…surcharge added to pay for the war. Yes, another reason to consider the generation that fought the 1st and 2nd world wars the greatest generation. There was a 7% surcharge…

…cuts (in which time the top marginal rate fell from 77% to 24%), we had the Great Depression. Next post in the series: The Great Depression and the New Deal…

…the US population. Recall that at its worst, the unemployment rate during the Great Recession only reached 10%. So when you read someone blithely writing that the federal government will…

…has learned the key to Reagan’s success–you can say the most absurd things that are ultimately extraordinarily dangerous for ordinary people, and get ordinary people to think you are great,…

…another Great Depression – an assertion not amenable to serious analysis or debate. A better way to evaluate their claims is to compare the US economy to other rich countries…

…Treasury bonds as a reserve asset. That they do so — “exorbitant privilege” — is greatly to our advantage. Neither of these forces can be controlled by cutting spending or…

…entire decade. It seems, that right now would be a great time to own a malpractice insurance firm. Too bad, that it isn’t so great for everyone else in healthcare….

…a new situation, where the great majority of people are in a closed system with very little wiggle room, and most wiggle choices leading to less, not greater freedom and…

…way because there are a lot of people who either out of ignorance or some odd desire to spread BS insist that under FDR, the Great Depression got worse or…

…oversight because of tort cases that challenge them to greater competency. Tort reform as preached by most Republicans amounts to a claim that any system that gives some measure of…