Category Archives: economy

Goodness, Our Financial Sky is Falling!

If only there were a simple way to fix this nation’s monumental, complicated debt problem. Actually, there is. We just need to apply basic common-sense economics. Under President Bill Clinton our national debt rose from $4.2 trillion to $5.7 trillion, … Continue reading

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Bill Maher: Casey Anthony and Republican Voters (Video)

Biting commentary by Bill Maher equating inability of jurors to find Casey Anthony guilty to the stupidity of working class Americans voting Republican . Starts after 2:30 mark of his New Rules, Episode 219 (July 8). Bill Maher: New Rules … Continue reading

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Robert Reich: Invest in America (Video)

Robert Reich brilliantly sums up the problem and the solution to our economic troubles in 2 minutes 40 seconds. Robert Reich video

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SPECIAL REPORT: WHAT’S NEXT, CALIFORNIA?

We all know California is in bad shape. Is there any way to fix it? On the weekend of June 24-26, I was given the opportunity to join with 400 other Californians in a serious effort to help answer that … Continue reading

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The Big Lies

1.  Americans are overtaxed. 2.  The American economy can be fixed by cutting spending.

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The Big Truths

1. In reality,  compared to previous years and compared to the rest of the world, Americans are under-taxed. According to the Commerce Department’s Bureau of Economic Analysis, by historical standards, what we pay in federal taxes — rich, poor and … Continue reading

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BPR Quote of the Day

“Why has the response to rising inequality been a drive to reduce taxes on the rich?” Paul Krugman —NY Times columnist and Nobel Prize-winning Economist  

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Republican Role Models

There are dozens of examples of countries that govern by Republican Party ideals, i.e. low taxes, small government with few regulations on business, a strong military, a weak labor movement,  with  emphasis on religion and traditional values.  There is a … Continue reading

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Which Party Controls Congress?

America’s wealthiest taxpayers couldn’t be happier. The top 2% got their Bush tax cuts extended for at least two more years AND got an even better deal on their estate taxes, getting the first $10 million tax free, and only … Continue reading

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Dollar or Sense?

Time magazine, in an article about the growing success of dollar stores (“The Buck Stops Here,” Dec.20, 2010) makes it clear that everyone loves a bargain. But there is a hidden cost that few Americans think about. How is it … Continue reading

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