Austan Goolsbee, Obama’s Econ Man
…high-income executives as well as on other prominent rich people show that even the moderately rich are not a valid control group. So what’s the up shot? Well, I’m still…
…high-income executives as well as on other prominent rich people show that even the moderately rich are not a valid control group. So what’s the up shot? Well, I’m still…
I would like to start by thanking Frank Rich for a very good article on what is really going on in Iraq. It seems one particular wingnut did not like…
…zilch for compassion. His entire first eight months was tax cuts for the rich, tax cuts for the rich, tax cuts for the rich. Then came 9/11, and we all…
…the poor (99%). If increased demand comes from the rich spending more, the resulting income will go to the rich as wages are not increasing. If increased demand comes from…
…pay for SS when,eventually, costs do increase. This interest would be paid for out of general taxes… something the rich do pay. In fact, we, the workers, can pay for…
Some years ago Paul Krugman gave perhaps the best argument against the inequality-causes-underconsumption theory of secular stagnation: the idea that rich people spend less of their income/wealth, so if wealth/income…
…for 4th quarter 2013. OK… business that caters to the rich are doing well, but there is a warning given in the article. Mr. Schwartz quotes an economist Steven Fazzari…
…we should listen to them now. But I like explanation 1) better. I think it is about taxes on the rich, because it is generally about taxes on the rich….
…blinders on. The rich have trained them well….they move according to proscribed lines of thought, tightly leashed to some very profitable ideas for the very rich. Just a thought. Stormy…
…used by the rich, tax borrowing by huge banks and then use the proceeds to make permanent and expand various tax breaks for the non rich. Of course, the proposal…