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Tag Archives: stupid

U.S. Government Debt as a Percentage of GDP

Robert Reich On Tax Cuts

Posted on September 30, 2017 by Tony Lima

Reich is an idiot. If you must read what he says, you should assume the truth is the opposite of what he claims. Continue Reading →

Posted in Current issues | Tagged featured, Reich, stupid, tax cuts

The SEC is Trapped in the Twentieth Century

Posted on May 20, 2014 by Tony Lima

BUT, guess what, under U.S. laws, investors have a ten-day window to file their report. Continue Reading →

Posted in Current issues | Tagged Ackman, archaic regulations, congress, SEC, stupid

Want to Know Why the U.S. Economy is a Wreck? Watch This Video

Posted on February 20, 2014 by Tony Lima

Gene Sperling is the chief White House economic adviser. I’ve long suspected that people who go to work in Washington, D.C., are required to have half their brains removed when they cross the beltway. This pretty much confirms that hypothesis. Continue Reading →

Posted in Current issues | Tagged minimum wage, Sperling, stupid

Kathleen Sebelius Doesn’t Know Any Economists

Posted on February 18, 2014 by Tony Lima

On the other hand, given the administrations choices for other cabinet posts, we should probably be happy that Ms. Sebelius remains in her post. However, it’s clear that Kathleen Sebelius doesn’t know any economists. Continue Reading →

Posted in Current issues | Tagged ACA, economist, featured, Sebelius, stupid

Are Markets Stupid?

Posted on July 26, 2012 by Tony Lima

This statement is positively Krugman-esque. Serious economists know there are limits to monetary policy. Continue Reading →

Posted in Current issues | Tagged Draghi, ecb, stupid

Our Favorite Economist Tony Lima

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Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Why I will not use government data from now on

Last Tweets

  • RT @BillHanage: Have noticed a few pedestrians in N95s crossing against the light recently. At the very least this suggests a deg… https://t.co/0vrRcF4bUm, Aug 15
  • RT @TheRabbitHole84: Research noted a 'red shift' in Democrat males when they were given testosterone administrations. https://t.co/4Qb5ASI7qi, Aug 14
  • RT @blameaspartame: welcome to my business https://t.co/dhzvUWO46u, Aug 14
  • RT @jodiecongirl: for next time people lament how many people are going into debt for a seemingly unnecessary degree https://t.co/7l2J5qJjfF, Aug 14
  • RT @jodiecongirl: the CPI is 295.271 do not make me break out the graph again https://t.co/p5IpJqYoZV, Aug 14

Websites I Like and Use

  • Board of Governors of the Federal Reserve System
  • Federal Deposit Insurance Corporation
  • Federal Reserve Bank of Boston
  • Federal Reserve Bank of Minneapolis
  • Federal Reserve Bank of St. Louis
  • Political Calculations
  • California Pension Tracker
  • Dan Mitchell's Analysis of Tax Issues

My Other Blogs

  • My musings about technology and strategy
  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan

GonzoEcon History

Recent Posts

  • Are IRS Audits Really That Bad?
  • The State of U.S. Education in 2019: Comparing the States
  • The Tax Foundation Dissects the Inflation Reduction Act of 2022
  • Does a Recession Really Have To Have 2 Consecutive Quarters of Negative GDP Growth?
  • CNBC Chasing Headlines and Clicks

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  • Are IRS Audits Really That Bad? August 9, 2022
    Are IRS audits really that bad? There will soon be 87,000 new IRS agents.  With 674 billionaires in the U.S., that's not who will be audited. Continue Reading →
    Tony Lima
  • The State of U.S. Education in 2019: Comparing the States August 8, 2022
    The state of U.S. education: test scores from the NAEP, spending from the Census Bureau, and a measure of state price levels from the BEA. Continue Reading →
    Tony Lima
  • The Tax Foundation Dissects the Inflation Reduction Act of 2022 July 29, 2022
    Bad advice is coming from economists who perennially favor of tax increases. Nobody knows whether tax increases reduce inflation. Continue Reading →
    Tony Lima
  • Does a Recession Really Have To Have 2 Consecutive Quarters of Negative GDP Growth? July 27, 2022
    Does a recession really have to have 2 consecutive quarters of negative GDP growth? No. The Business Cycles Dating Committee makes this call. Continue Reading →
    Tony Lima
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