Posts in Economics
Full speed over the United States fiscal cliff

So the United States didn’t go off the so-called “fiscal cliff.” Instead Republicans circled the wagons, fired inward then gave President Obama and the Democrats almost all the tax increases they wanted in return for — spending increases. Progressive opinion cheered even though the nation and its politicians remain poised atop a real fiscal cliff a trillion dollars high. Click here to read the rest.

Hey Presto, Ottawa

The City of Ottawa is struggling mightily with the “Presto” card for public transit, a cutting-edge late 20th century system where instead of paper tickets or cardboard passes you actually use a digital medium. Wow. Just imagine if, say, banks found out about this concept. One day we might buy gas by swiping a credit card. Or, to fantasize, a cup of coffee with a smartphone app. Click here to read the rest.