by Dave Johnson | Nov 11, 2010 | Blog, Reagan Revolution
“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...
by Dave Johnson | Nov 11, 2010 | Blog, Reagan Revolution
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...
by Dave Johnson | Nov 11, 2010 | Blog
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...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Minimum Wage
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...
by Dave Johnson | Nov 11, 2010 | Blog
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...
