Hey, What’d I Miss? OTE Summary, 7/9 – 7/15

Jul 16, 2012 at 10:26 am

• Looking back on half a century of poverty in America:  in anticipation of this conference from last week, I commented on the efforts we’ve taken (or not) over the past fifty years to reduce poverty.
• Considering the looming expiration of the Bush tax cuts:  President Obama’s plan nails it, but for one itty-bitty part.
• Analyzing some CBO data on household income:  when it comes to federal taxation, there is just no case in the data to be made in any way, shape or form that we Americans are overtaxed.
• From the same new CBO data, tax cuts and transfer increases helped offset a lot more great recessionary income loss than people thought, I think.
• Praising my former EPI colleagues’ rigorous analysis on our jobs situation, particularly the important and oft-overlooked point that public sector jobs beget private ones — there’s a multiplier!
• Noting some more signs that the housing market just might be carving out a bottom.

Bonus:  This sound like The Onion, but I’m pretty sure it’s real.

(H/t: GL)

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