Showing posts with label Voo Doo Economics. Show all posts
Showing posts with label Voo Doo Economics. Show all posts

Thursday, February 7, 2013

Baby Boomers Take Huge Hit On 401k Plans. Now What?

Baby Boomers Take Huge Hit On 401k Plans. Now What?
"The current generation of soon-to-be retiring baby boomers is screwed. Between health care costs eating through retirement savings, the housing crash, and the likelihood that many of us who lost jobs in 2008 probably won't ever find one again, we're the biggest victims of Reagan 'trickle-down' theories."

Monday, December 24, 2012

Meet the Grandfather of the Fiscal Cliff: He Works for ALEC | Alternet

Meet the Grandfather of the Fiscal Cliff: He Works for ALEC | Alternet
"Arthur Laffer, author of the discredited trickle-down economics of the Reagan administration, is back with a vengeance, selling his snake oil to state legislatures across the nation."

Monday, August 27, 2012

In Tampa, Newt Gingrich, Scott Walker Plug Supply-Side Economics | Common Dreams

In Tampa, Newt Gingrich, Scott Walker Plug Supply-Side Economics | Common Dreams
"Wisconsin, along with the rest of the country, has experienced bad unemployment followed by a modest recovery. But during Walker's time in office, the state has hemorhaged jobs, leading the nation in job losses month after month. The recovery experienced by the rest of the nation, reflected in overall employment data, is significantly better than Wisconsin’s, which is a state that has historically had higher employment than most.

That's a clear warning sign about the Republican economic vision for America."

Thursday, August 23, 2012

Professional Malpractice by GOP Economists

Professional Malpractice by GOP Economists
"A big story among the dismal science set has been the Romney campaign's white paper on economic policy, which represents a concerted effort by three economists — Glenn Hubbard, Greg Mankiw and John Taylor — to destroy their own reputations. (Yes, there was a fourth author, Kevin Hassett. But the co-author of "Dow 36,000" doesn't exactly have a reputation to destroy.)
And when I talk about destroying reputations, I don't just mean that these three say things I disagree with. I mean flat-out, undeniable, professional malpractice."

Monday, August 20, 2012

On the Road to Ryan and Ruin       :    Information Clearing House: ICH

On the Road to Ryan and Ruin       :    Information Clearing House: ICH
"Following this ideology, a Mitt Romney and Paul Ryan presidency would most likely increase the pace of deregulation and destroy what is left of the country’s safety nets.  It would ultimately devastate the middle class, greatly increase the ranks of the poor and unemployed, do away with union rights, and reserve prosperity for the upper class alone.  All of this will be done in the name of the liberty.  And, it will be guided by an ideological paradigm that has already been historically proven to be disastrous."