The Angry Bear

Let’s discuss something worth getting really excited about, the Biden/Romney child tax credit/child allowance proposals.  These proposals would make life much better for poor children and their parents.  A lot better.  Neither proposal goes as far as I would like, but they would be a real improvement and could be made more generous over time. I will briefly describe the proposals and then discuss the political changes that may have paved the way...

Let’s discuss something worth getting really excited about, the Biden/Romney child tax credit/child allowance proposals.  These proposals would make life much better for poor children and their parents.  A lot better.  Neither proposal goes as far as I would like, but they would be a real improvement and could be made more generous over time. I will briefly describe the proposals and then discuss the political changes that may have paved the way...

Dear Judy, I just want to let you know that I’m here for you on your problem with bipartisanship, and to apologize for not being there for you when you were struggling so with your problem with her emails. As far as I’ve been able to determine, to date: Partisans were a subspecies of humans found mostly in the forests of middle-europe during the mid-twentieth century. I did use were, but, to be honest, it isn’t known for certain whether or not...

Dear Judy, I just want to let you know that I’m here for you on your problem with bipartisanship, and to apologize for not being there for you when you were struggling so with your problem with her emails. As far as I’ve been able to determine, to date: Partisans were a subspecies of humans found mostly in the forests of middle-europe during the mid-twentieth century. I did use were, but, to be honest, it isn’t known for certain whether or not...

Karl Marx/Benjamin Franklin Mashup Capital itself is the moving contradiction, in that it presses to reduce labour time to a minimum, while it posits labour time, on the other side, as sole measure and source of wealth. Remember that time is money. Hence it diminishes labour time in the necessary form so as to increase it in the superfluous form; hence posits the superfluous in growing measure as a condition – question of life or death – for the...

Karl Marx/Benjamin Franklin Mashup Capital itself is the moving contradiction, in that it presses to reduce labour time to a minimum, while it posits labour time, on the other side, as sole measure and source of wealth. Remember that time is money. Hence it diminishes labour time in the necessary form so as to increase it in the superfluous form; hence posits the superfluous in growing measure as a condition – question of life or death – for the...

by Joseph Joyce The IMF and the Coronavirus A global threat such as the coronavirus should be met with a global response. National governments, however, have generally not coordinated their efforts, with the exception of those that belong to the European Union, and even there the distribution of vaccines has not gone smoothly. International agencies, on the other hand, such as the International Monetary Fund have responded more quickly....

by Joseph Joyce The IMF and the Coronavirus A global threat such as the coronavirus should be met with a global response. National governments, however, have generally not coordinated their efforts, with the exception of those that belong to the European Union, and even there the distribution of vaccines has not gone smoothly. International agencies, on the other hand, such as the International Monetary Fund have responded more quickly....

Impeachment: What’s the Message? The mantra of the moment is that impeachment is not a trial and shouldn’t be governed by the same rules that apply to a court of law.  True, but that means it’s really a political event, where the verdict matters less than the message. What’s coming through the media reporting is “Trump incited a riot.”  Well, he did, more or less, but that just means he’s a bad person.  It’s not news that Trump is a pretty...

Today Tyler Cowen posted this: Remember the proposals for a $15 federal minimum wage? Employment would be reduced by 1.4 million workers, or 0.9 percent, according to CBO’s average estimate… That is from the new CBO report. Here is a bit more context: In an average week in 2025, the year when the minimum wage would reach $15 per hour, 17 million workers whose wages would otherwise be below $15 per hour would be directly affected, and...