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

HEALTH CARE Thoughts: IRS resources

HEALTH CARE thoughts: The Taxpayer Advocate and others are unhappy National Taxpayer Advocate Nina Olson is reported to be unhappy about the major IRS role in the new health care regime. Olsen believes the IRS is already overworked (she used “overtaxed” in her annual report issued this month, a great pun) and needs more money […]

Forget Jumping the Shark? The WaPo is Doing the Tango with It

UPDATE: Jason Linkins at one of the non-Breast-Enhanced sites of the Huffington Post did a burlesque of which I can only dream on the same piece. Via Chris Hayes’s Twitter feed (and he got it from David Sirota), the following is from “No more ‘me first’ mentality on entitlements“: While it does not happen often, […]

A Look at the Current Recession, A Signpost for the Start of Recessions & Some Thoughts on the Likelihood of a Double Dip

by Mike Kimel Cross posted at the Presimetrics Blog. A Look at the Current Recession, A Signpost for the Start of Recessions & Some Thoughts on the Likelihood of a Double Dip These days there’s a lot of talk about whether the recession is going to double dip. And frankly, there’s a lotta yadda yadda, […]

Should Potential Employers have Access to Credit Scores ?

Robert Waldmann Oh good, Kevin Drum and Matthew Yglesias disagree. This is bound to be interesting. Drum remembers the good old days when liberals had less respect for the standard results of simple neoclassical economic models. The specific issue is that firms are using credit scores to decide who to hire. This can trap some […]

What are Conservatives Conserving?

by Bruce Webb Over at Open Left they are revisiting the concept of Conservatism and whether it is a coherent philosophy. And after concluding that Conservatives by and large have failed to come up with their own definition proceeded to advance some of their own, that it is about enabling aristocracy, or institutionalizing suffering, or […]

Campaigning on Tax Increases ?!?

Robert Waldmann For decades, I have been advising Democrats to focus attention on the progressivity of the tax system. This is an issue where the vast majority of US adults totally disagree with the Republicans and which people care about. My policy proposal and political strategy is to increase progressivity increasing taxes on the rich […]