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. [...]
Entries Tagged as 'stimulus'
Using Public Jobs to Stimulate Private Enterprise
May 21st, 2010 · No Comments · Corporations and Industry, Economics, Populism, energy, jobs
During the Presidential campaign, candidate Barack Obama said he would spend $210 to create 5 million jobs. This was something like 500,000 jobs a year over ten years. In green jobs and in construction related to green jobs and infrastructure. And that’s nice. But we need 5 million jobs now. NOW.
And here’s how [...]
Tags: developing private industry jobs·economic development·economic recovery·economic stimulus·growing the economy·jobs·manufacturing in the U.S.·public jobs·stimulus
The Grim State of the Nation
February 24th, 2010 · No Comments · Culture, Economics, Health Care, Politics, energy, jobs
As we are about to enter the third month of 2010, the nation is in its worst financial and economic condition since, perhaps, 1939. We have large-scale unemployment, foreclosures, bankruptcies, homelessness, hunger, lack of living essentials, and many working families with huge credit card debt. The Neoconservative Republicans who control the Republican Party, have [...]
Tags: clean energy·economy·energy·food banks·Health Care·health care lobby·health care reform·homelessness·hunger·jobs·reconciliation·Rupert Murdoch·stimulus·Supreme Court·tea parties·tent cities·unemployment·unemployment insurance
It’s About Jobs…and the Economy…and How We Got Here!
January 26th, 2010 · No Comments · Economics, Politics, jobs
Americans need jobs. Yes, you can say that the Gross National Product has increased a certain amount or fallen back a certain amount. You can say that our exports have risen as a percentage of our Gross National Product. You can say that the index of home values has risen against the year-over-year index. You [...]
Tags: Add new tag·Bush tax cuts·government spending·jobs·manufacturing·national debt·stimulus·the economy
A Plan for Jobs and Ending the Recession
December 10th, 2009 · No Comments · Economics, Politics, jobs
There has been talk recently–finally–about creating jobs. The talk has been about using some of the TARP money to create jobs in various sectors. As a reminder, the TARP funds were those funds used from the Treasury to shore up certain banks and other investment firms plus AIG, which was ostensibly the only insurance firm. [...]
Tags: creating new jobs·economy·Geithner·green jobs·jobs·President Obama·right wing republicans·stimulus·the Stimulus plan·using TARP for jobs
The Economy, the Stimulus and Coming Out of the Recession
October 13th, 2009 · No Comments · 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
Wall Street Journal Under Murdoch: Propaganda Masquerades as Opinion, Opinion as Fact.
September 17th, 2009 · No Comments · Economics, Politics
In the Wall Street Journal this morning in mid-September 2009, John Taylor, a noted economist from Stanford has determined, in his wisdom, or that of Rupert Murdoch, or his lieutenants, or Roger Ailes or Sean Hannity or Ann Coulter…take your pick when you are dealing with Neocon propaganda…has said that the stimulus did not work. [...]
Tags: Dr. John Taylor·economy·Rupert Murdoch·stimulus·Wall Street Journal
The Choice Between Neoconservative and Progressive Becomes Clearer.
September 1st, 2009 · No Comments · Economics, Health Care, Politics
There is no mystery about the difficult circumstances in which we find the American economy. Since 1981, when Ronald Reagan cut income taxes for the top bracket, multi-millionaires, from 70% at the top marginal rate, down to 28%, the country has run very large deficits every year. We have been running deficits in the $200 billion [...]
Tags: Add new tag·Bush administration·Democrat·economy·Health Care·jobs·Neoconservative·Progressive·stimulus