by Digby | Dec 2, 2013 | Budget Talks, Conservatism, Economy, Financial Reform
In the post below, David asks an interesting question: Trickle-down economics is a known and proven failure. The experience of record stock market highs, record corporate profits, low effective tax rates and record income inequality in the context of a stagnant...
by Leo Gerard | Nov 28, 2013 | Economy, Minimum Wage, The Jobs Challenge
At the first Thanksgiving, there was no expression of the sentiment: “I built this feast by myself.” Native Americans sat side by side with pilgrims – religious leader by huntsman, chief by planter. They shared the bounty they’d all worked to create. This Thanksgiving...
by Dave Johnson | Nov 27, 2013 | Economy, Populist Majority, This Is The GOP
This is that time of year when newspapers bother to write about how there are hungry people in America. But this year is special. As the recession drags on for the non-1%, cuts in Food Stamps have completely swamped the capacity of food banks and other non-government...
by Jeff Faux | Nov 26, 2013 | Budget Talks, Economy, Financial Reform, Minimum Wage
The deeper you are in the inner sanctums of power, the slower you are to get disturbing news from the rest of the world. So, I suppose it should be no surprise that it has taken so long for a prominent member of the American policy elite to suggest openly to his...
by Dave Johnson | Nov 26, 2013 | Budget Talks, Economy, Progressive Vision, Retirement Security, The Jobs Challenge, This Is The GOP
Congress is again fighting over the budget with Republicans now demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed by corporations remain uncollected. The...
by Dave Johnson | Nov 25, 2013 | Economy, Making it in America, Minimum Wage
Show this one at Thanksgiving!! [fve]http://youtu.be/uUAWLqQHeRw[/fve] See What's Walmart's Business Secret? at the AFL-CIO blog. The six Walton heirs own about 50% of the company and have a combined wealth of $142 billion. This means they have more wealth than 42% of...
