Category Archives: Economist

Liberal/Conservative Tax Policies

It seems to me…. “Taxes are what we pay for civilized society, for modernity, and for prosperity.  The wealthy pay more because they have benefitted more.”  ~ Jill Lepore[1]. Tax reform recently approved by Congress, though long overdue, while correcting … Continue reading

Posted in Barack Hussein Obama II, Budget, Census Bureau, Cheney, Congress, Congress, Conservatives, Conservatives, Debt, Debt, Debt, debt, Deficit, Deficit, Deficit, Donald Trump, Economy, Economy, Economy, Education, Education, Education, Education, education, Education, Financial, Financial, Financial, Gini Coefficient, Gini Coefficient, Ideology, Ideology, Inequality, Inequality, Inequality, Infrastructure, Infrastructure, Infrastructure, infrastructure, Infrastructure, Infrastructure, Jude Wanniski, Laffer, Laffer Curve, Liberals, liberals, Mexico, Mexico, Mexico, News, Newspaper, Obama, Obama, Paul Krugman, Personal, Reagan, Research, Research, Research, Research, research, Stimulus, Stimulus, Taxes, Taxes, Taxes, Taxes, Taxes, Trump, Virginia Tech, Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

Posted in AI, Artificial Intelligence, Automation, Automation, Caucasian, Demagogue, Economics, Economist, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Income, Income, Industrial Revolution, Inequality, Jobs, Jobs, middleclass, Non-Hispanic, Populism, Poverty, Robotics, Technology, Trump, Unemployment, Unemployment, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Tax Reform

It seems to me…. “Tax reform is taking the taxes off things that have been taxed in the past and putting taxes on things that haven’t been taxed before.” ~ Art Buchwald[1]. There currently is considerable discussion regarding tax reform … Continue reading

Posted in Ability-To-Pay Principle, Benefits Principle, Burden, Bush, California, Chile, Clinton, Consumption Tax, Deadweight Losses, Deficit, Deficit, ECON-101, Economics, economics, Economist, Education, Excise Tax, France, France, Healthcare, Highway Tolls, Income, Income Tax, Infrastructure, Kansas, Korea, Market Inefficiency, Mexico, Obama, OECD, Organization for Economic Cooperation and Development, Payroll Tax, Price Elasticity, Progressive Tax, Property Tax, Reagan, Sales Tax, Security, Tax, Tax Code, Tax Reform, Taxes, Taxes, Taxes, Transactions, Value-Added Tax, VAT, Wealth Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Potential Employment Changes

It seems to me…. “I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.” ~ Tyler Cowen[1]. There is considerable evidence that technological advancement is eliminating job categories, … Continue reading

Posted in AI, AI, Architects, Artificial Intelligence, Artificial Intelligence, Automation, China, clerical, Computer, Computing, Economic, Economist, Economy, Education, Employment, Employment, engineer, Europe, Food, Globalization, Globalization, healthcare, Hospitality, Income, Inequality, Jobs, John Maynard Keynes, Keynes, Labor, Low-Skill, Luddites, Luddites, Lyndon Johnson, Manufacturing, Manufacturing, Middle Class, New York Times, Off-Shoring, Offshoring, Outsourcing, Productivity, Protest, Protest, Recession, Retraining, Retraining, Robotics, Sales, skilled, skills, Technology, Training, Upper-Income, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments