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 | Tagged , , , , | 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

Posted in Government, Politics | Tagged , | 5 Comments

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 | Tagged , , , , | Leave a comment

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 | Tagged , , | 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

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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 | Tagged , , , , | Leave a comment

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 | Tagged , | 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 | Tagged , , | 2 Comments