tag:blogger.com,1999:blog-3621026.post5613414735102688174..comments2024-03-29T06:05:04.162+01:00Comments on Robert's Stochastic thoughts: Roberthttp://www.blogger.com/profile/14455788499385673507noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3621026.post-33658782056744149552009-11-28T14:10:37.767+01:002009-11-28T14:10:37.767+01:00Dear Bruce. Thanks for pointing out the typos. I...Dear Bruce. Thanks for pointing out the typos. I just had a manusript rejected and can't respond civilly. It is best for me to stop typing now. I will just say that on substance I absolutely totally utterly disagree with you. <br /><br />I have saved my angry reply. I can e-mail it if you want but it is long and unpleasant in tone.Roberthttps://www.blogger.com/profile/14455788499385673507noreply@blogger.comtag:blogger.com,1999:blog-3621026.post-34212041490263479162009-11-28T01:33:23.765+01:002009-11-28T01:33:23.765+01:00Bruce left a comment over at Kevin's.Bruce left a comment over at Kevin's.Rdanhttps://www.blogger.com/profile/15285598945075456626noreply@blogger.comtag:blogger.com,1999:blog-3621026.post-91059188933448185742009-11-27T21:44:21.120+01:002009-11-27T21:44:21.120+01:00First the picky stuff.
"Cutting social securi...First the picky stuff.<br />"Cutting social security pensions is not like cutting medicaid or subsidies for the currently uninsured. It is like cutting medicaid"<br />In context the second 'medicaid' should be 'medicare'<br />"It would be a tax increase on rick people"<br />At first read I saw 'sick' rather than 'rich'.<br /><br />On the substance. Obama's donut hole concept and the raise for earners over $250,000 was terrible medium and long-term policy and politics. Short version it erodes the political insulation of Social Security by moving it from an insurance model to an welfare model and also undercuts support for allowing Bush tax cuts to expire by seeming to be taking two bites at the apple.<br /><br />I want to get effective rates on the wealthy back up to Clinton era or better Reagan era levels. Screwing around with the cap just allows them to say they are contributing more already and this just proves that FDR's original model was fatally flawed all along. Neither serves the long term progressive agenda.<br /><br />Longer version <a href="http://angrybear.blogspot.com/2008/06/soc-sec-xvii-cap-increases-donut-holes.html" rel="nofollow" rel="nofollow">Soc Sec XVII: Cap Increases & Donut Holes</a> AB Series Jun 6, 2008. One reason I was cool to Obama before the election.Bruce Webbhttps://www.blogger.com/profile/13222670342780912788noreply@blogger.com