Since the end of the presidential election last week, I’ve been seeing a lot of tweets and blog posts that will say something like “takers outvoted the makers”(see here, here, and here for examples). I find the “makers and takers” narrative fascinating. I’ve found few other narratives that so quickly and easily divides Americans . . . → Read More: Who are the makers and the takers?
Did you know that 355,000 people were laid-off last week because Obama was re-elected? Or, at least, that’s what many Conservative activists would have you believe. Apparently, there is this growing meme going around the internet that companies are laying people off because Obama and “Obamacare” is here to stay. This is all likely . . . → Read More: Debunking Those So-Called “revenge”/”Obamacare” Layoffs (w/Math)
I know this blog is mostly about budgets and economics, but this is so terrible and receiving such little press, I’m going to make an exception. Today, is “Bill of Rights Day”.
In 1941, President Franklin D. Roosevelt declared December 15 to be Bill of Rights Day, commemorating the 150th anniversary of the ratification of . . . → Read More: Bill of Rights Day celebrated despite loss of 4th, 5th, and 6th Amendments.
Warren Mosler in a short, but sweet post announced that he’ll at the ongoing OccupyWallStreet protest on Saturday.
I’ll be at Zuccotti Park, northeast park corner near their library area at 1pm on Saturday.
All invited to drop by!
If there’s any MMTers in New York, you might want to stop by. Wish I could . . . → Read More: Warren Mosler is going to Occupy Wall Street
The site is recovering after an incompatible theme upgrade. Please be patient as you see a lot of changes, real fast on the site. I apologize for the inconvenience.
Update: Sorry about the temporary problems. They have been resolved. As a result, OurDime also has a new look. Hope you like it.
Wednesday morning I wrote about how ridiculous it is to fight over non-security discretionary spending in order to “balance” the budget when it only accounted for 13% of the budget last year. Then, later that night, Jon Stewart did a little skit pointing out the exact same fact. You can watch the video below(the important . . . → Read More: Jon Stewart Must be Reading This Blog
Why do we have an election “day”? I was thinking about this today while I stood in line to vote. In the age of on-demand rentals, super sonic jets, and email on our mobile phones… why does it take 2, 4, even 6 years to change our minds on who should be running our country? . . . → Read More: Election “Day” is an Outdated concept
It’s Monday, so not ease back into the work week with some humor. From Allgov:
Nobody likes taxes. The problem is that the United States government needs money—lots of it—to do all the things we want it to do. So we tend to think of taxes as unpleasant necessities. I believe we can eliminate taxes completely. We just need . . . → Read More: Putting an End to Taxes
I hope you’ll forgive the completely off-topic nature of today’s post, but I wanted to share with you my new hero. A person that should be on the poster’s and t-shirts of any worker who has ever had to deal asshole customers.
Steven Slater was a flight attendant. A flight into New York yesterday was . . . → Read More: Steven Slater: Jet Blue Flight Attendant And My Hero