iOS app Android app

Trickle Down Economics

The Moral Failure of the Ryan Budget

Obery M. Hendricks, Jr., Ph.D. | Posted 06.09.2016 | Religion
Obery M. Hendricks, Jr., Ph.D.

In an era of increasingly partisan politics, routine measures like developing the annual federal budget have become highly politicized.

America's Third World Nation

Diane M. Francis | Posted 05.11.2016 | Politics
Diane M. Francis

America's impoverished grows. There is no trickle-down benefit for them, due to many reasons, but voting absence represents yet another obstacle.

It's True: America Is an Overweight Welfare State... But for Whom?

The Heller School | Posted 04.27.2016 | Politics
The Heller School

Since the dawn of modern American political history, conservatives have railed against the left for supporting social welfare. America's welfare programs, so the story goes, create cultures of dependency that weigh down the economy. Who caused this tremendous burden on the U.S. taxpayer?

Horses for Courses? The Candidates and the Economy.

David Coates | Posted 04.13.2016 | Politics
David Coates

It may be difficult to believe right now, but eventually the nightmare will be over. The race for the presidency will end, and we will be free of the daily media diet of who is ahead, who is behind, and who might get ahead as others falter. Time and again right now, the bulk of the media - across the entirety of the political spectrum -- focus entirely on the race, in the process distracting us from the course over which the race is being run. But when the race is over, reconstructing/improving that course will be the over-riding task facing whoever wins. So can we please start talking now, in a systematic way, less about the candidates and more about their programs?

Trump's Tax Plan Exemplifies the Rigged Economy

Brian Hanley | Posted 02.06.2016 | Politics
Brian Hanley

Our economy is rigged. Millions of Americans are working longer hours for lower wages and yet all of the new income is going to the top one percent.

Common Weaknesses in the Republicans' Tax Proposals

David Coates | Posted 01.25.2016 | Politics
David Coates

Though for understandable reasons the leading Republican presidential candidates continually emphasize the things that divide them, we would do well to concentrate rather on the things that do not.

The Tragedy in Flint Is What Conservatives Mean by Smaller Government

Donald Cohen | Posted 01.24.2016 | Politics
Donald Cohen

The tragedy of Flint should never have happened, but at this point, the evidence is undeniable and the suffering is real. Fixing Flint is an urgent priority. Fortunately, (although far too late) the truth has finally sidelined the spin-masters who spent years denying the problem.

The American Hunger Games: Top Republican Candidates Take Economic Policy Into the Wilderness

Nomi Prins | Posted 11.29.2015 | Politics
Nomi Prins

Certainly, there has never been a stranger or more unsettling Republican campaign for the presidential nomination or one more filled with economic balderdash and showmanship.

What Kind Of World Would It Be If The Rich Admitted They Need The Poor?

Derek Penwell | Posted 10.12.2015 | Religion
Derek Penwell

I'm dealing with Jesus right now, and I'm having a difficult time manipulating his words so that they come out approving of any policy enacted by the powerful that says to the powerless.

When Will Fed Raise Interest Rates?

Harlan Green | Posted 10.12.2015 | Business
Harlan Green

Even former Fed Chair Ben Bernanke has been irked by right wing conservatives for doing just the thing that most conservative economists, such as Martin Feldstein, and even arch-free market theorist Milton Friedman, said was the right thing to do during recessions--inject more money into the economy.

Challenging Republican Premises: On the Cutting of Taxes

David Coates | Posted 10.04.2015 | Politics
David Coates

These Republicans (Trump included) seem totally in agreement that progressive taxation is less effective than light taxation; that it is the scale of public spending and debt which is holding back economic growth, and that it is the burden of taxation to sustain that spending which currently is the key barrier to the generation of private sector-based enterprise and employment.

Trickle Down Failure Leads to Anarchy in the UK - Who's Next?

Phil Davis | Posted 09.14.2015 | Business
Phil Davis

You can ignore it if it makes you feel better but at least take these signs seriously and take what the media says with a grain of salt - guys who have billions of dollars are simply not going to tell you their assets are 20% over-valued, are they?

My Correspondence With Governor Scott Walker

Tim Koechlin | Posted 07.20.2016 | Politics
Tim Koechlin

Dear Governor Walker: I'm appalled by your willingness to trade off the well-being of working people and the health of a fabulous state university system for your grandiose, selfish ambition. I'll do whatever I can to make sure you will not become president.

