tag:blogger.com,1999:blog-4900303239154048192.post890688692995335852..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Why “Entitlement” Cuts and Not Tax Increases Again?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-17041218677932609002018-04-04T13:52:03.583-04:002018-04-04T13:52:03.583-04:00"The consumption of the rich is responsible f..."The consumption of the rich is responsible for most greenhouse gases."<br /><br />So rather than Mankiw's regressive carbon tax, this would suggest we adopt a progressive version of cap and trade!ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-89193457483234355582018-04-03T09:05:35.036-04:002018-04-03T09:05:35.036-04:00Re: "It is entirely plausible that the extra...Re: "It is entirely plausible that the extra consumption from rich people getting showered with the Trump tax cuts will actually crowd out investment and reduce long-term growth. " ---> Not to mention impose unaffordable 'adaptation' costs from resulting climate change on the poor.<br /><br />The consumption of the rich is responsible for most greenhouse gases. And the big discovery is that planet Earth does not generally engage in gradual change. The current methane burp in the Arctic being but one expression of this. "Since the area of geological disjunctives (fault zones, tectonically and seismically active areas) within the Siberian Arctic shelf composes not less than 1-2% of the total area and area of open taliks (area of melt through permafrost), acting as a pathway for methane escape within the Siberian Arctic shelf reaches up to 5-10% of the total area, we consider release of up to 50 Gt of predicted amount of hydrate storage as highly possible for abrupt release at any time. That may cause ∼12-times increase of modern atmospheric methane burden with consequent catastrophic greenhouse warming." [Anomalies of methane in the atmosphere over the East Siberian shelf: Is there any sign of methane leakage from shallow shelf hydrates?<br />N. Shakhova , I. Semiletov A. Salyuk , D. Kosmach]<br />Brenda Rosser<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-25814701079621152412018-04-02T15:31:01.204-04:002018-04-02T15:31:01.204-04:00I looked at gdp/national debt ratio---seems to go...I looked at gdp/national debt ratio---seems to go up (actually down--flip the curve over--from a potential surfvace to a fitness landscaep) in 1940's (ww2_ and then down and then back up around iraq war or 2008. herstory repeates itself. <br /><br />one could also look at gdp/national debt/per capita. probably give similar picture or selfie. one could look at personal debt (fake PhF student debt/condo/drug/meds/ mi rehab ) compared to GDP , debt, etc. <br /><br />Steven Pinker (famous linguist, ethical altruist, who has proven everything is getting better--using the cambridge metric (gauge theory--if my life is getting better over here, its getting better everywhere --u can use QALY's or utilitarianism. one more war is 1 more NSF grant). Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-54959438257321004422018-04-02T05:01:50.681-04:002018-04-02T05:01:50.681-04:00Jonathan Chait says it very well:
http://nymag.co...Jonathan Chait says it very well:<br /><br />http://nymag.com/daily/intelligencer/2018/03/conservative-economists-turning-back-to-debt-hysteria.html<br /><br />Hat tip to EMichael over at Angrybear's comment section!ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-28886712129804643252018-04-01T09:47:35.049-04:002018-04-01T09:47:35.049-04:00Because they also want more tax cuts, and again, ...Because they also want more tax cuts, and again, focused on upper income folks.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.com