Top fractiles income share and the “good old days”

I hear some people pining for “the good old days” and how good things used to be.  Many times it seems like those same voices are also quick to fault the “socialist” programs of the Obama administration as the reason we are not enjoying the same prosperity as we did “back in the day”.  If … More Top fractiles income share and the “good old days”

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Accountability

A premise of accountability is that people should believe what they are saying is true. Speaking in a recent Today Show interview, Representative Michele Bachmann argued that extending the Bush tax cuts for incomes over $250,000 was good for the working class.  As her example she said that a plumber or a carpet layer with … More Accountability