President Barack Obama has a theory of the case, yes he does. For the past 30 years, the living standards of middle-class Americans have gone nowhere even as the overall U.S. economy has grown markedly. The Obama explanation: Wealthier Americans … read more
While President Obama has been spending his time arguing for higher taxes on wealthier Americans — which would create no jobs, no economic growth, and little debt reduction but achieve a higher level of tax code”fairness” — this has been … read more
The Angry Bear blog has post up titled “AEI Economists and the Ugly Memory Hole.” I have read it several times but I am not exactly sure of its Big Point other than to say nasty things about economists who … read more
OK, so here is President Obama’s Buffett Rule, via the White House; What is the Buffett Rule? The Buffett Rule is simple principle that everyone should pay their fair share in taxes. No household making more than a $1 million … read more
We already know Obama wants to let the Bush tax cuts for small business and wealthier Americans expire. Indeed, there is some evidence that he wants the Bush tax cuts for middle-incomers to expire, as well. And as I have … read more
Also of Interest
The IRS and big government
The expanding Internal Revenue Service scandal could hardly be any more Drudgeriffic.
Ferguson's blooper on Keynes
It was an unusually feisty weekend in corners of the blogosphere and Twitterverse where dwell economists and economic-policy wonks.
The upside of economic pessimism
The disappointing first-quarter GDP report dashed hopes that 2013 might prove a breakout year for the U.S. economy.