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ADismalScience

ADismalScience

Garden-variety moralist/economist/solipsist.

On Public Apology: Dear Girl From California

Carpe scrotum!

Posted on April 30, 2009 at 4:57 pm 0

On iFlu

I so called this.

Posted on April 30, 2009 at 4:16 pm 0

On Social A's: However Do You Integrate Terrible Events With Your Online World?

"Except in one corner of the mall there’s a funeral going on, right next to where the goat play happens."

This is pretty much the only thing I've ever read on the internet that produced a laugh/cry reaction.

Posted on April 30, 2009 at 2:37 pm 0

On WHO Pandemic Phase 5

Well, great. The nutjobs have already started talking about showing up at the border with guns and nobody is getting their lawns mowed in the Hamptons. Fabulous.

Posted on April 29, 2009 at 7:28 pm 0

On Swine Flu: What To Do?

We could call it the Mexican Flu, but that makes it impossible to distinguish from everything else in Mexico that gives you dehydration, the shakes, and vomiting. Which is pretty much unavoidable unless you cross the border in full NASA spacewalk gear replete with bottled water and freeze-dried sustenance.

Posted on April 29, 2009 at 10:52 am 0

On Social A's: How You Should And Shouldn't Do Karaoke

I'll do you one better.

http://www.thetyser.com/

Posted on April 28, 2009 at 2:44 pm 0

On Social A's: How You Should And Shouldn't Do Karaoke

Stalwarts:

"Whole Lotta Love"
"Suffragette City"

But my favorite and most influential karaoke bit has been "Runnin' With the Devil." Get the squeals just right and ye shall be worshipped. Tip: it only works if you have tequila in your bloodstream.

Posted on April 28, 2009 at 2:24 pm 0

On Understanding How Obama Is Not Robbing The Rich For His Scary Social Agenda

My rejoinder is dismissive because you use a disputed conjecture as the basis for your argument against relief for small businesses. You chose to fill your posts with witty insults instead of a fair treatment of arguments on both sides. I understand it's an opinion piece, but your brevity weakens your argument. So, silly you.

As for the revenue function, my argument was not that we can't all enjoy the benefits of Federal projects like the highway system, defense, etc. My argument was that placing control over the funding for those projects to an increasing degree in the hands of a few grants those few an inordinate amount of control over the operations of government. Increasing taxes on the wealthy while reducing them for other classes is the path to oligarchy at best and pay-to-play at worst.

Posted on April 27, 2009 at 4:59 pm 0

On Understanding How Obama Is Not Robbing The Rich For His Scary Social Agenda

I meant net margin. You reduce the topline figure and inevitable arrive at a lower result. As for the customer base, they deal with the consequences of profitability pressure every day. It's difficult to extrapolate the impact of a corporate tax on the price of a gallon of milk or a plasma television, so that's why this debate is so poorly informed. But either the worker gets screwed as part of cost reductions to re-inflate net margin or the customer pays more.

Or the pressure goes to the supply-side, and then you have companies like Wal*Mart running around fucking over suppliers.

Posted on April 27, 2009 at 4:23 pm 0

On Understanding How Obama Is Not Robbing The Rich For His Scary Social Agenda

As for your dismissive/borderling factually incorrect statements about small business employment: http://tinyurl.com/chaszm

The other thing that seems to get lost in all of this is that "corporate taxes" are, quite simply, reductions in gross margin. Those costs will be passed to equity holders and distributed amongst firm employees, but they will also be realized as price increases. So that's not quite a win.

The core of the issue, though, is a shift of taxation responsibility to a smaller base of Americans. While I empathize with the "plight of the common man" and agree that taxes on the middle class are high, the top 10% of wage earners pay something like 74% of all taxes. That means two things: 90% of Americans are getting a pretty good deal in terms of services on their tax bill (yay!) and 90% of Americans have extremely limited sovereignty. By concentrating funding sources, the Federal Government also forms a more intimate relationship with the nation's wealthy, surrundering more control over our political agenda to a few rich guys.

And you can minimize tax increases all you want, but they do create tradeoffs within an economy that not everyone would be comfortable with. So, you know, I guess there's that.

Posted on April 27, 2009 at 4:00 pm 0