The Alan Grayson Page

The Anthony Weiner Page

Guest Contributors


  • BN-Politics' administrators respect, but do not necessarily endorse, views expressed by our contributors. Our goal is to get the ideas out there. After that, they're on their own.
Blog powered by Typepad
Member since 05/2007

Blog Catalog

  • Liberalism Political Blogs - Blog Catalog Blog Directory



« Whistleblower Blasts SEC over Handling of Madoff | Main | Geithner "Plan" for the Banking Industry Provokes Sarcasm, Outrage, Despair, & Bitter PostPartisan Laughter »

February 10, 2009



The conservative myth that all private spending is wise and productive and public spending foolish and wasteful is what has gotten us into the economic mess we find ourselves in today.  It's the decline in national investments that has led us to a place where from 1989 to 2006, the highest-earning 10 percent of U.S. households collected over 90 percent of the nation’s income gains. Today the top 1 percent of American families receives 23 percent of all personal income, up from just 10 percent in 1979. Corporate executives earn 275 times as much as average workers, compared with 27 times in 1973 (these facts are taken from the downloadable book Thinking Big, which I highly recommend - the book is a primer on public policy from the Progressive Ideas Network).  If tax cuts could save us, they would have already done so. Time for some stimulus AND spending.

The comments to this entry are closed.