Tag Archives: Taxes/regulation

Via Slate by Dahlia Lithwick and Mark Joseph Stern: The Clarence Thomas takeover But Thomas is more than just the Trump administration’s philosophical hero. His once-fringy ideas are suddenly flourishing—not only on the high court, through his alliance with Gorsuch, but also in the executive branch. … Everywhere you turn in Trumpland, you’ll find a slew of Thomas’ former clerks in high places. They are serving in the White House counsel’s office(Greg...

Apartment vacancy rate improves, but “rental affordability crisis” at worst level ever Over three years ago HUD warned of “the worst rental affordability crisis ever,” citing statistics that About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center for Housing Studies. Twenty-seven  percent of renters are paying more than half of their income on...

Understating Trump’s “Achievements” I regularly hear and see on media and the internet that Trump “has accomplished nothing in six months” or variations on that, with some of these remarks focusing more on his legislative agenda, with discussions about whether it is “dead” or not here after only six months, which is either a very long time or a very short time.   I think this rhetoric is both unwise and inaccurate. It is unwise because it suggests that we...

Understating Trump’s “Achievements” I regularly hear and see on media and the internet that Trump “has accomplished nothing in six months” or variations on that, with some of these remarks focusing more on his legislative agenda, with discussions about whether it is “dead” or not here after only six months, which is either a very long time or a very short time.   I think this rhetoric is both unwise and inaccurate. It is unwise because it suggests that we...

Apartment vacancy rate improves, but “rental affordability crisis” at worst level ever Over three years ago HUD warned of “the worst rental affordability crisis ever,” citing statistics that About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center for Housing Studies. Twenty-seven  percent of renters are paying more than half of their income on...

by Dale Coberly SOCIAL SECURITY AT BERNIESTOCK Last Sunday I gave a very short talk about Social Security at a political rally and outdoor party called Berniestock in Lebanon, Oregon. It was not a venue conducive to detailed explanations or suggesting ways people could try to tell what was true from what was pretending to be true, so I suggested that those interested in learning more should come to Angry Bear where we could explore the issue more...

by Dale Coberly SOCIAL SECURITY AT BERNIESTOCK Last Sunday I gave a very short talk about Social Security at a political rally and outdoor party called Berniestock in Lebanon, Oregon. It was not a venue conducive to detailed explanations or suggesting ways people could try to tell what was true from what was pretending to be true, so I suggested that those interested in learning more should come to Angry Bear where we could explore the issue more carefully....

Crowding Out and the Social Overhead Costs of Labor Another strange twist in the convoluted lump-of-labor saga. Chartist leader Feargus O’Connor refuted the “Treasury View” — aka “crowding out” — in 1844. O’Connor’s tract is long-winded and sentimentalized an idyllic past but it also contains some cogent analysis of why workers were (and should still be) wary of the exploitative use of technology by capitalist firms. O’Connor’s critique took the form of a...

Foxconn hit the jackpot with Wisconsin on Wednesday, when CEO Terry Gou and Governor Scott Walker signed a memorandum of understanding for the company to invest $10 billion in southeastern Wisconsin in return for $3 billion in state subsidies and an undetermined amount of local incentives in the form of tax increment(al) financing (TIF).* The basic outline of the deal, sent to me by John Haynes of the Milwaukee Journal-Sentinel, is pretty simple: Foxconn is...

(Dan here…I found Yves intro more appealing than the research…) Yves here. While this article gives a very good high-level summary about how inequality is becoming institutionalized in American and the costs to those who see themselves as having lost the most, I wonder about the emphasis on hope as a remedy. Perhaps this is such a strong cultural bias in the US that there’s no escaping it as a motivator for most people. But I take to heart the interpretation...