Search results

I think what is obvious in this thread is that the reliance on property taxes which assumes that real estate values only go up, is not working. It is also clear that rising property taxes destroys real estate asset value. All the declining cities in America are characterized by declining city...

Piezoe, since I am being lazy I will post here another critique of Romer and your claim here. This was written by my close friend Micheal Rulle, he is the former CEO of CIBC-Oppenhiemer and now runs his own hedge fund, he is a Quant guy and I defer to him on statistical analysis. He is also...

Piezoe, Here is a quote from Christina Romer taked from the Council of Economic Advisors at the White House Web site. She wrote this on July 28, 2010 and referred to the paper she wrote before she joined government...before she started trying to say her inconvenient facts could be changed...

Piezoe, you accused me of writing drivel (ck sp), you said I was ideological, you said I misstated facts or that I had no facts, you said I had a closed mind and you generally dismissed everything I have written in this thread without specifically citing to anything I wrote and showing how and...

Best Towns with train commute to NYC of less than 1 hour (CT, NY, NJ) have average home prices of over $1M for regular houses on small lots and taxes are about 20K per million of assessed value. In a town like Summit, NJ you can pay $1.5M for a 3,500 square foot small 4BR house that is over...

Logic man, not all tax cuts are the same. Not all tax cuts promote growth through investment in assets. That is a nuance that most on Right do not understand. Many people who call themselves conservatve support all tax cuts and suggest that all tax cuts will produce growth, many think that...

Piezoe, you can employ the tactic of attacking me personally, but for your argument to hold together you have to deal with Romer. Logic man sees that; its obvious. Convertibility and Brass who you cite to, rely on Romer; and Romer contradicts you. As usual a personal attack usually signals an...

Ghost of Cutten, you are right that Keynes makes clear in his Generl Theory that he recommends government investment and not consumption or indescriminate spending. Keynes did not consider the deficits that government carries today, he did consider that sovereign solvency would be an issue. He...

Logic Man, of course she repudiated her own findings. She wrote the seminal paper at Berkely that concluded that tax cuts were more effective as stimulus than government spending but then she was tapped by Obama to head his counsel of economic advisors where all of the other players wanted to...

Oldtime, sorry, I appologize. I didn't appreciate the joke. You are aboslutely right to laugh at point 4...it is absurd; isn't it? I must have lost my sense of good humour from all the 'rat bastard' name calling.

Piezoe, you wrote: "one fact remains overwhelmingly supported by actual economic data and that is that increased spending is a far more effective means of stimulating the economy in times of recession than are tax cuts." That is simply wrong. You say it, but you offer nothing to show it, not...

5. Eliminating capital gains will generate substantial government revenue. It never has when it was tried before. It has only raised taxes in the quarter before the tax increase goes into effect and thereafter the revenue declines until it stabilizes at a lower than projected level. It always...

Common Oldtime, you cannot think this shallow tax musing by a self confessed 'progressive' journalist has any merit to you. Greg Anrig who wrote these specious '10 reasons' is a political partisan and not much of an economic thinker. He runs a progressive think tank called New Century and he...

Well Toc at least we revealed the essential nature of your commentary at its exposed core. Mindless insults and slurrs, poorly written and devoid of any intelligent argument. What are you doing on an economics page...stalking people?

Toc, you are the 'King of Sentence Fragments', and the 'e.e. cummings' of capitalisation on this forum! Don't you remember that little smilely face you put on your previous post? Once you get over the Asian slurr, it was the most literate part of your post.

Tic Toc, OH, I see you are also about beating; why not give reason a chance? And, seriously, what is with the racial slur against Asian's in your graphic widget?

Again TOC, again; you seem challenged by language. I am not 'twisting your words'; I just leave them the way you write them...'between' imparts a position and an opposition...stated differently, if you are talking about 'between head'; two heads are better than one. Here is a good example...

Covertiblilty, I read all the articles and papers you linked to in your comment. The Washington Blog had a lot going on in it that could be commented on...the reasoning and facts were terrific. However, it has nothing to do with fiscal stimulus and the concept of a 'money multiplier' for...

"Which PLANET the funds for more investments are coming to the US Treasury from?" Huh? Are you suggesting that third parties are 'investing' in U.S. Treauries? Are you suggesting that they should not be 'investing' in U.S. Treasuries? Are you commenting on an intention to invest funds...

Trefoil, you explain here that your original comment was a bio-diversity metaphore of hemispheric scope trying to make an economic development point of 'generalism,' and not an accurate account of historic development. Kodak did not kill Rochester any more than a single industry killed...