On a train from Paris over the holiday, I received a 25% discount because of my age. The only way the French government can afford to give me that 25% discount is to tax. And as Depardieu's departure to the other side of the old Iron Curtain signifies, this tax can be unbearably high.
It is time to rationalize both the financing and delivery of services to meet the needs of today's aging American population that will live longer and with more functional limitations, but who want to spend these years living to their fullest without being treated like patients.
The high drama of the past months has reached an end. For now, the fiscal cliff has been avoided. Although we know that soon there will be another one. However, how does one compute the toll of worry and anxiety that is has taken on millions of Americans?
After watching the so-called "fiscal cliff" negotiations, I am very concerned that during the next four years you will address only America's immediate needs and maintain the status quo.
A nation whose constitution begins with the words "We, the People" should not be governed through threats and intimidation and lies. It is time to de...
It is ridiculous to measure benefit cuts against a baseline that assumes an extremely unlikely possibility will occur. What is more, Spandan's policy priorities were straight out of the austerity playbook. In effect, he said: "To avoid cutting benefits later, cut benefits now." How about just avoiding cuts altogether?
The message to Congress is simple: Adapt. Figure it out. Make the tough choices. It's what business owners do every day, and it's what Americans have done for centuries.
the GOP's faith in the power of tax cuts has become more intense in the face of mounting evidence that the supply-siders were simply wrong when they predicted that rate cuts would produce economic growth and reduce the deficit.
To help high school students better understand the underlying economic issues I prepared a "mock debate" between Alan Greenspan and Paul Krugman.
Despite such terminology as "fiscal cliff" and "debt ceiling," the great debate taking place in Washington now has relatively little to do with financial issues. It is all about ideology. It is all about economic winners and losers in American society.
This week's Big Ups go to a people speaking up for a change, a young girl with warrior strength, and the return of a bunch of turn of the century British snobs to my living room.
Getting your finances into shape can appear daunting. Breaking it down into categories can help simplify the process. There are five main categories that everyone should tackle.
President Obama and his talented foreign policy team must explain to fellow leaders, in particular their European friends, and the international public at large, what the administration intends to do to avoid the return of the threat of the fiscal cliff
Enshrining self-interest as the sole generator of wealth has enabled the wealthiest to keep 'their' wealth, via the divine protection of an 'invisible hand.'
What characterizes American government today is not so much dysfunctional politics as it is ruthlessly contrived governance carried out behind the entertaining, distracting and disingenuous curtain of political theater.
The fiscal-cliff deal was far from perfect -- but don't sniff at a serious surrender from the GOP. ...