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Truth in Budget Numbers

…The end of that provision resulted in a substantial tax increase for 51 million Americans in the lower income distribution. See, e.g., Floyd Norris, Some Taxes Went Up (Feb. 4,…

NBER generally gets it right

…late, but they generally got it right. As Floyd Norris notes: The National Bureau of Economic Research said today that the current recession began a year ago, in December 2007….

Deja Vu All Over Again, or On the Whole…

…36). Kindle Edition. **Not to be confused with George W. Norris, the Nebraska Senator discussed in Profiles in Courage ***The Norris quote above begins: We believe that the correction must…