Republicans hate it when someone says the words class warfare. This from the most vacant Republican lawmaker I’ve seen in years, Paul Ryan of Wisconsin. “Class warfare … may make for really good politics, but it makes for rotten economics,” … “If you tax something more, you get less of it,” Ryan said. “If...
The Congressional Budget Office (CBO) is reporting that the Middle Class Tax Relief and Job Creation Act will increase the deficit by 166 billion in 2012. Here’s my thought, so what, I don’t care. And here’s why I don’t care. Why doesn’t the CBO do a study on how much we could reduce the...
When Ohio Senator Rob Portman voted against Obama’s “American Jobs Act” he voted against the self interest of the people he represents. Ohio’s share of the act would have been one billion dollars which would have created at least 13,000 jobs. Yet Portman states that Ohio jobs are his number one priority. This from...
There is an Associated Press article by David Crary called “Behind the poverty numbers: real lives, real pain,” that puts a face to the middle class American’s the republican party is killing. It is heartbreaking. Associated Press reporters around the country went looking for the people behind the numbers. They were not hard to...
Today in the Economy section of the New York Times were two articles that highlight the paradox the U.S. economy continues to face. The first is titled, Job Growth Suggests Resilience of U.S. Recovery. The Department of Labor reported that in March the work force gained 190,000 jobs. Many economists, while still wary that...
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