You don't need to run a surplus for 30-50 years. The UK massively reduced debt to GDP without running a surplus for more than half a dozen of the years between 1945 and 2008. You just need modes… (View Post)

During the Eurozone crisis, one policymaker observed something like "we know what we need to do to end this crisis. We just don't know how to do it and get elected again". It's pe… (View Post)

Indeed. The tweet basically reads as "the lawyer said I'm guilty as sin." Of course, reality may be different .. (View Post)

You work in the gay porn industry? (View Post)

In California: Federal tax - 37% California income tax - 13.3% Total is therefore slightly over 50%. But there's more! On top of this, property taxes are massively higher than in the UK. (View Post)