by Dave Johnson | Nov 11, 2010 | Blog, Economy, Reagan Revolution
The recession ended in June, 2009? What? Seriously? No one told the millions of unemployed. And last week we got more bad news: 44 million of us living in poverty, and that was last year, before unemployment and COBRA subsidies started running out for the unemployed,...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Minimum Wage, Reagan Revolution
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...
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, 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 | Nov 2, 2010 | Blog, Economy, Minimum Wage
Moyers delivered this speech October 29, 2010, as part of the Howard Zinn Lecture Series at Boston University. I was honored when you asked me to join in celebrating Howard Zinn’s life and legacy. I was also surprised. I am a journalist, not a historian. The...
