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Monday, July 19th, 2010

How to Respond When Republicans Want to Cut Taxes

Subtitle: The Business Case for Progressives
I posed the question on a political blog recently: What would the Tea Party do to create a functioning economy? 
The answer that came back was: “Cut taxes, for starters.”
I found this interesting because this seemed to be a repeat of conservative philosophy. Cut taxes and incent individuals to make more private […]

Thursday, June 12th, 2008

Oil Demand Falls, Prices Go Up

It’s getting harder and harder to find actual news amidst the advertisements, but every now and then a few facts slip by. This piece was one of the most interesting I’ve seen in a long time.
It has to do with the price of gas.
From Bloomberg:
“Refiners are managing the crude supply they have on hand because […]

Monday, January 21st, 2008

How Do I Frame the Economy?

The “free market” is one of the most powerful frames conservatives use to advance their agenda. How many times have you heard the phrase “leave it to the market” or “let the market do its work”? This argument has been applied to everything from the breakup of AT&T to social security to just about every […]

Saturday, December 15th, 2007

Taking From the Poor, Giving to the Rich

Here’s an interesting post from Jared Bernstein on the growing economic gap between rich and poor.Compiled from the Congressional Budget Office (CBO) statistics, here’s some highlights:

$400 billion was transferred from the bottom 95% to the top 5%.
The share of income held by the top 1% has climbed from 9% in 1979 to 18% in 2005.
By […]