Tea Party gets Stomped

In Washington, House Republicans accede to the Obama Administration’s demand for an unencumbered payroll tax extension. WASHINGTON, Feb 13 (Reuters) – Republican leaders in the U.S. House of Representatives on Monday dropped their demand for spending reductions to pay for extending a tax cut for 160 million American workers, setting…

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Edible Externalities, Part Deux – The Sugar Edition

Earlier this week I posted about Edible Externalities.  Well, apparently the Europeans were listening to me… PARIS — Sugar should be identified alongside alcohol and tobacco as a health danger, and governments should tax sweetened drinks and food as part of their efforts to combat it. So says a commentary,…

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Illinois Redux: The Wingnuts Strike Back…and FAIL

Yesterday, I wrote a piece called Overheard at the “Celebrating Scott Walker” Rally: The Illinois Jobs Wasteland.I pointed out that, contrary to the GOP talking points, Illinois is not as bad off as they’d like us to believe. At least one rightie was delighted by my post! He sent links to a…

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SC GOP Primary Gets the ABCNews Treatment

ABC News has a coup today, with two stories sure to impact the Presidential elections, featuring damaging stories about both GOP frontrunners Mitt Romney and Newt Gingrich.  Delicious!  Let’s start with Mitt: Mitt Romney and the Cayman Islands Sure, Jeff just wrote about Mitt Romney’s taxation and earning issues, which…

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The Big Pension Lie

With the right driving hard on the “It’s Working” meme as a clever description for Walker’s failing policies, I think it’s important to review one of the original Big Lies told by the Satraps of Fitzwalkerstan: Public Employees Need To Pay For Their Pensions and Healthcare!

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Because of Magic Pixie Fairy Dust?

Ask a Republican why the Bush tax cuts didn’t create any jobs and this is the kind of answer you get.

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From Blog Post to Peer Review: Higher Top Tax Rates Help America!

Back at the end of 2010, economist Mike Kimel wrote a blog post on Presimetrics speculating on the top marginal tax rate that would generate the highest levels of GDP growth for America.  His estimate was remarkably prescient.

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The Non-Partisan CBO Endorses Obama Jobs Plan and More Stimulus

And they pooh-poohs the GOP plan at the same time.  It’s a win / win scenario.  No wonder Newt wants to “unperson” the agency!

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Taking a Long, Long, Long Look at Herman’s 9-9-9 Plan

Herman Cain’s 9-9-9 plan in one, long graph.

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Herman Cain Wants Your Money

He’d like to give it to the rich, if you don’t mind.

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