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Alan Simpson – FAIL again
More from Alan Simpson, the man who wants to cut your social security: Simpson said that while every interest group that testified before his committee agreed that the mounting federal debt is a...
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Obsessing on Deficit When Unemployment Is 9% Is Silly
From Alan Blinder via Brad deLong (bold emphasis mine): Alan Blinder: The Economic Silly Season Is Upon Us: ‘Debt ceilings’ and ‘job killing’ spending are two dumb ideas. Obsessing on the deficit while...
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CEO’s Pay Grows, Average Worker Pay Stagnates
The top end of the income distribution has recovered from any ill effects of the Great Recession, but the average worker has not. CEO’s in particular saw their compensation increase 27% in 2010, while...
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There Is An Efffective Way to Reduce Government Deficit: Employment. But They...
In the whole crazy, unnecessary debate over raising the debt-ceiling law, politicians, reporters, and commentators all spoke as if there were only two ways to reduce the government deficits. Nearly...
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