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Unbridled capitalism
Posted on Author admin
Unemployment is high, income equality is increasing, tax rates are the lowest they’ve been in decades, and US debt is about $16 trillion dollars. The debt is due to unfunded disastrous wars, bailouts for billionaires, the Reagan and Bush tax cuts for the rich, corruption, the subprime crash, and high cost medical care resulting from […]
What about the Middle Class?
Posted on Author AlexStone
The title of recent article in Bloomberg Businessweek says it all: Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened. Much of this imbalance in income growth can be explained by looking at where the growth has happened. Big gains in the stock market have buoyed most indexes close to pre-recession levels, but […]
Conservative ideology
Posted on Author admin
Conservative ideology is based on protecting rich people from having to pay for the benefits they reap from government: peace at home, stable markets, infrastructure, an educated work force, research, potable water, clean air, public health, etc. Conservatives wasted trillions on corrupt, disastrous wars and are happy to pay subsidies to corporate farmers and Big […]