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Tag Archives: Income Inequality

Known By Their Deeds

Recently, Republicans have been trying to sound like class warriors, claiming that they care about the widening gap between the rich and the poor. Former VP candidate Paul Ryan (R-WI) complained that “The Obmamnomics that we’re practicing now have exacerbated inequality”, and added that only “the wealthy are doing really well.” In January, Mitt Romney […]

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The Pitchforks are Coming!

Like Nick Hanauer, I am an unrepentant capitalist. But capitalism only works if, as he says, it is well managed. And right now, we are doing a worse than terrible job of managing our capitalists and plutocrats. Income inequality is rising at insane rates. The end result, history has shown us again and again, is […]

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Picking Winners and Losers

© Ruben Bolling Any time I hear someone say “the government shouldn’t pick winners and losers” I have to laugh. Almost everything the government does picks winners and losers. When something becomes illegal, the people who were doing that thing become losers. When Congress gives tax breaks, the people who receive those breaks become winners. […]

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Wall Street Trick (us) And Treat (themselves) 365 Days a Year

©Garrincha Another quote from P.J. O’Rourke: Economic history since the Industrial Revolution proves — be the rich however stinking rich — we ordinary people can make more of the good things in life. But we have to make them ourselves, with our knowledge, skills and hard work. Government can’t give us good things. Government doesn’t […]

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