Tuesday, President Obama proposed a “grand bargain” as part of his jobs tour (a tour that marks the third anniversary of Vice President Biden’s “Recovery Summer” tour). The grand bargain is relatively simple: corporate tax cuts (to 28 percent), including a one-time lower tax on profits earned overseas that would arguably entice firms to repatriate … Continue reading A Grand Bargain?
Concord, NH is about to acquire a Bearcat "tank" with federal grant money, similar to the one that spurred protests from all walks of society in Keene, NH recently. (One Keene councilman looks back and describes the purchase as a "waste of money.") More disturbing is the fact that the Concord police cited "Free Staters" … Continue reading Two Stories from NH
The Economist thinks so, and has dedicated a good deal of space to the question in the newest issue (here and here). A few quotes: Other states and cities should pay heed, not because they might end up like Detroit next year, but because the city is a flashing warning light on America’s fiscal dashboard. … Continue reading The Motor City Mess—A Harbinger of Things to Come?
The Onion mocks so many of us so effectively in this piece titled "Unambitious Loser With Happy, Fulfilling Life Still Lives In Hometown." It must leave Rod Dreher, author of The Little Way of Ruthie Leming: A Southern Girl, a Small Town, and the Secret of a Good Life, smiling! Longtime acquaintances confirmed to reporters this … Continue reading Sunday Morning Quotation – Rod Dreher Is Smiling Edition
I have just posted a couple of my working papers to SSRN for those who are interested. They are as follows: "Public Policy and Quality of Life: An Empirical Analysis of Interstate Migration, 2000-2012" Abstract: Individuals and households choose their political jurisdiction of residence on the basis of expected income differentials and jurisdiction-specific characteristics covered … Continue reading Working Papers on Federalism & Public Policy
Two photos in the news elicited a few thoughts: Photo 1 Even though my brain knows that Japan is a US ally now and that World War II was a long time ago, it was still a bit jarring to see this picture … Continue reading Thoughts on Two Photos
So says the normally level-headed Matt Yglesias: This raises “really tricky legal-type questions” about the permissible scope of eminent domain law, but a fully empowered mayor could get the job done. Detroit famously can’t get 40 percent of its traffic lights to work, and its 58-minute 911 response time for major crimes is abysmal. Abandoning … Continue reading There’s Nothing Wrong with Detroit That a Mailed Fist Couldn’t Solve