34 posts categorized "Economy"

April 21, 2020

It’s Time for a $15 Minimum Wage – At Least

We Know It’s Deserved.

I’m economically conservative and a capitalist. Higher wages will tend to raise prices. There will be at least a marginal loss of job opportunities when paying very low wages is no longer an option. However, mini More...

January 02, 2020

Undeserved (and Useless) Rebates I Got

I just qualified for over $6000 of rebates which didn’t change my behavior in any way. You are paying me to do what I would’ve done anyway.

My old car had over 100,000 miles and was beginning to require frequent expensive repairs. Time for new wheels.

I decided to look at plug-in More...

December 19, 2017

Chinese View of US Tax Cut

Certainly the tax bill, which is now close to becoming law, is far from perfect. Just as certainly it has some things in it that needed to be done like lowering the industrialized world’s highest corporate tax rate, doubling the standard deduction for individuals, and wiping out many (but not eno More...

June 20, 2017

Teach a Person to Fish and…

We all know the Chinese proverb:

“You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.”

Elon Musk, founder of Tesla and SpaceX, thinks that robots will do all the More...

June 13, 2017

The World is Getting Fat

More than 10% of us are obese. That’s not “us” Americans; that’s “us” citizens of the world. According to a study funded by the Gates Foundation and published in The New England Journal of Medicine, the num More...

February 20, 2017

Is Border-Adjustment the Answer to Broken US Corporate Tax Structure?

The US corporate tax system combined with globalization turns free trade into unfair trade (see last post). Profits domestic companies make overseas are not taxed until they com More...

February 17, 2017

The US Corporate Tax Structure Is an Incentive to Send Jobs Abroad

The way the US currently taxes corporate income is toxic for American workers when coupled with globalization. It turns free trade, which I think is a good thing, into unfair trade. It is a bizarre structure which only its parents – lobbyists and those corporations which benefit from it – could l More...

January 05, 2017

Natural Gas and “Fugitive Emissions”

Why are people who are passionate about saving us from the perils of global warming often found in opposition to natural gas drilling and pipelines?

If you’re worried about global warming and think we need to do something quickly, you should love natural gas. It emits 50% less CO2More...

January 03, 2017

How the Fed and Dodd-Frank Killed Jobs

Every economist worth her or his salt has a theory about why the great recession was followed by a nearly jobless recovery. Historically, lots of jobs are created in a surge when the economy is recovering; didn’t happen this time; many people left the work force and never came back.

I’m n More...

January 23, 2012

Could Romney Give Us Tax Reform Without Even Getting Nominated?

The President's own National Commission on Fiscal Responsibility and Reform recommended a much flatter tax structure and elimination of most tax deductions and credits in More...

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