Trans-Pacific Trickle-Down Economics

Robert Reich | Posted 05.03.2016 | Politics
Robert Reich

If the Trans-Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.

What's Behind the Hostility Toward Government?

Jon Wisman | Posted 06.27.2015 | Politics
Jon Wisman

As ever more Republican politicians show interest in capturing their party's nomination for the presidency, they spar to outdo each other in depicting government as incompetent, corrupt, or even as the enemy.

The 'Switched On' Enterprise: The Triumph of Insight Over Ideology

Nick Seneca Jankel | Posted 06.16.2015 | Business
Nick Seneca Jankel

As someone who has consulted to scores of the largest corporations on the planet, I believe that the ideology of capitalism is almost always damaging to the social, ecological and spiritual systems it relies on to exist.

Learning From Franklin Roosevelt: Trickle-Up Economics

Preeti Vissa | Posted 06.09.2015 | Politics
Preeti Vissa

Roosevelt understood that people who feel they have an economic future and a sense of stability are more able to spend money and participate in our consumer-driven economy. That means more business and more profits for companies selling all sorts of goods and services. Sooner or later, even the CEOs benefit. Call it "trickle-up" economics.

Who Really Controls Wall Street, and Why It Matters

Nourish International | Posted 05.31.2015 | Business
Nourish International

We have to remember that the same banks responsible for so much of the financial strife, confusion, and crisis are guided by social forces. When we believe our financial systems are beyond our control, we neglect our responsibility to those most impacted by its flaws.

'R' Is for Republican and Reverse

Gerry Myers | Posted 05.02.2015 | Politics
Gerry Myers

Democrats keep trying to drive our country forward with policies designed to help Americans in the 21st century. Unfortunately, Republicans are stuck in reverse. In 2016, let's find Democratic candidates who will move the country forward.

Democrats Help the Middle Class - Why Can't They Win Elections?

Sean McElwee | Posted 04.26.2015 | Politics
Sean McElwee

In the run-up to the 2016 election, Republicans are trying to position themselves as the party of the middle class. It may well work, but not because Republicans are in fact reformist, but rather because voters and pundits eschew data and instead focus on rhetoric.

IL Governor Rauner Gets $750,000 Tax Break, Proposes Slashing Services to Middle Class and Poor

Robert Creamer | Posted 04.26.2015 | Politics
Robert Creamer

Bruce Rauner may think that he is auditioning for a spot on the 2016 GOP ticket or a cabinet post in a Bush, Walker or Christie administration. In fact he could easily become the national symbol of the trickle down economic theory that has failed to produce benefits for everyday Americans.

Build Loyalty -- The Cost -- $00.00

David Kanegis | Posted 04.20.2015 | Business
David Kanegis

Remember your customers are humans just like you. They want the most and the best for what they are paying. Within the bounds of your bottom line -- give it to them.

If You Think the GOP Is 'Refocusing' on the Wealth Gap, I've Got a Bridge to Sell You

Robert Creamer | Posted 03.29.2015 | Politics
Robert Creamer

The New York Times reported last week that in the closed-door Republican Senate Caucus retreat, Republican Leader Senator Mitch McConnell "encouraged the Republican troops to refocus policy on the stagnant middle class." That would be like asking the wolves of the world to stop hunting and refocus on cultivating asparagus.

The Republican's Magical Mystery Tour (Starting Next Week)

Robert Reich | Posted 02.27.2015 | Politics
Robert Reich

According to reports, one of the first acts of the Republican Congress will be to fire Doug Elmendorf, current director of the non-partisan Congressional Budget Office, because he won't use "dynamic scoring" for his economic projections. Dynamic scoring is the magical-mystery math Republicans have been pushing since they came up with supply-side "trickle-down" economics. It's based on the belief that cutting taxes unleashes economic growth and thereby produces additional government revenue. Supposedly the added revenue more than makes up for what's lost when Congress hands out the tax cuts. Dynamic scoring would make it easier to enact tax cuts for the wealthy and corporations, because the tax cuts wouldn't look as if they increased the budget deficit.

Wealth Inequality: Trickle-Down or a Sinking Ship?

Misha Pinkhasov | Posted 02.22.2015 | Money
Misha Pinkhasov

Three makes a pattern so, with inequality at the top of the news - be it about champagne wars at the House of Lords or the inherent privilege of white males on the streets of America - it is time to have a conversation about the difference between privilege and patronage.