Posts Tagged ‘poor’
Bye, Bye American Dream!
Bye, Bye American Dream! U.S. Economic Inequality Is Permanent, Study Finds By Steven Rosenfeld Analysis of two decades of income tax trends also find the rich consume more. A new study by a team of economists in academia and the government has concluded that economic inequality is a permanent—not temporary—feature in the United States, based on an analysis of 350,000 federal income tax returns between 1987 and 2009. “For household income, both before and after taxes, ... Full Story
Why the war on the poor
Two articles from the Huffington post on the inequalities of wealth and income and the hypocrisy of the financial elite. CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks By Christina Wilkie and Ryan Grimm WASHINGTON -- The corporate CEOs who have made a high-profile foray into deficit negotiations have themselves been substantially responsible for the size of the deficit they now want closed. The companies ... Full Story
Confessions of a Former Republican
Joining the Reality-Based Community Or How I Learned to Stop Loving the Bombs and Start Worrying By Jeremiah Goulka I used to be a serious Republican, moderate and business-oriented, who planned for a public-service career in Republican politics. But I am a Republican no longer. There’s an old joke we Republicans used to tell that goes something like this: “If you’re young and not a Democrat, you’re heartless. If you grow up ... Full Story
Obama not a Sociaist
Is Obama a Socialist? By Tom Head, About.com Guide Answer: Not by any definition of the term that mainstream socialists would consider acceptable. It's true that both the Bush and Obama administrations introduced government subsidies in industries that the government has not historically subsidized to the same extent, but this is not, strictly speaking, a socialist move because it does nothing to concentrate ... Full Story
Republicans hide from Nuns on the Bus
‘Nuns on the Bus’: Investigated but irrepressible U.S. Catholic bishops have launched a much-ballyhooed “Fortnight for Freedom” in protest against HHS’ birth control mandate and gay marriage, with masses at basilicas and sermons by such right-thinking prelates as Archbishop Charles Chaput of Philadelphia. The national event is being upstaged, however, by “Nuns on the Bus,” a 14-day, nine-city bus tour by four Catholic nuns that ... Full Story
American middle class: dead?
Professor Starr writes about the "Hourglass Economy," one in which the economy consists mainly of the rich and the poor with only a small middle class. Examples of this type of economy abound. Many South American and African countries come to mind. Without a strong and prosperous middle class, the United States is destined to become a third-rate nation. America will not longer be a world power or a major player in world economics. This will mark the end of the "American Dream" and the ... Full Story
Poor who owe child support could lose federal benefits
Poor who owe child support could lose federal benefits By Associated Press, Thousands of poor and disabled men stand to lose their only income next year because of a change in government policy that will allow states to seize every dollar of federal benefits from people who owe back child support.Previously, states could capture only 65 percent of benefits from people who opted to be ... Full Story
With Liberty and Justice for Some
By :Glenn Greenwald Book Excerpt As a litigator who practiced for more than a decade in federal and state courts across the country, I’ve long been aware of the inequities that pervade the American justice system. The rich enjoy superior legal representation and therefore much better prospects for success in court than the poor. The powerful are treated with far more deference by judges than the powerless. The same cultural, socioeconomic, and demographic ... Full Story
Class Warfare: Q&A
With all the talk about class warfare the commentary on the Rasmusen Reports is enlightening. It is also enlightening that when ever the subject is brought up by conservatives, it is made to sound that class warfare is bad. The Koch brothers and their ilk are, and have been actively engaged in class war fare for some time now yet there has been no hue and cry from the conservatives. Why is it that when the less affluent want more it is class war fare and when the wealthy want more it ... Full Story
The Tax Hikes That Republicans Love
The Tax Hikes That Republicans Love A Commentary By Joe Conason Saturday, October 15, 2011 From the tea parties to the corporate boardrooms to the presidential debate platforms, we hear a familiar droning whine about taxes -- except the angry message is no longer simply that taxes are too high. Today, conservative politicians and pundits complain instead that some people, namely those too poor to owe federal income taxes, aren't paying enough. ... Full Story
