If Congress is so concerned about fiscal responsibility and the federal deficit, then they should return federal taxation and spending to pre-1980 levels. Check out this chart from a Marketplace report on the history of the debt ceiling. Notice the[…]↓ Read the rest of this entry…
When my GF saw this, she said, “Wow, your brain weasels are worse than mine.” This year has been really rough financially for me. Despite a middle class income, I find it more and more difficult to get by in[…]↓ Read the rest of this entry…
Not a day goes by in Portland when I don’t hear someone (probably me) complaining about the rising cost of housing in Portland. The city is growing, and new home construction cannot keep apace with the influx of new residents,[…]↓ Read the rest of this entry…
Not a day goes by in Portland when I don’t hear someone (probably me) complaining about the rising cost of housing in Portland. The city is growing, and new home construction cannot keep apace with the influx of new residents,[…]↓ Read the rest of this entry…
So the president went to the U.S. Chamber of Commerce and asked the nation’s CEOs to give a shit about someone other than themselves. He promised them he will work on that pesky tax code (the one with the loopholes[…]↓ Read the rest of this entry…
RSA Animate has created an excellent piece of animation based on David Harvey’s lecture on the causes of the current global economic meltdown, “Crises of Capitalism.” As a lecture, Harvey’s critique of the various standard explanation for the current crisis[…]↓ Read the rest of this entry…
The Taliban claims to have captured two U.S. soldiers in Afghanistan, while U.S. missiles kill 16 “militants” in Northwest Pakistan. Meanwhile my kids’ school district is cutting over a hundred jobs and consolidating schools. Unemployment remains at about 10 percent[…]↓ Read the rest of this entry…
This Bloomberg poll report is making the liberal rounds, but it is irresistible: At the same time, 70 percent of those who sympathize with the Tea Party, which organized protests this week against President Barack Obama’s health-care overhaul, want a[…]↓ Read the rest of this entry…
Of the various ONOZ!1 raised by lay (non-)economists, Charles Krauthammer booga-boogaz the VAT threat. Let me shorter: The high cost of Obamacare (sic) will force the U.S. government to levy a Value-Added Tax regime, turning us into German Diaper Babies[…]↓ Read the rest of this entry…
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