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

Tax Burdens and Economic Growth – Answering the Objections

by Mike Kimel Tax Burdens and Economic Growth – Answering the Objections This piece is cross-posted with the Presimetrics Blog. Consistent with findings in Presimetrics, the book I wrote with Michael Kanell which will be released in August, I’ve had some posts whose results contradict standard economic theory. In some cases, readers have insisted that […]

Two Reductionist Arguments: On Conservatism. On Classical Economics.

by Bruce Webb On Conservatism.Modern Conservatism = Protection of Property Rights. The historical process in Northern Europe and Britain from the mid 17th through the 19th century was marked by a sometimes gradual, sometimes violent collapse in belief in the Divine Right of Kings, and for that matter Popes. Conservatism replaced its traditional appeal to […]

Nation at war

We actually appeared to have forgotten we are a nation “at war” if news reporting is any indication from a personal search, except for the DC centered coverage of Gen. McChrystal. Notice it was a music magazine that got the scoop, more power to them, not mainstream media. Here are some thoughts from Tomdispatch to […]

Social Security: Deficit, Debt and how CBO Scoring Screws the Catfood Comm

by Bruce Webb In response to my Pelosi Rule post of yesterday commenter Darms plays Devil’s Advocate in asking the following shrewd question. Bruce, Since the commision may be looking for a mechanism to delay redemption of those SS trust fund bonds and I’ve read that some of these bonds are routinely redeemed & renewed […]

‘Do it yourself’ fireworks

This July 4th appears to be quite mixed for Americans, depending on both where you are and whether you are on a paid vacation day. Follow the link to some ‘do it yourself’ fireworks. And have a good day no matter what.

CBO data on taxes and income

CoRev asks if anyone wants to discuss the justifications of the beneficiaries of the different parties policies. So I though this gives me an opportunity to present some recently publishedCBO data on income and tax that could give people something to tie the discussion to. Republican policy has been to favor the more affluent in […]

Why the Pelosi Rule MAY not be a sell-out on Social Security

by Bruce Webb There is a huge disturbance in the Force, at least as sensed by the Jedi of FireDogLake, Democratic Underground, AMERICAblog, and OpenLeft, which is to say among the Obama-skeptics of the Left. The substance is this, in a last minute move prior to adjournment Nancy Pelosi pushed through the rule for handling […]

Recent quotes to catch your attention

“If he’s (Pres. Obama) such a student of history, has he not understood that, you know, that’s the one thing you don’t do is engage in a land war in Afghanistan? All right? Because everyone who’s tried, over a thousand years of history, has failed. And there are reasons for that. There are other ways […]