Posts Tagged ‘economy’
5 Truths You Won’t Hear At CPAC
5 Truths You Won’t Hear At CPAC From The Century Foundation It’s that time of year again. That glorious weekend when thousands of uniquely dressed conservatives descend on Washington, D.C. to celebrate being the political advocates for upper-class, white, heterosexual Americans. For those of you who were not invited and will be watching from home, here are five truths you won’t hear at CPAC: 1. We need more government spending, not less. The U.S. is currently ... Full Story
Republicans are the Big Government Party
Unemployment Rate Would be 7.1 Percent Without Government Cuts March 11th, 2013 By Jason Sattler One of the biggest Republican myths of the last four years is that the government has been exploding in size. The truth is that federal, state and local governments have cut more than 750,000 jobs since June of 2009. If those jobs hadn’t been lost, the unemployment rate would now be 7.1 percent, according to the Labor Department. The total number of people ... Full Story
Yellowstone gets real about budget cuts
By Lisa Rein MAMMOTH HOT SPRINGS, Wyo. — The giant yellow snowplows that wake Yellowstone from its winter slumber every March are idled, waiting for the sun to make up for federal budget cuts that are forcing the park to open late for peak season. Mandatory cuts kicked in three days before the plows were to start clearing snow and ice from 300 roads at altitudes that reach 11,000 feet. Faced with an order from Washington to slice $1.8 million from his budget, the park ... Full Story
Trickle down doesn’t work
Republicans Try to Suppress Facts By William Boardman Congressional research service meets republican memory hole Late on a Friday in September, the Congressional Research Service (CRS), a respected agency within the Library of Congress, released a report concluding, in effect, that there is no objective support for core Republican economic policies. Reducing the top tax rates, the report concludes, has no correlation with the nation's economic growth, but does contribute to ... Full Story
The truth about jobs
Obama vs. Romney: Jobs By Bob Burnett Jobs and the economy remain Americans' number one concern. While Barack Obama and Mitt Romney have promised to create millions of jobs if they are elected President, there are stark differences between their plans. In the first presidential debate, Romney promised , "If I'm president I will create... 12 million new jobs," the equivalent of 250,000 jobs per month for 48 months. The Washington Post "Factchecker" ... Full Story
Romney’s magic economy plan
Romney and his allies say the economy will just come back if he wins -- because the rich are on strike. He's wrong By Andrew Leonard Romney was quite clear on this point in his infamous “47 percent” speech. Romney told his audience that “if we win on November 6th there will be a great deal of optimism about the future of this country. We’ll see capital come back, and we’ll see — without actually doing anything — ... Full Story
Revolt of the Rich
Our financial elites are the new secessionists. By Mike Lofgren It was 1993, during congressional debate over the North American Free Trade Agreement. I was having lunch with a staffer for one of the rare Republican congressmen who opposed the policy of so-called free trade. To this day, I remember something my colleague said: “The rich elites of this country have far more in common with their counterparts in London, Paris, and Tokyo than with their fellow American citizens.” That ... Full Story
Is President Obama a big spender?
The answer is a big yes and no. As Mark Twain said, “Figures don’t lie, but liars figure.” It is not exactly a case of “lying,” but rather a case of putting a spin on what the numbers mean. The two articles from Forbes Magazine presented below are excellent examples. In “ Who Is The Smallest Government Spender Since Eisenhower?” a May, 2012 article, Rick Ungar makes the case that it is Barack Obama. He includes a graph that shows the annualized growth ... Full Story
Mitt Romney, casino capitalist
Mitt Romney and the New Gilded Age By Robert B. Reich The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who so brazenly epitomizes the excesses of casino capitalism that have nearly destroyed the economy and overwhelmed our democracy. The second is why the Democrats have failed to point this out. The White House has criticized Mitt Romney for his years at the helm ... Full Story
Romney, Bain, Romney never left
Caught In A Lie: Romney Invested In Medical Waste Firm That Disposed Of Aborted Fetuses By Henry Decker Mitt Romney’s Bain problem just got a lot worse. According to a new report by Mother Jones’ David Corn, Bain Capital made a $75 million investment in Stericycle — a medical waste disposal firm that has been attacked by right wing groups for disposing of aborted fetuses — while Romney was still actively involved in the company in 1999. This news is sure to ... Full Story
