Another week, another distraction for the Romney campaign. This latest flap, though, is instructive. The revelation that Romney told donors that nearly half all Americans are basically freeloaders offers insights into the core ideas — or myths, as it turns out — that animate modern conservative thinking. Of the Americans who don’t pay federal income […]
Blog: Policy Shop
Posted inMoney, Politics, and Power
Freeloader Fabrications
Another week, another distraction for the Romney campaign. This latest flap, though, is instructive. The revelation that Romney told donors that nearly half all Americans are basically freeloaders offers insights into the core ideas — or myths, as it turns out — that animate modern conservative thinking. Of the Americans who don’t pay federal income […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Miracle: OCC Investigating J.P. Morgan for Money Laundering
The weather may be cooling, but the summer of money laundering is far from over. Well, there hasn’t really been an uptick in banks looking the other way on dirty money (they have for years), it’s that regulators are finally stepping up. Thomas J. Curry, the Comptroller of the Currency. The attention to money laundering […]
Posted inMoney, Politics, and Power
Miracle: OCC Investigating J.P. Morgan for Money Laundering
The weather may be cooling, but the summer of money laundering is far from over. Well, there hasn’t really been an uptick in banks looking the other way on dirty money (they have for years), it’s that regulators are finally stepping up. The attention to money laundering began with a shocking report by the Senate […]
Posted inMoney, Politics, and Power
Miracle: OCC Investigating J.P. Morgan for Money Laundering
The weather may be cooling, but the summer of money laundering is far from over. Well, there hasn’t really been an uptick in banks looking the other way on dirty money (they have for years), it’s that regulators are finally stepping up. Thomas J. Curry, the Comptroller of the Currency. The attention to money laundering […]
Posted inMoney, Politics, and Power
History Lesson: Tax Cuts Are No Magic Bullet
No idea is more central to conservative economic thinking than the belief that cutting taxes leads to higher economic growth. One can certainly understand the appeal of this belief: It would be great if government could collect the same amount of revenue, but with much lower tax rates, because those rates fostered strong growth. Alas, […]
Posted inMoney, Politics, and Power
History Lesson: Tax Cuts Are No Magic Bullet
No idea is more central to conservative economic thinking than the belief that cutting taxes leads to higher economic growth. One can certainly understand the appeal of this belief: It would be great if government could collect the same amount of revenue, but with much lower tax rates, because those rates fostered strong growth. Alas, […]