Barack Obama, presiding over an unusually dismal post-recession economy, might make matters worse with a distracting crusade against the minor and sensible business practice called "inversion," more about which anon. So, consider his credentials as an economic thinker.
A riot can be many things.
Critics of the Republican-led General Assembly allege that the teacher-pay raise included in this year’s state budget could have been implemented in a much simpler fashion: by giving across-the-board hikes to all rather than giving large raises to early-career teachers and relatively small raises to some experienced ones.
This far into the human story, only the historically uninstructed are startled by what they think are new permutations of evil. So, when Russia sliced Crimea off Ukraine, Secretary of State John Kerry was nonplussed: "You just don't in the 21st century behave in 19th-century fashion by invading another country on completely trumped up pretext."
The most important thing the legislature did this year is what it did not do.
At this point, you really have to wonder: Is it still news when a Republican says something asinine?
On the off chance it is, let us spend a few moments pondering the strange case of Alabama Rep. Mo Brooks, who said last week that the Democratic Party is waging a "War on Whites."
Two key concerns in our economy are unemployment and inflation. We want both to be low. When unemployment is low, more people have jobs and earn income. When inflation is low, the dollars we earn don’t lose purchasing power as fast. That is, our dollars buy more with low inflation than with high inflation.
Today I’ll offer my own top fiscal priority for 2015: saving for a rainy day.
North Carolina legislators have been to school in the complications and frustrations resulting from tax policy changes. Some of this session’s conflicts were a result of changes made to the state’s tax codes in 2013.
Justin Wolfers, writing in the New York Times’ column “The Upshot,” a couple weeks ago had a sobering message for those on both sides of the partisan fight in North Carolina over extended unemployment benefits.
"...but we tortured some folks." -- President Barack Obama, Aug.1, 2014
OK, in the first place: "tortured some folks?" Really?
About 5:15 p.m. on June 17, 1971, in the Oval Office, the president ordered a crime: "I want it implemented on a thievery basis. Goddamn it, get in and get those files. Blow the safe and get it."
Things are good!
Sometimes, like the other day, I want to get up and shout it out.
Maybe you already know about this. Maybe you read on Slate, saw on Colbert or heard on NPR how a developer qualified for tax benefits under New York City's Inclusionary Housing Program by agreeing to add to its new luxury building on the Upper West Side a set number of "affordable" apartments.