The 1-4-10 Wall Street Journal ran an article about the history of Prohibition in the US. Cited in the article was a reference to a prominent Yale economist, Irving Fisher, who predicted a ban on alcohol would guarantee a 20% rise in industrial productivity. He cited “scientific tests” that proved alcohol diminished a worker’s efficiency Read the full article…
As of 1-1-10 there is no longer an estate tax in the United States. Has the Obama administration lost their mind? Have they abandoned income redistribution? Neither. They and Congress just missed another deadline. The Bush administration tried to do away with the death tax, but Congress and the Democrats would have none of that. Read the full article…
According to Bloomberg, a cornerstone of the Obama plan to spend $8 billion to upgrade the US utility grid is not working. There is a lawsuit in California against PG&E Corp, California’s biggest utility, after hundreds of complaints that the smart meters installed in homes don’t give accurate readings. Plus, the high cost of the Read the full article…
