For so many years we have been told that tax cuts stimulate the economy that most of us cannot accept the fact that raising taxes will not be counterproductive to expanding the economy. But that is exactly the case.
Taxes may influence behavior. If you tax cigarettes or gasoline very heavily, some reduction in consumption [...]
Entries Tagged as 'Capitalism'
The Case for Raising Taxes
September 8th, 2010 · No Comments · Capitalism, Politics, Wall Street, taxes
On Taxes and Coming Out of Recession
August 24th, 2010 · No Comments · Capitalism, Economics, Politics, jobs
This is a short piece about taxes and jobs. One would hope that this blog is not the only place where there is a serious call for all Americans to begin to call, write and even assemble and march to the offices of our elected officials to lobby for for jobs. We need jobs desperately [...]
Tags: Bush tax cuts for the rich·deficits·economy·job creation·jobs·national debt·restoring the economy
Creating Jobs in the United States
August 22nd, 2010 · 1 Comment · Capitalism, Corporations and Industry, Economics, Health Care, Labor, Media, Politics, jobs
There are several problems with the current jobs situation and those are in addition to the fact that one out of approximately 8 people you see walking down the street is either unemployed or has only a part-time job. Of course, for some people, the idea of a part-time job is difficult to imagine, as [...]
Tags: Bush Free Trade and Employment policies·IT·jobs·Neocon outsourcing policies·outsourcing jobs to foreign workers·outsourcing to India and China in 2010
No Cuts to Social Security
August 17th, 2010 · No Comments · Capitalism, Politics, Populism, taxes
Since 1980, the Republican Party has been made up of Conservatives and since Bush the First’s term made up of Neoconservatives. In the early 1980s they received a gigantic tax cut, reckless and foolish in the extreme…from a top rate of 74% down to a top rate of 28%.
That set off a huge conspiracy [...]
Tags: Bush tax cuts·cutting Social Security·marginal tax rates·Neoconservative spending·Social Security·taxes
The “R” Word
August 14th, 2010 · No Comments · Capitalism, Human Rights, Media, Politics, Populism
In 1917, after generations of serfdom, oppression, starvation and genocide, the people of Czarist Russia took matters into their own hands. Vladimir Ilyich Lenin, transported through Eastern Europe into Russia on a sealed train brought the remedy to the problems of all the peasants…organization and force. He brought a system of organization to establish a [...]
The Great Neocon Budget Hoax
August 9th, 2010 · 2 Comments · Capitalism, Economics, Lobbying, Politics, Populism, Wall Street, taxes
Representative Paul Ryan, Neocon-Republican of Wisconsin, has laid out an economic plan for the future of the country. The problem with his plan, however, is that it makes several flawed assumptions.
First of all it assumes that the American People will never figure out that tax cuts for those in brackets from over $350,000 [...]
Tags: Neocon Budget Plan·Neocon economic plan·Neocon Social Security cuts·Representative Paul Ryan·the Ryan Budget plan
A Populist Plan to Restore the Economy
August 7th, 2010 · 2 Comments · Capitalism, Economics, Politics, Populism, jobs
This will short and to the point. This is a simple plan to handle a simple problem.
Yes, it is not as complicated by a factor of 1000 as the Neoconservative Republicans in Congress and all their Right Wing radio commentators and corporate-sponsored lobbying “think tanks” like Cato, Heritage, AEI and others too numerous to list…would [...]
Tags: a populist plan·an economic plan to restore the economy·creating jobs·jobs·Neocon economics·Neoconservatism·Politics·Populism·restoring the economy·the economy·the Great Bush Recession·the recession·unemployment
Neocons and National Debt
August 5th, 2010 · 2 Comments · Capitalism, Economics, Lobbying, Politics, taxes
Income taxes were first levied to pay for the Civil War. After the Civil War, personal income taxes were abolished and there were basically no income taxes from 1868 to 1913. Taxes on liquor and tobacco were the chief sources of revenue for the Federal government.
To fund the U.S. participation in World War I, [...]
