I’m listing to the President’s State of the Union address right now, and wondering how in the hell any of the Republicans currently fighting for their party’s nomination think they’ve got a realistic shot against him come November. I know it’s just a speech, and a lot of the ideas will never come to fruition, […]
Tag Archives: income inequality
Obama decides to channel the populist Teddy Roosevelt in 2012 campaign
It wasn’t billed as a campaign stop, but, today, in Osawatomie, Kansas, President Obama delivered a fiery, progressive speech that seems calculated to define the 2012 campaign… and shift focus away from the fact that no significant job creation has taken place under his watch. The speech, for those of you who haven’t already heard, […]
Harvard students walk out of Econ class they say “perpetuates problematic and inefficient systems of economic inequality in our society”
Apparently several Harvard students enrolled in Professor Greg Mankiw’s Economics 10 class walked out yesterday. Following is their open letter to Mankiw. Today, we are walking out of your class, Economics 10, in order to express our discontent with the bias inherent in this introductory economics course. We are deeply concerned about the way that […]
As the narrative evolves, the people occupying Wall Street are no longer hapless hippies but terrorists and revolutionaries
It would appear that movement to hold Wall Street accountable for the crimes of the past several years, and put an end to the growing income inequality in the United States is starting taking hold. Not only are a number of unions and progressive groups stepping up to show support for the men and women […]
Use of food stamps, sale of luxury goods – on the rise
I read some terrible news today. According to new data released by the IRS, it looks like the incomes of non-wealthy Americans fell dramatically in 2009, “with total income down 15.2 percent in real terms since 2007.” It wasn’t all bad news today, though. It was also reported that the sale of high-end luxury goods […]