While I’m on the subject of potentially declining living standards: the news that General Motors is going to cut its benefits so it can save $1 billion a year should worry a lot more people than GM workers or retirees. This is a clear manifestation of the broken health care system in the US and […]

Well now we know more about those proposed tax law changes. For those of you who are already depressed about losing some, if not all your mortgage interest rate deduction, how about this one: no more deducting State or Local taxes! Now I wonder which parts of the country this would hurt the most? Ah! […]