Posted on 05 August 2020. Tags: Bernie Sanders, Budgets, Convention, COVID-19, Democrats, Michael Leachman, Progressives, States
The pandemic has ripped a hole through every state budget in the country to the tune collectively of over $550 billion. That red ink is more than half a trillion dollars in money states won’t have—which translates into millions of people losing their jobs, services being decimated that we all rely on, attacks against people […]
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Posted in Audio, Economy, General Interest, Podcast, Politics
Posted on 08 July 2020. Tags: Cathy Feingold, China, Hong Konk, Pramila Jayapal, States, Stimulus, Student Debt, Wages
Let’s go really big! I outline a $6.5 trillion stimulus—more than double what the Democrats in the House passed—because that’s what the people need over the next year: $1.3 trillion in wage guarantees; $715 billion for state and local governments; $600 billion for a “Pandemic Medicare For All”; $1.5 trillion to cancel all student […]
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Posted in Audio, Current Events, Economy, Labor, Podcast, Workers
Posted on 06 May 2020. Tags: Corona Virus, COVID-19, ITEP, Meg Wiehe, Poultry Workers, RWDSU, States, Stuart Appelbaum
It is quite something to hear the elites in Washington—especially Republican members of Congress and the menace in the White House—blather on about wanting to wait to see how well the previous, inadequate fiscal stimulus works before deciding whether to do anything else. That’s while tens of millions of people are in the streets, huge […]
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Posted in Audio, Economy, Labor, Podcast, Workers
Posted on 14 January 2015. Tags: Class Warfare, Fiscal Policy Institute, Institute on Taxation and Economic Policy, States, Taxes
Not that this should be entirely shocking but this should end the debate about how is getting fleeced and who carries the burden in society. And it’s useful to have this handy to dispatch to the usual class warfare deniers.
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Posted in General Interest
Posted on 19 March 2013. Tags: Center for Economic and Policy Research, Medicaid, medicare, States
If you sit and worry about how to save public money, it’s no mystery — go after the drug companies and health insurance mafia. That’s where real money is.
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Posted in General Interest
Posted on 30 January 2013. Tags: Sales Tax, States, Taxes
We tend to hear most of the rhetoric on taxes focus on federal taxes — and there certainly is good reason to do so. But, the underbelly of the system — and the way in which the poorest people are screwed — can also be seen at the state and local level.
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Posted in General Interest
Posted on 17 January 2013. Tags: Jerry Brown, States, Taxes
With all the foolishness everyone seems to associate with the folks in Washington, D.C., don’t worry — coming to a state near you will be same lame-brained ideas that have caused a heap of damage for decades. You know the rap: lower taxes because, presto, that’s the magic potion for all that can be good. Oh, no.
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Posted in General Interest
Posted on 16 February 2011. Tags: American Dream, Center for Economic and Policy Research, Dean Baker, Fairness, Financial Crisis, Greed, Middle Class, Pensions, Progressive Taxes, Public Workers, States, The Rich, Unions
You’ve heard (and, in some cases, unfortunately, been persuaded) that "generous" pensions given to public employees has caused great deficits in pensions and state budgets. It’s nonsense. And here are the facts to prove it. The Center for Economic and Policy Research has a very important study out. It must be given wide […]
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Posted in General Interest
Posted on 25 January 2011. Tags: Center for Economic and Policy Research, Dean Baker, Debt, Deficits, Financial Transactions Tax, Government, States, Taxes, Wall Street
In the lore of political budgetary rhetoric, Sen Everett Dirksen’s observation is often useful: “A billion here, a billion there, pretty soon it adds up to real money” he is rumored to have said–rumored because there is some debate about whether he actually used that whole phrase. But, whatever–it’s useful to our current discussion. Where […]
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Posted in General Interest
Posted on 22 January 2011. Tags: American Dream, Fairness, Financial Crisis, Greed, Middle Class, Pensions, Progressive Taxes, Public Workers, States, The Rich, Unions
Each day brings a stupefying new chapter in the class warfare underway in America. Today, it’s the unfathomable idea that regular people who had worked their entire lives serving the public should now be effectively cast out into the cold, their pensions ripped up. But, what we need to connect is this: there is […]
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Posted in General Interest