From Robert Samuelson at The Washington Post, The coming middle-class tax increase There is a broader message here. Both parties have constructed rationales for avoiding middle-class tax increases, which would be highly unpopular. It’s not that these rationales are illegitimate: The
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From Robert Samuelson at The Washington Post, A Scarcity of Economic Growth excerpt: The causes of the productivity collapse are unclear. Some economists say that productivity isn’t measured properly — Internet benefits are allegedly undercounted. Other economists contend that U.S.
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How Can The Middle Class Be Saved? It’s Not An Easy Job- by Robert Samuelson in Investor’s Business Daily Excerpt: History teaches us that we have less control over our economic destiny than is often assumed. At every juncture in
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From Robert Samuelson in The Washington Post, Interest rates and the Fed’s great ‘slack’ debate: Is it time to consider raising rates to preempt higher inflation? The answer depends heavily on the economy’s slack: its capacity to increase production without
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From the Washington Post, Robert Samuelson writes The Greenspan Paradox. Excerpts: But there was an unrecognized downside: With a less-risky economy, people — homeowners, bankers, investment managers — concluded they could do things once considered more risky. Consumers could borrow
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Robert Samuelson writes It’s the Welfare State, Stupid in Real Clear Politics, 11/12/12 Excerpts: Granting the welfare state’s virtues — the safety net alleviates poverty and cushions the effects of recessions — it’s time to pose some basic questions. Who
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Robert Samuelson write in Investor’s Business Daily On This July 4, Americans’ Love Of Country Divides Us 7/3/12. Excerpt: Our national debates now transcend disagreements over this or that spending program or tax and have become — in the minds
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The J.P. Morgan loss is a non story. It is not illegal to lose money. The loss was born by the shareholders, as it should be and they – not the regulators – should hold Morgan and Jamie Dimon accountable. Robert Samuelson
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In a debate posted on YouTube between Connecticut Senate candidates Richard Blumenthal and Linda McMahon circulating on many conservative blogs and sites, Blumenthal falls for the trap set by his opponent when she asks him “how do you create a
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