Re: The Macroeconomic Effects of Eliminating Automatic Reductions to Discretionary Spending Caps

Donald Steiny Economics, Politics Blog Leave a Comment

This is a copy of a letter the CBO sent to the Senate explaining why lifting the Republican’s (insane) sequestration would boost the economy and help lower the deficit and debt of the country. In other words, they agree with the vast majority of economists, that the simple minded attempts to lower the deficit and debt have increased it, or …

American Public Health Association – Association Between Connecticut’s Permit-to-Purchase Handgun Law and Homicides

Donald Steiny Blog, Gun Control, Politics Blog Leave a Comment

This is a test of the idea that all handguns have to have a permit, including ones bought at gun shows and from current gun owners. In Connecticut, it lowered homicide  40%.   Objectives. We sought to estimate the effect of Connecticut’s implementation of a handgun permit-to-purchase law in October 1995 on subsequent homicides.Methods. Using the synthetic control method, we …

Seattle City Council Committee Passes Radical Resolution to End Youth Detention | South Seattle Emerald

Donald Steiny Blog, Politics, Politics Blog, Prisons Leave a Comment

Finally, some enlightenment! I predict that crime in Seattle will go down.  Now we have to not allow criminal records to be public after the punishment is over (except for certain types of sex offenders), end jail for drug “crimes” (legalize drugs), allow ex-felons to vote, get college grant money, and provide them a path back  into society.  Empty the …

Richest 1% will own more than all the rest by 2016 | Oxfam International

Donald Steiny Blog, Economics, Politics Blog Leave a Comment

I can’t help but wonder if this is sustainable. I doubt it and so I wonder how soon we will reach a breaking point.  Extreme inequality isn’t just a moral wrong. We know that it hampers economic growth and it threatens the private sector’s bottom line. Winnie Byanyima Executive Director, Oxfam International The combined wealth of the richest 1 percent …