Tag Archives: deficit

Lies, Damn Lies, and Statistics

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image of a person with thinking capOne part of political debate I like is using images to make a point. Whether it is a chart or a quote image, these graphics hold on to the adage that a picture is worth a thousand words. They are also easy to share in social media. However one still needs to be careful one isn’t sharing inaccurate information. Don’t post or share any graphic unless you can confirm the accuracy of the information.
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GOP Jobs Plan? Same Old ideas that haven’t worked in 10 years

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Image of emotional House Speaker John BoehnerThe stagnant economy is like a stalled car. You sit there and keep turning the key in hopes that it will luckily turn over but you know you’ll have to call the tow truck. House Speaker John Boehner (R-OH) doesn’t want to call the tow truck in issuing his jobs plan called “The House Republican Plan For American’s Job Creators”. The “plan” just offers the same tax cuts, budget cuts, and regulation cuts that have failed yet to create the jobs we need.
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“But Rep. Paul Ryan has a BA in economics…”

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Rep. Paul Ryan has a BS in EconomicsWhat really drives me insane about the debt ceiling debate and discussions about cutting spending when the economy is in the tank is the politicians in DC ignoring the people who actually do economics as a job. Paul Ryan’s budget, Obama’s grand bargain, and the final deal all ignore the economic facts. Recently a tea party Republican was schooled by the Congressional Budget Office and I think all cheap labor conservatives need to read the detail of the event.
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Debt ceiling deal: A solution in search of a problem

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Clipart of a hand shakeJust like during the budget fight last December, the ruling oligarchy took it to the last moment to agree on a deal on raising the debt ceiling. “Good” for them. The deal though is a solution looking for a problem.
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Debt ceiling “crisis” is actually a tyranny of the money majority

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Image of a bounced checkAs the Republicans drive us closer to the cliff of financial ruin, the fact is that the debt ceiling needs to be raised to pay for what has already been budgeted. Remember the government shut down crisis in December? Not only is this crisis a Tea Party wet dream, but the Democrats don’t get off the hook. Who’s bright idea came up with the need to cut the deficit while the economy wobbles after the gut punch in 2008 that led to 9%+ unemployment, tanked the housing market, and the largest income gap since 1928. What we are seeing isn’t just a GOP vs. Democrat battle, it’s the tyranny of the money majority.
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