by Dave Johnson | Oct 11, 2010 | Blog
America used to have a top tax rate of around 90%. This meant that after a person earned a lot of money in a year, additional income beyond that amount was taxed at the higher rate. Back then government worked a lot better. We didn't have deficits, the schools and...
by Dave Johnson | Oct 8, 2010 | Blog, Economy
The September jobs report is out and conservatives got exactly what they wanted: less government, less stimulus, less aid to states, less help for small businesses, less infrastructure investment, less help for the unemployed and ... a bad jobs report. Conservatives...
by Dave Johnson | Oct 8, 2010 | Blog, Economy
Just a short note here, to repeat and amplify what Krugman said: And right now, by any rational calculation, would be an especially good time to improve the nation’s infrastructure. We have the need: our roads, our rail lines, our water and sewer systems are...
by Dave Johnson | Oct 7, 2010 | Blog
In the 1992 campaign the Clinton War Room had a famous sign that read, "It's the economy, stupid!" This meant that the central theme of the campaign was the economy. President Obama's downturn-fighting war room needs a sign, too. The sign should read, "It's the...
by Dave Johnson | Oct 6, 2010 | Blog
President Lyndon Johnson is said to have commented that the press is like birds sitting on a telephone line. When one flies away, they all fly away. This week they are all flying around squawking "currency war!" But the world has been in a currency and trade war for...
