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The Fruits of the Trickle Down Tree
Fresh analysis of household income growth from the Congressional Budget Office (CBO) confirms what most of us are already aware of, but gives it a solid numerical value. The top 1 percent of earners in...
View ArticleIt Didn’t Work Then. It Doesn’t Work Now.
Has any modern president issued such a direct repudiation of Trickle Down economics? Now, just as there was in Teddy Roosevelt’s time, there’s been a certain crowd in Washington for the last few...
View ArticleYou’re On Your Own Economics
In case you missed it, here’s President Obama speech from yesterday at the University of Vermont. The entire speech is good, and it serves as a preview of where the president intends to hit the...
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Chart of the Day
Your chart of the day courtesy of TPM. Not coincidentally, the gap between productivity and wages began to widen dramatically around the time Reagan said “government is the problem” and Americans fell...
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Fox Garbage Channel
Artist – Bill Day In other news, according to the Consumer Federation of America and the Consumer Planner Board of Standards, 38 percent of Americans now live paycheck-to-paycheck. Don’t worry. The...
View ArticleOn Paul Ryan’s “Yes” Vote
One of the most remarkable moments of last night’s fiscal cliff vote was former vice presidential candidate Paul Ryan’s vote to pass the bill. Nearly every Republican in the House shares the same views...
View ArticlePope Francis: Trickle-Down Economics ‘Never Confirmed by Facts’
I’m not sure how much longer conservatives can pretend Pope Francis doesn’t exist if he continues to say things like this. The pope also denounced “trickle-down” theories of economics promoted by many...
View ArticleRubio: Fight Poverty by Repealing Obamacare
Senator Marco Rubio (R-FL) is an unintentionally hilarious man and this, like many other similar proposals, are why the GOP is utterly incapable of appealing to women, minorities, and a growing number...
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President Obama Meeting Pope Francis While Wingnuts Clown
This past week, President Obama met with Pope Francis for the first time and they seemed to really hit it off– famously: March 27, 2014 at the Vatican. (SAUL LOEB/AFP/Getty Images) President Obama...
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