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Averages taxes (Fed, state, local) as share of income in the US was steeply progressive in 1950. By 2018 it

November 21, 2020

Averages taxes (Fed, state, local) as share of income in the US was steeply progressive in 1950. By 2018 it had become staggeringly flat with top 400 paying least of all! Saez and @gabriel_zucman endorsed by @PIIE
piie.com/microsites/how… https://t.co/1R9QKg4QZb

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys

June 28, 2022

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in

June 28, 2022

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in the US in 2023. thedailyshot.com/2022/06/28/bus…

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below

June 28, 2022

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below pre COVID trend at the