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Obama Savages GOP Candidates' Economic Plans: They 'Defy Logic'

The Huffington Post | Daniel Marans | Posted 04.28.2016 | Politics

President Barack Obama has some strong words about the economic proposals of the Republicans vying to succeed him. “If you look at the platforms, th...

Venture Capitalists Rule the World

John Feffer | Posted 06.04.2016 | Politics
John Feffer

Venture capitalism has a disproportionate impact on the economy. It helps to ensure that technological innovation enriches the few and sustains jobless economic growth. Industrial policy in the hands of the government ideally creates wealth and spreads it around. Venture capitalists pick a handful of winners as part of a process of concentrating wealth in fewer and fewer hands.

The Oily Heart of Austerity and Tea Party Economics

Richard Brodsky | Posted 04.20.2015 | Politics
Richard Brodsky

There's been a steady drumbeat of headlines about this, starting with Governor Brownback's woes in Kansas. It took an interesting and unexpected turn to reveal what's really been happening in many other states. The collapse in oil prices has changed a whole lot of things.

Voodoo Trickle Down Be Damned

Leo W. Gerard | Posted 03.28.2015 | Politics
Leo W. Gerard

Reaganomics, the plot to appease the rich and condemn the rest, got its comeuppance last week in President Obama's State of the Union speech. The president asked: "Will we accept an economy where only a few of us do spectacularly well?"

None Dare Call It Treason: Why Republicans Won

Bob Burnett | Posted 01.07.2015 | Politics
Bob Burnett

In 2014 Republicans bullied Democrats. Republicans proved, once again, they will say and do anything to win. Republicans don't care if they scuttle our democracy along with the fragile economy, to them winning is all that matters.

How the United States Can Escape the Inequality Trap

Anthony W. Orlando | Posted 10.22.2014 | Politics
Anthony W. Orlando

As inequality grows, the rich become more powerful than the rest of the population, enabling them to veto any policy that impedes their one-sided enrichment. They also become less empathetic toward the rest of the population, whose lives seem less similar to their own with each passing year.

The Limits of Reagan's Optimism

Duncan Hosie | Posted 08.13.2014 | Politics
Duncan Hosie

Reagan projected an inclusive form of optimism for certain citizens. Yet Reagan's was far from universal and shut out too many Americans.

Johnson, Reagan and the Great American Paradox

Bennet Kelley | Posted 08.04.2014 | Politics
Bennet Kelley

Name the hawkish former president that liberals love to hate who cut taxes shortly after taking office, presided over a booming economy with low unemployment, reduced the national debt and whose legacy shapes much of today's debate.

"Stop 'N Frisk Trickle-Down Economics"

Allen Schmertzler | Posted 03.23.2014 | Politics
Allen Schmertzler

Unless we want an America that is a tale of two cities, a tale of two nations, a "Downton Abby America on steroids," then let's hope that the refreshing message of progressives such as Bill de Basio seize the moment, and the public votes a stop and frisk of Reaganomics.

GOP 'Economics' Demolished in 167 Words

Andrew Reinbach | Posted 11.22.2013 | Politics
Andrew Reinbach

Republicans claim higher salaries mean lower corporate earnings that crimp jobs and jobs creation. This is usually wrapped in the minimum wage or global competition and applied across the board.

The Heartless Economy

Bob Burnett | Posted 08.07.2013 | Politics
Bob Burnett

America has lost the recipe for true prosperity. We've forgotten that a healthy economy depends upon steady consumption by working Americans. We've decided to ignore the chasm between the rich and poor.

Republicans Aren't Christians

Bob Burnett | Posted 07.17.2013 | Politics
Bob Burnett

Republican policy no longer represents the teachings of Jesus. The GOP favors the rich and ignores the poor, disadvantaged, sick, elderly, long-term unemployed, and other unfortunates. Republicans may be religious, but they're not Christians.

The Reagan Era:Turning Back Racial Equality Gains

Dedrick Muhammad | Posted 05.11.2013 | Black Voices
Dedrick Muhammad

Reagan was elected at a time when America was still reeling with self-doubt over its defeat in Vietnam. Though his optimistic campaign message promised better days ahead for the country, his positions on civil rights issues looked backward, not forward.

What Banks Won't Tell You About Their Sweetheart Deal With the Fed

D. Sidney Potter | Posted 12.20.2012 | Business
D. Sidney Potter

The beauty of supply-side economics, is that just when you start to believe that it might actually be theoretically true, there's always reality that breaks that fantasy.

Rumpelstiltskin Economics

Jason Stanford | Posted 01.26.2013 | Politics
Jason Stanford

Every major event in the last decade has exposed Pax Republicana as a crumbling empire based on false ideologies, none more dangerous than believing in the Tax Fairy that magically grows the economy and fills the treasury when Congress cuts taxes on the wealthy.

Reagan-Appointed Judge: Deregulation Movement Made 'A Fundamental Mistake'

Posted 08.24.2012 | Business

Apparently the financial crisis was a big enough disaster to convince even some of the firmest deregulation advocates that they were wrong. Federa...

Full Employment Needs To Be A National Priority Once Again

Allan Brawley | Posted 10.10.2012 | Politics
Allan Brawley

A new book by an award-winning journalist, Timothy Noah, draws on a broad range of social science research to illuminate the magnitude and causes of the growing income disparity between the most affluent segment of American society and everyone else.

Renewing Democracy: Shifting the Paradigm

Bob Burnett | Posted 09.26.2012 | Politics
Bob Burnett

We need to shift from Reaganomics to a social paradigm that renews democracy. The first step is recognition that the real strength of America is its people, not its corporations.

The Supreme Court and the "Broken Middle"

Joseph A. Palermo | Posted 08.26.2012 | Politics
Joseph A. Palermo

We could learn a lot from the election of 1912 where a third and fourth party shook up the foundations of corporate control. It's a disgrace that 100 years ago the United States could run an election with far greater choices than it is capable of running today.

Why Reaganomics Fails -- Succinctly

Stephen Herrington | Posted 08.22.2012 | Business
Stephen Herrington

When economies do not grow, poverty grows. No government can withstand a prolonged downtrend in its economy. People have limits.

America: Home of the Bewildered Serf and Land of the Feudal Lords.

Dave Pederson | Posted 07.04.2012 | Politics
Dave Pederson

Two news items popped this week that highlight the ever-growing Neo-Feudalism that has become our new economy. First, Occupy Wall Street (OWS) filed ...

Obama vs. Romney: Class Warfare

Bob Burnett | Posted 06.13.2012 | Politics
Bob Burnett

Understanding Romney's perspective helps crack his campaign code. When Romney says Obama made the economic crisis worse, he means Obama did not follow Republican advice and do nothing; Obama did not stand by and let the economy crater.

Bloomberg Businessweek on Obama, Economic Steward

Robert Teitelman | Posted 05.28.2012 | Business
Robert Teitelman

Mostly, it seems to mean that if Obama doesn't fully embrace your economic faith, then he has no faith at all, that he's a sort of economic atheist. But that's not the case at all.

Reagan White House Officials: Where the Right Went Wrong (VIDEO)

Bill Moyers | Posted 04.16.2012 | Politics
Bill Moyers

In separate interviews, David Stockman and Bruce Bartlett, senior architects of Ronald Reagan's economic policy, have harsh words for the staunch anti-tax position of modern conservatives.

Think Again: "As Ronald Reagan Said... Oh Never Mind"

Eric Alterman | Posted 03.28.2012 | Media
Eric Alterman

Conservative media outlets are falling all over themselves looking for the "true" heir to Ronald Reagan. Thing is, Ronald Reagan actually raised capital-gains taxes.