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”

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

Is the recession over and do you believe 1+1=2?

Is the answer to “Is 1+1=2” based in one’s belief or is it factual?  How about, “Is the recession over?”  Both are fact based. In a recent CNN poll* the question was asked, “Do you believe the recession is over?”.  74% responded saying the recession is not over.  This seems like a silly question to … More Is the recession over and do you believe 1+1=2?

I’m really disappointed by Governor Charlie Crist

In his campaign for the US Senate, Crist has one of the best messages available and he’s not getting it across to the public.  It is a widely held opinion that congress has become almost completely dysfunctional and there appears to be agreement that a major contributing factor is unbridled partisanship.  The question Crist should … More I’m really disappointed by Governor Charlie Crist

Why all the ANGER?

I don’t know if people are angrier today than they were a few decades ago or if they are just more visible.  As are most things in life it is probably not a binary choice – it’s a bit of both. I’m particularity perplexed by the vitriolic anger of my demographic – middle aged white … More Why all the ANGER?

Advertising drugs on the air waves? Yes, but only in the United States and New Zealand.

I’ve never been to New Zealand but if I were to visit one thing would make me feel at home.  I’d be exposed to television ads promoting prescription drugs. Among the developed countries only the United States and New Zealand allow direct to consumer advertising (DTCA) of prescription drugs.  Could the massive amount of money … More Advertising drugs on the air waves? Yes, but only in the United States and New Zealand.

Big business marketing is effective – too effective.

Sometimes I wonder if people realize that they are simply fodder for the great marketing machines of big business.  I understand and accept that marketing is a natural by-product of capitalism.  If something is offered for sale it is only natural to promote that item.  However, there is a  bifurcated problem.  There are no natural … More Big business marketing is effective – too effective.