First, it’s odd when you look out of your office window during a sudden rainstorm and see a pair of wild turkeys galloping through your yard. That is, it’s odd if live in an area not traditionally associated with wild turkey foot traffic. As I do. And second, it’s odd when, having blurted out your surprise at seeing a pair of wild turkeys galloping through your yard in a sudden
May 18, 2011
"Trustees Show Permanent Deficits for Social Security"
Lock box! Starting in 2010, Social Security began to permanently spend more than it takes in. This is by far the most important year. From now on, Social Security will require large and growing amounts of general revenue money in order to pay all of its promised benefits. Even though this money will technically come from cashing in the special issue bonds in the trust fund, the money to repay
"Good for Roller Coasters, bad for the Economy"
ALG examines the Bureau of Labor Statistics report for April and finds some troubling dissonance: […] bad news in the employment report was overshadowed by the contradictory claim in the report that 244,000 new private sector jobs were created by the economy in April. While I wish the economy had grown by almost a quarter of a million jobs, it is hard to reconcile this number with the reality of
Gee. Who didn't see this coming?
“The IRS Gets Political,” WSJ: We’re starting to see a pattern here. Since the Supreme Court restored the First Amendment rights of businesses and unions in last year’s Citizens United ruling, Democrats have been searching for a way to claw back control over political speech. The latest bureau to get the memo is the Internal Revenue Service, which may retroactively tax top donors to political advocacy groups. In the crossroads,
Asks Ezra Klein, "Should the votes of the young count more than the votes of the old?"
WaPo: If your response to this is that it’s crazy and offensive, that all American adults are equal and so is their vote, you might want to familiarize yourself with the U.S. Senate, where a Wyoming resident’s vote is worth almost 70 times as much as a Californian’s, or the electoral college, where the presidency could be won by a candidate who loses the popular vote 4:1. All of which