Answer: Mosquitoes The answer to this question had eluded me especially in light of the increasing income disparity between the wealthy and the rest of us. I don’t think there is much controversy that ever since the Regan years (see previous post) more income shares have been going to the wealthy. This has created a … More If you make less than $250k why are you a Republican?
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 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”