Reaganomics

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

Dave Pederson | Posted 05.04.2012

Read More: Adam Davidson, Debt, JP Morgan, Ed Conard, Neo-Feudalism, Class Warfare, Ronald Reagan, Bain Capital, Ows, Mitt Romney, Trickle-Down Economics, Arthur Laffer, Economic Inequality, Reaganomics, Occupy Movement, Nypd, Occupy Wall Street, Occupy, Politics News

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 ...

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Obama vs. Romney: Class Warfare

Bob Burnett | Posted 04.13.2012

Read More: The One Percent, Class Warfare, Mitt Romney 2012, President Obama, Mitt Romney, Barack Obama, Reaganomics, Obama Romney 2012, Obama Romney, Mitt Romney Economy, Politics News

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.

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Bloomberg Businessweek on Obama, Economic Steward

Robert Teitelman | Posted 05.28.2012

Read More: Bloomberg BusinessWeek, Economics, Ronald Reagan, Barack Obama, Economic Crisis, George W Bush, Obama Administration, Keynesian Economics, Great Recession, Reaganomics, Business News

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.

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

Bill Moyers | Posted 04.16.2012

Read More: Grover Norquist, Bruce Bartlett, David Stockman, Bill Moyers, Ronald Reagan, Video, Reaganomics, Politics News

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.

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

Eric Alterman | Posted 03.28.2012

Read More: Tax Reform Act of 1986, Irs, Ronald Reagan, Capital Gains Taxes, Paul Krugman, Capital Gains, Reaganism, Reaganomics, Media News

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.

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Before They Left Town, Did House Republicans Change the Rules of the Tax-cutting Game?

David Paul | Posted 02.23.2012

Read More: Deficit, Ronald Reagan, Payroll Tax Cut, Supply-Side Economics, House Republicans, Reaganomics, Bush Tax Cuts, Paygo, Payroll Tax Cut Extension, Tax Cut Extension, Obama Payroll Tax Cut, Politics News

This month the Republicans took a stand against tax cuts because of the fiscal implications of those cuts. For the first time in recent memory, Milton Friedman and the Republican Party of my grandfather were redeemed. This was a significant point that should not be lost.

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Obama on Republican Economic Policy: "It Doesn't Work"

Geoffrey R. Stone | Posted 02.14.2012

Read More: Obama Speech, Ronald Reagan, Barack Obama, Reaganomics, Osawatomie Speech, Economics, Economy, Trickle-Down Economics, Politics News

Trickle-down economics has been tried, the president recently said, and it "has never worked." Is he right? Or is this just more political blather? To see, we need to go back to basics, back to Reaganomics.

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Let's Not Forget: A Reality Check for Americans

Denise Dennis | Posted 01.04.2012

Read More: Trickle Down Economics, Ronald Reagan, George H.W. Bush, George W. Bush, Voodoo Economics, Congressional Budget Office, Reagan Economy Inequality, Wealthy Inequality America, Reaganomics, Video, Politics News

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

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Senate Republicans Successfully Filibuster American Jobs

Bob Cesca | Posted 12.12.2011

Read More: Unemployment, Economy, Great Recession, GOP Filibuster, Tax Cuts, Filibuster, American Jobs Act, American Jobs, Frank Luntz, Reaganomics, Recession, Bush Tax Cuts, American Jobs Act Senate, Obama Jobs Plan, American Jobs Act Filibuster, Politics News

When I heard President Obama announce The American Jobs Act, I mistakenly thought the Republicans wouldn't dare vote against "American jobs."

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America's Financial Armageddon and Afghanistan

Paul Fitzgerald and Elizabeth Gould | Posted 11.19.2011

Read More: Reaganomics, Vietnam, Economist John Kenneth Galbraith, Two Oil Shocks, Détente With the Soviets, Soviet Collapse, Beleaguered Manufacturing Base, Creditor to a Debtor Economy, The Debt Crisis, Disintegrating Infrastructure, The Cold War, Military Keynesianism, World News

After ten years of war, it seems Washington not only continues to lack a comprehensive understanding of Afghanistan, but it lacks an understanding of its own role in creating both the economic and political catastrophe it now faces.

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Is Capitalism Moral? Wrong Question...

Bishop Pierre Whalon | Posted 09.21.2011

Read More: Charles Ives, Capitalism: A Love Story, Marxism, Morality, Capitalism, Moral Hazard, Reaganomics, Comte-Sponville, Business News

As we contemplate the inability of the economy to lift itself out of the depression that has devastated our common life, there is a temptation to say that capitalism is all wrong, immoral.

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Reagan's Utopia Myth

Edward Flattau | Posted 09.21.2011

Read More: Reagan, Federal Budget Deficit, Ronald Reagan, GOP Economy, Reaganomics, Politics News

Reagan's economic policies might have created a paradise for the top income brackets but no Christmas in July for the rest of society. We don't need a revival of his grand design in 2011.

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Jobs Decline... Fed QE3 in the Works?

Harlan Green | Posted 09.11.2011

Read More: Reaganomics, Supply-Side Economics, Paul Krugman, Unemployment Report, Wage-Price Spiral, The Fed, Business News

We are still in some sort of a disinflationary spiral. Yes, I said disinflation, which means the rate of inflation is falling, not rising as the holders of debt would have us believe.

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Supply-Side Economics in Fact and Fancy

Robert E. Prasch | Posted 07.09.2011

Read More: Ronald Reagan, Trickle Down, Reaganomics, Supply-Side Economics, Business News

Supply-side economics is a hearty perennial, one that closely follows the election cycle. Every four years ambitious Republican politicians rediscover that the wealthy would like to pay less in taxes.

