Tag Archives: trickle-down economics

At 10, #Opportunity Shows Us Where Our Priorities Ought to Be

The next time someone talks about cutting NASA’s budget either because we can’t afford it or we need to spend the money elsewhere, please show them this. NASA’s Opportunity at 10: New Findings from Old Rover (http://www.nasa.gov/jpl/mer/mer-news-20140123/#.UuU7wRAo5D-) It’s an incredible … Continue reading

Posted in corporate taxes, corporate welfare, politics, tax reform, taxes, trickle down economics | Tagged , , , , , , | 1 Comment

It’s On #MiddleClass America to Save America

I can’t imagine anyone arguing that America does not need a healthier, more economically viable, active, and growing middle class. Sadly, I also can’t imagine much argument that the exact opposite is dramatically evident. The question now is what are … Continue reading

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Farewell QE, you have been a magnificent success – Telegraph

See on Scoop.it – DidYouCheckFirst The moral contours of QE depend on your angle of vision. But would you rather be surrounded by mass unemployment? Greg Russak‘s insight: This article is pretty wonky, and I don’t profess or pretend to … Continue reading

Posted in bail outs, capitalism, economy, politics | Tagged , , , | Leave a comment

Concentrations of Wealth and Poverty

See on Scoop.it – DidYouCheckFirst Greg Russak‘s insight: Amazingly clear and detailed “view” of where wealth is concentrated. Drilling into zip codes shows remarkable details without being overwhelming. This is simultaneously revealing and mesmerizing. As I looked at it, I … Continue reading

Posted in economy, politics, trickle down economics, wealth distribution in America | Tagged , , | Leave a comment

GOP is literally killing its base

See on Scoop.it – DidYouCheckFirst Slashing food stamps will decrease the life expectancy of poor rural whites, many of whom put Republicans in office Greg Russak‘s insight: "The late journalist Joe Bageant (a self-described “redneck leftist” and author of the … Continue reading

Posted in GOP, politics, Republicans, right-wing, tea party, tea-baggers, trickle down economics | Tagged , , , | Leave a comment

Taxing Truths, Especially for Conservatives

And taxes stayed pretty much just that way for the next 15 years, until the early 1960s. Importantly, this was one of the most successful eras in US economic history. The middle class boomed, the economy boomed, and the stock … Continue reading

Posted in Ayn Rand, Republicans, tax reform, taxes, tea party, trickle down economics | Tagged , , , | 4 Comments

Republican Voters: You’re Shutting Down Yourselves and Your Neighbors

Whether shutting it down temporarily or shrinking the government permanently, the facts are that doing so tends to hurt the people in Republican states more than other states and to greater degrees than Republican voters seem to realize or are … Continue reading

Posted in capitalism, class warfare, Congress, conservatives, economy, federal budget, Federal debt, free market, Gilded Age, GOP, greed, job creators, jobs, middle class, neo con, politics, Republicans, right-wing, Roosevelt letter, tea party, trickle down economics, U.S. Debt, wealth distribution in America | Tagged , , | 1 Comment

Let’s #NeverForget915 and the Lies of Trickle-Down Economics

On this, the 5th anniversary of the bankruptcy of Lehman Brothers, Americans should take time to pause and remember this as yet another heinous crime of historic proportions perpetrated on Americans on a day in September. It wasn’t terrorists and … Continue reading

Posted in bail outs, Citizens United, Coffee Party, deregulation, economy, Fannie Mae, Freddie Mac, Gilded Age, Glass-Steagall, greed, Greenspan, JPMorgan, libertarianism, middle class, politics, Reagan, richest 1%, stock market crash, TARP, The Invisible Hand, trickle down economics | Tagged , , , , , , | 3 Comments

Whale-Sized Gambles, Lies, and Empty Apologies

Wall Street is the apex of legal gambling. It always has been. It’s not called gambling, of course, but we should understand that that’s precisely what it is. Perhaps the question for those of us living in a free market … Continue reading

Posted in Citizens United, Coffee Party, trickle down economics, Wall Street | Tagged , , , , , , , , , , | 3 Comments

“Bankers Are Balking at a Proposed Rule on Capital” Gretchen Morgenson – The New York Times

See on Scoop.it – DidYouCheckFirst “Over the next two months, the regulators proposing this rule will no doubt encounter a lobbying buzz saw. Mr. Hoenig (vice chairman of the F.D.I.C.) said he and his colleagues were bracing for that. Bankers, after … Continue reading

Posted in politics, free market, deregulation, capitalism, economy, greed, richest 1%, Wall Street, CDOs, poor, bail outs, regulation, middle class, credit default swaps, wealth distribution in America, CPB, BofA, corporate taxes, Bank of America, trickle down economics, Gilded Age, Occupy Wall Street, corporate welfare, JPMorgan | Tagged , , , , | Leave a comment