You are here

Economics

Economics Logo

Bill Schorr | trickle down economics / media.cagle.com

http://media.cagle.com/100/2015/07/14/166374_600.jpg

Section(s): 

Shocking Truth: This Is How Barack Obama Was Able To Prop Up The U.S. Economy

http://www.thedailysheeple.com/wp-content/uploads/2016/12/Barack-Obama-Looking-Into-A-Mirror-Public-Domain-460x329.jpeg

  • A day of reckoning is fast approaching, and I am not sure if Donald Trump even realizes that he will soon be faced with some incredibly heartbreaking choices.
  • Related: Capitalism's war on climate science

Michael Snyder, The Economic Collapse / the Daily Sheeple

http://www.evergreenedigest.org/sites/default/files/twitter-4-512.png Now you can follow Evergreene Digest on Twitter.

 

 



 

December 5, 2016 | Barack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means.  In this article, I am going to share with you the primary reason why Barack Obama has been able to prop up the U.S. economy over the past eight years.  If Barack Obama had not taken the extreme measures that he did, we would be in the midst of a historic economic depression right now.  But by propping things up in the short-term, he has absolutely demolished our long-term economic future.  But like most politicians, Obama has been willing to sacrifice the future for short-term political gain.

If you take any basic college course in economics, you are going to learn about John Maynard Keynes.  Without a doubt, Keynes was one of the most famous economists of the 20th century, and one of the things that he believed was that governments should go into debt and spend more money when an economic downturn strikes.  By injecting additional funds into the economy during a time of crisis, he believed that the severity of recessions and depressions could be reduced.  This approach ultimately become known as “Keynesian economics”, and in the post-World War II era virtually the entire world embraced it at least to some degree.  Here is more on Keynes from Investopedia

Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream , The Truth and Economic Collapse Blog.

Full story … 

Related: 

Capitalism's war on climate science, James Plested, , Red Flag / SocialistWorker.org

http://evergreenedigest.org/sites/default/files/Environment%20Banner.jpg

A system that puts profits above humanity can't address an existential threat to our future. 

  http://everydayfeminism.com/wp-content/uploads/2015/06/PlsShareArrow5.png

 

 

 

Capitalism's war on climate science

http://evergreenedigest.org/sites/default/files/Environment%20Banner.jpg

A system that puts profits above humanity can't address an existential threat to our future. 

 

James Plested, Red Flag / SocialistWorker.org

 

Submitted by Evergreene Digest Contributing Editor John Stoltenberg 

http://evergreenedigest.org/sites/default/files/Subscribe%20logo%20with%2011%20Yr%20Banner.jpgTo stay on top of important articles like these, sign up here to receive the latest updates from all reader supported Evergreene Digest.

 

 



https://socialistworker.org/sites/default/files/imagecache/425/images/289704683_3dd8ca6d65_o.jpgMarch 1, 2017 | The Earth revolves around the sun. That was the simple proposition that resulted in 17th century Italian scientist and astronomer Galileo falling foul of Catholic authorities, who banned his works and placed him under permanent house arrest. The idea espoused by Galileo and other scientists was, according to a Papal Condemnation of June 1633, "formally heretical, because it is expressly contrary to Holy Scripture."

According to scripture, the earth was the center of the universe, and the sun, the moon and the planets all revolved around it. Anyone who dared to contradict this view was silenced. The authority of the church--the ideological "glue" that held together Italian society at the time and enabled its rulers to continue in their position of power and privilege--depended on it.

James Plested is a Melbourne writer, graphic designer and long-time leftist sports fan.

Full story … 

The Hardening of Society and the Rise of Cultures of Cruelty in Neo-Fascist America

http://www.greanvillepost.com/wp-content/uploads/2017/02/capitalism-whereUcanenslave.jpg

  • There is more at work here than getting rid of Trump, there is a need to eliminate a system in which democracy is equated with capitalism, a system driven almost exclusively by financial interests, and beholden to two political parties that are hard wired into neoliberal savagery.
  • Related:'Spectacular Betrayal' as Trump Hands Economy 'Back Over to Wall Street'

Henry Giroux, Greanville Post

March 17, 2017 | Dark Times are truly upon us. There will be an acceleration of acts of violence under the Trump administration and the conditions for eliminating this new stage of state violence will mean not only understanding the roots of neo-fascism in the United States, but also eliminating the economic, political, and cultural forces that produced it.

