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Entries Tagged as 'income inequality'

Income Inequality and Taxation

September 21st, 2017 · Comments Off on Income Inequality and Taxation · Economics, General, Politics, Populism, Taxes

by Joseph O’Shaughnessy What is income inequality and what does it mean to the average person? Does it matter to you or me if someone makes 20 billion dollars a year? Most average people, going through their daily routines, never think about how much someone else makes, only what they themselves earn. So let’s examine […]

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The Economy, Politics and Jobs

January 10th, 2014 · Comments Off on The Economy, Politics and Jobs · ALEC, Budgets, Corporations and Industry, Economics, Fascism, Health Care, Human Rights, Jobs, Labor, Lobbying, Media, Obstruction, Politics, Populism, Social Security, Taxes, Wall Street

One of the key problems with the country today is the lack of jobs. If we had jobs, we would have more economic activity at the bottom end of the economic scale and that would help to balance the weight between the top 1% or 2% and the bottom 50% or 80%. The middle of […]

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Rich Getting Richer. Poor Getting Poorer.

September 30th, 2013 · Comments Off on Rich Getting Richer. Poor Getting Poorer. · Capitalism, Corporations and Industry, Economics, Jobs, Labor, Lobbying, Politics, Populism, Taxes, Wall Street

In the United States today, the rich are getting richer and the poor are becoming poorer. The facts are clear. They are reported by government agencies, think tanks, universities, and by the media that report on such things as business and economics. Worse than income inequality, the United States, which had always been the beacon […]

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What Is Wrong with America? Part I—Economic Inequality

December 22nd, 2010 · Comments Off on What Is Wrong with America? Part I—Economic Inequality · Politics

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 […]

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Greed

May 31st, 2010 · Comments Off on Greed · 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 […]

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May 1910 to May 2010–100 Years of…Progress?

May 7th, 2010 · Comments Off on May 1910 to May 2010–100 Years of…Progress? · Corporations and Industry, 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 […]

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David Brooks and Neocon Advice to the Elderly

February 3rd, 2010 · Comments Off on David Brooks and Neocon Advice to the Elderly · 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 […]

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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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