Friday, August 24, 2012
Ryan may be amiable, but his budget plan is full of myths
Peter Orzag covers Five myths about Paul Ryan’s budget in the Washington Post.
Evidence suggests Medicare would be worse under Ryan's plan
In a New York Times column titled Evidence vs. Ideology in the Medicare Debate, Laura D’Andrea Tyson, University of California Professor and Chairwoman of the Council of Economic Advisers under President Clinton, says there is no evidence that Paul Ryan's plan
would control Medicare spending more effectively than the current Medicare program strengthened by Affordable Care Act reforms. Indeed, the evidence points decisively in the opposite direction.Update: Also see Jonathan Cohn's Definitive Guide to the Medicare Debate.
Tuesday, August 14, 2012
The likability problem
Neither presidential candidate exudes warmth, in my opinion. LZ Granderson, a CNN contributor who probably isn't a Republican, had an interesting way of describing Romney's likability deficit:
" ...he comes across like the guy who doesn't wave when you let him into traffic, because in his mind, he was able to merge on his own."
Friday, August 10, 2012
Why Romney’s tax agenda doesn't add up, even if it isn’t a middle-class tax hike
http://taxvox.taxpolicycenter.org/2012/08/02/why-romneys-tax-agenda-doesnt-add-up-even-if-it-isnt-a-middle-class-tax-hike/
Update #1 - David Firestone writes about A Tax Plan That Defies the Rules of Math in the New York Times.
Of course, Romney doesn’t have to raise taxes on the middle-class. He could fix this problem with less ambitious rate cuts on ordinary income, or by raising taxes on capital income. He could pay for his initiative outside of the individual income tax system by increasing corporate taxes—though he says he’d cut them. He could cut spending even more deeply than he’s already promised, though that would hurt low- and middle-income households too. Or he could just add to the deficit.
Thus, the right question to ask Romney is not whether he wants to raise taxes on the middle-class. The right question to ask is which of his campaign promises he will abandon.For your amusement, try out the Obama campaign's tax calculator.
Update #1 - David Firestone writes about A Tax Plan That Defies the Rules of Math in the New York Times.
279 economists: Obamacare will significantly strengthen our nation’s economy over the long haul
http://waysandmeans.house.gov/UploadedFiles/THOMPSON_Economists_Letter_1-26-11.pdf
We write to convey our strong conclusion that leaving in place the Patient Protection and Affordable Care Act of 2010 will significantly strengthen our nation’s economy over the long haul and promote more rapid economic recovery in the immediate years ahead.
An epic hacking caused by Apple and Amazon security flaws
http://www.wired.com/gadgetlab/2012/08/apple-amazon-mat-honan-hacking/all/
This story highlights a terrible lesson: those who shouldn't have to - and certainly don't want to - understand computer security must nevertheless understand computer security.
What should you do? The prominent technology blogger Farhad Manjoo writes about four things you need to do right now to avoid getting hacked. Frankly I'm not totally clear on all of his recommendations. But I'll add one more that I did just now, after reading Mat Honan's article: I logged into Amazon.com and deleted every credit card they had on file for me.
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