Posts Tagged ‘fiscal policy’

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    More Taxing Decisions

    May 21, 10 • 254 Views • No Comments

    Would you support a penny an ounce tax on sugar sweetened beverages? According to the NY Times and The New England Journal of Medicine, the idea is becoming increasingly attractive to many municipalities. By putting on our economic glasses, we can better...  [read more]

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    The Young Old

    May 15, 10 • 220 Views • No Comments

    Having read that Greek fiscal austerity involves raising their average retirement age from 53 to 67 and that their life expectancy is 79.5 years, I thought of the Social Security Act of 1935 and then 2035. When Social Security was enacted in 1935, 5.4%...  [read more]

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    A Contagious Disease

    May 6, 10 • 224 Views • No Comments

    Seeing the Bloomberg Businessweek headline, “Greek Contagion Spurs Surge in Portugal, Spanish Debt Swaps,” I started thinking about diagnosing fiscal illness, treating it, and contagion. How can we diagnose the illness? The illness...  [read more]

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    A (Mind Boggling) Entitlement

    Apr 21, 10 • 218 Views • No Comments

    I guess we can all agree that citizens have basic rights. But vacations? “Traveling for tourism today is a right. The way we spend our holidays is a formidable indicator of our quality of life,” according to Antonio Tajani, the European Union...  [read more]

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    Social Insecurity

    Apr 3, 10 • 232 Views • 1 Comment

    Is there a “lock box” with surplus social security funds? Sort of.   In 1983,  when we had inadequate funding for the social security program, a commission led by Alan Greenspan suggested extra sources of revenue for a Social...  [read more]