Back to the drawing board, liberals. Thx for lwr std of living BTW.

Liberal Narrative: Economy

The problem is that eventually the socialist/Keynesian school runs out of other people’s money to spend. They can’t raise taxes high enough, and the market forces them to pay ever higher interest rates to access public markets. -Jeff Carter

Fortunately for the country, NIRA was struck down by the Supreme Court in 1935. The Agricultural Adjustment Act of 1933 similarly restricted production to keep prices high. "Excess" output was destroyed or dumped abroad. While millions of Americans were going hungry, the government plowed under 10,000,000 acres of crops, slaughtered 6,000,000 pigs, and left fruit to rot. -Chris Edwards Go To Site

When Senator Sanders cries, "The system is rigged!" no one asks, "Just what specifically does that mean?" or "What facts do you have to back that up?" In 2015, the 400 richest people in the world had net losses of $19 billion. If they had rigged the system, surely they could have rigged it better than that. -Thomas Sowell Go To Site

But not so long ago, the left's big bugbear was poverty, not inequality. Then a funny thing happened: The left had to de-emphasize poverty because, as measured by the World Bank and others, absolute poverty is disappearing fast, thanks to capitalism and the collapse of communism.

  That's right. Capitalism — not big government — is killing poverty. -Terry Jones, IBD Go To Site

Doesn't Need Government To Succeed

He doesn't need you, liberals. But then, who does?

And stay away from this man's curly fries, you liberal bums.

Hypocrisy, Liberal, Financial, Crazy, AntiAmerican, Communism

"They're sitting on the money, they're using it for their own -- they're putting it someplace else with no interest in helping you with your life, with that money. We've allowed them to take that. That's not theirs, that's a national resource, that's ours. We all have this -- we all benefit from this or we all suffer as a result of not having it," Michael Moore told Laura Flanders of GRITtv.

FDR's Policies Prolonged Depression by 7 Years, UCLA Economists Calculate / UCLA Newsroom

Coffee Shop Liberal Calls Governor an "Asshole"

Gainesville, Florida Apr 2016

This liberal slacker messed with the wrong governor.

Liberal, Narrative, Economy

Americans who describe themselves as conservative on economic issues outnumber those who describe themselves as liberal on economic issues by 46 percent to 20 percent, according to a Gallup poll released today.

Gender Pay Gap Explained

There Is No Gender Wage Gap

Christina Hoff Sommers

Editorial, Liberal, Fascism, AntiAmerican, Academia

Nationalization isn’t as difficult as it sounds. We tend to forget that we did, in fact, nationalize General Motors in 2009; the government still owns a controlling share of its stock. We also essentially nationalized the American International Group, one of the largest insurance companies in the world, and the government still owns roughly 60 percent of its stock. Of course, it would probably take another financial meltdown to make banking nationalization politically tenable. But given how the sector has behaved since the last crisis, a repetition seems inevitable, and sooner rather than later. -Gar Alperovitz, New York Times Editorial July 22, 2012

“We need, dare I say it, a tax, or should I say a fee. It’s not just to be mean, it’s to redistribute wealth.” -Bill Nye Go To Site

Liberal, Government, Incompetence, Oops

In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer because of it. The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20 percent earned less than $9,500 - a ratio of 54 to 1. That gap is up from 39 to 1 two decades ago. It's wider than in any of the 50 states and all but two major cities. This at a time when income inequality in the United States as a whole has risen to levels last seen in the years before the Great Depression.




Government Greed, Liberal Hypocrisy

Income Inequality: DC vs America

If you drive through Northern Virginia, you will find nearly entire neighborhoods of $500,000 to $900,000 homes owned by government workers or contractors.

“The art of government is to make two-thirds of the nation pay all it possibly can pay for the benefit of the other third” -Voltaire Go To Site

A new report from MSN Money illustrates how the political elite is getting very rich by plundering honest Americans. America has 3,033 counties, and they identified the 15 richest jurisdictions from that list. Of those 15 super-elite counties (the top 1/2 of one percent), 10 are in the Washington metropolitan area. -Dan Mitchell Go To Site

America is struggling with a sputtering economy and high unemployment — but times are booming for Washington’s governing class. The massive expansion of government under President Barack Obama has basically guaranteed a robust job market for policy professionals, regulators and contractors for years to come. -Jim VandeHei and Zachary Abrahamson Go To Site

“The D.C. elites are largely isolated from the economic downturn, and this means that they can easily fail to understand the depth of dissatisfaction out in the country.” -Mark Penn Go To Site

If you drive through Northern Virginia, you will find nearly entire neighborhoods of $500,000 to $900,000 homes owned by government workers or contractors. Then you can drive five streets over and find $200,000 to $400,000 homes owned by those who pay the salaries for those government employees. It’s a fascinating distribution of wealth... Their only chance to make that kind of money comes from having an employer that not only never has to make a profit but can forcibly take money through taxation. Go To Site

D.C. residents are enjoying a personal income boom. The District’s total personal income in 2012 was $47.28 billion, or $74,733 for each of its 632,323 residents, according to the Office of the Chief Financial Officer’s Economic and Revenue Trends report for November. The U.S. average per capita personal income was $43,725. The highest of the 50 states, Connecticut, fell 25 percent short of D.C.

