Morgan Super
Cliff diving (economist)
The collapse of the super committee has many mourning the last chance at a
“grand bargain,” a sweeping reform of taxes and spending that puts the deficit
on a convincing, downward path. Over at At RealClearPolitics, Alexis
Simendinger helpfully reminds us:
> In truth, current law has accomplished a “grand bargain” in deficit
reduction over the next decade … Washington’s default governance could
deliver more than $7 trillion in deficit reduction in the next decade if
Congress and the president do nothing but campaign next year.
The problem, of course, is that this grand bargain is perversely structured to
do maximum damage for minimum benefit. I’ve tried to compile the various tax
increases and spending cuts scheduled to kick in over the next 14 months, with
the help of research from J.P. Morgan, ISI Group, and the CBO. The results are
in the table at the right and they illustrate that America faces two fiscal
cliffs in the next 14 months.
The stuff that expires or takes effect in coming months adds up to $359
billion, or 2.4% of GDP. The stuff that expires or takes effect a year later
is another $385 …
racing an historic morgan roadster
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Morgan $4.5 Morgan Hudson commanded a lot of respect as Buckhorn’s biggest, baddest sheriff. How one petite city woman could turn him on his head was a mystery, not to mention being downright aggravating. But Misty Malone did just that, and Morgan couldn’t wait till she went back where she belonged. But then he discovered why she’d come in the first place. Misty Malone had hoped to take refuge with her sister, who’d just married into a family of sinfully attractive brothers. They all treated her like gold–all but one. Morgan seemed to think she was some sort of femme fatale, out to seduce his brothers. But seduction was the last thing on her mind. Foremost was the baby she was secretly carrying. And then, how to avoid the sexual sparks flying between her and Morgan. |
