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Archive of Articles in the "Taxes" Category

Friday Talking Points -- Rightwing Heads Exploding

[ Posted Friday, February 2nd, 2024 – 18:46 UTC ]

New monthly employment numbers were released today showing a surprisingly-high 353,000 new jobs were created in January. The stock market is currently setting new all-time highs. The American economy has recovered from COVID far faster and far better than all other major countries, in fact. Inflation has come back down, gasoline prices are down, and wages are up (growing faster than inflation). Signups for Obamacare hit another record this year (outpacing last year's record by five million!) and America has the lowest uninsured rate in history. Domestic oil production is also setting records. So what are conservatives obsessed with in reaction to all this good news? Taylor Swift. No, really....

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House Considers Actually Doing Something

[ Posted Tuesday, January 30th, 2024 – 17:10 UTC ]

Can the Republican House get anything at all done? That is a rather open question, seeing as how so far they haven't done much -- this has been the least productive Congress in at least the last half-century, maybe even more. And they've already unceremoniously booted out one speaker (which was unprecedented in American history) and they could easily decide to do so again. Which is why the next couple of weeks could be instructive.

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Friday Talking Points -- Staggering GOP Hypocrisy On Full Display

[ Posted Friday, January 26th, 2024 – 19:00 UTC ]

A staggering amount of Republican hypocrisy is now on full display in Washington. Pretty much ever since Joe Biden took office, Republicans have been screaming: "Border crisis! It's a crisis! This crisis needs immediate action!" This has been reinforced in an enormous way by the rightwing media echo chamber, who features the "Border Crisis!" storyline on a nightly basis for its audience. Scary images of border-crossers are shown, the word "invasion" is tossed about willy-nilly, and the fearmongering of immigrants is paramount.

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Friday Talking Points -- The Changing Of The Vibes

[ Posted Friday, January 19th, 2024 – 17:54 UTC ]

President Joe Biden got some excellent news today: the "vibecession" seems to be over. For those unfamiliar with this neologism, the term was coined by an educator a while back to explain the disconnect between the economic reality (measured by all the economic indicators) and how people actually felt about the economy. The economy has been doing amazingly well in recovering from the COVID pandemic slump, while at the same time public perception has remained a lot gloomier.

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A Chance For Congress To Get Something Done

[ Posted Wednesday, January 17th, 2024 – 16:44 UTC ]

It's mostly been lost in the fray of yet another government shutdown crisis, but there was actually some good news out of Washington this week. Congress (are you sitting down?) could actually be on the brink of doing something. No, really! And even more surprising: they could be on the brink of doing something good.

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My 2023 "McLaughlin Awards" [Part 2]

[ Posted Friday, December 29th, 2023 – 19:20 UTC ]

Welcome back to the second of our year-end awards columns! And if you missed it last Friday, go check out [Part 1] as well.

As always, we must begin with a warning for all readers. It's long. Really, really long. Horrendously long. Insanely long. It takes a lot of stamina to read all the way to the end. You have been duly warned! But because it is so long, we certainly don't want to add any more here at the start, so let's just dive in, shall we?

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My 2023 "McLaughlin Awards" [Part 1]

[ Posted Friday, December 22nd, 2023 – 17:37 UTC ]

Welcome to the first installment of our year-end awards!

As always, we must begin with a stern warning: this is an incredibly long article. So long you likely won't make it to the end, at least not in one sitting. It is -- as always -- a marathon, not a sprint.

We have tried to credit readers' nominations where we could, but writing the whole column is such a frenzied activity that we may have omitted the citations here and there -- for which we apologize. Reader suggestions make our job putting together this list a whole lot easier, and we are indeed grateful for the people who do take the time to do so (and you still have a chance to make nominations for next week's awards, we would point out).

OK, since it is so long, let's not make it any longer and get right to it. Here are our winners for the awards categories first created on the McLaughlin Group television show, for the year that was.

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Friday Talking Points -- Not The Odds But The Stakes

[ Posted Friday, December 8th, 2023 – 18:45 UTC ]

We return after our extended holiday break to a growing realization in the political world. We had already come to this conclusion a while back, but it seems more and more people are now realizing that, barring any force majeure appearing on the horizon, Donald Trump is going to be the Republican nominee for president next year. His polling tells this story plainly: Trump is up roughly 50 points over his nearest competitor nationally, and although his lead isn't quite as commanding in the early-voting states, it is still pretty daunting (Trump is up roughly 30 points in Iowa, New Hampshire, and South Carolina). Voting will begin next month, meaning there just isn't much time left for any of this to change -- and no real reason to think it will.

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Joe Biden Should 'Evolve' On Legalizing Weed

[ Posted Thursday, December 7th, 2023 – 17:52 UTC ]

President Joe Biden seems to be having some trouble getting young voters enthused about voting for him next year. There's a very simple answer to this problem -- one that he should adopt as soon as possible. He should announce that he has "evolved" on the subject of legalizing the recreational use of marijuana for adults, and unveil a new plan to make it happen on the federal level. This wouldn't be anywhere near as risky as the first time the word "evolve" was attached to Biden getting out in front of a political issue. For Biden, it'd be seen as a real Nixon-goes-to-China shift in position, which would only add to its appeal. And it is tailor-made to get young voters to the polls in droves (as well as plenty of older voters as well).

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Friday Talking Points -- What Next? Food Fights In The Cafeteria?

[ Posted Friday, November 17th, 2023 – 18:18 UTC ]

Over 20 years ago -- right around when Arnold Schwarzenegger became governor of our state -- we were fond of shocking people by pointing out: "Politics has become indistinguishable from show business." The entertainment industry and our political system had been slowly merging, ever since the ascension of B-movie actor Ronald Reagan to the White House in the 1980s. But we have to say, we never foresaw the day when politics would become completely replaced by entertainment and entertainment alone. And we seem to be fast approaching that point.

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