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

Americans want to Soak the Rich MMCCLXXVII

Robert Waldmann Jeff Sachs proposed higher taxes on the rich.Felix Salmon wrote I don’t think this is possible, politically, in either the US or the UK. In the US, the middle classes are implacably opposed to tax hikes on people making more money than they themselves will ever make. Kevin Drum agrees with Salmon about […]

Class War; Appropriateness of the Wealthy’s strategy

A research review by: Divorced one like Bush Introduction: This review was initiated after reading the report linked at the 25 indicators post. A review of the data regarding accepted economic performance indicators for business cycle peaks of year 2000 and 2008 is presented along with a discussion of the relevance to the strategy of […]