December 3, 2013

Robust Consumer Demand Creates Jobs, And Jules From Pulp Fiction Agrees

You know what I’ve had just about enough of? Pipe dreams sold to the masses by the narcissism fueled by greed and wealth. Or in other words, I’m tired of hearing the phrase “job creators” and I’m both fatigued and annoyed every time I hear someone say the wealthy create jobs. And I’m overcome by a fierce rage when I hear yet another gutless politician say we need to give more tax breaks to companies and individuals who are already hoarding large sums of cash so that maybe, just maybe out of the kindness of their gold lined hearts they might see it fit to create a job or two. But oh yeah, then reality intrudes, and I’m reminded that they aren’t going to create those jobs if there isn’t the demand to justify those positions in the first place.

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September 12, 2013

The Public Is Obtuse On Medicare Spending, While Conservative ‘Leaders’ Bank On This Ignorance

There are conservatives who believe government is incapable of doing anything meaningful. They believe the only true purpose of government is national security. And these conservatives believe programs like Medicare are saddled with massive fraud and waste. And there are conservatives who are on Medicare that hold these beliefs while gobbling up more Medicare services than they paid for. But because they are conservatives, that means they abhor welfare, and would never be caught getting a free handout. And they believe this of themselves because they are ignorant to the fact that Medicare pays $3 in benefits for every $1 it takes in.

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April 14, 2013

Obama’s Proposed Social Security Cuts Are Wrong

Last week, The White House released a summary of President Obama’s budget. The proposal aims for a 3 to 1 spending cuts to tax increase ratio to reduce the deficit over the next 10 years. But the biggest headline from Obama’s budget plan is the $230 billion he wants to cut from Social Security.

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April 2, 2013

Fact of the Day: In 2012, Corporate Profits Hit Record 11.1 Percent Of GDP

Corporate Profits - Percent of GDP - Quarter 3, 2012It might only be four years and change since the worst economic downturn since the Great Depression, but you wouldn’t know it if you looked at corporate profits of late. In the 3rd quarter of 2012, corporate profits hit an all-time high of 11.1% of Gross Domestic Product (GDP). This is at the same time that the unemployment rate is still nearly 8%, and wages are stagnant or worse.

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March 31, 2013

MHP: Corporate Welfare Queens, And The America They Hold Hostage

I was glad to see today’s Melissa Harris-Perry (MHP) show focus on the real takers in society, big corporations and their obscenely rich executives. As Americans gather with family today with plates overflowing (as Americans do on just about any holiday), we should remember that tens of millions of Americans rely on food stamps for their next meal.

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February 20, 2013

Republicans Are Cowards On Taxes

You gotta love MSNBC’s Lawrence O’Donnell. On The Last Word, he called out Republican cowardice on taxes during the Rewrite segment. The crux of the presentation focused on one simple fact — Democrats are responsible when it comes to taxation and Republicans bank on it.

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