Readers of this blog know that for many, many months I’ve been very skeptical about the feel-good economic news that seemed to be all the rage last Fall and earlier this year. Back in October, for example, I pointed out (not for the first time) how growth in the Gross Domestic Product (GDP) can be […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Economy"
ABC’s of Off-Shoring
Posted on 08 June 2006.
Yours truly has a crazy day today from dawn until midnight (okay, so the very last part of it is sneaking in the final game of the Yankees-Red Sox game at The Stadium) so this one is a quick and simple post: the Economic Policy Institute has a guide to off-shoring that helps gets the […]
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The Disconnect
Posted on 07 June 2006.
You have to shake your head when you see this contradictory reality. The chairman of the Federal Reserve, Ben Bernanke, gave a “tough talk” on inflation, according to The New York Times yesterday. In his toughest comments yet about the risks of inflation, Mr. Bernanke said consumer prices were rising faster than he would like. […]
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Keep The Estate Tax
Posted on 06 June 2006.
Today is the national call-in day to stop the repeal of the estate tax. I’ve written about this issue and highlighted the secret cabal of a few super-rich families (including the Waltons of Wal-Mart) who have been funding the campaign to repeal the estate tax. So, let’s get right to it. Here’s info from the […]
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More Evidence of Greed
Posted on 04 June 2006.
Not that you would be surprised but…the folks at the Economic Policy Institute show us that “In reality, the distribution of the after-tax gains was stacked heavily in favor of the highest-income taxpayers.” Duh. More here.
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Stop More Tax Cuts For Rich
Posted on 28 May 2006.
My friends at Democrats.com write: Please block the proposed repeal or partial repeal of what’s left of the estate tax, and condemn its supporters for this latest attempt to transfer working people’s wealth to the super-wealthy. Senator Jon Kyl’s (R-AZ) “reform” proposal would eliminate most of what remains of this tax, a tax that is […]
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Canadians Do Have It Better
Posted on 27 May 2006.
Every so often, you hear trickle out the misrepresentations about the Canadian health care system…that it isn’t all that great. Wonder where that comes from? Our friends at the Physicians for a National Health Program sent along this interesting info: A study by Harvard Medical School researchers in the July, 2006 issue of the American […]
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College Isn’t the Easy Ticket
Posted on 26 May 2006.
I’ve been on this kick for a long time: education, unlike what Robert Reich and some other people preach, isn’t the solution for people who are trying to figure out how to contend with the economic future–it’s about corporate power and the battering of peoples’ standard of living, something getting another degree won’t solve. Our […]
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Follow The Money
Posted on 19 May 2006.
We are all pretty familiar with the idea that the rich get most of the money in our society. Check out this fact from Lee Price at the Economic Policy Institute: When those families are ranked by the size of their wealth, however, the top 1%2 alone held $16.8 trillion in wealth, more than a […]
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Can Anyone Count $800 Billion?
Posted on 13 May 2006.
Don’t get your hopes up about the trade decifit, according to EPI Economist Robert Scott. There was a minor improvement in the trade deficit in March–but it’s headed to go over $800 billion this year. Wow. Says Scott: “The slight improvement in the trade deficit in March was largely explained by seasonally adjusted growth in […]
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