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Tag Archives: Barack Obama
Extra Credit Assignment
If I were an econ or math professor I might be inclined to assign an extra credit for a short explanation of Buffett’s tax rate comparison to his secretary’s. Nobody seems to be able to get this much ballyhooed comparison … Continue reading →
Posted in Critical Thinking, Government, Taxes
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Tagged Barack Obama, Buffett, Buffett Rule, Debbie, Tax
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1 Comment
“Why I support Obama”
The photo below came to me via a Facebook friend. It appears to be in the process of ‘going viral’. I thought I might address some of these points in the future. One positive for me is that the author … Continue reading →
An esteemed finance professor agrees with me
There was an excellent opinion piece in the Wall Street Journal today from John Cochrane, finance prof at the University of Chicago. In it, Cochrane repeats something I wrote in 2009 about the root cause of one key problem in … Continue reading →
Posted in Government, Health Care, Reading Recommendations
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Tagged Barack Obama, Insurance, John Cochrane, University of Chicago, Wall Street Journal
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Did you get that hot Christmas toy?
Last night I heard this sound bite from President Obama: If you [colleges] can’t stop tuition going up, your funding from taxpayers will go down. I wonder if he has considered that the funding from taxpayers is the very cause of … Continue reading →
Posted in Economics, Government, Politics, Power of Incentives
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Tagged Barack Obama, Economics, tuition
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2 Comments
Incentives Do Matter?
Commenter Marko, on the Carpe Diem blog asks to this post about President Obama’s State of the Union address: By saying that he wants to cut taxes in certain sectors to encourage or help them, doesn’t Obama admit that higher … Continue reading →
Clarifying questions…
…I love them. Thomas Sowell asks one in his column this week, A Pyrrhic ‘Victory’. Had the Republicans gone along with President Obama’s original request for a “clean” bill — one simply raising the debt ceiling without any provisions about … Continue reading →
Posted in Bad Economy, Economics, Politics
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Tagged Barack Obama, Credit rating agency, Republicans, Thomas Sowell, United State
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OPM
In a speech to Chrysler’s auto workers in Toledo, Ohio today, President Obama said: I placed my bet on you. I put my faith in the American worker. Correction: He placed our bet on them. If he placed his bet, … Continue reading →
Posted in Business, Government, Politics, Profit & Loss
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Tagged Barack Obama, Chrysler
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2 Comments
Good Reason to be libertarian
Thomas Sowell hits on a very good reason to be libertarian in his column, “Enough Money”. Once you buy the argument that some segment of the citizenry should lose their rights, just because they are envied or resented, you are … Continue reading →
Posted in Critical Thinking, Economics, Government, Liberty, Politics
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Tagged Barack Obama, Libertarian, Thomas Sowell
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2 Comments