The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.
True or false?: “Since 1980, the U.S. government has reduced its intervention in the U.S. economy, which has become much more of a free market. Conservatives embrace this outcome, while progressives object to it.” Read more »
Dear Dr. Dollar:
What are the similarities and differences between structural adjustment in the
rest of the world/Third World and structural adjustment in the United States? Read more »
Is New York Times columnist David Brooks right that growth in “entitlements”—government programs like Social Security, Medicare, and Medicaid—“will bankrupt the country”? Read more »