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Determining fact from lunacy in the circus that is politics

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Entries Tagged as 'Economy'

999 Is Actually The Price Of A Pizza… And A Simple Plan

October 13th, 2011 · No Comments · america, News, Politics

Not only is it the price of a pizza, it’s the price of a pizza at Godfather’s Pizza.  Yes, Godfather’s Pizza– where the current Republican presidential nominee Herman Cain was the CEO.  Jon Huntsman was clearly prescient in his pronouncement. Herman Cain may not be the next president, but he damn sure knows how to [...]

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The Disintegrating Middle Class

April 6th, 2011 · No Comments · america, Democracy, News, Politics

It’s already on the verge of happening, but it’s magnitude can be hard quantify until you read pieces such as Stiglitz here: The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles, but there is one thing that money doesn’t seem to have bought: an understanding that [...]

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Unions And Debts

February 28th, 2011 · No Comments · america, Democracy, Democrats, Politics, Republicans

Do unions drive state budgets into Debt?  Check out the dueling graphs presented by John Sides and try to draw your own conclusions.  

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The Tax Myth Exposed

February 8th, 2011 · 1 Comment · america, Politics

But I thought the taxes were too damn high? WASHINGTON – Taxes too high? Actually, as a share of the nation’s economy, Uncle Sam’s take this year will be the lowest since 1950, when the Korean War was just getting under way.And for the third straight year, American families and businesses will pay less in [...]

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President Obama Has Created More Jobs Than President George W. Bush–In One Year

January 8th, 2011 · 3 Comments · america, Democracy, Democrats, Politics, Republicans

I wrote a post back in May asking the question will President Barack Obama create more jobs in one year than President George W. Bush created in eight? We now have an answer to that question, and it is a resounding yes.  ThinkProgress: Indeed, from February 2001, Bush’s first full month in office, through January [...]

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Making Sense Of Unemployment Insurance

December 14th, 2010 · 3 Comments · america, Democracy, News, Politics

Want real evidence of what works and what doesn’t with unemployment insurance?  Ezra breaks it down quite simply here. North Dakota, for instance, has a very low unemployment rate. It doesn’t make sense to have 99 weeks of unemployment benefits in a state where unemployment is 2.8 percent. That’s when unemployment benefits really do discourage [...]

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Is It Capitulation, Or Something Much More Clever?

December 8th, 2010 · 1 Comment · america, Democracy, News, Politics, Republicans

I’m a wild-eyed optimist,  my anger is subsiding about this tax compromise President Obama reached with republicans.  Here’s what makes this tax cut deal almost palatable:  The president was able to procure several important tax incentives for the unemployed, the poor, and the middle class–items republicans normally would rather kill before including in any legislation.  [...]

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Is The Obama Administration Ready To Capitulate On The Bush Tax Cuts?

November 11th, 2010 · No Comments · america, Elections, Politics

The Obama administration is many things in my eyes.  But one thing I would have never dreamed calling them would be quitters.   There are reports indicating the president is ready to give up the fight on the Bush tax cuts before it even begins. David Axelrod, President Barack Obama’s top adviser, is signaling that it [...]

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The GOP Tax Cut Time Bomb

November 2nd, 2010 · No Comments · america, Elections, News, Politics, Republicans

If Republicans sweep back into power, the clock starts to tick on their most pertinent “solution” to the economic crisis.  Are they going to be able to double speak?  Ezra illustrates the conundrum here: It doesn’t help that you’ve been running off at the mouth for the past year and a half about extending all [...]

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Where Are They?

October 18th, 2010 · No Comments · america, Elections, News, Politics

Just when you hope democrats open their mouths to speak–they clam up, possibly afraid to invoke the work “deficit.” Even when it’s they who are being fiscally responsible in cutting the “deficit.” ..the $122 billion improvement on the deficit “is the biggest one-year nominal drop in the deficit that has ever occurred.” We probably won’t [...]

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