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Income Inequality Again

Little did I know the tumult on the web about this subject when I mentioned it last week. Now I find another example of why it has become so difficult to frame the discussion and get sensible policy making. The rich think they’re poor. Or, rather, the not-quite-the top-tier think they are poor and thus […]

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Republican Tax Increase, and The National Debt

Yes that’s what we’re all discussing. The current political furor over whether to maintain the Bush tax cuts, and for whom, is entirely missing the point. The original law written way back in more pleasant days, included a “sunset” provision. That is to say those who voted for the decrease back then were simultaneously voting […]

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Karl Rove … Moderate?

I rarely regress into politics here. Or at least I try to stay within the confines of economics when I express myself. But this is just extraordinary. For those of you who have missed the story: Karl Rove, the very architect of the Bush coalition with the religious right and sundry other extremists, was thrown […]

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