Economics

Dispatches from the Creation Wars

Category archives for Economics

Part 1 reviewed our slowly declining economic growth rate while Part 2 revealed the long-term stability of federal tax receipts coupled to a recent decline to the point we’re paying less in federal taxes relative to the size of the economy than we have in sixty years, in spite of the creation of Medicare. We…

As Ed blogged soon after last November’s election, climate denialist Rep. Shimkus* was a leading contender for Chairman of the Committee on Energy and Commerce who ultimately crafts energy and climate policy for the House of Representatives. I reported here Tuesday that Mr. Shimkus* lost his bid for that role to Rep. Fred Upton (R-MI).…

Two days ago we considered GDP growth rates in the post-WWII era. Here’s what federal receipts relative to their respective year’s GDP look like while also considering growth rates. (You can click on all my graphs to move from these displayed thumbnails to the actual size.)

I think it’s safe to assume a policy battle between the incoming House and the Obama Administration regarding mitigation efforts due to global warming will be both incredibly ugly and ultimately harmful to U.S. and global interests. John P. Holdren, Assistant to the President for Science and Technology and Director of the Office of Science…

Correction: I believed I had downloaded real GDP data in 2005 dollars to graph. It appears that is not what I orginally downloaded but instead GDP that was not chained. I’ve updated the graph. Since I was commenting on the old graph below, I’ll strike-out that which is not true and emphasis in bold what…