Ask a neoliberal why trickle down economics is not working in America and there are a few standard excuses offered. The excuses range from the fringier “inner city people are lazy” to the boilerplate “government is distorting markets” to the more establishment friendly “it’s a lack of education.” Let’s put racial dog whistles and reactionary ideology aside for a second and focus on the last excuse, education.
|By: DSWright Monday March 31, 2014 11:33 am|
|By: Jane Hamsher Monday March 17, 2014 2:37 pm|
The richest man in the world also opposes raising the minimum wage, and believes that in order to prevent the social unrest that comes with mass unemployment the government should appeal to the better natures of large corporations by eliminating corporate and payroll taxes in order to encourage them to employ people they apparently won’t need.
|By: Jon Walker Thursday March 13, 2014 12:55 pm|
It is worth remembering that while the media often focus on how the latest story or international incident will affect elections, what regular people care about most has remained unchanged for years.
|By: Jon Walker Tuesday February 18, 2014 7:52 am|
Our dysfunctional government was the top problem for months but now it has dropped down to the third place. Without destructive pointless fights the focus has moved from Congress to people’s more direct concerns.
|By: Michelle Chen Sunday February 9, 2014 7:00 am|
Guided by the mythology of the “American dream”—the idea that, given the opportunity, the deserving will excel and rise above their peers—politicians often attribute unemployment to a mystical “skills gap.”
|By: Peterr Saturday January 18, 2014 9:15 am|
The headline isn’t mine, but it comes from one of my old college professors, Dale Mortensen, who won the 2010 Nobel Prize in Economics. I was fortunate enough to have studied under him for several years, and among other things, he instilled in me and my classmates a strong sense that behind all the statistics, all the equations, and and all the models are real people.
Dale died last week. I just wish that more folks in DC had had him as a professor, or would be willing to listen to the wisdom of his remarks in Sweden in 2011.
|By: brasch Sunday January 5, 2014 6:40 pm|
A short shopping season of less than 30 days between Thanksgiving and Christmas, combined with extraordinary numbers of deliveries and extreme weather problems caused thousands of packages not to be delivered by Christmas. For some media, this was the top story.
But that’s not a crisis.
|By: DSWright Thursday December 26, 2013 10:42 am|
As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion.
|By: DSWright Tuesday December 24, 2013 11:50 am|
In DC, it’s been a hell of a year. DC residents are enjoying a personal income boom thanks to the kind of patronage found in the Ryan-Murray budget. Special interests are getting rich off of near endless taxpayer money.
|By: Peterr Saturday December 14, 2013 9:00 am|
As Christmas approaches, Ebeneezer Scrooge and the Grinch are front and center in the GOP’s blocking of extending unemployment benefits to the long-term unemployed. While Scrooge and the Grinch eventually figured out that they were missing something, the modern GOP in Congress would label them as “weak” and “wishy-washy” and “backsliders.”
And FDR would have eaten them for lunch.