John Irons's Blog


Economic News, Data and Analysis

Tax Plan

American Prospect Online – ViewPrint
A Tax Plan for Progressives
T@P A simpler and fairer tax code — one that rewards the hard work of the American middle class — can be good policy and smart politics.
By John S. Irons and John Podesta
Issue Date: 06.06.05
For four years President Bush has touted his tax cuts as an economic cure-all, but middle-income workers have instead watched helplessly as the tiny tax cut they received has gone to pay for higher property taxes, tuition increases, and exploding medical costs. While the conservatives’ tax initiatives have wreaked havoc on people barely living on their paychecks, wealthy taxpayers have enjoyed ever-higher incomes taxed at stunningly lower rates. Furthermore, Bush’s tax cuts have wrecked public services and undermined prospects for long-term economic growth.
Progressives share a responsibility to not only oppose the conservative tax program but to offer a sensible alternative: reform to make our tax system fair, simple, and fiscally responsible. We need to see to it that middle-class Americans get the relief they need, and that our nation has the wherewithal to make the investments it must…

Filed under: Economics, Economy

Greenspan’s Not Looking too Good

Someone over at the graphics department at CNN has too much time on their hands…
Long-term Treasury yields are low. Will they keep falling? – May. 26, 2005

Filed under: Economists

When does Greenspan go?

Fed chairman addresses Wharton commencement – May. 15, 2005
“The 79-year-old central bank chairman must step down early next year when his term on the central bank’s board expires at the end of January.”

Filed under: Economists

Me too, plus Pozen’s cuts

I want minions too…
But also read the DeLong bit on Pozen’s plan…

Brad DeLong’s Semi-Daily Journal
Nice to hear that it’s up. It would be *very* nice to have minions who constantly scanned the internets for things of interest to me. Technorati and Google are very nice, but more would be better…
The piece, I think, is quite good and makes a bunch of good points. But I actually don’t think it’s a plan to kill Social Security–it’s floundering around in the hope of gaining traction by proposing something progressive:

Filed under: Economics