Hey, What’d I Miss? OTE Summary, 11/18 – 11/25

November 26th, 2012 at 9:05 pm

Considering inequality and budget deficits:  why is only the latter an emergency?

Taking on pesky brothers-in-law, uncles, and other friendly Thanksgiving dinner antagonists who sputter out worn out arguments along with bits of corn-bread stuffing.

Two posts on the fiscal cliff:  delving into the details of a potential negotiation, and analyzing a small but important point about capping deductions.

Reflecting on immigration and efficiency:  to restate the overstated, there’s a real opening for comprehensive reform coming off of the election — and to do so in the name of economic efficiency.

Mulling over the link between Buddha, balance, and budgets:  on how the philosophy of Buddhism that could advance our politics down a more enlightened path.

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2 comments in reply to "Hey, What’d I Miss? OTE Summary, 11/18 – 11/25"

  1. Tyler Healey says:

    “[I]t’s starting to look like the end of … asymmetric tax policy—rates can only go down, never up—may be upon us. If that’s right, well…tough for Grover, great for America.”

    Why would that be great for America? Whatever happened to the idea that you don’t raise taxes in a recession? A national unemployment rate of eight percent qualifies as a recession, regardless of what NBER says.

    Here’s President Obama in 2009: “The last thing you want to do is raise taxes in the middle of a recession because that would just suck up, take more demand out of the economy and put business in a further hole.”

  2. Jim DuPlessis says:

    One part of immigration reform should involve raising the minimum wage (when the economy improves). Another part should be to establish clear legal routes of entry for temporary workers that establish clear and enforceable ways to ensure that ANYONE working in this country is working and living under the same rights as U.S. workers. (Yes, we don’t do a good job of such protections for U.S. workers, but that’s another discussion). It seems to me that these kinds of moral tariffs would help U.S. workers by reducing unfair labor competition (a real issue) through a deft combination of market and regulatory forces. I’m guessing this would raise more hackles among some on the right than some band-aid extension of citizenship to a precious few.

    The route-to-citizenship issues are politically thorny, but perhaps less so in the ummm… current environment.