Last December I wrote here on YPNation that I would try to tithe--to give away 10 percent of my income to charity. Well, I failed in 2009. I was only able to “five” last year (that is, I got to 5 percent). Read more
I had planned my next post to be about the work the Economic Policy Institute has been doing in the last few weeks, including an event on state and local budget relief and the release of a five-point plan for creating jobs and enRead more
It's time to restart the dialogue on the flat tax. It's a policy that has cycled in and out of the national discourse since the 1990s, when the flat tax gathered some momentum across party lines. Jerry Brown, the former Governor of California and supply-side advocate, supported the flat tax in his unsuccessful 1992 campaign for the Democratic Presidential nomination.Read more
Today’s young workers understand they are on their own when it comes to their retirement savings. In a recent poll, young adults (ages 18 to 25) predicted that 61 percent of their retirement income, on average, would need to come from personal savings.Read more
In an era of $2 trillion dollar federal budget deficits, another $10 billion deficit might not seem like that big of a deal. It’s practically a rounding error.
Vexing ourselves over the differences between a "tax" and a "charge" may be an unnecessary distraction from the important debate surrounding health insurance reform. When President Barack Obama does raise taxes, the public may well show a little outrage. But they are unlikely to be too surprised.Read more
All of the major health reform proposals under consideration by Congress include a provision that would require non-elderly citizens to carry health insurance, a so-called “individual mandate.” Though hotly-disputed by politicians, health policy experts of all ideological stripes agree that it is a key component of reform. Read more
The fallout from the financial crisis has not been all bad. In fact, for a few, it's been quite beneficial. Lobbyists, arms manufacturers, big tobacco and dictators, for example, can now feel comfortable introducing themselves at cocktail parties with no embarrassment for their professions. That is, as long as an investment banker is also present. Better still if someone is there who confesses to shamelessly short selling the market. Read more
Maybe it's far too early to gauge whether President Barack Obama's media blitz this Sunday was a success. But I don't think the President did enough to convince the naysayers on health insurance reform. What I saw on Sunday was a man who's trying to keep up with the fast pace of the campaign trail--when the people want him to just slow down and lead.