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Daily Archive for October 28th, 2010

Stand Up to This Dangerous Idiocy!

Posted in Uncategorized on Oct 28th, 2010

Robert Reich tells us: Were it not for their economic stresses, Americans wouldn’t be receptive to abolishing the Fed and the IRS, or believe that government and big business were conspiring against them, or turn isolationist. Business leaders should be standing up to this dangerous idiocy, I guess if you call something dangerous idiocy, that […]

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Is Spending Bad or Good?

Posted in Economic Illiteracy, Environment, You Can't Have it Both Ways on Oct 28th, 2010

What if I presented you with the following data on health care costs in the US (these are roughly 2009 dollars)? 1972: $54 billion 1980: $116 billion (doubling in less than a decade!) 1990: $200 billion 2000: apx $320 billion You’d likely point to the 6-fold real increase in “costs” and say, “yep, that’s a […]

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