In Wednesday’s debate Mitt Romney repeated his claim that cutting individual and corporate income taxes creates jobs. But when you look at what actually happened, the periods when we had the highest tax rates were the periods we had the greatest job and economic growth. And the periods with lower taxes had lower job and [...]
Is smaller government really better for the economy? Conservatives chant that taxes and government “take money out of the economy” and we need to “cut and grow,” meaning if government spending is cut way back the economy will grow as a result. Europe’s conservatives are also forcing cuts in the things their governments [...]
Have you heard about Zombie ACORN? The conservative media is a-twitter with ACORN sightings over a year and a half after the right wing succeeded in killing off the voter-registering, community organizing group. Behind the 99% in the Occupy movement is ACORN, did you hear? They just won’t die.
It’s ironic. The [...]
Here is everything you need to know about how to fix the deficits and jobs problems. This is a chart of job creation over the last few years:
There is a report in Saturday’s New York Times, “White House Debates Fight on Economy,” saying the Obama administration is choosing between doing very little [...]
Ohio’s Capitol building is adding a bar that will sell beer, wine, and liquor, and feature “private happy hours” for Ohio lawmakers.
There will be no guns allowed in this bar, even though Ohio’s GOP Governor John Kasich signed a bill into law this week that allows Ohio gun owners to carry concealed [...]
We’ve been deferring maintenance of our infrastructure since the Reagan tax cuts – never mind modernizing to restore American competitiveness. It is something that has to be done anyway, and here we are with so many people needing work. It’s just nuts. Millions of jobs that need doing, and millions out of work, and we [...]
Polls show that the American Majority is much more concerned about jobs than deficits. So why is DC talking only about deficits instead of jobs, when jobs are the medicine for deficits? And why is DC only talking about budget cuts as a path to fixing the deficits, when the deficits [...]
Republicans announced something they called a “jobs plan” today. This time it’s different. It really is. This time it really will create jobs instead of just handing even more money to a few at the top at the expense of the rest of us. You might not believe this because Republicans [...]
There is a deficit of jobs AND the deficit is jobs. The public is so much smarter than the geniuses in DC. Washington talks about the deficit but the public knows that the deficit is jobs.
That huge deficit jump to over a trillion that happened in Bush’s last budget (2009) changed [...]
A “report” from Republican staff of the Joint Economic Committee says that the path to job creation is cutting … the very things that create jobs. This is like saying that cutting taxes increases revenue. We know how that worked out, and the job-consequences of budget cuts are going to be just as [...]
Throughout the depths of the recession, there was much to be said about the disproportionate effect on men’s employment. Women, typically lower paid, and in fields not as hard hit as male-dominated fields like manufacturing and construction, were doing pretty well in comparison. (If ”doing pretty well” is defined as simply having a job.)
There are good jobs and there are crappy jobs. There are burger-flipping jobs and there are skilled trades and professions. There are jobs that pay well and have benefits and jobs that don’t.
There is even the job you had, now paying less, with no benefits.
Much of the post-recession job growth is at low [...]
Make no mistake – the demonization of public workers is just the latest in a long series of distractions by the right wing and economic elite as they pick the pockets of the “other 95% of Americans”. This coordinated approach is nothing new, but the agenda of wealth theft is taking on a new form [...]
The attack on public-employee unions in Wisconsin is in the news because of the large Egypt-style turnout of supporters at the state capital (70,000 on Saturday!), and the dramatic theater effect of Democratic Senators leaving the state to delay a vote on the measure, and give the public time to rally.
"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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