While reading threads based upon the political theatre that is the U.S. presidential election on this forum, I keep stumbling upon posts that mention ‘how bad’ the economy is, and this thread is meant to educate ME and perhaps others on the subject of what our trillion dollar debt actually means, and what can the candidates do to fix it.
Stop beating around the bush in other threads, I want to know the situation, and both sides’ solutions.
Well right off the bat we all know that trickle down economics does not work.
Continue reading…
Official U.S. Economy as a Presidential campaign issue thread
Posted by bruni
on September 30, 2008
To the conservatives & pro-oil republicans:
Posted by bruni
on August 28, 2008
Why is it that you love oil so much and want to push so hard to bring in more oil? I don’t see you pushing for alternative energy research and merely state "nuclear is the answer" when it’s plainly clear that it isn’t. So what are you planning on doing when you’ve been pushing oil so hard and it turns out that we won’t have a drop of oil for 10-15 years?
If we’d stop subsidizing damn corn and ethanol so much, maybe alternative energy would move a little faster. Then food prices would start going down and the price of a pizza will be back to normal
Continue reading…
Here’s a good read on windfall taxes and why it’s silly to levy them against Big Oil
Posted by bruni
on August 24, 2008
What Is a ‘Windfall’ Profit?
August 4, 2008
The “windfall profits” tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a “windfall” profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales — or does it merely depend on who earns it?
Continue reading…
Long Article blaming Conservative ideology for government failures
Posted by bruni
on August 19, 2008
Follow This Dime: Why Misgovernment Was No Accident in George W. Bush’s Washington
Monday 04 August 2008
by: Thomas Frank
Washington is the city where the scandals happen. Every American knows this, but we also believe, if only vaguely, that the really monumental scandals are a thing of the past, that the golden age of misgovernment-for-profit ended with the cavalry charge and the robber barons, at about the same time presidents stopped wearing beards.
Continue reading…