Food for thought.
"Until we know what we can do, it would be foolish to hold forth on what we must do - and it would be more foolish still to trust the economic forecasting of the same group of failed policymakers [Bush Jr Economists] who got us into this mess in the first place." Rust Belt Philosophy
'Wanted: Worldly Philosophers' By Roger E. Backhouse and Bradley W. Bateman
"In the 20th century, the main challenge to Keyness vision came from economists like Friedrich Hayek and Milton Friedman, who envisioned an ideal economy involving isolated individuals bargaining with one another in free markets. Government, they contended, usually messes things up. Overtaking a Keynesianism that many found inadequate to the task of tackling the stagflation of the 1970s, this vision fueled neoliberal and free-market conservative agendas of governments around the world.
That vision has in turn been undermined by the current crisis. It took extensive government action to prevent another Great Depression, while the enormous rewards received by bankers at the heart of the meltdown have led many to ask whether unfettered capitalism produced an equitable distribution of wealth. We clearly need a new, alternative vision of capitalism. But thanks to decades of academic training in the dentistry approach to economics, todays Keynes or Friedman is nowhere to be found." http://www.nytimes.com/2011/11/06/opinion/sunday/worldly-philosophers-wanted.html?ref=todayspaper
The republican catechism that has failed American is still taught and believed.
"The heart of tax reform is to pursue one overarching goal, to obey one basic rule, and to follow one simple mantra. The overarching goal that makes the whole effort worthwhile is to achieve a stronger economy. The basic rule is that tax reform should be revenue neutral. The simple mantra is that the base must be expanded to become more economically neutral and that marginal tax rates must be lowered." JD Foster, Bush economic adviser quoted in Rust Belt Philosophy
'Im doing this for my father '
"My father has Crohns Disease and has been in and out of the hospital for as long as I can remember. His condition has cost him several jobs and being admitted to hospitals so many times without a job has left him in a tremendous amount of debt and is STILL somehow ineligible to receive Medicare with his condition. Every hospital visit is just a reminder to him that hes sinking deeper and deeper in debt. Because of this, he moves to different states for job opportunities, only having them for a short period of time before the stress causes his condition to flare up, making him either be submitted to a hospital or unable to leave the house which causes him to lose another job. No one should have to go through this." link below
We Are the 99 Percent
"Until we know what we can do, it would be foolish to hold forth on what we must do - and it would be more foolish still to trust the economic forecasting of the same group of failed policymakers [Bush Jr Economists] who got us into this mess in the first place." Rust Belt Philosophy
'Wanted: Worldly Philosophers' By Roger E. Backhouse and Bradley W. Bateman
"In the 20th century, the main challenge to Keyness vision came from economists like Friedrich Hayek and Milton Friedman, who envisioned an ideal economy involving isolated individuals bargaining with one another in free markets. Government, they contended, usually messes things up. Overtaking a Keynesianism that many found inadequate to the task of tackling the stagflation of the 1970s, this vision fueled neoliberal and free-market conservative agendas of governments around the world.
That vision has in turn been undermined by the current crisis. It took extensive government action to prevent another Great Depression, while the enormous rewards received by bankers at the heart of the meltdown have led many to ask whether unfettered capitalism produced an equitable distribution of wealth. We clearly need a new, alternative vision of capitalism. But thanks to decades of academic training in the dentistry approach to economics, todays Keynes or Friedman is nowhere to be found." http://www.nytimes.com/2011/11/06/opinion/sunday/worldly-philosophers-wanted.html?ref=todayspaper
The republican catechism that has failed American is still taught and believed.
"The heart of tax reform is to pursue one overarching goal, to obey one basic rule, and to follow one simple mantra. The overarching goal that makes the whole effort worthwhile is to achieve a stronger economy. The basic rule is that tax reform should be revenue neutral. The simple mantra is that the base must be expanded to become more economically neutral and that marginal tax rates must be lowered." JD Foster, Bush economic adviser quoted in Rust Belt Philosophy
'Im doing this for my father '
"My father has Crohns Disease and has been in and out of the hospital for as long as I can remember. His condition has cost him several jobs and being admitted to hospitals so many times without a job has left him in a tremendous amount of debt and is STILL somehow ineligible to receive Medicare with his condition. Every hospital visit is just a reminder to him that hes sinking deeper and deeper in debt. Because of this, he moves to different states for job opportunities, only having them for a short period of time before the stress causes his condition to flare up, making him either be submitted to a hospital or unable to leave the house which causes him to lose another job. No one should have to go through this." link below
We Are the 99 Percent
