Submitted by Tony Wikrent on Mon, 11/05/2012 - 11:34pm
Cross-posted from Real Economics.
A week ago, Matt Stoller provoked a lot of discussion with his The Progressive Case Against Obama, a masterful accounting of this administration’s dismal policy record “on the grounds of economic and social equity.” Income and wealth inequalities, Stoller points out, have not just continued under Obama, but have actually become some fifty percent worse than during the Bush regime. Read below the fold...
Submitted by libbyliberal on Mon, 10/29/2012 - 6:30am
Matt Stoller writes in The Progressive Case Against Obama on salon:
Under Bush, economic inequality was bad, as 65 cents of every dollar of income growth went to the top 1 percent. Under Obama, however, that number is 93 cents out of every dollar. That’s right, under Barack Obama there is more economic inequality than under George W. Bush. ... most of this shift happened in 2009-2010, when Democrats controlled Congress. This was not, in other words, the doing of the mean Republican Congress. And it’s not strictly a result of the financial crisis; after all, corporate profits did crash, like housing values did, but they also recovered, while housing values have not.
Read below the fold...
Submitted by libbyliberal on Tue, 09/06/2011 - 2:40am
Mike Whitney declares:
This is Barack Obama’s economy now....
Obama's failure will likely result in political change that will deliver the White House to the GOP in 2012. Then the deficit hawks will control both houses of congress and the White House, and they will slash spending and push the economy into another Great Depression. This is not speculation. This WILL happen. Obama has made sure it will happen by shrugging off the warnings of every competent economist in the country, all of whom have said repeatedly that we needed more stimulus to lower employment, to reduce the output gap, to increase GDP, and to put the economy back on track.
snip Read below the fold...
Submitted by lambert on Wed, 04/30/2008 - 12:05am
You know, people should really stop calling for Hillary Clinton's death. It's creepy. And rather uncivil. Even if one well-recognized process for bringing about Unity is to slaughter all your political opponents. Read below the fold...
