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

Canada too! Part two

by Mike Kimel Canada too! Part twoCross posted at the Presimetrics blog. In response to my post commenting on Frances Woolley’s post, Frances Woolley left the following comment: On WCI, one of the commentators suggested that the Liberal/Conservative growth differential is partly due to differences in military spending. In Canada where we don’t have a […]

Let the tax cuts go and you actually stick it to the top for real.

By: Daniel Becker (DOLB) On Countdown (12/9/10), Keith had on Thomas Buffenbarger, president of the International Machinist Union. It was a chance for an “I told you so moment”in that Mr. Buffenbarger noted while campaigning for Secretary Clinton that President Obama would not be a fighter. Go watch the episode. I made my position on […]

Fiscal policy delusions

My hat tip to Diane at Economistmom and her essay on the scrambling in Congress around the Bush tax cuts: … In other words, let’s try to avoid doing something with the Bush tax cuts that seems totally crazy given what we say our fiscal policy goals are for both adequately supporting the (still fragile) […]

A Proposed Bet for Professors Bryan Caplan and David R. Henderson

by Mike Kimel A Proposed Bet for Professors Bryan Caplan and David R. Henderson (and Anyone Else Who Believes Lower Taxes Generate Faster Economic Growth)Cross posted at the Presimetrics blog. Professors Caplan and Henderson, Both of you have had recent posts that indicate you have some enthusiasm for betting on economic outcomes. (Your co-blogger at […]

Tax cuts and deficit commissions

by Linda Beale Tax cuts and deficit commissionscrossposted with Ataxingmatter The game continues, as Republicans hold out for tax cuts for the wealthy (who are garnering increasing amounts of the total income) and various “deficit commissions” put out austerity plans that all call for cutting Social Security benefits and Medicare benefits. Alice Rivlin, who spoke […]

Tax cuts paid for? With job creation? Can’t get there from here.

by: Daniel Becker This is a simple little exercise that frankly I wonder why no one with a pulpit (that would be you congress critters, executive office and MSM) has done it. It is for those who think simplistically. Thinking like:  wealthy people create jobs with their extra money and not the non-wealthy people’s demand for […]

Beale/ NYT room for debate…Extending the tax cuts for the wealthy

by Linda Bealecrossposted with Ataxingmatter Extending the tax cuts for the wealthy–the discussion continues The New York Times asked me for my views of Robert Samuelson’s recent argument in the Washington Post that extending the tax cuts for the wealthy made sense because they would otherwise cut back their spending, tax cuts for them will […]