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Total 54 results found since Jan 2013.

Imaginary Squabbles Part 4: Krugman and DeLong on the Top 1 Percent
Alan Reynolds In End This Depression Now! (pages 77-78) Paul Krugman offers the strangest arguments I have seen.   The story opens with familiar fulminations about the “top 1 percent” (those earning more than $366,623 in 2011).  As he put it in a 2011 column, “income inequality in America really is about oligarchs versus everyone else.” “Incomes of the rich,” his book claims, “are at the heart of what has been happening to America’s economy and society.”  Yet it apparently requires great bravery to even dare to mention “the rising incomes” of the top 1 percent or top 0.1 percent: ...
Source: Cato-at-liberty - May 27, 2013 Category: Health Medicine and Bioethics Commentators Authors: Alan Reynolds Source Type: blogs

The Old Infrastructure Excuse for Bigger Deficits
Alan Reynolds Washington Post columnist/blogger Ezra Klein recently echoed the latest White House rationale for additional “stimulus” spending for 2013-15 and postponing spending restraint (including sequestration) until after the 2014 elections. Klein argues for “a 10- or 12-year deficit reduction plan that includes a substantial infrastructure investment in the next two or three years.” In other words, a “deficit-reduction plan” that increases deficits until the next presidential election year. Citing Larry Summers (who similarly promoted Obama’s 2009 stimulus plan while head of the National Economic Counc...
Source: Cato-at-liberty - June 16, 2013 Category: Health Medicine and Bioethics Commentators Authors: Alan Reynolds Source Type: blogs

Delaying the Individual Mandate Will Delay Political Backlash until after the Election
Alan Reynolds Republican Senators Ted Cruz (TX) and Mike Lee (UT) and a few others have proposed that all Obamacare funding be cut off by a legislative “rider,” ostensibly forbidding funding of the 2010 law. They argued that public opinion polls trump mere laws enacted by Congress and vetted by the Supreme Court–an idea that sounds more like populism than conservatism. Even if such “defunding” could have magically attracted the 67 Senate votes needed to override a veto, it would not have undone the mandate to buy insurance, premium subsidies through refundable tax credits, planned cuts in payments to Me...
Source: Cato-at-liberty - September 27, 2013 Category: Health Medicine and Bioethics Commentators Authors: Alan Reynolds Source Type: blogs

How Not to Spin a Big Drop in Top 1% Incomes
Alan Reynolds When Thomas Piketty and Emmanuel Saez release their annual estimates of top 1 percent incomes, you can count on The New York Times to put it in a front page headline with additional hype on the editorial page.  This time, however, the news was that the top 1 percent had suffered a 14.9 percent decline in real income in 2013 if capital gains are included, as they always had been until now.   The New York Times heroic spin was “The Gains From the Economic Recovery Are Still Limited to the Top One Percent.”  The author, Justin Wolfers of the Peterson Institute wrote, “Emmanuel Saez …...
Source: Cato-at-liberty - February 18, 2015 Category: American Health Authors: Alan Reynolds Source Type: blogs

Bipartisan Baloney About Top 1 Percent Income Gains
Alan Reynolds In the State of the Union address on January 20, President Obama said, “those at the top have never done better… Inequality has deepened.”  The following day, Fox News anchor Brett Baier said, “According to the work of Emmanuel Saez, a professor at the University of California, Berkeley, during the post-recession years of 2009-2012, top earners snagged a greater share of total income growth than during the boom years of 2002-2007. In other words, income inequality has become more pronounced since the Bush administration, not less.”  Senator Bernie Sanders agrees that “in recent year...
Source: Cato-at-liberty - February 19, 2015 Category: American Health Authors: Alan Reynolds Source Type: blogs

Can Inequality Get Worse If Poverty Gets Better?
Alan Reynolds Jim Tankersley of the Washington Post believes he has discovered “The Big Issue With Hillary Clinton Running Against Inequality”: “Inequality got worse under Bill Clinton, not better. That’s true if you look at the share of American incomes going to the 1 percent, per economists Emmanuel Saez and Thomas Piketty. It’s also true when you look at the share of American wealth going to the super-super-rich, the top 0.1%, per research by Saez and Gabriel Zucman.” What this actually reveals is the absurdity of (1) defining inequality solely by top 1% shares of pretax income less government benefits, and...
Source: Cato-at-liberty - April 14, 2015 Category: American Health Authors: Alan Reynolds Source Type: blogs

Core Commodity Price Inflation Was Zero in March and April
Alan ReynoldsThe Producer Price Index (PPI)is not a  measure of inflation in the cost of living. It estimates pricesbusinesses receive, not prices consumers pay. Importantly, it includes soaringexport prices for U.S. on food and energy, which had already risen 4.5% in the month of March, 3% in February, and 2.8% in January due to sudden global scarcity in the wake of the Russian war and sanctions.The PPI “increased 0.5 percent in April…[partly because] construction increased 4.0 percent, whileprices for final demand services were unchanged. ” “The indexes for final demand trade services and for final demand servic...
Source: Cato-at-liberty - May 12, 2022 Category: American Health Authors: Alan Reynolds Source Type: blogs