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Reagan's Progressive Foreign Policy

Lawrence Korb | Posted 05.25.2011

Read More: George Bush, Communism, Lebanon, Ronald Reagan, National Security, Donald Rumsfeld, Grenada, Soviet Union, Iraq War, Reagan, George W. Bush, Reaganomics, Foreign Policy, Politics News

I received an email asking how someone who served in the Reagan administration could now work at a progressive think tank. The answer is pretty simple.

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Weekly Audit: The Real Legacy of Reaganomics

The Media Consortium | Posted 05.25.2011

Read More: UK, Taxes, American Prospect, Johann Hari, Ronald Reagan, State, Voodoo Economics, Colorado Independent, Vodafone, Smurfs' Village, Public Employee, Colorado, The Nation, Kevin Drum, Capcom, Republican, Reaganomics, Yves Smith, Wealth, Smurfberries, Scapegoat, Finance, Mother Jones, Protests, UK Uncut, Sit Ins, Real News Network, Tea Party, Economy, Paul Starr, Politics News

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

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Remembering Reagan

Lincoln Mitchell | Posted 05.25.2011

Read More: Tea Party, Ronald Reagan, University of California Santa Cruz, George W. Bush, Progressives, Michael Dukakis, Democratic Party, Hollywood, Cold War, Democrats, Barack Obama, California, Reaganomics, Michele Bachmann, University of California, Santa Cruz, Repubilcan Party, George H.W. Bush, Vietnam, Richard Nixon, Vietnam War, Lyndon Johnson, Republicans, Aids, Ronald Reagan Legacy, Politics News

23 years after leaving office, almost seven years after his death and 100 years after his birth, Reagan is a legitimate icon. While the elements of his legacy can, and must, be challenged, it remains true that in death, Reagan remains largely Teflon.

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The Reagan Centennial: Celebrating Reaganomics

Joseph A. Palermo | Posted 05.25.2011

Read More: Bill Clinton, Reaganomics, Reagan Centennial, Ronald Reagan, Ronald-Reagan-Centennial, Ronald Reagan Centennial, Democratic Party, Republican Party, Barack Obama, Dick Cheney, Politics News

The overstated celebrations and commemorations of the centennial of Ronald Reagan's birth, with their razzle-dazzle of Super Bowl tributes and maratho...

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A Defeatist Meme Threatens the Democratic Majority in Congress

Michael Carmichael | Posted 05.25.2011

Read More: Shelby Storck, Bob Squier, Richard Daley, Reaganomics, Barack Obama, David Plouffe, Peter Beinart, Richard Nixon, Rahm Emanuel, Nixon, Christiane Amanpour, Alan Gardner, Robert Gibbs, Politics News

The defeatist meme has disproportionately expanded for an election that is still six weeks away. But it's never over until it's over, and all this talk is nonsense, even when muttered by the mighty.

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How America's Shift Away From Helping Its Own Ruined The Economy And The Middle Class (PHOTOS)

Robert Reich | Posted 05.25.2011

Read More: Economic Books, Secretary of Labor, Great Depression, Politcal Science, Aftershock, Economic Crisis, Economy, Bill Clinton, Slidepollajax, Economic Stimulus, Middle Class, Ronald Reagan, Third World America, Reaganomics, Books News

In the 1930s and 1940s, we restructured our economy to widen prosperity. The result was the Great Prosperity -- a period running from 1947 to 1975, in which the American economy boomed.

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Will Lower Interest Rates Jumpstart Housing (CHART OF THE DAY)

Huffington Post | Sara Yin | Posted 05.25.2011

Read More: Interest Rates, Ezra Klein, Conservatives, Liberals, Loans, 30-Year Mortgage Rates, Mortgage Crisis, Fomc, Federal Reserve, Mortgage Rates, Paul Krugman, Slidepollajax, Housing Crisis, Reaganomics, Business News

Siding with Washington Post's's Ezra Klein, on his blog, Paul Krugman wants to clear the air about the comparisons being made between the economic ten...

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Voodoo Redux

Lance Simmens | Posted 05.25.2011

Read More: Voodoo Economics, Keynesian Economics, Deficit, Stimulus, Reaganomics, Conservative Economics, Fiscal Policy, Politics News

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.

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The Myth of Ronald Reagan

Joan E. Dowlin | Posted 05.25.2011

Read More: Reagan, Bill Clinton, Saddam Hussein, Michael Moore's Roger & Me, Enron, Deregulation, Ussr, Taliban, Charlie Wilson's War, Iraq, Afghanistan, Obama, Cold War, Reaganomics, Politics News

A closer look at Reaganomics: One could argue that the selling of American businesses to overseas' markets began under Reagan.

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How Soon Until the Free Market Stops the Oil Spill?

Bob Cesca | Posted 05.25.2011

Read More: Tony Hayward, Gulf of Mexico Oil Spill, Robert Reich, Free Market Capitalism, Bp, Ronald Reagan, Reagan Revolution, British Petroleum, Gulf Oil Spill, Capitalism, Reaganomics, Corporate Crime, Oil Spill, Ayn Rand, Corporations, Corporate Greed, Gulf Coast, Politics News

This is a spoiled, petulant and entitled corporation operating in a largely deregulated free market atmosphere. Are we to believe that it's acting responsibly and with the best interests of the Gulf in mind? Not a chance in hell.

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Iran Sanctions: A Double-Edged Sword

Shirin Mohammadi | Posted 05.25.2011

Read More: Iran Nuclear Program, Iran, Ahmadinejad, Economics, Iran Nuclear, Obama Iran Policy, Iran Sanctions, Petroleum, Barack Obama, Reaganomics, Foreign Direct Investment, World News

A year after the Obama Administration's decision to attempt a new policy of engagement with Iran, the U.N. Security Council is considering new proposals for a fresh round of sanctions against Tehran.

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