Skip to main content

Robert Maguire's Library tagged economy →  View Popular

09 Nov 09

Ezra Klein - Lieberman will filibuster health-care reform 'as a matter of conscience'

  • What's the mechanism by which the public option increases the national deficit?
  • The Congressional Budget Office estimated that a public option paying Medicare's rates would save the government more than $100 billion in the first 10 years, and more after that.
06 Nov 09

Matthew Yglesias » Stimulus and the Future

  • those who claim fiscal restraint amidst a depression is a favor to young people don’t know what they’re talking about
  • Deficit hawks like to complain that today’s young people will end up having to pay higher taxes to service the debt we’re running up right now. But anyone who really cared about the prospects of young Americans would be pushing for much more job creation, since the burden of high unemployment falls disproportionately on young workers — and those who enter the work force in years of high unemployment suffer permanent career damage, never catching up with those who graduated in better times.
  • 1 more annotations...
05 Nov 09

Matthew Yglesias » Reconstruction for the USA

  • With that kind of money you could entirely build out a national network of true high-speed rail. One year’s worth of defense spending gets you that
  • Does anyone doubt that the net benefit of $100 billion spent on high-speed rail is easily higher than that for the last $100 billion spent on defense?
  • 4 more annotations...

Karl Rove Discovers Fiscal Conservatism, Ctd - The Daily Dish | By Andrew Sullivan

  • According to the treasury department's Bureau of Public Debt, the federal deficit went from $5,728,195,796,181.57 on January 22, 2001 to $10,626,877,048,913.08 on January
    20, 2009. Bear in mind that the allegedly fiscally conservative
    Republican Party ran this government for six of those eight years.
    Roughly two trillion of that debt was added after Democrats took over
    Congress in 2007.

Must-have PPTs: GOP witness details harsh impact Bush-Cheney policies had on U.S. manufacturing jobs « Climate Progress

  • Cicio big 1
  • The US manufacturing sector has lost over 5.1 million jobs in the last 10 years. Output and investment per GDP has fallen consistently and imports have risen sharply. (See charts below) This is not the time to implement risky unproven climate policy. The US economy cannot afford to lose any more jobs or shutdown facilities. Approximately 40,000 manufacturing plants have closed during the seven years ending in 2008. We have lost eleven industries that we were once dominant since the late 1990s. By late 2008, the US trade deficit with China alone was running at close to $1 billion per day, amounting to more than $90 per month or more than $1100 per year for every American.
  • 3 more annotations...
29 Oct 09

The Daily Dish | By Andrew Sullivan

  • I thought its proposals were ill thought-through and that it would
    have been better to take the time to develop something more coherent,
    rather than making things up on the fly, which appears to be the case.




    I also believe the administration has done a poor job of addressing
    what I think is the biggest problem with the American health care
    system: It costs too much for what we get. We spend in total twice as
    much of our gross domestic product on health as most other major
    countries without getting much in return for the extra spending.

    Finally, I think the goal of universal coverage is a good one, but
    the Obama proposal is not properly financed. I think a broad-based new
    government benefit should be financed with a broad-based tax that is to
    a large extent paid by the beneficiaries, as is the case with Social
    Security.

Matthew Yglesias » Inequality Begets Inequality

  • 42% of American men with fathers in the bottom income quintile remain there as compared to: Denmark, 25%; Sweden, 26%; Finland, 28%; Norway, 28%; and the United Kingdom, 30%.
  • The high level of income inequality in the United States leads to highly unequal opportunities for American children, whereas the low levels of income inequality in Nordic countries lead to more equal outcomes.

Matthew Yglesias » Effective Leadership

  • And looking that over, it seems to me that a province-by-province study to “determine which regions are being managed effectively by local leaders and which require international help” would be a good idea right here in the USA. Someone can finally do something about, say, Mississippi. It persistently lags on human development indexes, its governor is dogged by corruption allegations, and election results simply break down along ethnic lines and re-enforce entrenched divisions.
  • Mississippi 2008 Presidential Exit Poll

On Today's GDP Numbers | The White House

  • Indeed, the two-quarter swing in the rate of growth of 9.9 percentage points was the largest since 1980. 
  • Bar chart showing that Real GDP Growth stands at 3.5 percent in the third quarter of 2009, a marked increase after four quarters of decline.

The Daily Dish | By Andrew Sullivan

  • DistressingGapSept
  • [N]ew home sales are far more important for employment and the economy
    than existing home sales. When an existing home is sold, the housing
    stock doesn't change, and the only direct contribution to the economy
    are the transaction costs. When a new home is sold, the housing stock
    of the nation increases, and there is a significant amount of spending
    on material and labor.
27 Oct 09

Why the Economy Needs Spending, Not Tax Cuts | Capital Gains and Games

  • But he or whoever ghosted this op-ed for him neglected to check the facts.
  • According to the Congressional Budget Office's January 2009 estimate for fiscal year 2009, outlays were projected to be $3,543 billion and revenues were projected to be $2,357 billion, leaving a deficit of $1,186 billion.
  • 9 more annotations...

The Curious Case of Bruce Bartlett - The Atlantic Business Channel

  • Suppose you had a 10 percent VAT and we said we weren't going to
    collect it for the next 10 months. People would buy like crazy. They'd
    buy toilet paper, they'd buy anything they could get their hands on
    that they knew they'd need in the future. We're depriving ourselves of
    a great stimulant tool by ignoring this.
25 Oct 09

BBC NEWS | Europe | Rich Germans demand higher taxes

  • The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid Germany's economic recovery.

  • The group say the financial crisis is leading to an increase in unemployment, poverty and social inequality.

    Simply donating money to deal with the problems is not enough, they want a change in the whole approach.

  • 2 more annotations...
22 Oct 09

The Daily Dish | By Andrew Sullivan

  • Climate
  • new paper (pdf)
  • 3 more annotations...
1 - 20 of 697 Next › Last »
Showing 20▼ items per page

Selected Tags

Related Tags

Sponsored Links

Ads by Google

Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »

Join Diigo