by Dave Johnson | Feb 23, 2010 | Blog, Economy
The warnings are dire. Just yesterday, for example: Recession Tightens Grip on State Tax Revenues, The recession can now claim another troublesome record: state tax collections shrank at the end of 2009 for a fifth consecutive quarter, the longest period of continuing...
by Dave Johnson | Feb 23, 2010 | Blog
The President is setting up a "Deficit Commission." Many, especially on Wall Street, are demanding that Social Security -- the retirement program that people paid into all of their working lives -- be cut. They want it cut rather than start paying back what was...
by Dave Johnson | Feb 22, 2010 | Blog
In last week’s post, Whirlpool Bites Hands Of American Taxpayers That Feed It, I wrote about Whirlpool closing a factory in Evansville, Indiana. In summary, • Whirlpool closes a plant in Evansville • Taxpayers will shoulder the unemployment and other costs. • All the...
by Dave Johnson | Feb 21, 2010 | Blog, Economy
One legacy of the Reagan tax cuts is that we stopped maintaining - and never mind modernizing - our infrastructure. As a result there is a LOT of work that needs doing. And there are a very, very large number of unemployed people. Hmmm... There are so many more ways...
by Dave Johnson | Feb 19, 2010 | Blog
Whirlpool, recipient of federal stimulus "smart grid" dollars, is closing an Evansville, Indiana freezer-topped refrigerator and icemaker production plant and moving the 1,100 jobs to Mexico. Whirlpool knows that taxpayers will shoulder the unemployment and other...