Since 2008 and the onset of the Great Bush Depression, we have seen some of the most remarkable and inane economic theories ever proposed and some of the greatest revisions in economic history ever put upon the American People. For example, with 15 million people out of work and Europe on its back, many conservative [...]
Entries Tagged as 'Economics'
Starting Over in the New World
April 25th, 2013 · Comments Off · ALEC, Economics, Politics, Populism
There is an ongoing petulant argument being carried out in what one might call the economic and political press. Should we cut government which will supposedly make us leaner and meaner and more ready to expand our economy? Or should we create more jobs, try to jump start the economy, create public jobs and revenues [...]
The Failure of Conservative Economics Part VII — Solutions
April 16th, 2013 · Comments Off · Economics, Politics, Populism, Social Security, The Budget, Wall Street
So what are the solutions to our economic problems? They’d better be good. The Bush Administration left us with an enormous mess. In January of 2009, the first month of the Obama Administration, 779,000 people lost their jobs. The average number of jobs lost in the first quarter of 2009, was 753,000….per month. The American [...]
Tags: conservative economics·international trade·jobs·Keynesiansim·Neo-Fascism·the budget·the national debt·unemployment
The Failure of Conservative Economics Part VI – Our Current Problems and Why
March 26th, 2013 · 1 Comment · Capitalism, Economics, Politics, Populism
We have talked about the problems with our economy. We have discussed how they have been caused by a cynical use of failed economic policies by Republican politicians backed by billionaires and giant corporations. But one person sticks out to us as analogous to the entire period of Neo-Conservative dominance of the weak American mind. [...]
Tags: Economics·national debt·Neoconservative·Politics·tax cuts for the rich·unemployment
The Failure of Conservative Economics Part V – The Bush-Cheney Depression
March 14th, 2013 · Comments Off · ALEC, Capitalism, Corporations and Industry, Economics, Media, Politics, Populism, The Budget
The United States has been in decline since 1981. That was when Ronald Reagan’s charismatic personality took over the country. Reagan was the all-time, All-American, schoolboy President. The gosh-golly-gee whiz President came to power overwhelmed by the more sophisticated long-range plans of the Corporatists. They saw his gullibility and his charm as an opening to [...]
Tags: conservatism·Economics·Neo-Fascism·Neoconservatism·Republican obstruction
Time Out –A Look at the Republican Non-budget
March 12th, 2013 · Comments Off · ALEC, Capitalism, Corporations and Industry, Economics, Health Care, Politics, Populism, Social Security, taxes, The Budget
Before we can return to the Failure of Conservative Economics, we must address a current issue on today’s Neo-Conservative agenda…the Paul Ryan Republican Budget for 2013. We need to examine the premises here and debunk the stuff that is simply wrong. Paul Ryan announced the Republican Budget on March 12, 2013 and it fell with [...]
Tags: Corporatism·Economics·Health Care·national debt·Neoconservative·Politics·Republican Budget·Right Wing Propaganda·Ryan Budget·Social Security·taxes
The Failure of Conservative Economics–Pt. IV–Bush, Cheney and Big Government by Debt
February 25th, 2013 · Comments Off · Capitalism, Democracy, Economics, jobs, Lobbying, Media, obstruction, Politics, Populism, taxes, Wall Street
In 1994, in an interview, Milton Friedman said that in the 1990s there is “much less optimism and all the problems have been produced by government.” This is the essential argument between the two political parties in the United States today. One pretends to be the party of Conservatives, whom they define as people like [...]
Tags: Bush·Cheney·Conservative·Economics·Friedman·Hayek·national debt·Neo-Classical·Neo-Fascist
Failure of Conservative Economics, Part III The Big Economic Lie
February 10th, 2013 · Comments Off · Capitalism, Economics, General, Politics, Populism
No discussion of Conservative economics will be complete without a full analysis and review of the theories of Fredrich Hayek. Hayek was an Austrian economist who moved to England in the early 1930s and taught at the London School of Economics. The general tone of his work is that free competition in the marketplace and [...]
