Pulling the Plug on Healthcare Reform

by Jon N. Hall6/16/17
At some of the raucous town hall meetings this year, indignant constituents would tell their representatives that if it weren’t for Obamacare they’d be dead. Actually, if it weren’t for modern medicine they’d be dead; Obamacare is merely a payment system, (and a rather rickety one). More » • (111 views)

Posted in Economics | 9 Comments

Tax Cuts for the Little People

FederalDebtby Jon N. Hall2/13/17
The individual income tax is the largest source of revenue to the largest operation on Earth: the U.S. federal government. In fiscal 2015, the individual income tax alone brought in $1,540,802 million to the feds, or just over $1.54T. More » • (433 views)

Posted in Economics | 3 Comments

Balancing Act

FederalDebtby Jon N. Hall12/12/16
Convening the States, Cutting the Spending, Goosing the Economy  •  While driving down the Interstate on Nov. 17, I turned on my AM radio and tuned in to Glenn Beck. “The Beckmeister” was interviewing former U.S. Senator Tom Coburn (R-OK). More » • (553 views)

Posted in Economics | 7 Comments

Hey, Millennials, Do Deficits Matter?

FederalDebtby Jon N. Hall10/15/16
Progressives have said that “deficits don’t matter.” Even a few conservatives have said as much. Some, however, like Speaker Paul Ryan, worry that the sharp recent rise in the national debt could lead to a “debt crisis,” More » • (379 views)

Posted in Economics | 3 Comments

Millennials and the Obama Legacy

FederalDebtby Jon N. Hall10/4/16
In his 2008 campaign for president, candidate Obama said that the debt run up by Pres. Bush was “irresponsible” and “unpatriotic” and that Bush ran up the debt all “by his lonesome” (short video). Despite presiding over far more debt in his first term than Bush did in two More » • (586 views)

Posted in Economics | 14 Comments

Time and the Pelosi-Reid-Obama Debt

FederalDebtby Jon N. Hall5/27/16
On April 25 at the Media Research Center, Tom Blumer reported on Pres. Obama’s recent trip to England. At a town-hall in London, Obama was asked: “After eight years, what would you say you want your legacy to be?” More » • (560 views)

Posted in Economics | 3 Comments

Inequality in the Personal Income Tax

Taxesby Jon N. Hall    4/16/16
The Individual Income Tax is still the largest source of revenue to the federal government; in fiscal 2014 it accounted for 40 percent of all federal revenue. But huge swaths of Americans don’t pay personal income taxes. More » • (635 views)

Posted in Economics | 7 Comments

Hillary Wants More of Your Money

Taxesby Jon N. Hall    3/3/16
On March 3, CNBC.com ran “Top 1% would see $78,000 tax hike under Hillary” by Robert Frank. Mrs. Clinton seems to be trying to “out Bernie” Bernie Sanders; she’s now going all-out progressive: More » • (723 views)

Posted in Economics | 13 Comments

The Ignored Campaign Issue: the Deficit

FederalDeficitby Jon N. Hall2/17/16
The largest financial operation in the known universe is the United States federal government. For fiscal 2009, that operation ran a budget deficit of -$1.412T, the all-time record. That’s debt at more than -$3.868B a day, more than -$161M an hour More » • (650 views)

Posted in Economics | 11 Comments

Getting ‘Medieval’ on the Top 400 Taxpayers

Taxesby Jon N. Hall    1/31/16
On Dec. 29, the New York Times ran “For the Wealthiest, a Private Tax System That Saves Them Billions” by Noam Scheiber and Patricia Cohen. The article’s blurb was: “The very richest are able to quietly shape tax policy that will allow them to shield billions in income.” More » • (753 views)

Posted in Economics | 7 Comments

Tax Advice for GOP Presidential Candidates

Taxesby Jon N. Hall    1/20/16
Presidential candidates have been trotting out their ideas on taxes. One doesn’t need to spend much time analyzing Democrat ideas, as they like the current system and just want to tax the wealthy more. More » • (1187 views)

Posted in Economics | 19 Comments

Bailouts for Private Pension Funds

Pensionsby Jon N. Hall    12/14/15
For forty years it was illegal to cut certain pension benefits. That changed last December when the Kline-Miller Multiemployer Pension Reform Act of 2014 was slipped into a must-pass omnibus spending bill, which Pres. Obama signed More » • (866 views)

Posted in Economics | 5 Comments