Is the U.S. Bankrupt? [332Kb PDF] Laurence Kotlikoff, writing in this month's
Federal Reserve Bank of St. Louis Review, says "yes" - to the tune of $66 trillion! [more inside]
posted by ikkyu2
on Jul 16, 2006 -
67 comments
It's the stupid, economy. I'm no
economist, but I'm reminded of the
underpants gnomes business strategy when I read
this. Obviously there is a political component (to the story) but what the $!@(# are the nuts and bolts? Why is pressuring economic engine states (California, New York) a good thing?
(registration to the L.A. Times ... sry) Pretty much the same story
here.
posted by Smedleyman
on Dec 5, 2004 -
15 comments
Tax Man Bush says tax cuts stimulate the economy. Unfortunately, he's fallen more than 2.2 million jobs short of the projection made by his own economists.
posted by Postroad
on Jul 28, 2004 -
6 comments
Monetary Policy in a Zero-Interest-Rate Economy [pdf] This report written by the
Dallas Fed is amazing. Amongst other things, it outlines a plan to
tax your savings as a way to continue to stimulate consumption should
rates fall to zero. While opinions of
the 'fed range from worship to outrage, their actions raise some serious questions. Why does this
unelected group wield so much power? At what point are their actions (taxing savings) a violation of our property rights? If our economy is built on capitalism, why can we not be capitalists and embrace the opportunity presented by both boom and bust? At what point are we a
command economy?
posted by H. Roark
on Jun 19, 2003 -
17 comments
Quick, Hide The Body! "...But the Bush administration chose to keep the findings out of the annual budget report for fiscal year 2004, published in February, as the White House campaigned for a tax-cut package that critics claim will expand future deficits.
The study asserts that sharp tax increases, massive spending cuts or a painful mix of both are unavoidable if the US is to meet benefit promises to future generations. It estimates that closing the gap would require the equivalent of an immediate and permanent 66 per cent across-the-board income tax increase."
posted by owillis
on May 28, 2003 -
18 comments
Bush Cited Non-Existent eport There was only one problem with President George W. Bush's
claim Thursday that the nation's top economists forecast substantial economic growth if Congress passed the president's tax cut: The forecast with that conclusion doesn't exist.
posted by orange swan
on Feb 24, 2003 -
82 comments
I'm curious, isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
posted by the_0ne
on Apr 9, 2002 -
54 comments
"Tax Clarity was created to help you decipher what the tax plans by both presidential candidates mean to you personally." Enter some information from your paycheck and find out how much you'd save using either Bush's or Gore's tax plans.
via dandot.
posted by phooey
on Oct 11, 2000 -
37 comments
