The virtues of inequality
Via Matt Taibbi, we stumble across a David Brooks column in which Brooks asserts that the nation, on the cusp of a new era of austerity, is learning to embrace its renunciation of the high ceilings...
View ArticlePaltry pickings
Stories like this p*ss me off. So, on the front page of this morning’s paper, an AP piece about how – gee whiz, there are all these farm labor jobs out there, but Americans just won’t apply for them,...
View ArticleMasters and servants
Great post from the Economic Collapse Blog, on how there are puh-LENTY of jobs out there – so long as you know how to say, “Want fries with that?”: Do you want to know how to find a job in … Continue...
View ArticleRentier rules
re: this bit below from Sullivan’s rant: So no tax increases are allowed, period. Why? Because they “kill jobs”. So why do we have record unemployment after a period of unprecedentedly low taxation? No...
View ArticleIt’s the demand, stupid
Robert Reich, with another grand slam: What to do about raging unemployment? Many Republicans and a few Democrats are peddling supply-side solutions. Cut corporate taxes. Reduce the cost of capital....
View ArticleThe poor quarter-millionaires
Pity the poor family pulling down a mere $250,000 per year: It’s not exactly easy street for our $250,000-a-year family, especially when they live in high-tax areas on either coast. Even with an...
View ArticleThis is how we explode
Mika and the Morning Joe crew talk to her dad, Zbigniew Bzezinski, in today’s must-see bit, addressing the idea of income disparity, i.e., how the rich are getting richer while everyone else is falling...
View ArticleStraight to the top
Good piece. Watch the whole thing. Watch the full episode. See more PBS NewsHour. You can defend this meritocracy/plutonomy, you can say it’s the natural outgrowth of our (relatively) unfettered...
View ArticlePrimed for explosion
Pretty good letter over at Sullivan’s place: Up through roughly the 1980s, if you had a minimal education, you could still find gainful employment that could provide a middle class income. That is...
View ArticleWelcome to the 99 percent
The world’s tiniest violin, it plays for thee: Bonus Withdrawal Puts Bankers in “Malaise” Schiff, 46, is facing another kind of jam this year: Paid a lower bonus, he said the $350,000 he earns, enough...
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