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

Federal emergency Aid and no borrowing of funds for relief efforts

If these words translate to actions in the Congress on emergency aid, I believe it is a significant departure from past policies. And Virginia, Cantor’s home state, is predicted to be impacted. We will know soon enough if political capital is spent on this idea. A spokesperson for House Majority Leader Eric Cantor (R-VA) said […]

A Few Graphs on Real GDP Growth Rates versus Taxes and the Size of Government

by Mike Kimel A Few Graphs on Real GDP Growth Rates versus Taxes and the Size of GovernmentCross posted at the Presimetrics blog. This post has a few simple graphs showing the relationship between the growth in real GDP and a few other variables: the top marginal tax rate, spending by the federal government as […]