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

Unforced Error, or How Well Has That Worked Out for You, BarryO?

PGL, in the process of an optimistic piece, points us to Martin Feldstein ringing in 2011. Apparently, the reason is this: The most substantial potential boost to spending comes from a temporary reduction of the payroll tax, lowering the rate paid by employees on income up to about $100,000 from 6.2 per cent to 4.2 […]