Ever get the feeling that you're falling behind, economically? You might be inclined to think it's because of unrealistic expectations regarding the tempting consumer goods with which we are constantly bombarded in the media. Or maybe the housing slump.
Or maybe, just maybe, it's because almost all of the economic gains have been going to the top 1% in the country. Take a look at this very nice, in-depth article by Kevin Drum at Mother Jones for details.
Tuesday, February 22, 2011
Jon Stewart: The New David Broder?
Digby points out the unfortunate truth about Jon Stewart's recent shows: he is adopting that false equivalency, pox-on-both-your-houses stance that characterizes so many of the DC Villagers. I really have to question how much longer I'll be able to watch his show based on some of his recent outings.
Robert Reich on the Marginal Tax Rate
Here is a nice article by Robert Reich that lays out the case for increasing the tax rate on super-high incomes (e.g., 70% on any income over $15M/year). At issue is whether it's a political non-starter, and Reich argues that it would be much easier to sell for Democrats than their consultants are telling them.
Welcome to the New Blog
I started this blog, because my other one (meant to be primarily about issues related to academia) was ending up as the de facto place for me to post on my concerns about the escalating war on the middle class. Why muddy the water, when Blogger lets you set up as many blogs as you want? So, from now on this is where I'll post my thoughts and links on this critical issue.