Wednesday, September 22, 2010
Here's a short discussion of a couple of interesting graphs/. The writer is concerned that unlike previous recessions, this one has some serious structural impediments to recovery. But the bad news is that those impediments are not being taken seriously.
But only up to a point. So you might as well pay taxes with it.
Comparing people's happiness against income, the researchers found that the more money people earned, the higher their overall life satisfaction. But people's day-to-day emotional state rose with average annual income only until about $75,000, after which additional income made no further difference
Friday, September 10, 2010
What can we expect if the Republicans get to set policy?
if Republicans regain power, they will surely do what they did during the Bush years: they won’t seriously try to address the economy’s troubles; they’ll just use those troubles as an excuse to push the usual agenda, including Social Security privatization. They’ll also surely try to repeal health reform, which would be another twofer, reducing economic security even as it increases long-term deficits.