What Romney Is Hiding In His Tax Returns

Those steamy love letters to the IRS come back to haunt Mitt Romney.

How America Spends

The Article: How The Poor, The Middle Class And The Rich Spend Their Money by Jacob Goldstein and Lam Vo in NPR.

The Text: How do Americans spend their money? And how do budgets change across the income spectrum?

The graph below answers these questions. It shows average household spending patterns for U.S. households in three income categories — one just below the poverty line, one at the middle of the income distribution and one at the top of the distribution.

Both the similarities and the differences are striking.

Continue Reading

Two Door Cinema Club’s “Sleepy” Hit

Even though it’s called ‘Sleep Alone’, the Irish band’s latest track is pretty lively.

Romney’s Lies On Medicare

Yes, $716 billion is cut from medicare. But it’s mainly administrative; in other words the cuts do not take away from its beneficiaries.

A Tale Of Two Headlines

The differences in how CNN and Fox News reported Obama’s desire to extend tax cuts to those earning less than $250,000 a year.