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thinkahol *

Actually, "the Rich" Don't "Create Jobs," We Do | Truthout - 0 views

truthout.org/...1305380742

hear it again and variation after on a core message: if you tax rich people kills jobs. about job-killing tax hikes or that taxing the rich hurts jobs taxes kill jobs taxes take money out of the economy the they won't be able to provide jobs. ... on and o

shared by thinkahol * on 15 May 11 - No Cached
  • thinkahol * on 15 May 11
     
    You hear it again and again, varia­tion after varia­tion on a core mes­sage: if you tax rich peo­ple it kills jobs. You hear about "job-killing tax hikes," or that "tax­ing the rich hurts jobs," "taxes kill jobs," "taxes take money out of the economy, "if you tax the rich they won't be able to pro­vide jobs." ... on and on it goes. So do we rea­l­ly de­pend on "the rich" to "create" jobs? Or do jobs get created when they fill a need?
thinkahol *

The Moment When the Police Lost the Occupy Portland Narrative | Blogtown, PDX - 0 views

blogtown.portlandmercury.com/...occupy-portland

Moment When the Police Lost Occupy Portland Narrative | Blogtown PDX

shared by thinkahol * on 18 Nov 11 - No Cached
  • thinkahol * on 18 Nov 11
     
    Well, it turned. The police bureau is starting to crack after six weeks of Occupy Portland. And one picture, right here, crystallizes the precise moment when it happened. During a choreographed effort to pull a few dozen protesters out of the Chase bank branch outside Pioneer Square, part of today's hundreds-strong N17 day of action, Portland police officers resorted to a decidedly more muscular show of force in a clash watched by TV cameras and rush-hour commuters earlier this evening. Suddenly all the fun-the dance parties, the union songs, the peaceful arrests earlier on the Steel Bridge and at Wells Fargo-was for naught. Tromping in with mounted officers, they pushed marchers who had gathered on the sidewalks along SW Yamhill into the street-forcing them to block MAX trains, something no one was doing until the heavily armored riot squad showed up-and then poked and, for the first time, pepper-sprayed the marchers. Significantly, some of the spraying came after protesters had clearly retreated to the opposite sidewalk. (In another odd shift, there also was no federal-court-required verbal PA warning that chemical munitions would be deployed-a hallmark of every other mass police action to date.) Meanwhile, at almost the very same moment, Police Chief Mike Reese was on TV blaming Occupy Portland for his officers' inability to respond to a rape victim for three hours today. Consider that tantamount to a declaration of war. Reese's point? Officers are tired and have been too distracted to do their main jobs: responding to actual crimes. It was an attempt to spin sentiment against the movement, which seems to be attracting adherents. Even the O today said the movement is "building momentum" and said the average age of some 34 arrestees earlier today was 50-not a bunch of young, anarchists/punks/hoodlums/hippies/road warriors etc. But that might come back to haunt him, judging by a wave of outrage on Twitter and elsewhere among those who noted that it
thinkahol *

PolitiFact | Obama says stimulus is responsible for 2 million jobs saved or created - 0 views

www.politifact.com/...responsible-millions-jobs-save

PolitiFact | Obama says stimulus is responsible for 2 million jobs saved or created

shared by thinkahol * on 22 Sep 11 - No Cached
  • thinkahol * on 22 Sep 11
     
    "So far, the Recovery Act is responsible for the jobs of about 2 million Americans who would otherwise be unemployed. ... [And] the Recovery Act is on track to save or create another 1.5 million jobs in 2010."
thinkahol *

t r u t h o u t | Five Ways the Democrats Can Avoid a Catastrophe and Pull Off the Moth... - 0 views

www.truth-out.org/ull-off-mother-all-upsets63784

t r u h o | Five Ways the Democrats Can Avoid a Catastrophe and Pull Off Mother of All Upsets

shared by thinkahol * on 06 Oct 10 - No Cached
  • thinkahol * on 06 Oct 10
     
    The election is one month from tomorrow and, yes, it looks hopeless. November 2nd -- the day the Dems are expected to crash and burn. Sadly, it's a situation the Democrats have brought upon themselves -- even though the majority of them didn't create the mess we're in. But they've had over a year and a half to start getting the job done to fix it. Instead, they've run scared ever since they took power. To many, the shellacking they're about to receive is one they deserve.
Bakari Chavanu

Robert Reich: David Brooks is Dead Wrong About Inequality | Alternet - 0 views

www.alternet.org/...ks-dead-wrong-about-inequality

shared by Bakari Chavanu on 22 Jan 14 - No Cached
  • Such is the case with his New York Times  column last Friday, arguing that we should be focusing on the “interrelated social problems of the poor” rather than on inequality, and that the two are fundamentally distinct.
    • Bakari Chavanu
      Bakari Chavanu on 22 Jan 14
       
      It's the old blame the poor argument.
  • Once the middle class has exhausted all its coping mechanisms – wives and mothers surging into paid work (as they did in the 1970s and 1980s), longer working hours (which characterized the 1990s), and deep indebtedness (2002 to 2008) – the inevitable result is fewer jobs and slow growth, as we continue to experience.
  • Third, America’s shrinking middle class also hobbles upward mobility. Not only is there less money for good schools, job training, and social services, but the poor face a more difficult challenge moving upward because the income ladder is far longer than it used to be, and its middle rungs have disappeared.
  • ...1 more annotation...
  • o the contrary, as wealth has accumulated at the top, Washington has reduced taxes on the wealthy, expanded tax loopholes that disproportionately benefit the rich, deregulated Wall Street, and provided ever larger subsidies, bailouts, and tax breaks for large corporations. The only things that have trickled down to the middle and poor besides fewer jobs and smaller paychecks are public services that are increasingly inadequate because they’re starved for money.
Sarah Eeee

Income Inequality and the 'Superstar Effect' - NYTimes.com - 0 views

www.nytimes.com/...26excerpt.html

inequality economics capitalism

shared by Sarah Eeee on 27 Dec 10 - No Cached
  • In 1982, the top 1 percent of pop stars, in terms of pay, raked in 26 percent of concert ticket revenue. In 2003, that top percentage of stars — names like Justin Timberlake, Christina Aguilera or 50 Cent — was taking 56 percent of the concert pie.
  • . In an article entitled “The Economics of Superstars,” he argued that technological changes would allow the best performers in a given field to serve a bigger market and thus reap a greater share of its revenue. But this would also reduce the spoils available to the less gifted in the business.
  • IF one loosens slightly the role played by technological progress, Dr. Rosen’s framework also does a pretty good job explaining the evolution of executive pay. In 1977, an elite chief executive working at one of America’s top 100 companies earned about 50 times the wage of its average worker. Three decades later, the nation’s best-paid C.E.O.’s made about 1,100 times the pay of a worker on the production line.
  • ...2 more annotations...
  • CAPITALISM relies on inequality. Like differences in other prices, pay disparities steer resources — in this case, people — to where they would be most productively employed.
  • In poor economies, fast economic growth increases inequality as some workers profit from new opportunities and others do not. The share of national income accruing to the top 1 percent of the Chinese population more than doubled from 1986 to 2003.
  • Sarah Eeee on 27 Dec 10
     
    What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries. (Part 1 of 2)
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