Archive
To Lift The Economy Lift Wages
To lift the economy, we have to lift wages. Increased wages will restore demand. The changes that will increase wages will help restore democracy. The social contract used to be that citizens in our democracy share the benefits of our economy through increased wages...
Reagan Revolution Home To Roost: America Drowning In Debt
“Watch what we do, not what we say.” (Famous Republican advice.) The Reagan Revolution was first and foremost about cutting the taxes paid by the rich and corporations. Now, almost 30 years later, the United States of America is drowning in debt. And that is exactly...
Reagan Revolution Home To Roost: America Is Crumbling
The conservative argument of the last 30-40 years boils down to this: "Hey look at this big pile of seed corn. Let's eat it!" Almost 30 years after the "Reagan Revolution" our infrastructure is crumbling around us. Since the Reagan-era tax cuts we have been deferring...
Finance Mine Oil & Debt Disasters THIS is Deregulation
The terrible Gulf oil, West Virginia mining, Wall Street finance and government debt disasters all demonstrate the ongoing catastrophic and continuing results of conservative policies. Each of these is a direct consequence of letting corporate conservatives take over...
Businesses Do Not Create Jobs
Businesses do not create jobs. In fact, the way our economy is structured the incentive is for businesses to get rid of as many jobs as they can. Demand Creates Jobs A job is created when demand for goods or services is greater than the existing ability to provide...
Starving the Beast Ten Things You Can Do To Take America Back
If last Tuesday showed us anything, it's this: We are not going to get America back on the right road -- the one that leads to a progressive, just, carbon-free, equal-opportunity future -- by political means alone. That was an illusion, and it's time to give it up. We...
Bravo To Geithner Trade Balance Plan
In October Treasury Secretary Geithner sent a letter to the G20 member nations asking them to join and set targets limiting trade imbalances to ensure “orderly rebalancing of global demand.” The idea is to set up a general sustainable framework for the G20 countries...
Word To The Fiscal Commission Hands Off Social Security
A word of advice to the folks at the National Commission on Fiscal Responsibility and Reform: it may be time to "slow your roll" as, we used to say where I come from. Based on their own admissions, and Alan Simpson's bedraggled look at the commission's...
Uncle Scrooge On Steroids The Right-Wing Plan To Shrink The Economy And Kill Christmas
Here's the plain truth about what's at stake in the unemployment insurance extension fight that is about to take place when Congress returns for its lame-duck session next week: If congressional Republicans succeed in blocking an extension of extended unemployment...
Horses Nazis Fake Presidential Candidates and Lots of Old White Dudes
The Latest Battle to Take Social Security from the Middle Class, People of Color, and People with Disabilities Earlier today I attended a press conference in an elaborate 8th floor room overlooking the U.S. Capitol at the Newseum for an unveiling of billionaire Pete...
