Economy

Small Business Owners Agree: Stricter Safety Guidelines for Chemical Toxins Needed

A new independent poll shows that when it comes to protecting workers and consumers from negative effects of toxic chemicals, small-business owners agree with voters in that both want to be protected by stricter regulations.
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Aurora Crowd Tells Coffman to End Tax Cuts for Top Two Percent

Standing in front of Flava, an Aurora restaurant, the crowd of about 50 people held signs and called on Coffman tell his fellow Republicans to stop holding the middle class hostage to tax cuts for the wealthiest 2 percent of Americans.
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Rush Limbaugh Gets Shockingly Factual

It's time for Random Rush! And perhaps Limbaugh should take a vacation more often? Coming back from his Thanksgiving break, Rush Limbaugh accurately describes the alternative minimum tax, shocking Sam. However, Rush still manages to say something unbelievably stupid.
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Conservative Economics Doesn't Expand the Workforce

Conservative economic thought is based on a single simple premise, which just so happens to be wrong. The premise is that if you make sure businesses have as much money as possible, they'll hire more workers. One easy way to do that, they claim, is to lower their taxes.
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The Fiscal Cliff Grand Betrayal


With the election behind us, President Obama and the lame-duck Congress return to Washington to face a fiscal showdown, occasioned by automatic tax hikes and spending cuts scheduled to kick in after the first of the year.
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Columbine Survivor Turns to Occupy for Foreclosure Help

After being shot 8 times and paralyzed during the Columbine High School shooting in 1999, Richard Castaldo is now fighting for his home.
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Elections Polling Analyst Nate Silver Needed for Budget Debate

By Dean Baker
Co-Director, Center for Economic and Policy Research, Author
At this point almost everyone has heard of Nate Silver, the New York Times polling analyst who had all the pundits looking stupid on election night. Silver managed to call every state exactly right. He ignored the gibberish about momentum or voters’ moods and simply focuse...
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The Obama Administration's Game of Agricultural Chicken

In this clip from The Majority Report, New America Foundation's Lina Khan explains the growth of agricultural monopolies, why farmers are serfs on their own land, how Congressional Republicans killed the Obama Administration's efforts to reform the industry, and why they ultimately folded on the issue.
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The Fiscal Cliff Myth

As President Obama gets closer to making his deal with the Republicans on the budget, the most important thing to keep in mind is that the fiscal cliff is an artificially contrived trap. Were it not for the two Bush wars and the two Bush tax cuts and the House Republican games of brinkmanship with the routine extension of the debt ceiling, there would be no “fiscal cliff.”
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Restoring Traditional America

Restoring Traditional America
Over the weekend The Daily Kos highlighted a cartoon from Tom the Dancing Bug (cartoonist Rueben Bolling) that responded to Bill O’Reilly’s election night claim that Obama’s win signaled the death of traditional America. According to O’Reilly, “the demographics are changing, it’s not a traditional American anymore.” Bolling wondered what would happen if Barack Hussein Obama traveled back in time to the world of Leave it to Beaver. In this imaginary scenario, Obama tells the Cleavers of his plan to raise the marginal tax rate on the wealthiest Americans, reduce the gap between CEO pay and that of the lowest paid employees, and bolster the social safety net. The “Beave” and his family point out that those features were already in place in their traditional 1960s America. “Golly, mister,” the Beave exclaims, “I think you’re bringing back traditional America.”
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