Matt Yglesias has an interesting piece about educational levels around the Great Depression compared to today that reflects on Paul Krugman’s pessimism about the economy and Ryan Avent’s optimism. The question is where will our economic recovery come from (and how soon)?
I’m no economist, but my sense is we are not likely to recover [...]
While I haven’t written much about it due to time, there’s been a tremendous amount of nonsense (polite term) going on with the College of DuPage (COD) Board of Trustees over the last few years. Trustees resigning because of board ineffectiveness and poor leadership with the incumbent trustee board chair investigated and sued because [...]
Scary. I was listening to NPR this AM and thought of Dean Baker when this went on. It appears he was thinking the same thing.
Senator Charles Schumer says we should stiff governors who want to take only selective stimulus money for political gain. I agree – this isn’t a game, it’s a world depression. Take the money and do some good – or don’t take it and face your voter’s wrath.
Dear Mr. President,
Recently you discussed wasteful military spending with Senator John McCain, who pointed out that a new naval helicopter assigned to you might reflect wasteful spending. Examples like this, however, aren’t the only examples – even in the Navy.
I am equally concerned about a past practice of having marginally, or perhaps even unqualified [...]
This morning on WGN John Williams interviewed Congresswoman Judy Biggert of Hinsdale. John asked Congresswoman Biggert about Congressman Michael Capuano yelling at banker CEOs yesterday at a congressional hearing, quoting him saying, “So basically all or most of you engaged in all or at least some of the activities that actually created this crisis, [...]
We’d rather continue to substantially cut taxes, especially those at the upper end, while sacrificing our society’s future economic competitiveness and health through reduced infrastructure spending, reduced education spending, and reduced health care spending among others. On that latter topic, Ezra poses the challenge:
“A decent society doesn’t spen[d] $70 billion on an upper-class tax [...]
Almost absent from the dominant discussion of the federal stimulus package (and bailouts) is any attempt at progressive change that goes beyond the surface of ‘what we buy.’ I spoke yesterday about tying taxpayer expenditures to a living wage – but I’ve been thinking about this type of thing for a while agreeing with [...]
Today President Barack Obama capped executive pay for companies receiving U.S. taxpayer bailout money. In his speech, President Obama said,
“We’ve all got to pull together and take our share of responsibility. That’s true here in Washington. That’s true on Wall Street. The American people are carrying a huge burden as a result of this [...]
Today, responding to news about a stimulus amendment giving tax breaks to car buyers that increase with the price of the car commenter “Car Free Nation” at Streetsblog said,
“So 11 billion to pay for cars for the rich (it’s a tax break, the more you earn, and the more expensive the car, the more we, [...]
