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May 21: The attack of the NASTIE’s and storming moats
May 21st, 2011 by Sam

2011-05-21-samantha-clemens.Mp3

Guests:

The economy:

If you reduce taxes to nothing, will the economy grow infinitely?  Jared Bernstein will explain why this is just not so, regardless of what he calls the NASTIE’s say (Never-A-Stinkin’-Tax-Increase-Ever!).  What Dems AND Repubs have to come to grips with.

Check out his blog:  Attack of the NASTIE’sWage Story, Longer Term.

Holding the banks accountable:

Storming the moat!  The JP Morgan Chase office in Columbus, Ohio is surrounded by a moat.  Liz Ryan Murray will explain why folks dressed up as Robin Hood, stormed the castle, and demanded to let others stay in their’s.

For more, check out Show Down in America and the New Bottom Line.

Why Tax Cuts Won’t Stimulate the Economy
Sep 15th, 2010 by Sam

To all the worshipers kneeling to the altar of tax cuts

This means that any tax cuts for new investment may hardly be used. Businesses aren’t suddenly going to invest more money, when they are more concerned about their own balance sheets and those of potential consumers of their goods. And even if they do, their spending is liable to be more of a “cash for clunkers” scenario than something that can help the real economy.

The same goes for any proposed maintenance of the Bush Tax cuts, which would just be pocketed or used to pay down debts on underwater mortgages by consumers. And, in some cases, those who may even be in good financial shape may elect to save money as their confidence is so low in the future of the economy.

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