How do Americans get rich? (and stay rich?)
…Steve Roth How do Americans get rich? (and stay rich?) It’s the American dream. A third of Americans think they’ll be rich someday. More than half of 18–29 year olds…
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Calling all Americans: we face an "austerity crisis" not a fiscal "cliff”
…that taxes were all bad, spending was all bad unless on military, and the GOP greed-is-good; let-the-rich-keep-getting-even-richer philosophy was okay. Alex Seitz-Wald even asks “Is it game over for Grover…
The hypocrisy of most deficit discussions
…based on “trickle down” economics–the view that if the rich get richer, everybody else will do well too. But that hasn’t been the case. Since 1980, the rich have gotten…
The mindless canard stating as unexplained fact that it would be worse to expand the federal government by a third in order to accommodate single-payer healthcare insurance than it is to have private, for-profit health insurance companies playing this role instead
…the poorest beneficiaries, while he wants to raise taxes on the rich to expand it in ways that could add $65 per month to the average benefit. This, like most…
More on the Threat to Social Security and Medicare from the so-called "Fiscal Cliff"
…Obama seemed ready to trade off changes in Social Security, Medicare and Medicaid benefits for higher taxes on the very richest of the rich in August of 2011, he will…
Are You a Liberal or a Conservative? Are You Sure?
…preserve their profits? Is there a moral difference from someone who becomes rich by creating a “better mousetrap” (e.g. a way to charge an electric car in 5 minutes and…
Politically Feasible Stimulus
…are arguing for a temporary extension of Bush tax cuts for the rich. My proposal dominates Conrads both as effective stimulus and as popular politics. Update: However, it is not…
Investment, Consumption, and Progressive Taxation
…in itself explains why they don’t understand the aims of Progressive Taxation. Label it how you like, the academic discipline that emerged from England in the 18th and 19th century…
Who coined ‘Catfood Commission’?: a Contest!
…Lambert at CorrenteWire on June 16th, but already seems to be assumed to be familiar to the sites readership Cat Food Commission is strategic default by the rich. I’ll be…
Presidents and Congress, Republicans and Democrats: Spending, Taxation, Debt, and GDP
…best demonstration of that. Even the rich get richer, faster, under Democratic presidents. The poor and the middle class get far richer: All those findings came as a surprise to…