by macromikeAugust 1, 2011
During the “debt ceiling” negotiations over the past few weeks, almost every politician has discussed that the “rich should pay their fair share” of taxes. That phrase, which is overused to the point that it’s meaningless, got me to thinking – is there a “fair” share that anyone should pay in the United States? Let’s [...]
Read the full article →
by macromikeJuly 29, 2011
Here we go again – the macro topic of the day that just won’t die – “What will happen on August 2nd? Will the U.S. default on some debt obligations?” I’ll admit to some surprise – I guessed that the Congress would have approved a debt ceiling increase by now. Perhaps they’ll wait until the [...]
Read the full article →