Tags: deficits·national debt·Neocon economic policy·tax cuts·voodoo economics
Open Letter to Tea Party: Take a Hard Left Turn
July 27th, 2010 · 3 Comments · Capitalism, Culture, Health Care, Politics, Populism, Wall Street, taxes, wars and militarism
Before anyone who is a true Populist is going to believe that you, the Tea Party members are remotely legitimate and not simply stooges for the Right Wing of the Republican Party, you need to get some common sense. If you want to parade around pretending to be lovers of freedom and democracy, you need [...]
Tags: racist tea party marchers·tea baggers·tea party·tea party members
The Bush-Cheney Pro-Poverty Programs
July 26th, 2010 · 2 Comments · Capitalism, Courts and the Law, Culture, Economics, Human Rights, Politics
In 8 years in office, Bill Clinton, in addition to creating 22 million jobs, left office having lifted 5 million people out of poverty. When George W. Bush and Dick Cheney (who have somehow avoided prosecution for war crimes) left office there were about 12 million unemployed and only 3 million jobs had been created [...]
Tags: Bush and Cheney·financial scams·Neocon scams·personal bankrupticies·poverty·sub-prime mortgages·the unemployed and jobs
The Current Common Wisdom Is Wrong
July 22nd, 2010 · No Comments · Capitalism, Corporations and Industry, Economics, Health Care, Lobbying, Media, Wall Street, jobs
We often refer to the “common wisdom” in society, the general knowledge passed on by word of mouth locally, regionally and eventually expressed in print or on television…and after which people say…oh, yeah, that makes sense.
The fact is that the common wisdom often works because the underlying rules are pretty clear in most situations. [...]
Tags: common wisdom on the economy·cutbacks in social programs·economic austerity·Economics·Neocons obstructing the economy·stimulating the economy·stimulus
Neocons Revising History
July 20th, 2010 · No Comments · Capitalism, Corporations and Industry, Lobbying, Politics
When someone invades your home, steals your property, and takes the things you need to adequately live your daily life, you do not call someone to ask if there was justification. You don’t seek another person’s opinion to see if you are right.
Your property is gone. This person stole it. If you have that [...]
Tags: Bush Adminstration crimes·Bush-Cheney contracts·Cheney contracts for Halliburton·Cheney's no-bid contracts·Neocon cronyism·Neocon deficits·Neocon military contracting·Neocon theivery
The Neocon Roadmap to Take Us Over the Cliff
July 18th, 2010 · 1 Comment · Capitalism, Economics, Health Care, Politics, taxes
The Neocons have a wonderful new mantra…”austerity”…a lovely word that means, “let’s cut your government benefits so we can cut my taxes.”
It is expressed colorfully in Wisconsin Representative Paul Ryan’s web site “A Roadmap for America.” Tadaa! It expresses so much of the Neocon agenda so beautifully that everyone should read it, just [...]
Tags: GOP Roadmap·Neocon austerity plan·Neocon Roadmap·Neoconservative economic plans·Paul Ryan of Wisconsin·Ryan Budget Roadmap
Voodoo Economics Versus Outright Fraud
July 16th, 2010 · No Comments · Capitalism, Politics, Populism, Wall Street
Here’s what “Voodoo Economics” is all about. Voodoo Economics refers to a theory put forth by economist Arthur Laffer in 1980…and perhaps remains his personal approach…that says that when you cut taxes the economic benefits that will accrue from that greater spending capacity will so greatly increase the domestic output that the resulting taxes will [...]
Tags: Arthur Laffer·austerity·Neocon economics·Neoconservative tax cuts for the rich·Neoconservatives·Reaganomics·Right Wing Neoconservatives·tax cuts·voodoo economics
Sinister Economics
July 13th, 2010 · 3 Comments · Capitalism, Corporations and Industry, Economics, Lobbying, Politics, Populism, Wall Street
Let’s understand one thing. The economic problems of the country were not caused by “Progressive” or “Liberal” or “Populist” policies. They were caused in the last 30 years and they were caused by an ideology that did not embrace rational thought, either in economics or in politics or in human relationships.
It can only be compared, [...]
Tags: Liberal·Neocon lies·Neocons·Neoconservative·Neoconservative economics·Neoconservative propaganda·Neoconservative Republican propaganda·populist·Progressive·Progressive economics