Economy and Business
Why are we the Tea Party’s Hostages?
At issue was the federal budget, which needed to clear Congress to keep the government going. The protestors think the government is spending way too much and the national debt is too big. They want to cut both of them to the bone. And they intend to use the Republican Party as their knife.
Finally, Obama Leads on the Deficit
Wow. A president of the United States being partisan. Imagine that. I can see why the Republicans were so upset. They’re such gentle, kind, cooperative people whose first instinct is to compromise. Always.
Gubernatorial Goofiness in Maine
LePage’s rampage includes busting unions, rolling back child labor laws, gutting programs for the middle class and poor, and raising the retirement age for Maine workers–all in his first few weeks in office.
Mickey Mouse Wage Hike
Good news, people: America’s wages are up–the average worker is making more today than a year ago! How much more, you ask? Get ready to be excited: 58 cents a week.
The Lineup: Week of April 4-10, 2011
In this week’s OtherWords editorial package, we’ve got three Tax Day op-eds–including one by Chuck Collins that tells Congress where to find $400 billion a year in revenue–and a cartoon by Khalil Bendib lampooning GOP budget priorities
Hey Congress, Want $400 Billion in New Annual Revenue?
Have you heard? America is broke, according to many governors and lawmakers.
Fair Taxation Requires More Brackets at the Top
So many governors are hammering their budgets with a “we’re broke” message these days that it’s amazing our country hasn’t shattered into a thousand separate islands. More and more, however, rational voices are correctly asserting that we’re not broke.
Finally: Fairer Tax Reporting
Employers have reported the income all Americans earn from regular jobs to the Internal Revenue Service since World War II. Starting this year, U.S. taxpayers and their brokers finally have to do the same thing with the income earned from capital gains.
Japan’s Earthquake Jolts Shreveport
The corporate chieftains who’ve relentlessly pushed American factories and middle-class jobs offshore rationalize this globalization of production by declaring that it’s all about efficiency, as though that’s the highest value to which a civilization can aspire.
Where Will We Find the Money?
