Nearly three-quarters of Americans say they support President Barack Obama's proposal to tax households making $1 million or more at the same or higher rate as middle-class households, according to a recent poll from website Daily Kos.
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Jeremy Rifkin: The Third Industrial Revolution: How Lateral Power Will Transform Society (Excerpt) The "democratization of energy" has profound implications for how we orchestrate the entirety of human life in the coming century. We are entering the era of "Distributed Capitalism." The Third Industrial Revolution. | |
Jared Bernstein: Why the Economic 'Uncertainty' Line Is Shovel-Ready Nonsense While conservative politicians are busy jamming their perennial tax cut/deregulate agenda into the current economic context, the thing that businesses are truly uncertain about is when they're going to start seeing some customers again. | |
Richard Barrington: How Bernanke Ruined the Stock Market's Week The Federal Reserve's latest attempt to revive the economy--the so-called Operation Twist--received a resoundingly negative reaction upon its announcement on September 21. | |
Michele Nash-Hoff: U. S. Lost 1.9 Million Manufacturing Jobs Due to Trade Deficit With China American policymakers have long assumed that as China's huge middle class grew, U.S. companies' sales to these new consumers would also grow. But it did not work out that way. | |
Andrew Fieldhouse: In Favor of Progressive Taxation and a Balance Approach to Budgeting Progressive taxation is a palatable approach to deficit reduction embraced by the public -- unlike nearly every other deficit reduction approach. |
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