Source: Rick Perry — and His Critics — Still Dont Understand Says Law | Mises Wire
Archive for July 10th, 2017
The Powder Keg Of The POTUS
“… A Recession Has Always Followed”: Is This The Real Reason The Fed Is Suddenly Panicking
“There are no episodes in which unemployment rose a bit and remained stable at its natural employment rate. Rather, a recession has always followed.”
Source: “… A Recession Has Always Followed”: Is This The Real Reason The Fed Is Suddenly Panicking
New Jersey’s Welfare State Expanding…Where are the parents?
Money Still Makes Biggest Difference to Kids’ Wellbeing in NJ
Advocates for Children of New Jersey’s annual Kids Count report on the state’s counties has a different look, but the same basic message: wealth makes a difference when it comes to the education, health, and safety of children. The organization released today its 2017 profiles and rankings based on a dozen measures of child wellbeing. Rather… Read the rest of this entry »
Maureen Dowd: Economic Illiterate
In her New York Times column yesterday Maureen Dowd wrote the following, “Bannon [one of Trump’s closest advisers] is right to challenge his colleagues’ claim that the rich pour money from tax cuts back into the economy… If you give a tax cut to people who make a million a year or more, they save the money. But if you give a tax cut to working – class and poor people, they spend the money. So the multiplier effect for the economy is much higher with tax cuts for people who don’t have a lot of money.”