Romney’s Trickle Down Economics Plan Is Bound To Fail

As the Presidential election draws ever closer, talk concerning how to deal with the economy has intensified. Last week’s 2nd Presidential Debate gave voters the clearest distinction yet between President Obama’s pragmatic plan for economic growth and GOP candidate Mitt Romney’s preposterous ‘vision’ embracing Reagan’s failed trickle down economics.

Political observers on the left rightly point out that President Obama still has a great deal of work to do to remedy the mess the created by 8 years of George W.… [Read more]

President Obama Needs To Quiz Romney on the Economy

During recent months, much has been said about President Obama’s economic policies. The GOP have relentlessly claimed his ‘reckless’ spending spree is making matters worse. The Republican presidential nominee, Mitt Romney thinks the government is spending too much, and is failing to create any new jobs. With less than a month before election day Romney still hasn’t given us any concrete plans on how he plans to remedy this situation.… [Read more]

The Cargo Cults of America

People do some funny things when they don’t understand what’s going on. In the 1940s, the U.S. built a lot of air strips on tropical islands where the most advanced technology was the fishing net. The inhabitants of these islands thought that the airplanes were almost as miraculous as the cargo they brought. They had no concept of industrial manufacturing, so when they decided that they wanted some of that cargo, the only way they could think to go about it was to imitate the strange behaviors of the people who received the cargo.… [Read more]

The Bare Minimum…Wage

Living in one of Americas most expensive cities, and hailing from an expensive city overseas, has often made me wonder what it would be like to live somewhere with a significantly lower cost of living. I’m sure that neither the salaries nor the perks of living in NYC would be quite what I’d want them to be.… [Read more]

American Jubilee

America needs a Jubilee, a period of loan forgiveness, and a reset of the income disparity, From CEO to Janitor, starting with a Guaranteed Living Wage. The latest report on income disparity and CEOs is just another example how out of whack America has gone. It has been reported by the Department of Labor that over the last two years the average worker has seen his wages go down by 2%, CEO’s salaries have increased 43% and since 1978 CEO salaries have risen 725%.… [Read more]

Corporations Are People? I Beg to Differ

“Everything corporations earn ultimately goes to the people .”

This little nugget came from none other than presumptive GOP nominee and proud 1%er Mitt Romney. It’s a quote consistent with the time-honored conservative Reagan dogma. Of course, I’m referring to Trickle Down Economics – the theory that wealth-oriented growth models ultimately see profits trickle down to the lower and middle classes.… [Read more]