Taxes kill: Medical Device edition.
Paul Krugman: Keep kicking that “austerity” can. He’s pulling two slights of hand here. First, it’s that he’s using semantics to suggest massive declines in GDP, particularly given what we now know about the multipliers. Second, it’s been “not the right time” since I’ve been a minted economist, going on close to a decade. Keep tabs on this to see when he agrees that it’s a fine time to get our fiscal house in order.
Remember when you could get a “free” Boba-Fet action figure by mailing in some receipts? Neither do I. But here are a bunch more mail-in classics.
Los Angeles government schools “misuse” $170 million in funds intended for childrens’ meals. What a bunch of thugs. Quote of the day on this one:
The most maddening part, and the part that is important to recall the next time any school officials argue that they need more money to provide better meals, is how they managed to conserve the money:
The state Senate report concluded that the eight California school districts examined dramatically understaffed school cafeterias and tended to serve processed foods rather than more expensive fresh foods. Consequently, they were able to hoard large sums of federal and state student meal money that they then diverted to illegal uses, the report said.
You can read the whole report here (pdf). Santa Ana Unified and Baldwin Park Unified were notably running huge surpluses in their food programs while this was going on.
I am sure nutties will be coming out of the woodworks to blame the first major winter storm of the year on Climate Change. They should remember that it used to snow 100 years ago if I recall correctly. Oh, they might read this too. But hey, who needs “peer reviewed science” to form a “scientific consensus?” (there are of course other papers with different results, don’t hold your breath waiting for the nutties to cite them).