OK, so that’s a shameless, attention seeking title that’s not exactly true. What is true is that the median Grade Point Average (GPA) is higher at the University of Florida (UF) than it is at the University of Central Florida (UCF). This GPA differential is indicative of a greater rate of grade inflation – not … More UF students are smarter than UCF students…
In his recent book, Aftershock, Robert Reich builds a strong case for the disparity between the top income earners and the rest of us as the basis for our current economic turmoil. He argues that there will be chronic, structural economic problems if those who produce goods are not able to purchase them. Reich defines … More Two economies: The market basket and The Market
One of the most vivid images of the Gulf oil spill is that of Governor Bobby Jindal walking the shoreline and lambasting the administration for not moving quickly to build sand berms to protect the shore. He argued passionately that something had to be done and that the administration was failing. What the administration did … More Jindal’s berms: Critical thinking and politics
The tax extension compromise of 2010 will add 900 billion dollars to the national debt with the goal of accelerating the economic recovery. To agree to the compromise the Republicans held firm to extending the tax cuts to income in excess of $250,000. This action by itself will add $120 billion* to the national debt … More $120 Billion is a lot of pork
I’ve long believed there was a fundamental misunderstanding of how our tax system works that has lead to groundless support for extending the Bush tax cuts to incomes over $250,000. I partially addressed the topic in a previous posting, The arithmetic of taxing the “rich”. What I did not address was how the message was being … More Bipartisan support for tax cuts for everyone.