Archive for the ‘New Posts’ Category

What’s the Fed Up to? Podcast version.

June 13th, 2017

Sure, you can read the posts here at OTE, and be [choose as many as apply: better informed, entertained, annoyed, put to sleep]. And/or, you can listen to the latest episode of OTE podcast while you’re exercising, cooking, chilling, etc. Get it on SoundCloud, iTunes, Stitchr, Google Play, or TuneIn. This episode is all about the Federal Reserve, which is meeting as… Read more

One more point about the KS legislature’s KO (Kansas Override) of supply-side tax cuts

June 12th, 2017

I’ve been citing the KO–the Kansas legislature’s override of Gov. Brownback’s veto, thus pulling the plug on the state’s failed experiment with supply-side tax cuts–ever since I heard about it, as have many others. The story raises welcome hopes that moderate R’s might be waking up to the fiscal reality that many constituents value public goods… Read more

Recycling an oldie/goodie: You wanna whack this and future recoveries? Get rid of Dodd-Frank

June 8th, 2017

Sorry to recycle, but with the Comey hearings sucking up all the air, folks may have missed that today the House today passed that fahrblunget bit of chazari known as the Choice Act, which largely repeals Dodd-Frank financial reform (it requires D votes in the Senate, so a much heavier lift over there, thankfully). Back in… Read more

This word “deregulation.” I don’t think it does what you think it does.

June 8th, 2017

A quick note on “deregulation,” which is the other half of the mantra, i.e., the phony growth recipe–“tax cuts and deregulation”–you hear endlessly repeated in uninformed DC conversations. I’ve been in these conversations for decades and I have no idea what these people are talking about and neither do they. What, specifically, do they want… Read more

KS legislature for the win!

June 8th, 2017

Really happy to see the Kansas legislature reject the predictably failed supply-side tax cut “experiment” that’s been whacking the state’s coffers since 2012. Over at WaPo but one extra note here. I’ve heard some supporters of the cuts–and there are surprisingly few, which I consider another gain for humanity–argue: “But KS is adding jobs; GDP… Read more