Economics, Fiscal Crisis, Fiscal Policy, Higher Taxes, International Monetary Fund, Protectionism, Tax Increase, Trade, tagged Class warfare, Economics, Fiscal Crisis, Fiscal Policy, Higher Taxes, IMF, International Monetary Fund, Protectionism, Tax Increase, Trade on October 23, 2024| 2 Comments ...
Election 2024 crescendos on Tuesday, and it’s the Electoral College the decides things in the US presidential race. This archaic & anti-democratic set-up is poorly understood by the American people, which is the intent of the ruling political class. The first premise that voters need to unde...
A couple of important points. First, unleashing the energy sector to drive down overall costs to consumers, and industry outputs was a key part of President Trump’s America First MAGAnomic initiative. Lower energy prices help the worker economy, middle class and average American more than any ...
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Home ownership is and always has been, the clearest path to the middle class. How did we get here? You don’t have to look any farther back than the Great Recession to find the bulk of your answers. We essentially stopped building new housing from 2008-2013. As a result, we are way...
… While the second view thus holds that democracy is usually granted or undermined from above, a third approach to explaining democratization, by contrast, points to the importance of social forces in society, most importantly different class actors (Moore, 1966). The key assertion in this ...
I need to fly business class (I am a big guy, and it would be a violation of the Geneva Convention to confine me to the space allotted an economy seat, not to mention be terribly unfair to the passenger stuck sitting next to me). I flew around the world for not much more than ...
When I was in high school, my English teacher must have had a free period at the time when my math class met, because every day he would march into the math class and empty his pockets on the table, whereupon my math teacher did the same. Then whoever had put down the most money ...
It’s most interesting, though, as a slice of social history: almost everything about the key drivers of the story–sports, social class and America’s position in the world–has since changed drastically. Tyler Cowen, GOAT: Who Is the Greatest Economist of All Time and Why Does It ...
it is a Depression-which is currently tormenting the working class. I also must point out that Obama and all the rest speak of a middle class that does not exist. Someone who has an income--not including assets other than current, liquid income of $250K plus has no relationship to the...