Category Archives: Economy

Socialism

The president’s “job-killing” healthcare law and anti-business policies have seemingly had no effect on the pay of corporate CEOs. On the contrary, CEO pay is now higher than ever, breaking the record previously set in 2011. From the Associated Press. … Continue reading
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Posted in Economy | Tagged , , | 1 Comment

This Cannot Stand!

According to the Los Angeles Times, hipsters are responsible for increasing the price of beer! A recent study has found that the price of low- and mid-range beers has been climbing at U.S. bars and restaurants. And the guy who … Continue reading
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Posted in Economy, Food | Tagged , | 11 Comments

You’re Doing It Wrong

Federal Reserve Chairman Ben Bernanke should have spoken these words a long time ago, but better late than never. Bernanke says in his prepared testimony before the Joint Economic Committee, “fiscal policy at the federal level has become significantly more … Continue reading
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Posted in Economy | Tagged , , | 4 Comments

Kill It With Fire

Based on the latest findings from the Congressional Budget Office, the president’s latest budget proposal may signal an end to the “balanced approach” he has advocated for the past several years as it relies primarily on new taxes to reduce … Continue reading
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Posted in Economy, President Obama | Tagged , , , | 4 Comments

How About More Spending or Another Stimulus?

Dare to dream, but look — the president will have cut the deficit in half within his first four fiscal years, from $1.4 trillion in 2009 to $642 billion by the end of this year. That’s far lower than $845 … Continue reading
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Posted in Economy | Tagged , | 3 Comments

Meanwhile, House GOP Proposes Even Bigger Cuts to SNAP

While no one is watching because they’re focused on recurring nontroversies in the media, the House of Representatives is currently debating the Federal Agriculture Reform and Risk Management Act of 2013 which carries with it changes that will occur through … Continue reading
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Posted in Congress, Economy, Food | Tagged , , | 7 Comments

Out of Control Spending!

According to the Congressional Budget Office (CBO) the federal deficit is shrinking faster than anyone anticipated is now 24 percent lower than previous projections. If the current laws that govern federal taxes and spending do not change, the budget deficit … Continue reading
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Posted in Economy | Tagged , , | 5 Comments

Hispanics Surpass Whites In College Enrollment

What a week for Jim DeMint and The Heritage Foundation. May 6th, Jason Richwine and Robert Rector released their anti-immigration reform paper suggesting that the costs of their overt racism will run us about, oh, say, $6.3 trillion! give or take a … Continue reading
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Posted in Economy, Education, Far-right Intellectual Violence, Immigration, Lying Liars, Poll, Racism, Rebranding, Wingnuts | Tagged , , , , | 2 Comments

Possible Budget Surplus by 2015

Interesting: …official forecasters will have to radically alter their projections this summer. The CBO forecast of $845 billion in red ink this year, 5.3% of GDP, is hopelessly outdated; the deficit will fall well below 5% of GDP, perhaps to … Continue reading
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Posted in Economy | Tagged , | 1 Comment

Nope. Not Racist At All.

Surprise! The co-author of the fantastical Heritage Foundation report that estimated immigration reform would cost taxpayers over $6 trillion dollars has questionable views on race as it relates to intelligence. Richwine’s dissertation asserts that there are deep-set differentials in intelligence … Continue reading
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Posted in Economy, Immigration, Racism | Tagged | 14 Comments