There is more at work here than getting rid of Trump, there is a need to eliminate a system in which democracy is equated with capitalism, a system driven almost exclusively by financial interests, and beholden to two political parties that are hard wired into neoliberal savagery.

What does the culture of cruelty look like under a neo-fascist regime?

Henry Giroux currently holds the McMaster University Chair for Scholarship in the Public Interest in the English and Cultural Studies Department and a Distinguished Visiting Professorship at Ryerson University. His most recent books are America’s Education Deficit and the War on Youth (Monthly Review Press, 2013) and Neoliberalism’s War on Higher Education (Haymarket Press, 2014). 

Full story … 

Related:

http://evergreenedigest.org/sites/default/files/Subscribe%20logo%20with%2011%20Yr%20Banner.jpgTo stay on top of important articles like these, sign up here to receive the latest updates from all reader supported Evergreene Digest

 




 

'Spectacular Betrayal' as Trump Hands Economy 'Back Over to Wall Street' Deirdre Fulton, Common Dreams

http://www.commondreams.org/sites/default/files/styles/cd_large/public/headlines/wall-st-flag.jpeg?itok=_L_cvE3UExecutive orders seen as "a cave-in to the power of Wall Street and the financial lobby." (Photo: Dave Center/flickr/cc)

  • "Wall Street titan Goldman Sachs seems to be taking over financial regulation in the United States, trying to make it easier for them and other big banks like Wells Fargo to steal from their customers and destabilize the economy." —Lisa Donner, Americans for Financial Reform
  • 'The Wall Street bankers against whom Trump ran are making policy now,' says Public Citizen
  • Related: Not So Spineless: Paul Ryan Plans To Use Trump’s Chaos To Destroy Medicare, Medicaid And Social Security

http://everydayfeminism.com/wp-content/uploads/2015/06/PlsShareArrow5.png

 

 

Section(s): 

Trump’s Assault on Immigrants Will Seriously Damage the Economy

https://www.thenation.com/wp-content/uploads/2017/03/Schwartz-immigrants_img.jpg?scale=896&compress=80

(Reuters / Brian Snyder; Phelan M. Ebenhack via AP; AP Photo / Charlie Riedel, Bryan Cox; Reuters / Stephanie Keith; Reuters / Jose Luis Gonzalez)

  • The key sectors in which we can expect growth are dependent on immigrant labor.
  • Related: The Positive Effects of Sanctuary Policies on Crime and the Economy

Herman Schwartz, the Nation

http://evergreenedigest.org/sites/default/files/INS%20Visa%20Approval%20Stamp.jpg  April 3, 2017 | President Trump has promised to add millions of “good jobs” to the US economy and to raise the gross domestic product by more than 4 percent annually, at one point asserting: “I think we can do better than that”—as much as 6 percent. “This is the most pro-growth, pro-jobs, pro-family plan put forth in the history of our country,” he proclaimed.

At the same time, the president has vowed to deport up to 3 million undocumented immigrants and to curtail future entries, branding immigrants as “gang members,” “drug dealers,” and “bad hombres.” After his January 27 travel ban on people from seven Muslim-majority countries was blocked by the courts, Trump devised a toned-down version applied to six of them—even though his own Department of Homeland Security has concluded that “country of citizenship is unlikely to be a reliable indicator of potential terrorism.”

Herman Schwartz, a professor of law at the American University, is the author of Right Wing Justice: The Conservative Campaign to Take Over the Courts (2004) and editor of The Rehnquist Court (2002), based on an October 9, 2000, special issue of the Nation.

Full story …

Related:

http://evergreenedigest.org/sites/default/files/Pine%20Tree%20Logo200%20with%2011%20Yr%20Banner.jpg Needing Your Help and Damn Proud of It

This organization can be converted overnight into a far more powerful voice and higher achieving project. "Significant" participation by our readership is what is and has been lacking for far too long.

I have to get you on board. We don't need people to give more, we need more people to give.

Time has come.

In earnest,

Dave & the Crew


The Positive Effects of Sanctuary Policies on Crime and the Economy, Tom K. Wong, Center for American Progress

http://evergreenedigest.org/sites/default/files/Immigration%20Banner.jpg

 

  • The Data Are Clear: Sanctuary Counties See Lower Crime Rates and Stronger Economies
  • Related: Special Project | Trump's Sanctuary Cities Plan is Straight Out of Breitbart, Radical Right Playbook
Section(s): 

Pages