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It's over a ten year period. I prefer a yearly cost approach.
110 Billion Expand CTC to $3,000 or $3,600 for young children
10 Billion Further expand CTC to $6,000 for newborns
40 Billion Extend the ACA premium tax credit expansion
15 Billion Expand the EITC for workers without child...
I know this isn't strictly new: in many countries, the energy sector and other industries with a heavy impact on the environment are nationalized.
There are, in my opinion, a couple of very good reasons for this:
it obviates the need for regulation: the state can simply run the company in an...
I had to change one of my light-bukbs yesterday, the first of the energy-saving ones to go. It was a Philips one and has been replaced with an Ozram one - one of the four free ones that everyone got in the post last year.
Anyway, one thing I have noticed is that its start-up is different from...
How do CO2 emissions correlate with happiness, both at a personal and national level?
If substantial limits are placed on CO2 emissions, do you think will it have a net positive or negative impact on your lifestyle?
In the long run, which populations will suffer and which will gain?
‘A Presidential Energy Policy.
Twenty-five Points Addressing the Siamese Twins of Energy and Money.’
by Michael C. Ruppert
http://rubiconworks.com/
“Michael Ruppert does not mince his words writing a stirring and uncompromising book on a vital issue. He addresses some simple but widely...
Link
Sadly, the article does not cite which companies owe back taxes- but the House Ways and Means subcommittee has said that one recipient owes $113 million in unpaid taxes from 2005 and 2006, and another owes $102 million from before 2004. :jaw-dropp
Bernie Madoff may have a new cellmate soon.
Times are tough, and it looks like it's going to get worse before it gets better. Where I work, the company was already doing it hard, and it looks like it could go under. So I'm worried, and am already looking for another job. Thing is, there's not much demand out there at the moment.
How...
Everyone hates to lose their job, but it seems to me that a lot of jobs are simply destined to become obsolete due to technology. If productivity eventually plateaus, this might not be a problem, but if it keep rising a little bit every year, then eventually won't we reach a point where it only...
I'm not smart about money and high finance. What is everyone so afraid will happen if the government doesn't bailout the wall street firms? Why is the bailout a better option than letting them figure out their own way out of the mess? Why is it a better option for our government than, say...
McCain promises to balance budget
Is this promise credible? At least he is naming specific programs to be cut: Social Security, Medicare and Medicaid. I give him points for boldness. He is of course assuming that everything in the economy and the wars in Iraq and Afganistan go perfectly as well.
Just got my economic stimulus rebate! Yep, May 2nd, direct deposited in my account. Within minutes it was paid to my visa I had charged my TAM 6 registration to.
Here is my little thank you prayer to the powers that be....
Thank you Bush and Congress for furthering my Skeptic knowledge and...
So, is it only me, or does the current "bailout" seem to be of the "(*&&*( the prudent, and help out all the rich people who strung along the idiots" variety?
What do I get from the "bailout" cash? If I get 5 cents, I'll be lucky.
Mortgage? Low-rate 30 year fixed.
Equity? 85% mine.
Just like...
Link
So as you might have heard, they're planning to give us a tax rebate soon in the hopes of pumping some money into the economy. I was talking about it with my mom and she'd mentioned that she'd heard commentators lamenting that the money would be used to pay bills instead of people going...
Well, not quite, but apparently China’s GDP, adjusted for Purposing Power Parity, has been overstated by 40%, because the price levels in China have been vastly understated, so the Chinese Tiger is not as impressive as it seems.
http://www.economist.com/finance/displaystory.cfm?story_id=10209215
The Consumer Paradox: Scientists Find that Low Self-Esteem and Materialism Goes Hand in Hand
So is increasing the economy always a good thing? I have long joked that it everyone became frugal to gain financial security our economy would collapse.
I have heard it argued many times that the...
For the wide-eyed futurist, the costs of slinging things into space is one of the least promising things about space. Depending on how you decide to work out the numbers, launch costs typically work out to the tens of thousands of dollars per kilogram. There is the question of whether there's...
There is a rumor that the Invasion of Iraq had something to do with Saddam's plans to switch to the Petroeuro which allegedly would have threatened the US economy.
Now I'm not very familiar with the Petrodollar/Petroeuro system - what would have been/would be the damage for the US economy if...
Concentrating on what they think they've done best (which USED to be the WOT, but events the world over have proven that wrong), the Bush administration is concentrating on the economy which has shown signs of revival.
My question is, are Americans really better off because large corporations...
90 percent of Mexico's exports go to one country - the US. Despite there being over 150 countries in the world, the Mexican government has never sought relationships with any of them. Part of the reason for border security initiatives is the goal of breaking the obsessive and addictive...
This post is continuation of the recent thread "Probablility Question Help" in the math/science section.
This is a brainstorming session. I'll leave a rigorous analysis to those more capable.
The conclusion is that there are favorable and unfavorable numbers which lead to favorable and...
How else could this sentiment from Rich Lowry be justified?
Unemployment is so low, jobs are so plentiful, we have to destroy the job market to keep the illegals out. Because a fence won't work (though we should put one up anyway).
Cut off our nose to spite our face. That'll teach them Mexicans.
I happened to think about this while watching the CSN cable channel late last night, listening to the snalke oil slaesman try to hawk coins. It was quite entrancing listening to the guys gift of gab.
Isn't it ironic or (what's the better word?) that people would buy money...with money? Isn't...
The one area in which Labour have succeeded is the economy..... or have they?
Manufacturing is scrapped, fishing is wrecked, agriculture is almost buried and now the years of consumers borrowing over the odds for personal loans and mortgages they cant afford, the retail sector is past its sell...
I have a little bit more free time at this point. I'm very interested in the latest developments of the hydrogen economy. Aside from the fair bit of reading I've done on the Internet and various articles in scientific and political science magazines, I'd be interested in picking-up a book that...
U.S. Falls out of the Index of Economic Freedom's Top 10
AccountingWEB.com - Jan-6-2005 - For the first time ever, the U.S. does not rank among the world's 10 freest economies in the Index of Economic Freedom, published annually by The Heritage Foundation and The Wall Street Journal.
The U.S.'...
Well, never underestimate the power of pundits to try and manipulate a disaster into supporting their own views. But I'll let this article make most of the arguments:
http://www.mises.org/fullstory.aspx?Id=1712
He quotes Bergsten as saying:
Even worse than the Broken Window fallacy, Babylon...
An article co-authored by a Nobel Prize winning economist and former president of the World Bank (Joseph Stiglitz) shows that simply throwing tax cuts at an economy isn't the best way to help with a recession.
Also:
And last:
http://www.cbpp.org/11-27-01tax.htm
So to summarize, merely...
I received a poll today asking me if I thought that the economy was the biggest problem the president should be concerned with.
I think it is a bit of a trick question becase the president is only one of many factors in the economy.
http://news.yahoo.com/news?tmpl=story&u=/nm/20040727/bs_nm/economy_hell_dc_1
http://www.stlouisfed.org/publications/re/2004/c/pages/fear_of_hell.html
Interestingly, the article in the Regional Economist seems to have been amended. I wonder what it was originally like?
This is a new article in the new Scientific American magazine that just came out.
You have to be subscribed to see this article unfortunately.
I have tried googling the article to see if it would show up, it hasn't...
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