Aram Zucker-Scharff

newyorker:

John Cassidy on why there will be no great cause for celebration even if a fiscal cliff bill passes both chambers of Congress in the next day or two:

It’s a shoddy compromise that does credit to nobody involved, and it raises questions…

“The Senate, in a pre-dawn vote two hours after the deadline passed to avert automatic tax increases, overwhelmingly approved legislation on Tuesday that would allow tax rates to rise only on affluent Americans while temporarily suspending sweeping, …

Is Growth Over?: parislemon:

Paul Krugman for The New York Times:

Ah, you ask, but what about the people? Very good question. Smart machines may make higher GDP possible, but also reduce the demand for people — including smart people. So we could b…

Before you toast in the new year, check where the government has been allocating your money for the past year with this giant infographic.