Yesterday I made a post about how federal tax revenues have not increased as a result of the Bush tax cuts from 2001. Actually much of the post is based upon an analysis of official data that David Cay Johnston did. In the comments though, William Sullivan asks: I realize that economic growth, as measured … Continue reading Tax Cuts, Tax Revenues, and Growth: Reconciling Theory with Evidence
Day: April 1, 2011
Supply Chain for Future Garage Sales Disrupted
Although this came out a couple weeks ago, it is appropriate for today. Apparently rising food and gas prices, stagnant incomes, and unemployment are threatening the very American way of life. This could potentially disrupt production in China and disrupt the supply chain for future garage sales. (emphasis mine) Consumers Say Recession Changed Way They … Continue reading Supply Chain for Future Garage Sales Disrupted
Public Safety Alert
From Crooked Timber, today, April 1, 2011: Public safety alert by Michael Bérubé on April 1, 2011 Washington, DC – The National Governors Association has announced a voluntary product safety recall of sixteen governors, due to a structural design problem that could pose an immediate safety risk to consumers. “We didn’t know, when we made … Continue reading Public Safety Alert
EconProph 