Monthly Archives: July 2010
Is there really no evidence that the Bush tax cuts decreased revenue?
Mitch McConnell, the Senate Minority Leader, recently told TPMDC that "there’s no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue, because of the vibrancy of these tax cuts in the economy." It’s only true that … Continue reading
Filed under Economics
Is the iPhone 4 really “Apple’s Vista”?
Microsoft’s COO got cute in a self-deprecating sort of way, calling the iPhone 4 “Apple’s Vista” after accusations of poor reception from holding the phone too deeply in the palm. It looks like Apple might shed more light on this … Continue reading
Filed under Gadgets
When You Assume Budget Projections Are Reality…
Keith Hennessey tries to argue that the fiscal legacy of George W. Bush was not particularly irresponsible, given that average deficit over the past 40 years has been 2.6 percent of GDP while the average under Bush was 2.7 percent. … Continue reading
Filed under Economics
PAYGO and the CBO Baseline
Brad Delong, who co-taught one of my favorite economics classes ever, has done a heroic job of covering the budget wonk equivalent of ESPN LeBron James special: the CBO’s new Long-Term Budget Outlook, notable for modeling the long-term fiscal effects … Continue reading
Filed under Economics
Even-keeled Uncertainty
National Review blogger Reihan Salam dismisses the CBO’s findings last week that health care reform, if unrepealed, closes the nation’s long-term fiscsl gap by a not-insignificant 2 percentage points of GDP, remarking “Of course, the Sustainable Growth Rate would have … Continue reading
Filed under Economics, Health Care
Does Parenting = Happiness?
Self-proclaimed "childless 20-something" Ezra Klein wants to know how parents can at once be more unhappy on many measures than non-parents and yet still be glad they’re parents? My answer — and I emphasize "my" because I don’t want to … Continue reading
Filed under Parenting
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