan to spend $100 billion of it’s […]
The Good, The Bad and The Ugly on ukuleles.
Let’s compare 2012 to 2013. From 4th quarter 2011 to 4thQ-2012, real GDP rose $294 billion. During that time, capital income fell $225 billion, while labor income grew $519 billion. From 4thQ-2012 to 4thQ-2013, real GDP rose $432 billion. During that time, capital income grew $444 billion while labor income fell $12 billion. Granted there […]
Polar Vortex blues
The stock market is rising again on some positive earnings being reported. One reason for the nice earnings could be found in another number… the labor share index. The number for the labor share index, 4th quarter 2013, came out today. It dropped to 95.5… its lowest level since the 1940’s. So if we see […]
Meanwhile, health insurers warned that Rubio’s legislation [to kill the insurance risk-corridors provision in the ACA] would lead to the government-run health-care system that most alarms conservatives. And there was the awkward fact that the risk corridors were the same mechanism Republicans used in the 2006 prescription-drug legislation. — From Obamacare to the IRS scandal, […]
It’s worth appreciating the perverse nature of the [Republicans’] lie on display [in a new web ad against North Carolina Sen. Kay Hagan here. Because Republicans are absolutely wedded to their “Obamacare is a job killer” talking point, the CBO report’s findings are being distorted into proof that the law will inflict job losses on […]
by Robert Waldmann Dana Milbank and the “Fact Free Zone” I expected to enjoy Dana Milbank’s article entitled “From Obamacare to the IRS scandal, Republicans are ignoring the facts” But Milbank decided that he should Ballance his observation that Republicans are indifferent to facts with the following paragraph. Rubio’s fact-free approach to Obamacare is puzzling […]
picture hat tip TPM DC After shown to be wrong by Factcheck.org in its analysis, the Fox News group and Republicans are at it again with a worn out commentary on how Obamacare kills jobs. This time they are using the CBO’s new analysis on the impact of Obamacare. Sometimes, I wish the CBO’s Douglas […]