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

Still KISSING income inequality

by divorced one like Bush Let’s talk jazz: Still cashing the income inequalityberries, clams, dough, heavy sugar, jack, kale, mazuma, rubes, simoelan, voot. It’s all money. I started this series to develop a simple model of income inequality so that I wouldn’t sound like I was chewing gum and people wouldn’t get all balled up […]

More KISSing the income inequality

by Divorced one like Bush So, I’m listening to Saturday Night Fish Fry as I’m composing. It’s the blues, though the station is a jazz and folk station. Public broadcasting at it’s best! Maybe if the economy sinks enough, we’ll return to the big bands and swing. No more solo acts of Rockband. And, maybe […]

Let’s KISS the income inequality.

by Divorced one like Bush(Updated to correct my decimal point. I’m bad.) When I talk to others about why we’re in the mess we’re in from a position of income inequality using numbers like $1,025,000,000,000 per year from the 99% to the 1% does impress them, but as I posted a while ago it is […]

Correlation is not Causation

I spent most of the evening reading Underbelly posts, so this link is probably due to Buce: On Oct. 22, 1986, President Reagan signed into law the Tax Reform Act of 1986, one of the most far-reaching reforms of the United States tax system since the adoption of the income tax. The top tax rate […]

Income distribution and GDP, it matters

I should title this: Yeah, it is just like 1929 you freak’n see, hear and speak no inequality monkeys. I have this pile of income data sorted out from Saez’s work (the GDP is BEA). My thoughts regarding our economy is that income inequality (or equality) matters. It matters so much, that it is the […]