‘I Dream of Gini’ – Measuring Income Inequality

One of the problems with economics is that economists use complex words like “coefficient,” making a term like “Gini coefficient” unpopular before people even know what it means. If the term referred to some abstract number that people use to explain recessions it probably wouldn’t be worth explaining. This number, however, has been connected to fetal mortality and the likelihood that crazies will go shooting up our preschools, so it’s worth a little more than a dismissive glance.… [Read more]

Make Them Eat Cake

The US House of Representatives voted to defund  $40 billion dollars from the SNAP program of food assistance for the poorest of the poor. SNAP, better known as the food stamps assistance program, is claimed by some in the House to be a program steeped in fraud.   That’s right — people are stealing a whopping $4.50 a day and some people are getting fat off food stamps, making them lazy.… [Read more]

If they don’t want to be part of the social contract, let them go.

I met a woman recently and she asked this question: Why should the government have the right to tax people and tell them how much they should pay in taxes for things they do not want, like feeding the poor?

She did not believe the government should be in the business of taking care of poor people.… [Read more]

Ann Romney – Mother of the Century

For a while there, it looked like the culture wars had been put to bed, if not for good then for a lengthy slumber. Turns out it was for slightly longer than a cat nap. And whom do we have to thank for this latest wake-up call? None other than Ann Romney.

In a recent tweet, Mrs.… [Read more]

99% vs 1% – A New Name For An Old American Institution

When Mitt Romney said, “I’m not concerned about the very poor. We have a safety net there. If it needs a repair, I’ll fix it. I’m not concerned about the very rich; they’re doing just fine,” I was outraged. Many other people were outraged too – poor and rich alike. There is quite obviously a gaping tear in the “safety net.”

When the politicians and talking heads began blaming President Obama for starting a “class war,” I was incensed.… [Read more]

I Don’t Want Nobody To Give Me Nothing…

…Open up the door, I’ll get it myself.  Class warfare?  Indeed… But not in the way it has been portrayed by the masters of spin. It’s about equity, equality, opportunities and a level playing field.

I don’t want nobody to give me nothing.

Open up the door…I’ll get it myself.

     ~ James Brown[Read more]

Fix It!!

"This is war(fare)"! We've heard that declaration quite frequently though, in recent weeks, the rhetoric has toned down somewhat and been replaced by other nonsense spewed by the CONservative spin meisters. Despite being ratcheted down a notch, the whining and lying talking points from the right continue to focus on how the poor and middle-class have declared war against the ultra-rich. Read more...