Saturday, September 3, 2016
Thursday, September 1, 2016
Trump's Economic Policy defended
crouchingtiger.net/wp-content/uploads/2015/09/Moodys-Rebuttal-FINAL-June-25-2016.pdf
An analysis and defense of Trump economic policies by one of Trump's prominent economic advisors.
An analysis and defense of Trump economic policies by one of Trump's prominent economic advisors.
Wednesday, August 31, 2016
Monday, August 29, 2016
Austerity, State Budgets, and Education
Note: California does it right !
New York Times . Editorial. 8/29The children entering kindergarten and first grade this school year were not yet born when the Great Recession ended in mid-2009. Incoming high school seniors were not yet in middle school.
But in many states and localities, the wounds to school budgets from recession-era cutbacks are still large, leaving schools with more students and less money. Recent data from the Center on Budget and Policy Priorities shows that as of last year, 25 states were still spending less per student than before the recession, adjusted for inflation, and cuts in seven states exceeded 10 percent. In 31 states, local government spending per student fell between 2008 and 2014, the latest data available (adjusted for inflation). It is safe to assume some improvement in recent years, but even so, there is clearly a long way to go before overall spending catches up with enrollment and inflation.
Some states, however, don’t seem particularly interested in addressing the shortfalls, while others, notably California and Minnesota, have moved decisively to do so.
The difference has at least as much to do with political priorities as financial challenges. In part, persistent shortfalls in school budgets reflect the depth of the recession and the fitful recovery. To a lesser extent, they also reflect stagnation in federal help, which accounts for nearly 10 percent of school budgets.
New York Times . Editorial. 8/29The children entering kindergarten and first grade this school year were not yet born when the Great Recession ended in mid-2009. Incoming high school seniors were not yet in middle school.
But in many states and localities, the wounds to school budgets from recession-era cutbacks are still large, leaving schools with more students and less money. Recent data from the Center on Budget and Policy Priorities shows that as of last year, 25 states were still spending less per student than before the recession, adjusted for inflation, and cuts in seven states exceeded 10 percent. In 31 states, local government spending per student fell between 2008 and 2014, the latest data available (adjusted for inflation). It is safe to assume some improvement in recent years, but even so, there is clearly a long way to go before overall spending catches up with enrollment and inflation.
Some states, however, don’t seem particularly interested in addressing the shortfalls, while others, notably California and Minnesota, have moved decisively to do so.
The difference has at least as much to do with political priorities as financial challenges. In part, persistent shortfalls in school budgets reflect the depth of the recession and the fitful recovery. To a lesser extent, they also reflect stagnation in federal help, which accounts for nearly 10 percent of school budgets.
Tuesday, August 23, 2016
Sunday, August 21, 2016
Why is recovery taking so long—and who’s to blame?
Why is recovery taking so long—and who’s to blame?: We are enduring one of the slowest economic recoveries in recent history, and the pace can be entirely explained by the fiscal austerity imposed by Republican members of Congress and also legislators and governors at the state level.
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