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    Economics / economic policy, plutocracy, tax policy /

    Inequality Update

    March 27, 2013

    In case you missed it: the US is a wildly unequal society, and it’s getting worse by the hour. No surprise at all, but nonetheless some of the data can be quite eye-opening. Allow me to point you to David Cay Johnston and some of his analysis. Incomes have grown between 2009 and 2011. Great. […]

    Economics / austerity, government spending, tax policy /

    Where Our Spending [Really] Goes

    March 22, 2013

    We are into the silly season of budget debates in Washington. Dueling budgets are flying back and forth. Different ideologies are ensuring that the gulf between the right wing preferred budget and all the rest is enormous. As in unbridgeable. The reason is that our contemporary Republican party wants to dismantle ‘big’ government and reduce […]

    Economics / Conference Board, existing home sales, growth, home prices, leading indicators, unemployment /

    As You Were – Again

    March 21, 2013

    Today was one of those days. A flurry of new data about the economy all of which left us exactly where we were. I suppose that’s good. But it could, and should, be better. New claims for unemployment assistance were pretty much unchanged last week. They had been 334,000 the previous week, they edged up […]

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