The upcoming vote is just an amazing economic history event happening as we watch it.
Shutdown Shuffle
The reclassification of employees is not a solution to this problem.
I was watching Futurama this evening and the tag line for the show came on and said “You can’t prove it won’t happen.” What a great slogan for the forecasting class. It is an awesome example of prediction that cannot be verified or validated until too long into the future.
Continue reading Forecasting Class Mantra?
The Gephardt Rule Returns
The House passed the Gephardt rule and essentially says they will not take two votes on every fiscal matter. Not a fiscal panacea but some return to adult behavior.
National Debt Discussion
The national debt is typically only a concern for the party out of power, if at all. In such a case it is a convenient foil to majority’s plan to increase spending or raise taxes.
Continue reading National Debt DiscussionI enjoyed watching this hearing on the national debt and the economy from the House Financial Services Committee and decided it would be a good thing to post.