Monday, May 19, 2014

Paying congressmen vehicles with tax payer money

Paying congressmen vehicles with tax payer money.

An amendment to end the practice of members of Congress being able to lease vehicles with their official office funds got voted down (196-221).

Over the years, there have been a number of cases where members of the House have leased luxury vehicles like Lexuses and Cadillacs.

Saturday, May 17, 2014

The words more difficult to believe

The words more difficult to believe:

“Everything is fine and the issues are being addressed.”

Wednesday, May 7, 2014

How much slack remains in the U.S. economy?

How much slack (the amount of unused capacity and idle labor) remains in the U.S. economy?

Developers Turn Former Office Buildings Into High-End Apartments.

The share of the workforce that is working part time but would prefer to work full time remains quite high by historical standards.

Wednesday, April 30, 2014

Which is and where is the America’s richest county?

Which is and where is the America’s richest county ?

Virginia's Loudoun County.

Black or African American     7.7%
Asian           16.0%
Hispanic or Latino 12.8%

Foreign born persons, percent, 2008-2012 :22.4%

High school graduate or higher, percent of persons age 25+, 2008-2012   : 93.4%   

Median household income, 2008-2012  :$122,068   


Metropolitan or Micropolitan Statistical Area:
Washington-Arlington-Alexandria.

U.S. gross domestic product in first quarter of 2014

The Commerce Department's Bureau of Economic Analysis announced Wednesday that the economy grew at a paltry, seasonally adjusted annual rate of 0.1 percent in the first quarter of 2014.

Tuesday, April 29, 2014

What is Europe today?

What is Europe today?

A struggle against entrenched interests and hardened habits.

Saturday, April 26, 2014

Why progressive taxation and investment in everyone's education doesn't help to level the playing field?

Why progressive taxation and investment in everyone's education doesn't help to level the playing field?
Because the playing field is economic efficiency.