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Daily Archive for July 8th, 2010

Quis Custodiet? We Are …

Posted in Macroeconomics on Jul 8th, 2010

The new site from CGR is Govistics, highly recommended. Here’s a tidbit: New York State spends $11,524 per capita – in a state where median HH income is $56,000. That’s just the state. Add to that another $10,000 of spending by the federal government and you see that for a typical New York household, state […]

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Taxes and Growth

Posted in Macroeconomics on Jul 8th, 2010

Warren Meyer has a couple of posts showing how government involvement in the auto market and housing market only served to push forward planned purchases of these assets, with no change at all in the trajectory of consumption. Here is one of his charts: The point I’d like to make is that supporters of stimulus […]

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