Obama’s 2013 budget was released yesterday. In today’s papers, the Wall Street Journal and the New York Times have shared their reactions. They could not be more different. In their piece titled A Responsible Budget, the NYT totally buys into the Democratic narrative of how the world works and what the Federal government’s priorities should be. [...]
Archive for the ‘economics’ Category
NYT and WSJ react to Obama’s budget: Through the looking glass
Posted in economics, politics on February 14, 2012 | Leave a Comment »
RomneyCare appears to be working
Posted in economics on February 13, 2012 | Leave a Comment »
So I lived in Massachusetts until last year and was there during the years the health care law changed over. It was controversial at the time, but nothing like the venom that has been unleashed by ObamaCare. I think one big difference there was that a clearer economic argument was made to justify the shift [...]
Growing dependency on Federal income
Posted in economics on February 13, 2012 | Leave a Comment »
The New York Times yesterday ran a long article on benefit programs administered by the Federal government. Naturally, they couldn’t just show the data, but told a political-motivated story around it and hence the title “Even Critics of Safety Net Increasingly Depend on It“. To me, the most remarkable thing is the time-series data that [...]
Gasoline taxes by state
Posted in economics, places on December 1, 2011 | Leave a Comment »
I’ve been doing a lot of driving along the east coast this year and have noticed large variations in the cost of gasoline from state to state. I was thinking this was due in part to differences in state and local taxes, but never stopped to figure it out. On future trips, I’d like to [...]
Liberal meme: Regulations create jobs
Posted in economics on November 15, 2011 | Leave a Comment »
After my dismal experience yesterday with Lakoff’s attempt to create a wholistic model of progressive and conservative thought, I’m drawn to the idea of memes and how the thinking on each side is a loose constellation of memes. Some are more foundational. Some are more emergent. Some enduring, some ephemeral. The memes idea is appealing [...]
Comparison of Top 1%
Posted in economics on November 14, 2011 | 1 Comment »
In Paul Krugman‘s post today, he references a useful database created by the Paris School of Economics called The World Top Income Database. I’m sure it is full of lots of useful info, but I went for the easy stuff and grabbed the excellent chart below. Like other similar charts I’ve posted have shown, it shows a [...]
Sovereign debt in the USA and other countries
Posted in economics on November 12, 2011 | Leave a Comment »
High levels of sovereign debt are causing enormous problems in Europe and elsewhere around the world right now. A few charts. US debt: US debt levels have jumped sharply in recent years and are rapidly approaching 100%. Worldwide debt levels as a percent of GDP: Debt levels have skyrocketed worldwide since the recession began. Many [...]
Income mobility – sticky at the top and bottom
Posted in economics on November 12, 2011 | Leave a Comment »
Good writeup today in the Wall Street Journal about income equality and mobility. Very detailed data from a 2005 Bush Treasury Department analysis. The chart tracks households across two year – 1996 and 2005 – to see how much people moved from one quintile to another. It isn’t too surprising to see that there is [...]
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- NYT and WSJ react to Obama’s budget: Through the looking glass
- RomneyCare appears to be working
- Growing dependency on Federal income
- Gasoline taxes by state
- Liberal meme: Regulations create jobs
- George Lakoff – How conservatives and liberals think. or not.
- Comparison of Top 1%
- ‘Conservatives are selfish people’ – Not
- Sovereign debt in the USA and other countries
- Income mobility – sticky at the top and bottom
- Keystone XL – Is there a better route for transporting the oil?
- US jobs data
- Obama: Job Killer-in-Chief
- Meeting the right person
- In Memory of Tugga
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