Menzie Chinn reports more dispatches from Wisconsin, this time on recent Congressional testimony by Wisconsin's Governor Scott Walker. It's clear the union-busting efforting in Wisconsin is NOT about the state budget or saving money. It's ideological. It's opposition to unions period. The budget is and was irrelevant. It was pure propaganda by Walker and the Wisconsin … Continue reading Finally Clarity on Wisconsin’s Real Objective: Bust Unions
Day: April 16, 2011
Taxes and Unshared Sacrifice
It's tax time so it's appropriate to look at the fairness of the tax code. One of the greatest beneficiaries of the Bush-era tax cuts were hedge fund managers. Hedge fund managers are people on Wall Street who manage other people's money, not primarily their own. In return, they get paid fees for managing the … Continue reading Taxes and Unshared Sacrifice
Speechless
What Budget Crisis? Let’s Do Nothing Now
My Mother was a big advocate of patience. She was the anti-crisis. In response to any panicked concerns I had about the some "crisis" that was coming, we always counseled "we'll cross that bridge when we get to it". And sure enough, there was usually either no problem eventuallly crossing the bridge or there was … Continue reading What Budget Crisis? Let’s Do Nothing Now
EconProph 