"Indeed, after visiting schools and coal mines filled with starving and illiterate children, Dickens had initially planned to write a polemical pamphlet, but changed his mind after deciding that a popular Christmas tale could be a 'sledge hammer' that would 'come down with twenty times the force' twenty thousand times the forceĀ of an essay. [...]
Tag: economics
Failed Casino Capitalist
"But even as his companies did poorly, Mr. Trump did well. He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen." How Donald [...]
Bow down to the IRS (heh)
"Mr. Alford, a young special agent with the Internal Revenue Service assigned to work with the D.E.A., isn't the first person to feel unappreciated at the office. In his case, though, the information he had was crucial to solving one of the most vexing criminal cases of the last few years. While Silk Road by [...]
Dr. Krugman and I
"Incidentally, these other factors are why I don't take seriously the claims of market monetarists that the failure of growth to collapse in 2013 somehow showed that fiscal policy doesn't matter. US austerity, although a really bad thing, wasn't nearly as intense as what happened in southern Europe; it was small enough that it could [...]
2013 Government shut down these guys voted for and voted to continue cost the country $24 Billion
Shutdown took $24 billion bite out of economy How much did the shutdown cost the economy? Government shutdown has cost US economy $1.5bn a day, S&P says Not to mention we look kind of nuts when these things happen. Here are the men from California who voted not just to shut down the government, but [...]
House and Senate Nay votes on the budget and temporarily raising the debt ceiling tonight
Are these people insane? Senate Nay Votes Name Party State Vote Lee, Mike Republican Utah Nay Johnson, Ron Republican Wisconsin Nay Cornyn, John Republican Texas Nay Crapo, Mike Republican Idaho Nay Cruz, Ted Republican Texas Nay Enzi, Michael Republican Wyoming Nay Grassley, Chuck Republican Iowa Nay Heller, Dean Republican Nevada Nay Toomey, Pat Republican Pennsylvania [...]
Get Your Gay Marriage On
Congratulations to my beloved country for going sane on gay marriage. And congratulations to every gay couple in California who can now get their marriage on! Wedding planners, start your engines.
Women of certain ages rejoice
"Either way, I find this trend, and Crippen's tale, cheering. Of course, few of these mid-age entrepreneurs will ever enjoy J Brand,s success. And even Crippen,s story has not been smooth. Three years ago she left J Brand after splitting from Rudes. But these days she is using her experience to back the Trickle-Up foundation, [...]
A Democrat by any other name…
"First, Ponnuru wants the GOP to recognize the reality of growing inequality that has eliminated the connection between economic growth and middle-class incomes, to shift its focus away from tax cuts for the rich, and to drop the fixation with inflation and hard money in favor of a pragmatic approach. Well, there's a name for [...]
California, oh, California!
What were we freaking out about last year? "After years of red ink, Gov. Jerry Brown said on Thursday that California's $96.7-billion general fund is now poised to end next year with a surplus, thanks to years of deep budget cuts and billions in new taxes approved by voters last year." Jerry Brown predicts California [...]