How bad has the money-in-politics situation gotten? A new study by researchers at Princeton and Northwestern universities found that, and I'm quoting directly here: "When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.”

Category: No Job News

For decades we’ve been subjected to constant propaganda that government is inefficient, bureaucratic and expensive. We’re told that the answer is to “privatize,” or “outsource” government functions to private businesses and they will do things more efficiently and everyone comes out ahead. As a result we have experienced decades of privatization of

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Category: Web Sourced News

A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play — at our expense. And big oil giants like ExxonMobil have been outraging Americans for years.

But plenty of other corporate giants that inflate our inequality have been flying under the radar screen. Who, for instance, has ever heard of

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Category: Web Sourced News
Thursday, July 24, 2014

Tax Cuts Will NOT Help The Unemployed

 

With corporations already awash in cash, tax cuts won’t get them to start hiring people. The Washington Post quotes Zachary Karabell, president of River Twice Research: "There's not a whole lot that you could do to entice companies to hire. You could cut taxes on them, but they're not going to hire just because they have the extra cash, because they already have the extra cash."
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