The Angry Rich New York Times By PAUL KRUGMAN September 19, 2010 Anger is sweeping America. True, this white-hot rage is a minority phenomenon, not something that characterizes most of our fellow citizens. But the angry minority is angry indeed, consisting of people who feel that things to which they are entitled are being taken […]
With Revelations of Debt, Georgia Governor’s Race Evens Up New York Times By ROBBIE BROWN September 19, 2010 LAWRENCEVILLE, Ga. — At a paper-plate luncheon for lawyers and judges on Friday, Nathan Deal, the Republican nominee for governor of Georgia, searched for a metaphor that would resonate. He wanted to describe how it feels to […]
Gingrich Calls For Federal Ban On Shariah Law In US Talking Points Memo by Evan McMorris-Santoro September 18, 2010 The second morning of speeches at the Values Voter Summit here in DC was dominated by a man who is swiftly becoming the nation’s spokesperson for Islamophobia – former House speaker Newt Gingrich. Fresh off the […]
Harvard’s Top Neurologist Just Says "No" to Commercial CME Carlat Blog September 14, 2010 In a piece of extraordinarily good news for those of us promoting industry-free CME, one of Harvard’s top neurologists, Martin Samuels, announced a new company, Lighthouse Learning, that will refuse any commercial funding for continuing medical education courses… Looks like Dr. […]
So in the 1930’s when wealth inequity peaked, FDR came along with his New Deal and kept people afloat, but the wealth inequity didn’t change and the Depression/Recession wore on and on. Then in 1941 came and he levied a tax on the rich that was impressive [even oppressive] and the wealth inequity compressed. In […]
In his article on Wealth Inequity, Timothy Noah says, "The United States’ economy is currently struggling to emerge from a severe recession brought on by the financial crisis of 2008. Was that crisis brought about by income inequality? Some economists are starting to think it may have been." Well, I guess I just haven’t gotten […]
10: Why We Can’t Ignore Growing Income Inequality … It is easy to make too much of this, and a few conservatives have done so in seeking to dismiss the importance [or even existence] of the Great Divergence. Let’s look at their arguments. Inequality is good Income doesn’t matter Inequality doesn’t create unhappiness Quality of […]
Invading Iraq was more than a story about what to do about the frustrating leader of Iraq, Saddam Hussein. It was about taking advantage of the fall of the Communist Bloc to catapult the United States into the position of being the world’s sole superpower. With the failure of the Eastern Bloc’s attempt to convert […]
I think Timothy Noah’s series [the “Great Divergence”…] is terrific, so these comments are just some things that I think – not intended to detract from his helpful research. I’ve already said that I think he looked at the technology revolution the wrong way [wealth inequity revisited…]. He looked at the direct effect. I think […]
I’ve been following the series in Slate called The United States of Inequality. There are 10 installments and I’ve already tried to pull out representative quotes from the first 6. The whole series is based on this graph showing the growing wealth inequity in the US in the last thirty years: Here are my previous […]