Right now – House Republicans unable to govern; they refuse to put a bill on the floor to avoid taxes going up on 98% of Americans.  They couldn’t even pass a bill that they themselves described as avoiding taxes on 99.41% of Americans; there simply were not enough Republicans willing to vote for a tax [...]

The Center for Public Integrity put out a report that should open your eyes.  Something needs to change here; this is eye opening.  I think the image says it all. They write HERE: The group acknowledges that its analysis found that the total number of children and teens injured by gunfire fell in 2009 to [...]

“If the increased eligibility age were in effect in 2014, the costs to individuals, businesses, and states would be twice as large as the federal savings.  In effect, Americans would pay $2 to save the federal budget $1—thereby increasing overall health spending.” ~Center for American Progress  It’s interesting to watch the current negotiations over how [...]

Edward Wolff – an economist at New York University – has produced a working paper for the National Bureau of Economic Research highlighting the implosion of net worth for the middle class courtesy of the Bush economic crisis.  He found that the average net worth for the middle class fell by 47% within three years [...]

From American Enterprise Institute HERE: The chart above shows the Department of Energy’s estimates of CO2 emissions per capita from 1973 to 2040.  Total energy-related carbon emissions are expected to fall to a 20-year low this year, and on a per-capita basis will be the lowest since at least 1973 when the Department of Energy’s data begins.  [...]

Republicans talk loudly about the importance of deficit reduction; they claim to be the party of fiscal responsibility; unfortunately – their proposals don’t match their rhetoric.  The House GOP budget doesn’t balance until sometime after 2040 in large part because it’s much a deficit reduction budget than it is a cut taxes for the rich [...]

For the past four years since the collapse of the banking industry during the Bush economic crisis – Republicans have been borrowing economic theories and proposals from former Republican President Herbert Hoover.  They have been advocating for significant cuts to government spending while in the middle of a financial crisis; Republicans tried that in 1929 [...]

First off – there is absolutely nothing wrong with companies making lots of money.  Profit is not a 4 letter word and it shouldn’t be viewed in negative terms; let’s just get that out of the way from the jump.  What I’m offended by and what aggrieves me with tremendous rancor is when I hear [...]

As we wrote about HERE – domestic oil production in the U.S. is at its highest point since 1994.  We often hear about the North Dakota miracle as it relates to domestic oil production but wouldn’t ya know …. Texas is back in the oil game and big.  And notice … this take off started [...]

Americans of every income are paying lower tax rates today than we paid in 1980 except the wealthiest Americans have seen their tax rates drop significantly more than every income group.  In fact – as the chart shows …. in every single income group – the lower your income … the smaller the tax break. [...]