[update: Links fixed 11/30.] by Stormy Why did the English equivalent of Occupy Wallstreet pick St Paul’s as the place to protest? Because St. Paul’s is hand in glove with the City of London Corporation, the place where democracy and light “goes to die,” the place where there is no accountability or transparency for the […]
Hale Stewart of BondDad blog discusses jobs…and jobs… 1. V shaped real retail sales and industrial production recoveries vs. jobs: …Comparing those with private jobs (red) and total payrolls (green), we can see that the percentage losses in sales and production were steeper, and have made up nearly or more than all of their ground […]
The House Appropriations Committee recently offered up a bill that would cut students’ Pell Grants – the cornerstone of the student aid system – by $44 billion over 10 years. The bill, if passed, would slash millions of students’ Pell Grants: completely eliminating grants for more than 550,000 students next year and for more than […]
by Mike Kimel Herman Cain and the Defense of Marriage This isn’t my usual beat, but I was fascinated to read this statement by Herman Cain’s attorney: Rather, this appears to be an accusation of private, alleged consensual conduct between adults – a subject matter which is not a proper subject of inquiry by the […]
Paul Caron at Taxprof blog points us to capital gains Is Capital Gains Tax Law Biased Against Low Income Investors? Min Dai (National University of Singapore, Department of Mathematics), Hong Liu (Washington University, Olin Business School) & Yifei Zhong (University of Oxford, Mathematical Institute), Is Capital Gains Tax Law Biased Against Low Income Investors?: The […]
Mark Thoma responds to the meme that the social safety net encourages bad behavior overall: The idea that the unemployment problem is due to lack of effort on behalf of the unemployed rather than a lack of demand is convenient for the moralists, but inconsistent with the facts. The problem is lack of demand, not […]
By Jazzbumpa at Retirement Blues comes this re-posting that runs parallel to Dan Becker’s post here. Federal Government Tax Receipts Where do you think they come from? I’ll just give it away: Personal Income Taxes, Corporate Income Taxes and FICA (the payroll tax: you know that hyper-regressive flat tax – nominally for Social Security and […]
NYT Robert Reich calls our attention to post election 2012 life and political realities: Looking Beyond Election Day By Robert Reich, Robert Reich’s Blog Most political analysis of America’s awful economy focuses on whether it will doom President Obama’s reelection or cause Congress to turn toward one party or the other. These are important questions, […]
I am late to the news on this one from yesterday, but want to make sure the provisions are noted and up for discussion. Link to Thomas for S.1867. Benjamin Wittes from Brookings has commentary worth reading. I have only included language used in the bill here. Senate NDAA Thought #1 by Benjamin Wittes The […]
Lifted from comments by reader and contributor Run 75441 on Peak life expectancy: We do wear out after a period of time. I suspect how quickly we wear out could be based upon life style, income, and diet. To answer your first statement, obesity in the is generation of children has led to an expected […]