Thursday, December 16, 2010

Tax deal: A weak stimulus + Working poor take home less under tax deal + 51 million will take home less

[mEDITate-OR:
not see the true cost(s)...
and what the benefits ARE
vs
what they c/w/should have been.
Even IF we give the most rosy view of the so-called "compromise" as CNN does, it is still not a very good deal. IF, however, we use the least rosy view, this is a very, VERY BAD deal, for U.S.
And, in the 2nd chart we see how puny the tax on the very rich was. "Much adieu about nothing", much.
However, when we look at the last chart, we see what works best.
Then compare what we DID, vs what we c/w/should have done.
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chart_tax_vs_social.top.jpg
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comp0.gif
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shorttermstim.png
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Forgetting about Demand, Once Again
http://www.econbrowser.com/archives/2010/12/forgetting_abou.html
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Shades of Grey
http://nutwoodjunction.blogspot.com/2010/12/shades-of-grey.html
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