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Rich People Create Jobs! And five other myths…
Monday, November 7th, 2011
Nov./Dec. 2011
If we’re ever going to revive the economy, we’ve got to tackle them head on. Here are six of the worst. Myth #1: The Stimulus Failed… Myth #2: The Deficit Is Our Biggest Problem Right Now… MYTH # 3: Lower Taxes Are The Best Way To Grow The Economy… MYTH # 4: Regulatory Uncertainty is Clogging the Economy… MYTH #5: Obama is Debasing the Dollar… MYTH # 6: If You Unshackle the Rich, They’ll Rev Up The Economy…
Tags: budget, economy, globalization, ideology, standard of living
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The Job Killers
Monday, November 7th, 2011
Nov./Dec 2011
… government spending… is the only kind of spending that can be pumped into the economy when business investment dries up. And it’s also what keeps paychecks coming to the 20 million Americans who work for federal, state, and local governments, the 1.4 million active-duty military personnel, the 55 million on Social Security, and last but certainly not least the 300,000-plus businesses that depend in whole or in part on government contracts.
Tags: economy, ideology
Posted in Policy Context | No Comments »
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