Tag Archives: Middle Class

Chart of the Day

Posted on August 23, 2012 at 1:42 pm by Bob Cesca

From a new study by Pew, this could be the best/worst illustration of how trickle-down Reaganomics has been killing the middle class. Notice how everything began to fall apart for the middle class in the 1980s. And the Reagan/deregulatory/top-down mindset … Continue reading →

Posted in Economy | Tagged , , , | 8 Comments

Because Republicans Love Tax Cuts

Posted on July 22, 2012 at 9:29 am by Bob Cesca

But only for “the haves and the have-mores.” Not for the rest of us. A new Senate GOP tax plan released by McConnell and Utah Sen. Orrin Hatch (R), however, raises taxes on nearly 10 times as many Americans by … Continue reading →

Posted in Taxes | Tagged , , , | 5 Comments

Infographic of the Day

Posted on January 30, 2012 at 3:45 pm by JM Ashby

via the Center for American Progress — an illustration of Mitt Romney’s taxes vs the middle class’s.

Posted in Economy | Tagged , , , | 1 Comment

The Romney Worldview

Posted on January 20, 2012 at 8:00 pm by JM Ashby

Artist – Taylor Jones In other news, Senator Scott Brown joined the chorus of fellow conservatives calling on Mitt Romney to release his tax returns, and Romney advisers are now openly speculating that they may lose South Carolina.

Posted in Open Thread | Tagged , , , , | 1 Comment

Norquist Republicans Support Tax Hike

Posted on December 19, 2011 at 12:32 pm by Bob Cesca

We’re through the looking glass, people. WASHINGTON — A day after the Senate overwhelmingly approved legislation to extend a payroll tax cut for two months, House Republicans made clear Sunday that they would not support the measure. Up is down, … Continue reading →

Posted in Republican Party | Tagged , , , , | 4 Comments

The President Outlines His Second Term Agenda

Posted on December 6, 2011 at 4:07 pm by Bob Cesca

From Kansas, the president made yet another case for liberal economic policy and liberal government, while revealing the theme of his re-election campaign and the agenda of his second term. It was yet another speech in which he attempted to … Continue reading →

Posted in Economy | Tagged , , , , , | 14 Comments

It’s A Flat Tax!

Posted on October 17, 2011 at 7:00 pm by JM Ashby

If by flat you mean “zero,” then yes. At least for billionaires like Warren Buffet. If the “9-9-9″ tax plan promoted by Herman Cain, a leading Republican presidential candidate, had been the law of the land last year, Warren Buffett … Continue reading →

Posted in Taxes | Tagged , , , , | 2 Comments

The Shrinking Middle Class

Posted on September 6, 2011 at 12:06 pm by Bob Cesca

Median incomes have declined in the last 11 years. Not a shocker, but here’s the graph: The obvious way to fix this problem? Tax cuts for the super rich. Of course. Because as you can see, the Bush tax cuts … Continue reading →

Posted in Economy | Tagged , , , | 4 Comments

Chart of the Day

Posted on September 5, 2011 at 1:54 pm by Bob Cesca

Via ThinkProgress, the decline in union membership tracks with the decline in middle class incomes. Between “right to work” laws and trickle-down economics, along with the elimination of pensions, outsourcing jobs overseas and the punitively high costs of college and … Continue reading →

Posted in Republican Party | Tagged , , , | 1 Comment

Cartoon Open Thread

Posted on May 23, 2011 at 8:10 pm by JM Ashby

Artist – Joe Heller In other news, the Supreme Court has ordered the state of California to release 40,000 prisoners because of overcrowding, and Eric Cantor thinks Paul Ryan should run for president. If you wish to help the residents … Continue reading →

Posted in Open Thread | Tagged , , , , | 21 Comments