Posted on 12 May 2011. Tags: Catholics, Debt Limit, Economic Growth, Financial Crisis, investment, John Boehner, Justice, Medicaid, medicare, Taxes, The Poor, Wall Street
Earlier today, I wrote about John Boehner’s very loose connection to the actual facts of our economic crisis. Well, in the meantime, Boehner is in trouble with the facts and a whole bunch of Catholic professors. To wit: More than 75 professors at Catholic University and other prominent Catholic colleges have written a […]
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Posted in General Interest
Posted on 11 May 2011. Tags: Debt, Debt Limit, Deficits, Economic Growth, Fannie Mae, Financial Crisis, Freddie Mac, Hysteria, investment, John Boehner, Nonsense, Taxes, Wall Street
Rhetoric is a good thing–except when you have the facts wrong. And, boy, the relentless, daily idiocy spewed out of the mouths of our elected officials about the economic crisis is astonishing. Consider, this morning, Speaker of the House John Boehner. Two days ago, Boehner gave a speech to the Economic Club of New […]
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Posted in General Interest
Posted on 29 January 2011. Tags: Barack Obama, Competitiveness, Corporations, Economics, Fairness, Greed, Growth, investment, Prosperity, Taxes, U.S. Treasury
Got crabs? Cut corporate taxes. Can’t get your kid to eat spinach? Cut corporate taxes. Worried your skin it too dry? Cut corporate taxes. And, then, of course, want the economy to be more "competitive" and "grow"? Cut corporate taxes. None of the above will be helped by cutting corporate taxes–but the reasons given for […]
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Posted in General Interest
Posted on 14 October 2009. Tags: Depression, investment, Poverty, Recession, Wages
Readers here know that I have urged us, for a long time, to be quite careful about the talk of "recovery". I do not put much faith in a rising Dow since that is, in my opinion, mainly a game of a bunch of traders trying to jump in and out of short-term profit-taking. […]
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Posted in General Interest