Aug 25 2010

Prime Time

Well, you have just as good an idea as I do what yesterday’s rainout did to the Little League World Series schedule.

Were it not for my contractual obligations I’d skip this diary tonight,  Instead I’ll offer a half-hearted and sketchy effort that in no way does justice to my usual stellar performance.

You see my marginal tax rate might rise so I’m going pro-actively Galt.

Later-

Dave hosts Drew Barrymore and Katy Perry.  Jon has Brian Williams (ugh) and Stephen Jeffrey “Let’s Bomb Iraq Iran” Goldberg (double ugh).

Alton does Pad Thai.  The Family That Slays Together, Stays Together Part 2– Brock leaves!  Henchman #24 Dies!  Part 3 of the 3 Part Season 3 Finale.

In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?… the Great Depression, passed the… Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?… raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression.

Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. “Voodoo” economics.

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12 comments

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  1. Ladies and gentlemen, you are such a wonderful crowd, we’d like to play a little tune for you. It’s one of my personal favorites and I’d like to dedicate it to a young man who doesn’t think he’s seen anything good today – Cameron Frye, this one’s for you.

  3. No ‘Mercy’ rule tonight.

  4. Just like rootin’ for the Mets.

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