So, it doesn't actually matter what we smart people think ... at the end of the day it all depends on the lawmaker who has to go home and explain to a cash-strapped, about-to-be-foreclosed voter why he just signed a massive potential tax increase to save the hides of the loan shark who sold him the loan, the finance company that bought it, and the financial engineer who designed it.
Still, I am flabbergasted.
Bailout Bill Fails in House Vote Amid Defections in Both Parties
They are solving for the (electoral) equilibrium
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Social Security also got quietly more generous during this period. Each
year, the Social Security Administration compares the C.P.I.-W (the
Consumer Pric...
10 hours ago
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