Tags: Capitalism·conservative economics·Economics·Neocon economics·Politics·Populism
The Failure of Conservative Economics–Part II. Ronald Reagan
January 27th, 2013 · Comments Off · Economics, Politics, Populism
In the period from the 1950s until the late 1970s, the Conservatives were largely considered Right Wing radicals and economic zealots. Republicans of those days were mostly moderate, even some liberal, as with the Nelson Rockefeller wing of the party. The Republican Right Wing presented a political problem as it had a series of rather [...]
The Failure of Conservatism and the Future of American Economics. Part I
January 8th, 2013 · Comments Off · ALEC, Capitalism, Corporations and Industry, Economics, Labor, Lobbying, obstruction, Politics, Populism, Social Security, taxes, The Budget, Wall Street, wars and militarism
In 1946, in the shadow of the carillon tower on the campus of the University of Chicago, an economist by the name of Milton Friedman began teaching economics to some of the brightest students in the country. His particular approach to economics was by and large what might be called neo-classical liberalism. It is a [...]
Tags: conservatism·conservative economics·Corporatism·Economics·lobbyists·Milton Friedman·national debt·Neoclassical Liberalism·Neoconservative obstruction·Neoconservative propaganda·Politics·Republican obstruction·Social Security·tax cuts for the rich·unemployment
Romney’s Lies and the Future of America
October 11th, 2012 · Comments Off · Democracy, Economics, General, Politics, Populism
The first Presidential campaign debate of the 2012 campaign was generally seen by the political punditry as a victory for the contender. Not only did he show style and seem to show substance, but he had an aggressive posture that allowed him to call the President a liar. Well, he didn’t say that exactly but [...]
Tags: Romney·Romney's lies·Ryan'·the Presidential debates·the Presidential elections
Homeless in Seattle…and Lakewood…and Reno…and more…
August 28th, 2012 · Comments Off · Capitalism, Economics, Human Rights, jobs
Tent cities are growing all over the country. Over 47 million people now live below the poverty line. There are growing numbers of tent cities, surrounding over 55 American metro areas. Hundreds live in squalor in the Taco Flats area of Fresno, California. Others live in tents in the woods near Ann Arbor, Michigan. On any [...]
Dr. Ferguson…You Presume.
August 23rd, 2012 · 1 Comment · Economics, Politics, Populism
This might be called, “practical economics.” It is a response to economic history and social commentary specialist Niall Fergeson’s article in NEWSWEEK and the somewhat intellectually spotty DAILY BEAST. The DAILY BEAST unfortunately is the kind of publication that would ask Michael Jordan to comment on golf and Tiger Woods to comment on basketball. Such [...]
Tags: Niall Ferguson·obstructionism·President Obama and the economy·the economy
Romney Has a Serious Problem. (short)
July 15th, 2012 · 1 Comment · Capitalism, Corporations and Industry, Economics, jobs, Politics, Populism, Wall Street
Mitt Romney is doing something that many candidates do when they are attacked, and especially when they are attacked with facts that are very difficult to deny. Romney has attacked those who are attacking him. And he has done another most telling thing. He has panicked. He ran immediately…immediately…to every media outlet that he knew [...]
It’s the Economy…Or Is It?
July 4th, 2012 · 1 Comment · Democracy, Economics, Politics, Populism, taxes
Sometimes it seems that economists live in a world different from ours. We have bills to pay, jobs to keep, children to educate. The formulas that economists constantly elaborate upon seem to have little to do with daily life. Of course that is not true. The outcome of macroeconomic calculation can have an enormous impact [...]
Tags: Bush·Cheney·conservative economics·conservatives·deficits·national debt·Neocons·Neoconservatives·Republican obstruction·Ronald Reagan·tax cuts for the rich·top one percent