citizens are told that the only choices they have are to either raise taxes or incur massive layoffs/program cuts. Absent from the False Duopoly is the third option: realign government compensation packages.
I agree completely with the position he takes. But I don’t think that “Duopoly” is the right word here.
Oct 22 2011
Bryan posted a provocative item yesterday in which he made the case for a 10-percentage-point higher income tax rate on immigrants vs. an up-front fee. I have two comments. But before doing so, I emphasize that Bryan and I are both talking about a second-best world in which we can't get our ideal immigration policy--...
Oct 22 2011
He writes, There are no solid theoretical foundations for price level theory in a modern economy where hedonics is very important. It's not just that we're not good at measuring price changes for computers and consulting services; it's not even clear what we are trying to measure in theory. Is "a computer" something...
Oct 21 2011
Adam Schwiebert writes, citizens are told that the only choices they have are to either raise taxes or incur massive layoffs/program cuts. Absent from the False Duopoly is the third option: realign government compensation packages. I agree completely with the position he takes. But I don't think that "Duopoly" is t...
READER COMMENTS
Randy
Oct 22 2011 at 11:17am
Agreed. The entire political class should take a significant paycut. But they are pulling out all the stops to distract the public from reaching that obvious conclusion.
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