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GOP Budgets: If Math Doesn’t Work Alter Scoring Method

October 13, 2014
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GOP Budgets: If Math Doesn’t Work Alter Scoring Method

Last month, in a speech to the Financial Services Roundtable, GOP “budget guru” Rep. Paul Ryan floated a few ideas for the assumed Republican Senate majority. “Our rules in Congress require that we don’t take into consideration behavioral changes or economic effects as a result of tax reform,” he said. “What we want to do is change our measurement.” Wait. Say what? To explain, typically, when lawmakers want to know the costs and benefits of a tax proposal, they take it to the Congressional Budget Office for a “score.” The CBO then projects the future effects from the proposed policy without accounting for feedback effects or changes to the overall economy caused by the proposal itself. Sounds reasonable, right? Well, not to…

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Why I’m Worried About Slack in Unemployment Rate

October 3, 2014
By
slack

In regards to today’s unemployment number release showing the lowest rate since before the George Bush housing collapse (it came in at 5.9 percent), I feel it’s my obligation to tamp down any undue euphoria–regardless of how it might help Democrats in the upcoming mid-term…

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Re-Writing History is GOP Politics 101

September 29, 2014
By
Cartoon - Why Study History

I used to think that the de-emphasis on math and science–not to mention the idiocy of kids ridiculing other kids for being smart–was the United States’ weakest link in our hope for a prosperous future, but what could surpass even the forementioned idiocy, is that…

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The (non)Mysterious Vanishing Deficit

September 18, 2014
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The (non)Mysterious Vanishing Deficit

If I were to assume the persona of Sherlock Holmes, in explaining what has happened to the vanishing deficit, I would be inclined to make the following observation; “As a…

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Hey SCOTUS/GOP-Money is Property not Speech

September 11, 2014
By
pesantsforplutocracy

Today the U.S. Senate voted on Senate Joint Resolution 19, a constitutional amendment that would once again allow the federal and state governments to place limits on political campaign spending because…

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The Extinction of American Democracy and Middle Class

September 1, 2014
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The Extinction of American Democracy and Middle Class

It seems appropriate to express the possible extinction of democracy and the American working class on a day that is supposed to honor them.  Why? Because Americans are sick of…

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Austerity: Punishing the Poor for Mistakes of the Rich

August 16, 2014
By
gop

Why can’t Americans take the simple action to look across the ocean and see just how badly austerity devastates economies, and especially the poor, during economic downturns? Do we really…

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More Than Ever It Takes Having Money to Make Money

August 2, 2014
By
rich

Despite being a country that wants to be known for its movie-star image of being the land of opportunity where there exists endless ways and the means to earn lots…

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Reflections on the American Dream

July 24, 2014
By
75px-statueofliberty

A casual observer who leafs through a generically written treatment of our national history 100 years from now in search of the extinct (or at least elusive) American Dream will…

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Capital Gains Tax Breaks Funnel $2T in Subsidies to the 1%

July 21, 2014
By
cartoon-republicans-economy

The tax code’s special treatment of investment income (Capital Gains) is why Mitt Romney made national news with the statement, “What’s the effective rate I’ve been paying? It’s probably closer to…

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Dorothy, the Austerity Tornado Took Your Red Heels. Kansas is Toast.

July 16, 2014
By
rethugs

Ultra-Red-State Kansas, the poster child for cutting taxes sharply in line with austerity recommendations of the American Legislative Exchange Council, or ALEC, has implemented its calls for deep tax cuts and limits…

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Thomas Jefferson: Typical Teabag Hypocrite

July 5, 2014
By
hypocrite

On July Fourth, the people of the United States celebrate the high-blown expressions on human rights that Thomas Jefferson penned in the Declaration of Independence – especially the noble phrase…

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GOP Austerity Could Kill You…on the Highways

July 2, 2014
By
highway

The latest battle over taxes and GOP austerity is hitting the highway, and could kill anyone reading this article including you, your children, or your children’s children. As Democrats have…

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Trickle-Down Caused the River of Wealth to Flow Upstream

June 17, 2014
By
income-inequality-400x280

We are currently witnessing the most profound ‘Great Transfer’ of wealth from the middle and lower-class income earners to the top 1% in the history of the world. I wish…

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Featured Contributers

Purchasing Power Initiative

By Dr. Richard Paul Recently, many people have been discussing the Pros and Cons of increasing the Minimum Wage. Both sides have some great debates…

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