Trouble c'min
Long before negroes or the jewish record executives sprung the very annoying pseudo musical style known as (c)rap on the world, Frank Zappa came up with this catchy little rap tune circa 1966 the JooTube music link is here Trouble Coming Every Day - Frank Zappa Here are the lyrics for those who want to sing along, well Nero fiddled while Rome burned, Obama Holder and company are fiddling while the former United States of America burns. Well I'm about to get sick From watchin' my TV Been checkin' out the news Until my eyeballs fail to see I mean to say that every day Is just another rotten mess And when it's gon...
Source: Nightmare Hall - Welcome to my nightmare - July 16, 2013 Category: HIV AIDS Source Type: blogs

The Morning Flap: February 19, 2013
Simpson and Bowles These are my links for February 19th: New Bowles-Simpson deficit plan would cut $2.4 trillion – Erskine Bowles and Alan Simpson proposed a new framework Tuesday to cut the country’s debt by $2.4 trillion over the next decade.Bowles and Simpson were the co-chairmen of President Obama’s bipartisan fiscal commission in 2010, and their recommendations came to serve as a yardstick for other debt-reduction proposals. Obama, the puppet master Obama blackmails tax payers while blaming Republicans - Tea Party challenger to McConnell emerging – Senate Majority Leader Mitch McConnell (R-Ky....
Source: FullosseousFlap's Dental Blog - February 19, 2013 Category: Dentists Authors: Flap Tags: Pinboard Links The Morning Flap Chuck Hagel Democrat Facebook GOP Guns immigration Jerry Brown Joe Salazar Marco Rubio Mitch McConnell Paul Ryan Sequestration Simpson-Bowles Source Type: blogs

Jeb Bush and Rand Paul on a Broader GOP
David Boaz Both Jeb Bush and Rand Paul are talking about broadening the appeal of the Republican Party as they move toward presidential candidacies. Both say Republicans must be able to compete with younger voters and people of all racial backgrounds. Both have talked about the failure of welfare-state programs to eliminate urban poverty. But they don’t always agree. Bush sticks with the aggressive foreign policy that came to be associated with his brother’s presidency, while Paul wants a less interventionist approach. Bush calls for “smarter, effective government” rather than smaller government, while Pau...
Source: Cato-at-liberty - February 8, 2015 Category: American Health Authors: David Boaz Source Type: blogs

Just a big list in the new year
I'm not doing well medically, which is dragging my depressed mood even deeper, so not much to say. Here's just another big list of places I've browsed over the last week. Toward the end of this week's link list are some more links to older music that holds many memories for me, good and bad. 16 Things About 2013 That Are Really Going To Stink A Clockwork Watermelon murderbymedia End of 2012 and Unleashing of Evil Alan Watt Movie Predictive Programming BBC Madness In The Fast Lane MKULTRA clones? Brainwashing Zionist Mind Control Through Pornography By Invitation OnlyCloud Atlas Hollywood's Occult Fantasy - henrymakow Cloud...
Source: Nightmare Hall - Welcome to my nightmare - January 5, 2013 Category: HIV AIDS Source Type: blogs

When it rains
I was going to finally write something of substance but then I received a phone call from a relative of one of the 2 last living friends I have, informing me that the major surgery he underwent for cancer did not go well. He had a heart attack during or shortly after surgery and they have him heavily sedated and under close supervision in ICU. He may have brain damage but they will not know until later Here is a guy who's 68, never drank or did drugs, was not overweight, hardly had so much as a cold for the 35 years I have known him and had not seen a doctor for any reason for over 20 years, then toward the end of last...
Source: Nightmare Hall - Welcome to my nightmare - January 10, 2013 Category: HIV AIDS Source Type: blogs

In Its Bubble of Secrecy, the National Security Bureaucracy Redefined Privacy for Its Own Purposes
Jim Harper Rep. Jim Sensenbrenner (R-WI) is nothing if not a security hawk, and this weekend he decried the NSA’s collection of all Americans’ phone calling records in a Guardian post entitled, “This Abuse of the Patriot Act Must End.” On Thursday last week, he sent a letter to Attorney General Eric Holder demanding answers by Wednesday. It also became apparent over the weekend that the National Security Agency’s program to collect records of every phone call made in the United States is not for the purpose of data mining. (A Wall Street Journal editorial entitled “Thank You for Data Mining” was...
Source: Cato-at-liberty - June 10, 2013 Category: Health Medicine and Bioethics Commentators Authors: Jim Harper Source Type: blogs

Back into hte soup
Here in the Eastern Mass area we're back into the soup, yet another hot HOT, steamy heat wave. It's too hot to think, let alone do anything as strenuous as typing. Speaking of typing one reason I hardly write much any more is I have developed a form of dyslexia over the past few years. The doctor said it might be due to side effects from medication or a complication of the degenerative neurological condition I have. It all started over 20 years ago after a spinal injury. It could also be due in part to medication side effects or damage done during surgery when I was under general anesthesia on 3 separate occasions. Whateve...
Source: Nightmare Hall - Welcome to my nightmare - June 24, 2013 Category: HIV AIDS Source Type: blogs