Liberal, Government, Incompetence, Oops

In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer because of it. The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20 percent earned less than $9,500 - a ratio of 54 to 1. That gap is up from 39 to 1 two decades ago. It's wider than in any of the 50 states and all but two major cities. This at a time when income inequality in the United States as a whole has risen to levels last seen in the years before the Great Depression.

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Jul12
2017

Obama Decries Income Inequality

In the Clinton era expansion, 45 percent of the total income gains went to the top 1 percent; in the Bush recovery, the figure was 65 percent; now it is 93 percent.

Democrat, Liberal, Incompetence, Obama, Financial, Oops, Economy, Jobs

An Obama appointee and the CEO of Pacific Investment told a crowd at the National Press Club that Obama’s economic policies have fostered income inequality and that political squabbling is stalling economic recovery. Mohamed El-Erian, CEO of Pacific Investment and chairman of the White House Global Development Council, blamed the administration’s reaction to the Great Recession for increasing income inequality... El-Erian said the failure of the weak recovery is evident in the youth unemployment rate, which has bounced around from 40 to 25 percent among the most inexperienced workers, as well as the long-term unemployment rate.

Liberal, Tax, Incompetence, Financial, Brilliance, Narrative, Oops

France's Socialist government has admitted that the country cannot cope with any further tax rises and promised no more hikes just days ahead of the country's largest ever tax bill... “The government thought that by continually raising taxes, they could raise returns but they are now realising, rather belatedly, the error of their ways,” said Marc Touati, economist at ACDEFI consultancy. “Today in France, we are approaching 47 per cent of total tax pressure compared to GDP.

Best-Run States Are Heavily Republican

Democrats - let me count all the ways you SUCK

Narrative Fail, liberals.

The ten most financially sound states in the country are all heavily Republican, while all but one of the ten worst states are heavily Democratic. That’s according to a ranking of states in a new report from the Mercatus Center at George Mason University.

The report — “Ranking the States by Fiscal Condition” — used official government data to measure the states’ ability to pay short-term bills and meet longer-term obligations, such as public pensions or health care costs, using five separate measures.

Democrat, Liberal, Obama, Narrative, Oops, Economy, Jobs

President Obama’s proposal to raise the minimum wage to $10.10 per hour would cost 500,000 jobs in 2016, according to a report released Tuesday by the nonpartisan Congressional Budget Office.

Despite assurances from politicians and most economists of Keynesian persuasion, not only did the biggest and most rapid increase in our federal debt burden since WW II fail to boost the economy, it coincided with the weakest recovery in history—growth of only 2.2% per year on average. -Scott Grannis Go To Site

Democrat, Liberal, Incompetence, Obama, Oops, Economy

Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve. The Fed data covered the years 2010-2013, during which period Mr. Obama constantly campaigned against income inequality and won re-election by painting his Republican rival as a tool of Wall Street plutocrats.

Democrat, Liberal, Incompetence, Obama, Narrative, Oops, Economy

[Sept 2016]: The well-being of black Americans, which began to surge at the end of the Bush administration and reached a high in 2010, has plummeted ever since while white Republicans, Asians and Hispanics have thrived, according to a new Gallup index. The survey said that blacks who describe themselves as thriving has dropped from near 60 percent in 2010 to 53.2 percent, the lowest of the four racial categories tested.

Keynesian Economics

Keynesian Economics

Among ordinary Japanese, the spending is widely disparaged for having turned the nation into a public-works-based welfare state and making regional economies dependent on Tokyo for jobs. Much of the blame has fallen on the Liberal Democratic Party, which has long used government spending to grease rural vote-buying machines that help keep the party in power.

Minimum Wage

The Liberal Narrative And The Minimum Wage

"You've got to watch out because at some point you run the risk of harming the people you set out to help."

The pursuit of equality brought the world terror and tens of millions of deaths along with terrible economic failure. In the past 30 years, by contrast, since China and India adopted more pro-capitalist policies, capitalism has caused the biggest reduction in poverty the world has ever known. -James Bartholomew Go To Site