Category Archives: economics
Rebutting “Why Doesn’t Warren Buffett Voluntarily Pay More Taxes?”
In the August 14, 2o11 New York Times there is an op-ed by Warrenn Buffett entitled Stop Coddling the Super-Rich. It is an article well worth the few minutes of your time it will take to read. To summarize, Mr. … Continue reading
A Lost American Decade?
We used to talk about the Japanese and lost decade. We’ll look at them as a role model. They did better than we’re doing. this is going to go on. I have nobody I know who thinks the unemployment rate … Continue reading
Yearning for a Default
In this debt-ceiling debate it seems proper to assign blame to “both sides”. My views are certainly partisan but I really can’t fathom how one could say it is not the Republican Party – specifically the Tea Party wing of … Continue reading
Ending Deferred Interest on Student Loans is a Really Stupid Idea
It seems unfair to pick just one stupid idea out of the numerous incredibly stupid ideas emerging in the debt ceiling debate going on right now. Indeed, that we as a nation are even considering defaulting is one of the … Continue reading
A Balanced Budget Amendment is a Horrible Idea – As Are Most Amendments
In the current debate over the debt ceiling House Republicans have unveiled their proposal for a balanced budget amendment. Essentially this amendment would: Require a balanced budget Make it difficult to raise taxes Cap spending below recent averages All three … Continue reading
