Working Life

 It’s those zombie voices again. The ones who rise up from the dead, or from a hidden policy corner, to start the drumbeat of fear about “debt” and “deficits”, all in order to block progress for the people. There is no debt or deficit crisis. We have plenty of money in the richest nation […]

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Private equity vultures love a great economic crisis. Circling above their wounded corporate prey, they wait until a company is too weak to survive, and, then, swoop in to pick up the pieces at a bargain price—which usually involves cutting thousands of jobs, too. And, now, a new rule will allow private equity firms to […]

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People complain a lot about Congress not working hard enough. For my money, and the money and pocketbooks of millions of people, I’d be happy to give the entire lot of them say a year off. Then, maybe, we could enroll them in an advanced political “recovery” program and wean them off this idiotic obsession with the non-existent debt and deficit crisis.

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    Really. When I read The New York Times editorials about the economy, or the truly shallow reporting from most of the paper’s reporters, often I think: the people at The New York Times actually are dolts. They don’t understand economics–at all. But, more often, it’s worth considering–they actually believe what they write, even if […]

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    I could blame Joe Lieberman for deciding to take a week off starting Monday but it would be unfair. I’m doing that for other reasons–my computer will be, intentionally, in a different place for that week.    But, reading this crap reminds me why it will be good riddance when Lieberman rides off into […]

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   If this is true, Obama is done: The parties are looking for ways to include smaller tax increases than Democrats had previously sought but more than Republicans want. In addition, Democrats last week proposed keeping upper-income tax rates at 35%, the level set in the Bush-era tax cuts.    And it’s absurd at the […]

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   Billions of dollars can buy you a lot–for example, a little toy called New York City that you pocket for yourself and, then, keep for yourself even when the rules say it’s time to go (hey, if you’ve got billions, you can buy off politicians to let you keep the toy for a little […]

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    The people are there. Not surprisingly. If the politicians could get their hands out of the pockets of their contributors, we’d have some progress. All the way from the Financial Times: A poll released on Monday by Quinnipiac University found 61 per cent of registered New York City voters supported extending the state’s surcharge, […]

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  Let’s see. You’re an editorial board member of the vaunted New York Times. You get paid a lot. Is there at least an expectation that you get your facts right? I know–rhetorical question. It happens every day but sometimes there are just whoppers that need correcting–because they do make a difference. In today’s editorial […]

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    I am continuously amazed by the reverence accorded company bosses. Put aside the incompetent ones, who get huge severance packages when they leave, or those who have looted their companies of tens of millions of dollars in pay and benefits, even when the companies lose money or collapse. I’m talking about even the ones […]

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