Posts Tagged ‘ trickle down ’

You know you’re in deep doodoo when…

December 24, 2008
By
You know you’re in deep doodoo when…

I wonder if Bruce has figured out that the supply-side trickle-down economics, which he marketed so heavily and so effectively through the editorial page of the Wall Street Journal , are largely responsible for the pit we've fallen into. The policies that Bartlett cooked up for Reagan of cutting taxes for the rich while cutting…

Read more »

Pay Double Standards and American Mythology

December 21, 2008
By
Pay Double Standards and American Mythology

Why does American business logic says that to be competitive you have to pay your workers less and pay your executives more...much, much, much more? It seems to me that we moved away from a meritocracy and into a plutocracy decades ago - around the time that median income stopped increasing apace with productivity, and…

Read more »

SC Healthcare – Selling Smokes to Cure Lung Cancer

December 11, 2008
By

Governor Sanford's tax swap plan is dependent on increasing smoking addiction. Much in the way that funding education partly on a state lottery fund puts the state in the position of encouraging gambling addiction, funding any on-going general programs, including healthcare, on cigarette tax revenue puts the state in a position of needing more cigarette…

Read more »

McCain Advocates More Redistribution of Wealth Upward

October 16, 2008
By

What I wish Senator Obama had said in the last debate: "Senator McCain, you're over there trying to whip up fear about "redistribution of income". Let's take a look at that. In the last thirty years, and especially during Republican administrations like the current one, American has experienced a massive redistribution of income and wealth…

Read more »

Bob Conley Debates Lindsey Graham on SC ETV: First Impressions

October 12, 2008
By

My overall impression: If you ignore his track record and his slavish devotion to George Bush and John McCain, Lindsey Graham presented himself as the more capable and prepared candidate.Conley handled himself pretty well for a newcomer to the political stage. He landed some solid blows to the Republican status quo and some of Graham's…

Read more »

America Witched By Voodoo Economics

October 4, 2008
By

The collapse of U.S. financial markets is as complete a repudiation of so-called "free market" capitalism as the collapse of the Berlin Wall was a repudiation of Soviet-style socialism. It is plain for the world to see that financial markets self-regulate about as effectively as a room full of unsupervised 2 year olds. And when…

Read more »

Help PolicyGrinder