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economics

This tag is associated with 4 posts

The Midterm Election

If you’re a young adult between 23 and 26 on your mom or dad’s insurance, or you’re a person with a preexisting medical condition, you better thank your lucky stars that Barack Obama is still the president for two more years. His veto pen will be the only thing stopping a bunch of mean old … Continue reading

Poor People Work Hard, Too!

Rich people get all that money by working hard. It’s a truism, yet, unlike so many clichés, is undoubtedly true. I don’t doubt for a minute that millionaire businessmen and Wall Street bankers put in 50, 60, even 70 hour weeks at the office when they’re not embezzling money, stashing assets in offshore tax havens, … Continue reading

Warren Buffett, Still a Grade-A Dick (Expanded Version)

Hey kids, Warren Buffett’s the Good Billionaire™ because he grandstands and writes op eds in the New York Times telling everybody he’d totally take a higher tax rate if only someone would make him pay it. Buffett knows he pays a lower tax rate than his own secretary, and he doesn’t like it, not one bit. … Continue reading

Warren Buffett, Still a Grade-A Dick

Hey kids, Warren Buffett’s the Good Billionaire™ because he grandstands and writes op eds in the Times telling everybody he’d totally take a higher tax rate if only someone would make him pay it. Barack Obama even nicknamed the proposed Fair Share Tax bill The Buffett Rule, which would require people making over $2 million … Continue reading