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Voodoo Economics

Friday Talking Points -- Bernie Sanders Shows Democrats What 'Family Values' Should Mean

Chris Weigant | Posted 06.12.2016 | Politics
Chris Weigant

Trade deals are one subject (one of the very few left) which do not break down on party line. Both the Republicans and the Democrats are split over the issue, so it's not a repeat of the usual partisan battle lines. But it is a clear defeat for Obama, who lobbied hard to very little effect.

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?"

Why Krugman's Vocabulary Needs to Be Refreshed

Gina Athena Ulysse | Posted 12.07.2014 | Media
Gina Athena Ulysse

Paul Krugman's "Voodoo Economics, The Next Generation" does not make any more sense today than it did back in 1980 when presidential candidate G. W. Bush used this term to criticize Ronald Reagan's claim that cutting taxes on the rich would actually -- "magically" lead to greater economic growth.

Is the Age of Bush Over? Jeb Needs to Step Up His Game If He Is Going to Take Back the GOP

David Paul | Posted 05.29.2013 | Politics
David Paul

For the first time in decades -- perhaps since his father denounced Ronald Reagan's voodoo economics in the 1980 primaries -- the old Republican playbook has run its course. In the chaos of today's GOP, Jeb Bush can actually write his own script.


Paula Gordon | Posted 12.01.2012 | Politics
Paula Gordon

If we won't let our children lie or BS us and get away with it, surely Republicans should be held to the same standard. Cow dung has good uses, but not in political campaigns. Cut the CRAP.

The Bad Mojo of Voodoo Economics and the Failure of Theocratic Politics

Jeff Schweitzer | Posted 11.26.2012 | Politics
Jeff Schweitzer

The problem is not, as David Brooks postulates, that "Republicans like Romney often rely on an economic language that seems corporate and alien to people who do not define themselves in economic terms." The problem is that the GOP now represents those who embrace ignorance as a badge of honor.

eBay Bans That Ol' Black Magic

The Huffington Post | Ron Dicker | Posted 08.16.2012 | Small Business

Curses! eBay has banned magic spells and potions. A small paragraph in the new eBay 2012 Fall Seller Update (h/t Tecca) is proving to be a big bumm...

Corporate Primacy Causes People Poverty

Leo W. Gerard | Posted 08.18.2012 | Politics
Leo W. Gerard

Do Americans want a government of the people by the people for the people? Or do Americans want a government of the corporations by the corporations for the corporations, one dedicated to the proposition that the rich are better than everyone else?

Let's Not Forget: A Reality Check for Americans

Denise Dennis | Posted 01.04.2012 | Politics
Denise Dennis

Trickle-down economics has become the mother's milk of the GOP and has indeed been "a curse" on Americans.

Golden Calf Conservatives

Cliff Schecter | Posted 12.31.2011 | Politics
Cliff Schecter

Whether it's the bronze bull encountered by those occupying Wall Street, the fixation with a Chris Christie presidency not to be, or the ex post facto...

How Rich People Ask for More Money

David Berri | Posted 10.24.2011 | Sports
David Berri

Imagine you are a rich person who desires more money. You could boldly ask people to give you cash, but many might suspect that you don't "need" it. So what can you do? Consider the following two tales from the world of sports and politics.

Weekly Audit: The Real Legacy of Reaganomics

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

By Lindsay Beyerstein, Media Consortium blogger Sunday marked the 100th anniversary of the birth of B-movie actor-turned-conservative president, Ronal...

Simon Johnson: Tax Cut Package Is Voodoo Economics Revisited

Project Syndicate | Simon Johnson | Posted 05.25.2011 | Business

WASHINGTON, DC - Democratic and Republican leaders in Washington are suddenly falling over themselves to agree on the need for major tax cuts - affect...

Mourning in America: Death of the Middle Class

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

The deficit, the Social Security shortfall, difficulties with Medicare -- they could all be solved if the nation returned to taxing policies that existed under Republican President Eisenhower, when the rate on top earners was 91 percent.

GOP Pledge: Repeal Arithmetic!

Robert S. McElvaine | Posted 05.25.2011 | Politics
Robert S. McElvaine

American students currently rank 25th in math among advanced nations. The Republican "Pledge to America" will further lower that ranking.

"2 Legs Good - 4 Legs Bad": Why Dems Need To Re-Brand the "Bush Tax Cuts" as the "Bush Kick-Backs"

Martin Lewis | Posted 05.25.2011 | Politics
Martin Lewis

Why do the Democrats keep using the wording the "Bush tax cuts" -- a nomenclature coined by -- and favored by -- the Republicans. It's a trap the Democrats keep falling into.

Voodoo Redux

Lance Simmens | Posted 05.25.2011 | Politics
Lance Simmens

It appears conservatives today are quite enamored with the notion that during times of economic growth, deficits really don't matter and fiscal recklessness feeds the all-powerful private market.

The Tax Debate

Miles Jaffe | Posted 05.25.2011 | Politics
Miles Jaffe

On the PBS News Hour, February 5, 2010, David Stockman, Budget Director for President Ronald Reagan, speaking of the age-old Republican scheme of "Sta...

Cash for Clunkers Rated an Economic Clunker

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Like a glass of ice water in the scorching desert, it sure sounds enticing -- Uncle Sam giving you as much as $4,500 to trade in your old gas guzzler for a new and more fuel-efficient car.

David Dreier and the Fall of the House of Voodoo

Bennet Kelley | Posted 05.25.2011 | Politics
Bennet Kelley

The financial crisis has caused a seismic shift -- not only has it brought down the house of cards known as Reaganomics but it may also bring down some of voodoo economics' high priests.

Don't be Distracted. Vote For Your Pocket Like the Fat Cats Do

R.T. Eby | Posted 05.25.2011 | Home
R.T. Eby

Ronald Reagan took aim at so-called welfare queens as a way to make the wealthy more wealthy. He gutted social security and social programs. Variations of his bait and switch have been going on ever since.