Economics

One way I intend to use this blog is to present links to economic or political sites and data that I think are relevant. Here are some examples:

  • Bush tax cuts did not spur economic growth or increase government revenue — they reduced revenue and growth was so-so: here

  • Reagan’s tax cuts did not result in increased government revenue: here

In other words, supply-side economics are completely wrong, and we are still on the left side of the Laffer curve (see this).

  • The high deficit began under Bush and is a direct result of the economic downturn, not Obama’s policies: here

  • Social Security is not in trouble: here and here.
  • Fanny and Freddie and the Community Reinvestment Act were minor players in the housing bubble: here and here
  • The effects of wars, Bush tax cuts, the economic down turn, and the recovery measures on projected future deficits: here

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One Response to Economics

  1. Some truly nice stuff on this site, I like it.