Populist Daily

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Entries Tagged as 'stimulus'

Here Comes the Election Year Propaganda

January 27th, 2012 · Comments Off on Here Comes the Election Year Propaganda · Economics, Health Care, Jobs, Labor, Politics, Populism, Taxes

If you think you have been lied to before…you ain’t seen nuthin’ yet. It’s an election year and therefore the amount and the degree of inaccuracy of Republican statements will increase, and already have increased, exponentially. Here are just a few examples. Both Newt Gingrich and Mitt Romney have blamed Barack Obama for the lack […]

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The Current Common Wisdom Is Wrong

July 22nd, 2010 · Comments Off on The Current Common Wisdom Is Wrong · Capitalism, Corporations and Industry, Economics, Health Care, Jobs, Lobbying, Media, Wall Street

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. […]

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Using Public Jobs to Stimulate Private Enterprise

May 21st, 2010 · Comments Off on Using Public Jobs to Stimulate Private Enterprise · Corporations and Industry, Economics, Energy, Jobs, Populism

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 we […]

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The Grim State of the Nation

February 24th, 2010 · Comments Off on The Grim State of the Nation · Economics, Energy, Health Care, Jobs, Politics

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 decided […]

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It’s About Jobs…and the Economy…and How We Got Here!

January 26th, 2010 · Comments Off on It’s About Jobs…and the Economy…and How We Got Here! · Economics, Jobs, Politics

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 […]

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A Plan for Jobs and Ending the Recession

December 10th, 2009 · Comments Off on A Plan for Jobs and Ending the Recession · Economics, Jobs, Politics

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. […]

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The Economy, the Stimulus and Coming Out of the Recession

October 13th, 2009 · Comments Off on The Economy, the Stimulus and Coming Out of the Recession · 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 […]

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Wall Street Journal Under Murdoch: Propaganda Masquerades as Opinion, Opinion as Fact.

September 17th, 2009 · Comments Off on Wall Street Journal Under Murdoch: Propaganda Masquerades as Opinion, Opinion as Fact. · 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. […]

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The Choice Between Neoconservative and Progressive Becomes Clearer.

September 1st, 2009 · Comments Off on The Choice Between Neoconservative and Progressive Becomes Clearer. · 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 […]

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