I already posted on McCain’s gas-tax-holiday proposal. But what about the other things he said in his big economy speech in Pittsburgh today? Here’s my summary of the main points, with my commentary in italics. 1) Jimmy Cayne and Angelo Mozilo are naughty men who got paid lots of money for being naughty. But I’m [...]
So I guess John McCain has decided to write off the subway riders’ (and bicyclists’, and Prius drivers’) vote. In a big economic speech this morning he said: I propose that the federal government suspend all taxes on gasoline now paid by the American people — from Memorial Day to Labor Day of this year. [...]
Arnold Kling writes: My daughter who is a freshman left a message that she wants me to explain macro to her. I can do that, in the sense that I can teach what is in her textbook. In reality, however, macro is a muddle that no one can explain. The undergraduate textbook, a graduate textbook, [...]
