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    Economics / Bush, tax cuts /

    Fun With Taxes

    September 8, 2010

    I have been reading some interesting comments about the potential impact of rolling back the infamous Bush tax cuts from 2001 and 2003. Remember these tax cuts are a primary reason we have a long term Federal deficit. One of the key features of those cuts was to reduce the tax imposed on each bracket. […]

    Economics / stimulus /

    You Can’t Win Them All!

    September 7, 2010

    A correspondent – Stephan – writes to tell me that my suggestion that we need at least $200 billion in the infrastructure deal being advocated by Obama is a complete nonsense. He puts me into the Obama camp in terms of timidity. He’s right of course. $200 billion is simply too little. Mea culpa. I […]

    Economics / consumption, Reagan, recession, recovery, stimulus, unemployment /

    Income Inequality and The Failed American Dream

    September 7, 2010

    The American dream is dead. That is, if it ever truly existed and wasn’t some creation of Hollywood or Walt Disney. My friend John sent me a long e-mail in which he wondered why it is that so many Americans have no clue as to where they stand in terms of wealth. Far too many, […]

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