Browsing articles tagged with " GDP"

The Year the GOPs Con Game was Exposed

Dec 5, 2012   //   Economy, Politics  //  Comments Off on The Year the GOPs Con Game was Exposed

The GOP’s decision to reinstate tax cut policy in 2001 exposed their hand. It was not about deficit reduction, growing the economy, or job creation. It was about ideology and, no doubt, special interests. It was a backdoor approach where government revenue was cut in an attempt to curtail spending on popular programs they otherwise could not take head-on. This while obstructing the work of Congress, spinning a web of deceit about the benefits of their policy, and weakening our country’s financial standing. It’s time to play hardball during ‘fiscal cliff’ negotiations and force them to be specific about what spending cuts they are talking about to offset the tax benefits they wish to preserve for the wealthiest. They wouldn’t have the nerve.

Republican Economic Policy: When Facts No Longer Matter

Nov 3, 2012   //   Economy, Featured Story, Politics  //  Comments Off on Republican Economic Policy: When Facts No Longer Matter

“…there’s remarkable consensus among mainstream economists, including those from the left and right, on most major macroeconomic issues. The debate in Washington about economic policy is phony. It’s manufactured. And it’s entirely political…and in a particular direction: Angry Republicans have pushed their representatives to adopt positions that are at odds with the best of modern economic thinking. That may be good politics, but it’s terrible policy.” Betsy Stevenson and Justin Wolfers

Romney: Raising Taxes on Small Business Owners Will Cost Jobs. “Poppycock”!

Oct 10, 2012   //   Politics  //  Comments Off on Romney: Raising Taxes on Small Business Owners Will Cost Jobs. “Poppycock”!

Mr. Romney’s claim during the first presidential debate that increasing the income tax rate for highly successful small business owners would result in job losses is nothing less than a scare tactic and a sham intended to benefit the “1%”. And as a businessman, he knows it.

Wealth and Income Inequality: America’s Moral Crisis

Aug 21, 2011   //   Politics  //  3 Comments

Less than one tenth of one percent of our population is holding a sum of wealth approaching three times the size of the US economy that is anticipated to more than double within the next decade, the earnings on which does not contribute to Medicare, Medicaid and Social Security. And the wealthiest in America quintupled their income during the heart of the Great Recession. To propose cuts to food stamps and unemployment benefits for the victims of the Great Recession during a time of increasing poverty and poverty-related deaths, without shared sacrifice at the top, represents nothing less than a moral crisis for our country.

Job Creation and Our Diminished Economic Engine: The Middle Class

Aug 10, 2011   //   Economy  //  2 Comments

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

You’re Fired!

Aug 4, 2011   //   Politics  //  Comments Off on You’re Fired!

In listening to conservative economic ideologues who continue to support their policies as a way to stimulate job creation and economic growth, I decided to place them before the board of a corporation to defend the performance of their policies.

Raising the Debt Ceiling: When Ideology Meets Reality

Jul 14, 2011   //   Politics  //  Comments Off on Raising the Debt Ceiling: When Ideology Meets Reality

With dialog on Capital Hill being next to impossible, Senator Minority Leader McConnell has put forth a plan to allow the president to raise the debt ceiling to prevent the United States from defaulting on its obligations. The politics are dangerous and the reasons for the ‘no compromise’ position on increasing taxes on upper level income are baseless. Finally, shame on Fox News for so effectively poisoning the well with conspiracy theories and distortions during economically tough times that all but destroyed the opportunity for reasonable dialog and compromise.

Supply-Side Failure from Theory, to Outcomes, to Danger of Citizens United Decision

Feb 3, 2011   //   Economy  //  1 Comment

This paper describes the failure of Republican tax cut policy from theory, to actual outcomes, to the danger of the Citizens United Supreme Court decision.

Eight Reasons Why the Bush Tax Cuts to the Wealthiest Should Expire

Nov 9, 2010   //   Politics  //  4 Comments

After 30 years of creating large deficits through tax cut legislation (Starving the Beast), often to the detriment of our economy and jobs growth, Republicans are getting closer to their goal of reducing the size of government through sharp cuts to our entitlement programs.

Tea Party Hypocrisy

Oct 18, 2010   //   Politics  //  2 Comments

Despite the Tea Party’s outcry against federal deficits, debt, and the size of government, this is the very same crowd that voted down budget surpluses, smaller government, and secured entitlement programs in 2000 in exchange for unfunded supply-side tax cut policies that had already quadrupled the national debt between 1981-1992. This movement is not, nor has it ever been about debt, deficits, taxes or healthcare. It is conservative America raging against a changing America, and this movement is being gamed by both Fox News and politicians for political and financial gain.

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The Cruelty of NCs House Bill 2

North Carolina’s House Bill 2 is fundamentally flawed. Quite the opposite of legislators bogus claims that public facility non-discrimination laws create safety concerns from sexual predators, the law actually increases the risk of abuse, both verbal and physical, to the already vulnerable transgender population. Further, in the state of NC that houses the Research Triangle Park and multiple world class medical institutions, legislators have pandered to religious factions and organizations that have stigmatized, ostracized and even demonized transgenders, some of whom suffer from a recognized medical diagnosis. The situation for transgendered youth is particularly grave, a population that already suffers a high rate of both abuse and suicide attempts. The law is cruel and untenable from both business and civil/human rights perspectives, and should be repealed.


NC’s Anti-LGBT Law and the Legislature: Little Business Sense

In this published Letter to the Editor (Raleigh N&O), powerful members of the North Carolina legislature have demonstrated little understanding of the importance of customer retention in building the business base of the state.


North Carolina’s LGBT Discrimination Law HB2: Its Folly and Motivation

By using sex on a birth certificate to define sexual identity, NC’s legislature and governor have shown much ignorance about the complexities of biologic diversity. But it is the pandering to LGBT hate groups by ranking members of the GOP at both the national and state level that reveals the underlying discrimination that motivated the law.

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The Year the GOPs Con Game was Exposed

The GOP’s decision to reinstate tax cut policy in 2001 exposed their hand. It was not about deficit reduction, growing the economy, or job creation. It was about ideology and, no doubt, special interests. It was a backdoor approach where government revenue was cut in an attempt to curtail spending on popular programs they otherwise could not take head-on. This while obstructing the work of Congress, spinning a web of deceit about the benefits of their policy, and weakening our country’s financial standing. It’s time to play hardball during ‘fiscal cliff’ negotiations and force them to be specific about what spending cuts they are talking about to offset the tax benefits they wish to preserve for the wealthiest. They wouldn’t have the nerve.