Job Creation and Our Diminished Economic Engine: The Middle Class
Over the past 30 years the vast majority of income gains have gone to the wealthiest in our country. In an economy that is 70% personal consumption, we will continue to experience slow recovery and anemic job growth until we more broadly share prosperity and rebuild the purchasing power of our economic engine, the middle class
Investing in America – We Can’t Afford Not To
Considering the state of our education, infrastructure, and technology deployment, it is quite apparent that we have incurred a lot of bad debt over much of the past 30 years. No time like the present for us to make an investment in our country.
Policy and the Economy: The Good, The Bad, and The Ugly
An evaluation of job creation and GDP growth during 8 complete presidential terms since 1977, 5 Republican and 3 Democratic, show that our country did better under progressive tax rate policies than Republican tax cut policy. Choice of policy this election is not only important to economic growth and job creation, but the radical right’s anger that is finding its way to minorities such as gays, Latinos and Muslims will not likely stop until the economy is on firmer footing.
The Road Out of the Debt Crisis is Apparent
I submitted the following to CNBC’s Squawk Box. I provided two graphs of our national debt over time, one using inflation adjusted dollars and the other with the debt expressed as a fraction of our economy. This presents the road out of the current economic crisis; we need a plan that will grow the economy of our future – we need to be forward looking.
Supply-Side Tax Cut Policies Have Contributed to a Growing Skewed Distribution of Income and Wealth in America
One of the effects of supply-side tax cut policy that is often overlooked is its contribution to a growing skewed distribution of income and wealth favoring the top 1% of [...]
Derailing the Myth that Supply-Side Tax Cut Policies Stimulate Job Growth
Earlier this summer Mark Haynes (Co-Host of CNBC’s Squawk on the Street) took on a guest who claimed that letting the Bush tax cuts expire for the wealthiest of Americans [...]
Stimulus Has Provided Benefit
Several guests on CNBC’s Squawk Box have made the claim that the stimulus has failed. I found these remarks to be largely political in nature and some, including Representatives Ryan [...]
Let the Tax Cuts for the Wealthy Expire – An Investment in the American Economy/’Smart Capitalism’
There was discussion on MSNBC’s Hardball whether the Bush tax cuts for the wealthy should expire as scheduled. I issued the following comment to the show having been in the [...]
Oil Economy vs The Cost of Global Warming
A guest on CNBC’s Squawk Box was talking about shale being a source of oil; with the price of oil above $50-$60/barrel his contention was that extraction of oil from [...]
Supply-Side Tax Cut Legislation: A Betrayal of the Middle Class, the Poor, and our Nation
I’m afraid that I will be tough on my conservative colleagues in this article. I generally look for arguments in support of both sides of an issue, but rarely in [...]
Recent Posts
North Carolina’s “Abomination”
Protect marriage? It is high time that we protect one of our most cherished founding liberties, our First Amendment’s Establishment Clause.
LGBT Discrimination and Amendment One: A Compilation
“History, I believe, furnishes no example of a priest-ridden people maintaining a free and civil government. This marks the lowest grade of ignorance of which their civil as well as religious leaders will always avail themselves for their own purposes”. Thomas Jefferson. A compilation of articles from this site about NC Amendment One and discrimination is provided.
In Defense of Same-Sex Marriage
“A government cannot be premised on the belief that all persons are created equal when it asserts that God prefers some.” US Supreme Court Justice Harry A. Blackmun
Featured Article
Job Creation and Our Diminished Economic Engine: The Middle Class
Over the past 30 years the vast majority of income gains have gone to the wealthiest in our country. In an economy that is 70% personal consumption, we will continue to experience slow recovery and anemic job growth until we more broadly share prosperity and rebuild the purchasing power of our economic engine, the middle class