Paul Krugman delivers a striking critique of the Republicans' recent House budget, calling it one of the worst legislative acts in modern U.S. history. He warns it jeopardizes millions by draining essential government support and mismanaging fiscal responsibility through tax cuts for the wealthy. Krugman proposes actionable steps to rectify this, advocating for appropriate taxation of the wealthy and corporate accountability. Discover his insights for a better budget here:
https://paulkrugman.substack.com/p/what-a-decent-budget-would-look-like #PaulKrugman #FiscalResponsibility #BudgetAnalysis #TaxPolicy #HealthcareEconomics #PoliticalAccountability
What a Decent Budget Would Look Like
Imagining a Congress that was neither cruel nor irresponsible
#ProgressiveEconomicsReeves's budget is a shift towards social democracy, but sustainable growth is uncertain. Labour needs to secure public patience for a path full of bold moves, steadying hands, & maybe… a few mistakes. Can they?
#BudgetAnalysis #FutureofLabour #PublicTrust #Budget2024 #Labour https://www.theguardian.com/commentisfree/2024/nov/01/reeves-budget-labour-revolution-public-trust After Reeves’s historic budget, Labour has time to pursue its revolution. What it needs now is public trust
The government is operating in an unforgiving time and lacks capital with voters. It will be crucial to address that, says Guardian columnist Martin Kettle
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#OnlineCalculator is simple. For example, the Washington Post recently reported these budget numbers: the cost of President Biden’s American Jobs Plan was lowered to a proposed $1.7 trillion over eight years, while Senate Republicans countered with an $800 billion proposal...
#DeanBaker pointed out, Biden’s proposal “. . . is a bit less than 0.8 percent of
#GDP...
https://cepr.net/press-release/new-tool-helps-reporters-put-us-budget-numbers-into-perspective/ #CEPR #BudgetAnalysis #USABudget
New Tool Helps Reporters Put US Budget Numbers Into Perspective
Washington DC — There are a lot of big numbers that go into reporting about the federal budget. The Center for Economic and Policy Research (CEPR) can help put those big budget numbers into context with its updated online tool, the “It’s the Budget, Stupid” Federal Budget Calculator. The online calculator is simple. For example, […]
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Julian D 🏳️🌈 #FBPE #RejoinEU
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