Tag Archives: politics

Desirable incentive effects of income taxation I Desirable Incentive Effects of Income Taxation II Desirable Incentive Effects of Income Taxation III Desirable Effects of Income Taxation IV Dissipative Signaling Desirable incentive effects of income taxation V Debt and Taxes I Debt and Taxes II Debt and Taxes III Tags: federal income taxes...

The Good Part of Medicaid Originally, Medicaid filled the gap if Americans could not afford healthcare insurance. Today, Medicaid is filling the gap if people lost income and/or healthcare insurance during the pandemic. If below FPL or 138% FPL, people qualify for Medicaid. Others who were already in the ACA healthcare exchanges qualify for larger subsidies. Those not qualified for either were left stranded by president trump. in 2020...

The Good Part of Medicaid Originally, Medicaid filled the gap if Americans could not afford healthcare insurance. Today, Medicaid is filling the gap if people lost income and/or healthcare insurance during the pandemic. If below FPL or 138% FPL, people qualify for Medicaid. Others who were already in the ACA healthcare exchanges qualify for larger subsidies. Those not qualified for either were left stranded by president trump. in 2020...

From the lowest common denominator down The unbound political ambition we see in the likes of Josh Hawley, Ted Cruz, Nikki Haley, Tom Cotton, Marco Rubio, …, reminds those of us old enough to remember of Richard Nixon. It was but a small step from Nixon’s whatever it takes ambition-driven politics to appealing to the lowest common denominator. A step he took; the first Presidential Candidate to do so in a while. FDR, HST, DDE, JFK, and LBJ;...

From the lowest common denominator down The unbound political ambition we see in the likes of Josh Hawley, Ted Cruz, Nikki Haley, Tom Cotton, Marco Rubio, …, reminds those of us old enough to remember of Richard Nixon. It was but a small step from Nixon’s whatever it takes ambition-driven politics to appealing to the lowest common denominator. A step he took; the first Presidential Candidate to do so in a while. FDR, HST, DDE, JFK, and LBJ;...

 by New Deal democrat Weekly Indicators for January 25 – 29 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. After many weeks of stability, there is some turmoil – in opposing directions – among the short leading indicators in particular. It is an indication of the bifurcated nature of the economy at present, where portions of the service sector have a pandemic-sized hole blown in them, while  manufacturing is barreling...

The reliably brilliant Catharine Rampell argues against giving $1400 to quite so many people. She notes The Democratic-controlled House passed legislation in December to expand stimulus payments to $2,000. This was marketed as aid to the poor and middle class, but the bill would have given some money to 94 percent of households — including those making over $300,000. President Biden, who supports more direct payments, said this week that he is...

The reliably brilliant Catharine Rampell argues against giving $1400 to quite so many people. She notes The Democratic-controlled House passed legislation in December to expand stimulus payments to $2,000. This was marketed as aid to the poor and middle class, but the bill would have given some money to 94 percent of households — including those making over $300,000. President Biden, who supports more direct payments, said this week that he is...

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...