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Hkerryere’s a principles-of-economics question: Suppose the U.S. gross domestic product (national income) is currently $14 trillion. Then suppose the U.S. raised all tariff, income tax, and sales tax rates to 100 percent. How much money would the government collect? If you realized that nobody would generate taxable income under such a regime and answered “zero,” congratulations. ....
America needs a clean, safe, and sustainable energy source. Nuclear power could be part of the solution with the right set of free-market reforms. Congress, the nuclear industry, and many Americans agree that reform of U.S. nuclear policies is necessary, but cannot agree on what those reforms should look like. The nuclear provision in the Senate's new Clean Energy Jobs and American Power Act is a nice nod to nuclear power, but leaves the waters muddied. ....
As the Senate Armed Services Committee readies classified hearings for Wednesday this week on the technical verifiability of the new START treaty, the right wing of the Republican Party has come out swinging. ....
Proposed legislation would offer financial incentives to increase the population density of communities in an effort to reduce greenhouse gas emissions and energy use. However, the available evidence, which is admittedly limited, indicates that such “smart growth” policies are misguided, producing minimal results at great expense and disruption. Such policies would threaten to disrupt the already wobbly housing market, make housing less affordable, reduce housing quality, and substantially limit consumer choice. ....
Been so much talk about afghanistan. this idea about authorization for action in libya, should the u.s. be there, than per coe lating. the house is offering two options, one shows exactly the language of senators kerry and mccain on the senate side which would authorize the use of force in libya, the other would cut away funding. and that s a very different approach and there s been some in both parties especially on the house side who don t believe the united states should be there at all and that the president has not spoken forcefully enough to make a case as to buy the u.s. should have any kind of role in dealing with libya. there s been a real divide and you have heard from people like senator mccain saying it s closer now to moammar gadhafi being toppled. others saying why is the u.s. there at all? ....