Voodoo economics is back

As Voodoo Economics Collapses in Kansas, Trump Takes It National

In 2015, Grover Norquist, who has successfully defined unconditional opposition to taxes as the defining tenet of party orthodoxy, waxed enthusiastic about one state in particular that was leading the way for the nation. “Kansas is the future,” he told an interviewer. “Kansas is the model.” Kansas was the state where Sam Brownback, the former congressman who mentored a young staffer named Paul Ryan, implemented supply-side tax cuts that, Brownback promised, would usher in prosperity and fiscal stability.

Now Brownback’s tax cuts have failed so dramatically and incontrovertibly that the state’s Republican legislature overrode Brownback’s veto to eliminate them. Incredibly, a majority of the Republicans in both chambers of the state legislature voted against the tax cuts. In a new interview with Russell Berman, Norquist insists the failure in Kansas does not tell us much at all about anything. “If you’re a Republican looking for a model,” he says, “Kansas is not the model.”

One might think that the economists who designed this now-repudiated plan would have been cast out of the party, or at least embarrassed into rethinking their assumptions. Yet nothing of the sort has taken place. Stephen Moore and Art Laffer, the supply-siders who crafted the failed Kansas experiment, are also taking the lead in designing Donald Trump’s tax plan. Their op-ed urging the president to throw himself behind massively regressive, debt-financed tax cuts found its way into his hands. So profoundly did their argument impress Trump that he instructed his advisers to immediately release a tax-cut plan mirroring the recommendations made by the architects of the Kansas debacle. Now the machinery of government is in the hands of people determined to replicate a policy so unmistakably erroneous that the majority of their own party could no longer live with it.

“Trickle down economics” has NEVER worked. Not once, not ever. I called it “piss on you poor people” in the 80s, and I’m calling it that now. Get ready for “the tRump crash” to be written into the history books.

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

Credit Where and When It’s Due

Donald Trump found himself an unlikely cheerleader on his third day in the Oval Office: Sen. Bernie Sanders, the Democratic Socialist who for months called Trump every name in the book. That’s because Trump signed an executive order withdrawing from the negotiations over a controversial trade deal that both he and Trump swore was toxic to American workers.

“I am glad the Trans-Pacific Partnership is dead and gone,” Sanders said. “For the last 30 years, we have had a series of trade deals—including the North American Free Trade Agreement, permanent normal trade relations with China and others—which have cost us millions of decent-paying jobs and caused a ‘race to the bottom’ which has lowered wages for American workers.”

Love the “neutral” language at the Daily Beast!

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

Just thought you guys might be interested

I just made a post on Kos in reply to a front pager who’s really pretty good. I’ll reproduce it here, in its entirety, for those who don’t want to click on a Kos link (Uni).

I’m going to vote for Bernie (0+ / 0-)

I live in DE. My vote doesn’t matter, because I live in DE and we’re the second “blueist” “state” after DC. My vote is diluted compared to some “red” nightmare like WY, SD, or UT.

If that’s not blunt enough, my vote doesn’t count as much as a vote in a state like SD, where I grew up and a source of eternal shame, for me.

So, I don’t expect Bernie to be the nominee. I’d go further, and add that I’d expect Bernie to be the same disaster that Barry Goldwater was for conservatives, but I don’t have to, because he won’t be the nominee. Money will take over, and Clinton will win the Democratic primary.

And I will vote for her in the general election.

Because Republicans have gone batshit crazy.

But I have to be honest. I’m tired of voting against, instead of voting for.

Hillary is as pro-corp as it gets. And I’m for “we the people”. The huddled masses. The poor and middle class.

I think, like most politicians, Hillary is looking out for the people who will help her get elected. The wealthy, and the corporations (thanks to Citizens United).

Paint her as the best option. Don’t paint her as being responsible in looking out for my best interests. Bernie is that guy.

Am I nuts?

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

If He Runs I’m Supporting Bernie Sanders in the Primary

I will vote for the Democratic POTUS candidate in the general election. Period.

Hillary may, or may not, be a “sure thing” if SHE runs, but Bernie would better represent me.

Make no mistake, I can’t understand why ANYONE would vote for a GOP POTUS.

But, I’m as tired as any of you of “third way” Clinton/Bush politics.

It’s time for a REAL change, and I think Bernie could win it all. I mean, just for example, who’s happy with making 30% less than we made a few decades ago, or NOT taxing the rich to pay for social security? THESE ARE WINNING ISSUES. Let’s advance them.

Sen. Bernie Sanders, the self-identified socialist from Vermont, has met plenty of angry people in recent years.

“Some of them are in the Occupy Wall Street movement and consider themselves progressives,” Sanders said Monday at the Brookings Institution, a Washington-based think tank. “Some are in the Tea Party movement and consider themselves conservatives.”

Whatever their political bent, he said, “They have every right in the world to be angry.”

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)


I’m only posting this because it might piss of Alvy, and possibly Jo and Uni. IOW, I’m trolling. I admit it. :=)

Krugman: In Defense of Obama

(snark on)Published in that RW bastion “The Rolling Stone” (/snark off). The Nobel Prize-winning economist, once one of the president’s most notable critics, on why Obama is a historic success.

