mostly politics/economics links
Posted on 2011-10-21 13:41:00
Tags: politics links
Politics/economics: (more economics towards the top, more politics towards the bottom)
Back in 2000 (i.e. when we had a surplus, before the Bush tax cuts), the government wrote a report on why getting to 0 debt isn't a great idea.
Why Greece, Spain, and Ireland Aren’t to Blame for Europe’s Woes - they were invited into the eurozone so they could provide a good return on investment to the more developed countries. Then when the financial crisis hit, other countries cut back on foreign investment., meaning giant deficits. (although this wasn't the only thing going on, but it was a big factor)
Howard Schultz (CEO of Starbucks) has a plan to let Starbucks customers lend money to small businesses through Community Development Financial Institutions. Kinda crazy but I'm interested to see how it turns out!
Robert Reich's seven biggest economics lies - trickle-down economics doesn't work! and so on. And as a reminder, just because 47% of Americans don't pay any federal income tax doesn't mean they don't pay other taxes like payroll taxes, which are somewhat regressive.
Biden Takes Senate Republicans To School On Tiny Millionaire’s Surtax - or, this is how marginal tax rates work!
Lemony Snicket on Occupy Wall Street
The Untold Story Of The Actual Obama Record - hopefully Obama's campaign brings these points up close to next November...
Michael Winslow does a pretty convincing electric guitar!
The coffeeshop fallacy for startups - just because you like hanging out at coffeeshops doesn't mean you'd like running one.
Adobe's deblur plugin which doesn't ship yet (and there are still big technical challenges), but nice!
Rick Santorum is still really really really anti-gay marriage. (I think when he said "he'd die on that hill" fighting for a federal same-sex marriage ban, he didn't mean it literally, but still...)
Comment from flamingophoenix:
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