Mulvaney justified cutting the social safety net, and the scientific one too, by describing this budget as "taxpayer friendly". Clearly, a swipe at Romney's 47% diatribe.
Well, here's some factoids. The current income tax is the result of the 16th amendment. The first tax levels
Later that year, Congress enacted the Revenue Act of 1913. The tax ranged from 1%…Continue
One of the most predictable, and (of course) predicted, results of Brexit would be inflation. The UK gets a lot of widgets from the EU, and the Pound has dropped more than a bit (13%, as of the article). As mentioned many times in these missives, inflation has three forebears:
- demand pull
- cost push
- wage push
The Right Wingnuts always attribute any bit of…Continue
Or some sort of speaker in tongues. McCain's clearly gone senile.
Much pundit bloviating, especially from the Left, over the last few weeks has centered on three subjects: the incompetence of Donald J. Quisling's governance, the lack of legislative accomplishment, and approval in the 30 percents. The conclusion? Donald J. Quisling isn't getting anything done. If you're any kind of quant or macro policy analyst (other than the au courant tsunami of customer manipulation applications), you would be quite wrong to feel complacent. Donald J. Quisling is doing…Continue
Ya think the shit kickers in West Virginia, and elsewhere, might be feeling a tad betrayed? Or, are they really so stupid that Guns, God, and Abortion will keep them loving Donald J. Quisling?
When Budget Director Mick Mulvaney assumed the podium in the White House briefing room last week and previewed the administration's 2018 budget, Heather Block's fears quickly…