With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the “land of opportunity” meme, long established irrespective of evidence, has finally been smothered by the realities of plutocracy.
|By: DSWright Wednesday December 11, 2013 11:10 am|
|By: DSWright Thursday December 5, 2013 6:40 am|
We know Mr. President. We know.
|By: DSWright Tuesday December 3, 2013 12:01 pm|
Ross Douthat of the New York Times is one of the better conservative reads around. Part of the value of his sometimes quite insightful analysis was that he was willing to accept unpleasant facts concerning the failures of conservative thought. That didn’t make him some liberal punching bag – a reverse Alan Colmes – but [...]
|By: DSWright Monday November 18, 2013 12:48 pm|
It was the best of times, it was the worst of times. As poverty and unemployment numbers are revised upwards and the nation’s income gap widens, DC is having boom times as the Dow crosses 16,000. Truly a tale of two economies with a 9.9 out of 10 chance that you aren’t in the one that is having a great time.
|By: cocktailhag Thursday November 14, 2013 8:00 pm|
There are many positive arguments, most of them valid, for steeply progressive taxation: reducing corrosive inequality, funding needed programs for health, education, welfare, and infrastructure, etc. But to my mind, the most pressing need for high taxes at the top could be accomplished even if revenues gained were simply flushed down the toilet; America’s hyper-rich are just to insufferable need to be punished, severely.
|By: Attaturk Thursday November 14, 2013 1:30 am|
Maybe while we pat ourselves on the back about how “human rightsy” we are, we could look at a few ugly truths at home too.
|By: DSWright Tuesday November 5, 2013 12:20 pm|
While Congress obsesses over the imagined perils of rich bondholders – aka “the debt” – real Americans struggling to feed their families got another kick to the teeth this month. On November 1st the federal government rolled back food stamp benefits for all 47.6 million people who receive them.
|By: Michelle Chen Sunday October 6, 2013 12:15 pm|
Where does the corporate bottom line end and the public interest begin? Through the voodoo economics of federal contracting, Washington’s “partnerships” with private corporations have drained the public trust straight into the pockets of top corporate executives.
|By: DSWright Tuesday September 17, 2013 11:58 am|
The recovery that wasn’t and isn’t. On the day Occupy Wall Street marks its second anniversary the US Census Bureau has published its report on income, poverty and health insurance coverage in America. The results of the study provide more evidence that while the top 1% have gotten even richer, the 99% have stagnated.
|By: DSWright Monday September 16, 2013 1:15 pm|
Today President Obama commemorated the fifth anniversary of the collapse of Lehman Brothers by addressing the state of the American economy. Obama reiterated his commitment to a “Grand Bargain” cutting Social Security and Medicare as well as repeating the dubious claim that the economy has “recovered.” But one fact President Obama did acknowledge is that most of the gains from the “recovery” went to the top 1%.