High office shouldn’t be about putting points on the electoral scoreboard, it should be about changing the country for the better. Has Obama done that? Do his achievements look likely to endure? The answer to both questions is yes.


Fucking KRUGMAN!


VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

States That Raised Their Minimum Wages Are Experiencing Faster Job Growth

Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January 1 have seen higher employment growth since then than the states that kept theirs at the same rate.

The minimum wage went up in 13 states — Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington — either thanks to automatic increases in line with inflation or new legislation, as Ben Wolcott reports in his analysis at the Center for Economic and Policy Research. The average change in employment for those states over the first five months of the year as compared with the last five of 2013 is .99 percent, while the average for all remaining states is .68 percent.

Digging deeper, all but one of those states are experiencing increases in employment, and nine of them have seen growth above the median rate.

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

WATCH: Paul Krugman on Jack Lew

With Bill Moyers, Paul Krugman discusses President Obama’s choice for Treasury Secretary, Jack Lew, as well as his reaction to public support for seeing Krugman himself in that job.

“The Secretary of the Treasury is not now going to be somebody who does deep thinking about the economy. There are people the president can call on for that, including outside economists, including Joe Stiglitz… including myself,” Krugman tells Bill.

“What the president needs right now is a hard-nosed negotiator. And rumor has it that’s what he’s got.”

Watch the full clip at the link. (Kos link, post by Bill Moyers.)

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

12 Charts That Will Make Your Blood Boil

Want more rage?

1) Steal underpants.
2) ???
3) Profits!


1) Get Obama and as many Democrats as possible elected.
3) Move American from the 18th to the 20th Century.

(4, 5, and 6 are force the GOP into third party status, support the left-wing party when it runs against the DNC, and FINALLY move the power and wealth away from the select few to the people, thus moving American into the TWENTY FIRST century.)

Seriously, check out the charts at the link.

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

This should be a treated as a crime

The person who ordered the foreclosure, whether or not they can be found, and the CEO of the bank, should stand in front of a judge and answer for a crime like this.

Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly Foreclosed

The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence.


Alvin, a retired mason, built the home with his father when he was a teenager. “I know every inch, every rock…my mom mixed all the cement by hand,” he said.

For some reason, this reminds me of a story from (around) 2000. A MEXICAN man living in SoCal had withdrawn a LOT of money (if memory serves it was $40K) to pay off his mortgage, the next day. Holding that amount of money, he had a pistol sitting next to him while he watched teevee before going to bed.

Meanwhile, the local cops had been issued an arrest warrant FOR THE HOUSE NEXT DOOR. A single mother’s kids had been fingered for selling small amounts of marijuana to some neighbors/classmates.

You can probably guess what happened, next. You know how this story ends.

The cops raided the wrong house, the Mexican dude reacted to someone breaking down his front door while he’s sitting on 40 grand by grabbing his pistol, and the cops shot him dead.

To the best of my knowledge, not a single “authority” went to jail over this senseless murder.

Which goes a long way toward explaining why “we” feel like “we can’t trust the government”.

But we SHOULD OWN the government.

Now, please spare me the bizarre, incoherent rant about how this is all the fault of Obama and Democrats. I can’t hear you when you do that.

What can WE do to retake control from corporations who support evil groups like ALEC, and set things right, again?

Special bonus points for using words and phrases like “organize” and “awareness” and “popular support/movement”, and overwhelming negatives for blaming this on any politician, or party. It’s the fault of the current “winner take all” mentality in this country. Make enough money, or win public office (if you’re from the right party) and you’re above the law. (And yes, you merciless fuckers, I include Obama in that “from the right party” shit. I just don’t see how a police murder in CA in 2000, or this foreclosure, is his fault.)

The wealthy and the authoritarians literally (h/t Joe Biden) get away with murder and breaking and entering.

How do we set this right?

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)

Fasten Your Seatbelts

Tray Tables in the upright position.

It’s going to be a bumpy ride.

There’s an easy way to cut the deficit nearly in half, the Congressional Budget Office said today: just do nothing when the various elements of the “fiscal cliff” click into place on New Year’s Day. Taxes will go up, spending will go down, and the deficit will be cut from $1.1 trillion this year to $641 billion in 2013.

There’s just one problem with that scenario – the country will also plunge into a recession, the C.B.O. said. Economic output would decline by half a percent over a year, and unemployment would rise above 9 percent.


The Republican answer to the fiscal cliff problem is to prevent all the tax hikes. That would reduce the recessionary impact of the cliff largely by providing enormous benefits to the rich. (Democrats want to raise taxes only on those earning $250 thousand and above.)

Another difference.

Fucking teabaggers are insane. EVERYTHING they stand for is either the ultra-fucked up religious right view of government, or the “neoliberal” “trickle down” bullshit that we’ve proven, on multiple occasions, doesn’t work.

I’m scared. The GOP gaining control of the Senate, keeping control of the House, or gaining control of the WH scares the crap out of me.

Vote, and vote in a way that defeats the fascists (the GOP). Please.

We can’t afford to go the way of Greece and enforce “austerity measures”, right now. We need an aggressively LIBERAL government, or we’re permanently fucked.

Not to mention the GOP wants Greenland and the ice caps to melt…

VN:R_U [1.9.22_1171]
Rating: 0 (from 0 votes)