Category Archives: inequality

How Mitt and His Partners Get Rich–And How We Pay For It

Posted on April 25, 2012 by Arlen Grossman

In less than three minutes, Robert Reich explains how capital equity partnerships, like Bain Capital, game the system–and how the rest of us end up holding the bag.

Posted in Economics, finance, inequality, Mitt Romney, taxes, Wall Street | Tagged Bain Capital, private equity, private equity partnerships, Robert Reich | Leave a comment

Taxing the Rich Healthy For the Economy

Posted on April 16, 2012 by Arlen Grossman

Why a Fair Economy is Not Incompatible with Growth but Essential to It by Robert Reich/ robertreich.org/ April 15, 2012 One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary … Continue reading →

Posted in Economics, economy, inequality, taxes | Tagged income distribution, middle class, Mike Luckovich, rich, Robert Reich, tax cuts, wealthy | 106 Comments

Numbers That Count: The Extremely Lop-Sided Recovery

Posted on April 14, 2012 by Arlen Grossman

Portion of Gains From 2010 Economic Recovery Received By Top One Percent – 93% More depressing numbers about 2010 economic recovery gains: Top 1/10 of 1 Percent received 37% of the 2010 gains. Bottom 99% received 7%. Bottom 90% received … Continue reading →

Posted in Economics, inequality, Uncategorized | Tagged Emmanuel Saez, Robert Reich, Top 1 Percent, Washington Post | Leave a comment

With a Cherry on Top?

Posted on April 11, 2012 by Arlen Grossman

Posted in economy, inequality, politics, poverty, taxes | Tagged David Horsey, middle class, Seattle pi, the poor, the rich | Leave a comment

When Top Tax Rates Rise, So Does The Economy

Posted on April 10, 2012 by Arlen Grossman

by Arlen Grossman/ The Big Picture Report/ April 9, 2012 Looking at the first chart below, you can see the top marginal income tax rates dropped from 73% in 1921 all the way down to 24% by 1929. After that, … Continue reading →

Posted in Economics, economy, government, inequality, Republican Party, taxes | Tagged income tax, President Eisenhower, President Reagan, tax cuts, tea party, the Great Depression, top marginal tax rates | 53 Comments

Morris Berman: “A Postmortem For a Dying Nation”

Posted on April 7, 2012 by Arlen Grossman

Why the American Empire Was Destined to Collapse Interview with author and social critic Morris Berman who says the fact that we’re a nation of hustlers lies at the root of our decline. by Nomi Prins/ AlterNet/ March 7, 2012 … Continue reading →

Posted in Economics, economy, finance, inequality, media, politics, poverty, Uncategorized | Tagged "Why America Failed", AlterNet, Morris Berman, Nomi Prins | 3 Comments

The High Price of Materialism

Posted on April 2, 2012 by Arlen Grossman

What a un-American concept! More stuff doesn’r always mean more happiness; consumerism is not good for the environment; materialism does not promote social values. Where will this kind of radical philosophy lead us? Dare we even think about it? Video … Continue reading →