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

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Quotes and taxes

double digit deficit if had there never been a tax cut in 2001. 2004.GW’s SOTU, Jan 20, 2004: By doing so, we can cut the deficit in half over the…

Thoughts on labor day: things to do

by reader drew Legislatively (re)impose a fair and balanced labor market: First, double the minimum wage to $13/hr over three years (a dollar every six months?) – and – legally…

Editorial on oil by IBD and sammy

…play, we would more than double our reserves overnight. What’s more, there could be more oil up there — much more — according to Donald Gautier, who wrote the report….

The Beginning of the Middle of the End of Medicare

…through the double negatives, Bush wanted the 10% reduction, Congress overruled him. –Noni] There is another 40% reduction planned over the next several years. Since all other costs go up…

Wang and Silver on electoral projections

…essentially double-counting the amount of variance by accounting for both state-specific and national movement. That is, some of the error in state-by-state polls is because of national movement, rather than…

Tax Policy Center calls McCain campaign out for cheating.

…provided by campaign advisors strike us as implausible. Senator McCain has said repeatedly that he would repeal the individual AMT, allow businesses to expense all investments in equipment immediately, double

What is up with the leases?

…could produce an additional 4.8 million barrels of oil and 44.7 billion cubic feet of natural gas each day. _ That would nearly double total U.S. oil production, and increase…

Department of Education becomes major lender to students

…the department provided $14 billion in federally guaranteed loans directly to students. This summer, during the peak of the student-lending season, that share is expected to more than double and…