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Economics Politics Technology

Internet Access Now a Public Utility

The FCC yesterday made a giant decision. They agreed to reclassify broadband under Title II of the Federal Communications Act. In other words, Internet access is now a public utility. This regulation is a huge victory for advocates of net neutrality. I expect a lot of people won’t understand what this means other than the […]

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Economics Politics

Government Spending

This chart shows government spending from 2000 – 2015.  As far as I can tell, there are no tricks, no hidden or partial contexts, no percentage of GDP… Just straight up spending measured here in billions of U.S. dollars. source: tradingeconomics.com As you can see, there is a huge peak in 2010. This peak was […]

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Economics Politics

Why the National Debt was excluded from the 2015 State of the Union Address

In January 2015, President Obama delivered his State of the Union address and during that speech he said that all economic indicators show that this country is better off now than it was when he took office. In the subsequent press conference a reporter asked Press Secretary Paul Earnest if Obama was including the national […]