Go To ↓ Navigation & Information Other Information

Monthly Archives: May 2014

About three weeks ago, this story broke about rationing of appointments and treatment in a Phoenix VA hospital facility, rationing which has supposedly led to at least 40 deaths as these vets awaited treatment.  The rationing is due to two factors: 1) global budgeting of the VA hospital system capping total spending and 2) a lack of […]

Here is a news story from a right wing media outlet, CNS, but they are just pointing out what the Bureau of Labor Statistics reports are showing, that young adults in the 25-29 age group are now at the lowest point in the labor force participation since the data was first collected in 1982.  Of course, […]

Democracy is the theory that the common people know what they want and deserve to get it good and hard. H. L. Mencken US editor (1880 – 1956). I recently received the following comment from one of my better students in my Econ 211 class on my post last month, “Water Shortages.”  He writes about […]

I just took a look at the Drudge Report and saw these three headlines: 92,594,000: Americans not working hits record Women Not in Labor Force Hits Record High… Unemployment plummets to 6.3%… Notice that the unemployment rate has dropped, but the number of Americans not working has reached a record.  The unemployment rate, you should […]

Watch this CNN Money interview with Warren Buffett.  Buffett, correctly, suggests that the Earned Income Tax Credit (EITC), which works as a negative income tax, transferring money from richer taxpayers to pooerer taxpayers, particularly those with children, does a better job of helping the poor than does the minimum wage.  The EITC does not raise […]

Go To ↑ Top