Wednesday, January 27, 2010

PeP Link Farm

Saab is officially undead.

Union membership dropped 10% last year. Which makes it all the more galling that the House won't vote on the senate health care bill so as to appease unions (why appease them when they are disappearing).

Ezra Klein wonders why Obama is proposing the discretionary budget freeze in a vacuum as opposed to using it as a negotiating ploy. I wonder myself, seems like an unforced error.

Garret Jones has a provocative twitter- If you want to decrease spending increase earmarks.

Chuck Schumer and Orrin Hatch have an op-ed in the NY Times proposing a temporary cut in the employer portion of the payroll tax to stimulate employment. This is something we should have done with the first stimulus.

Ezra Klein has a sort of stupid take on the Hatch proposal, but not completely wrong. He sees the virtue of the proposal as harnessing the rich's irrational desire to avoid taxes. I think most would simply note that its chief virtue is reducing the cost of hiring someone. I suppose though they are two sides of the same coin.

Raghuram Rajan proposes eliminating deposit insurance. It's certainly a provocative proposal.

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