AltWeeklies Wire
Cash for Clunkers: Buckets of Bolts for the Low, Low Price of $1 Billionnew
Theoretically the Car Allowance Rebate System (CARS) -- aka "Cash For Clunkers" -- sounds like a swell idea. But it's also pretty pie-in-the-sky. I'm not the first to notice that this bill assumes that there are lots of people driving around a car that is worth less than $4,500 and can actually afford a new car.
Pasadena Weekly |
Jennifer Hadley |
07-13-2009 |
Economy
How Slot Machines Are Secretly Designed to Seduce and Destroy Younew
Slots-only gambling parlors located in highly populated areas are precisely the model that Foxwoods and SugarHouse casinos hope to replicate in Philadelphia. Gov. Ed Rendell and others have portrayed slots as a safe medium. The opposite is true.
Philadelphia City Paper |
Isaiah Thompson |
01-13-2009 |
Economy
Connecticut's Millionaires Can Breathe Easynew
Despite a projected $1 billion deficit, Gov. Jodi Rell remains "uncomfortable" with hiking taxes on the very wealthy.
New Haven Advocate |
Andy Bromage |
11-11-2008 |
Economy
Thanks a Lot, Milton Friedmannew
The worst thing that can happen to an economist is for the politicians to come over to his side and actually implement his grand idea. This week, the men who did the task for Friedman in the United States, or at least some of them, had to sift through the rubble in a very public and self-conscious way and explain why it all turned out so badly.
Arkansas Times |
Ernest Dumas |
10-03-2008 |
Economy
As We Enter Year 8 of Recession, Will Anyone Act to Prevent a Depression?
Forget the experts. They think telling the grisly truth about the state of the U.S. economy could make things even worse -- and they're probably right. But Americans know the truth.
