Tags: private sector
Despite Britain's New Thatcherites, Only the State Sector Has Recovered
May 5th, 2013
in Op Ed
by Michael Burke, Socialist Economic Bulletin Reposted from Socialist Economic Bulletin The British economy is becoming more dependent on the state. This is revealed in the latest preliminary data for GDP in the 1st quarter of 2013. The preliminary… more »
Current Fiscal Moves are Procyclical, and That's Not Good
March 9th, 2013
in Op Ed
by Warren Mosler ="font-size: medium;">The 2% FICA hike was just over $3 billion per week and the sequesters just over 1 billion per week, for a total of about $5 billion per week. This is not a sudden catastrophic event, but a permanent reducti… more »
French Lobster Leaders Debate Best Way to Pull Their Economy Down
March 5th, 2012
in Op Ed
The following WSJ article brings to mind the old saw about why lobsters never can get out of a pail. As soon as one starts to climb up, the others pull it down. Wall Street Journal, February 29, 2012 French Front-Runner Pledges 75% Tax Bracket By Gabrie… more »
America: From Public Schools To Government, What’s Wrong?
October 21st, 2011
in Op Ed
By Frank Li, Ph.D. I have been thinking about writing on this subject for a while. This recent post (Should the starting salary for a teacher be $60,000?) set me on fire. Here is how that post begins: more »
Deficit Spending: Time to Reframe the Debate
April 8th, 2011
in Op Ed
The next time someone tells you that the US government cannot "afford" to keep its promises to retirees, fund the arts, build bullet trains, and so on, ask them whether they understand a very simple accounting relationship which the author maintains is the most important identity in economics. more »
