"Joy and pleasure are as real as pain and sorrow and one must learn what they have to teach. . . ." -- Sean Russell, from Gatherer of Clouds

"If you're not having fun, you're not doing it right." -- Helyn D. Goldenberg

"I love you and I'm not afraid." -- Evanescence, "My Last Breath"

“If I hear ‘not allowed’ much oftener,” said Sam, “I’m going to get angry.” -- J.R.R. Tolkien, from Lord of the Rings

Friday, October 29, 2010

"Our Economy Is An Ecosystem"

Watch this (the audio is weak). And then read Karoli's post:



The gentleman who accuses Hanauer of misrpresenting the "no taxes creates growth" case doesn't ring true to me. Illinois has relatively modest taxes (give or take the 10% sales tax in Chicago), and it's hurting. And I don't see that Washington is an economic powerhouse right now -- it's running about median in unemployment, at 9.1%. Angry Bear has some information on corporate tax rates and their relation to unemployment. I don't see much of a pattern there, and I suspect the relationship between unemployment and the marginal tax rates for the very wealthy is even sketchier.

Done on the fly -- nail me if I'm wrong on this, but I think I've got a good take.

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