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Simple, yet scathing

The New York Times says… administration officials are counting on a lift this summer from the $168 billion economic stimulus package that Congress passed last week and from the Federal Reserve’s recent decisions to reduce short-term interest rates….[CEA Chair Edward Lazear] predicted that the stimulus package would create an additional 500,000 jobs this year. Economics…

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Here’s a shocker

Turns out, New York State’s STAR program failed in it’s primary goal – to reduce the property tax burden. It actually had the opposite of it’s intended effect – it accelerated spending by local school districts, which in turn raises the homeowner’s taxes. I really don’t understand how politicians think. If a whole bunch of…