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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95

My Dad turned 95 yesterday. Here is a (partial) family photo.

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Sunset

Sunset from our house at the northern outlet of Hale Passage.

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Northern Mountains

Our house sits on the north end of Hale Passage (hence the name of this blog). On a clear day we can see the mountains north of Vancouver, B.C. Click here for a zoomable panorama.

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New Home for Escapade

About a week ago, we  moved Escapade from Blaine to her new home in Bellingham.  Look closely in the accompanying photo (near the center) and you’ll see her.  Click on the photo to zoom.

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View from Hale

Mt. Baker and Bellingham as viewed from Hale Passage.Our house from Hale Passage

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