Well, the U.S. has always wanted to be number 1 in something.
Tag Archives: economics
Fuzzy Math
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Cliff Diving
“Obama’s proposals are not strong enough, per se, to undo the very large inequality increase the U.S. has experienced since the 1970s, particularly when it comes to the incomes at the very top. To really make a dent, you would need to consider more radical policies.”
– Emmanuel Saez, University of California at Berkeley economist, in the Washington Post.
At the rate we’re going, with the partisan bitchery in Congress, it’ll take a few eons before economic conditions even out. But hey – maybe the Mayan apocalypse will sort it all out for us before then!
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And, He Barely Got Out Alive!
“I hate to say this on FOX – and I hope I’ll be allowed to leave here alive – but I don’t think there is any way we can cut spending enough to make a meaningful difference. We are going to have to raise taxes on very rich people; people with incomes of like say, 2, 3 million a year and up, and then slowly move down.”
– Conservative economist Ben Stein on FOX News.
This is Earth-shattering! A well-known conservative saying taxes should be raised on the upper classes! I know Stein must have been terrified; feeling like a Jew in a Catholic church during Easter mass. But, the facts are what they are. Mitt Romney’s economic scam – er – plan just doesn’t add up. I can only hope at this point that the American people will see that I’m right, especially in the so-called swing states.
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Chief Writing Wolf 