The United States has gone wrong. It has gone off the rails. When we have people who were in January living a normal life and by October have lost everything, we are not the United States of the 20th Century. Since 1980, average Americans have lost ground, or perhaps gained a few thousand dollars more [...]
Entries Tagged as 'income inequality'
What Is Wrong with America? Part I—Economic Inequality
December 22nd, 2010 · 3 Comments · Politics
Tags: income inequality·Neocon inequality·Neocon tax breaks for the rich·Republican inequality
Greed
May 31st, 2010 · Comments Off · Capitalism, Corporations and Industry, Economics, jobs, taxes, Wall Street
“The time has come” the walrus said, “To talk of many things: Of shoes–and ships–and sealing wax– Of cabbages–and kings– And why the sea is boiling hot– And whether pigs have wings.” –Lewis Carroll, “The Walrus and the Carpenter.” Ah, yes, let’s distract from the abstract. Let’s diffuse, distort, dissemble and dismember our rationality. Let’s [...]
Tags: Bush tax cuts·deficits·Economics·government spending·income inequality·national debt·Peterson-Pew Commission·reducing the national debt·securing Social Security and Medicare
May 1910 to May 2010–100 Years of…Progress?
May 7th, 2010 · Comments Off · Corporations and Industry, Culture, Economics, General, Politics, Populism, Wall Street, wars and militarism
By 1910, the United States had changed from a collection of states along the Atlantic Coast and a group of Southern slavery states to an emerging nation spreading across the entire continent. There were only three major cities: New York, Chicago and Philadelphia with over a million population. There were half a dozen other metropolitan [...]
Tags: American history·corporations·economic history·Economics·history·income distribution·income inequality·manufacturing·Medicare·political history·Politics·Social Security·taxation·taxes·unions
David Brooks and Neocon Advice to the Elderly
February 3rd, 2010 · Comments Off · Culture, Economics, General, Politics
“There you go again…” as a famous “B” movie actor once memorably said…memorable because he happened to be President at the time. Oh yes, we really did have an actor as President. But he was also a union president at one time. Granted, it was a union of actors, but he was elected. One of [...]
Tags: AARP·elderly income·Health Care·income inequality·Medicare·national debt·Neoconservative budget planning·retirement·Right Wing·Social Security cuts·tax cuts·tax hikes·tax increases
The Economy, the Stimulus and Coming Out of the Recession
October 13th, 2009 · Comments Off · Economics, Politics
Economists like to say that the current recession began in December of 2007. But things had not been going well for the average American for some time before that. The recession only made things worse for the average American household. Long before the recession began, things had been in a gradual decline for the average [...]
Tags: economy·income inequality·incomes·jobs·recession·stimulus·wages