Archive for the ‘New Posts’ Category

Sweden vs US: Does Inequality Matter?

June 26th, 2011

Neil Irwin has a nice piece in today’s WaPo comparing how Sweden did in the global recession compared with other advanced economies.  Answer: a lot better. The piece cites better fiscal and monetary policy (the former, more prepared for a downturn; the latter, a more aggressive policy stance); a deeper, more reactive safety net; flexible… Read more

Hey, the NLRB Proposed a Good, Progressive Idea!

June 25th, 2011

Something kind of progressive just happened that you might have missed: The National Labor Relations Board proposed a new idea to help level the playing field for workers who want to organize a union. A little background: under current law, once 50% of employees petition for union representation, the employer can voluntarily choose to waive… Read more

Income Info

June 25th, 2011

In discussions of tax policy, folks like me tend to throw around references to “income fifths,” “the top 1%,” and such without enough context.  Below is a graph which shows the actual income levels in 1979 and 2007.  Unfortunately, 2007 is most recent year for this very comprehensive income data set published by the Congressional… Read more

Who Gets Hit?

June 24th, 2011

Earlier today I pointed out that revenue in the budget deal is not inconsistent with recent Republican talking points if the revenues come from cuts to tax expenditures.   A question was raised: wouldn’t it be more regressive—meaning hit middle and lower income people harder—to raise revenues through cutting tax expenditures than through higher marginal rates?… Read more