Blog Archives

For those in favor of a Sustainable economy:

Passed on to me by John Case:

The *Daly News*<http://dalynews.org>is where we question some of the most deeply ingrained (and deeply flawed)  myths of mainstream economics. The *Daly News* is named in honor of one of our authors, Herman Daly, a true leader in alternative economic thinking.

His most recent essay provides a counterpoint<http://steadystate.org/eight-fallacies-about-growth/>to the clamor for continuous economic growth. Our current essay is a doozy. Brian Czech attacks the nonsense spouted by George Will<http://steadystate.org/george-will/>, but surprisingly Czech agrees with Will on a critical point that has  ramifications for the transition to a sustainable and fair economy. I hope
you’ll take a look.
 
“Eye-opening.” “Beautifully written.” “Insightful.” Those are just a few reader responses to our essays on the *Daly News*. Please subscribe via email<http://feedburner.google.com/fb/a/mailverify?uri=DalyNews&loc=en_US>or RSS feed <http://feeds.feedburner.com/DalyNews>.

I’ve put the Daly News on my bookmark list and will be referring to it when required.

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Quote of the Day: Obama on fixing the Economy

If we take the steps that I laid out to make sure that we’re not seeing teacher layoffs and we’re not seeing police officer layoffs, and we’re providing small businesses with additional financing and tax breaks for when they hire or if they’re giving raises to their employees; if we refinance housing — or allow homeowners to refinance so they’ve got an extra $3,000 in their pocket so that they can spend money and contribute to further economic growth; if we’re making sure that we’re rebuilding, work that has to be done anyway, deferred maintenance on roads and bridges that could put construction workers back to work — all those things will strengthen the economy, and independent economists estimate it would create an additional million jobs.  

Now, you can’t give me a good reason as to why Congress would not act on these items other than politics — because these are traditionally ideas that Democrats and Republicans have supported.  So let me be as clear as I can be.  The economy needs to be strengthened.

– President Obama

(Read more HERE)

Of Course as long as we have Mitch McConnell and John Boehner publicly vowing to have NO cooperation with the President, the odds of the Republicans helping to save the economy are toilet-bowl low.

Hard To Believe Dept. – Where Economic Strategies Come From

Former President George W. Bush is writing a book on—wait for it—strategies for economic growth.

Yeah, that George W. Bush.

The one who ate up our budget surplus that he inherited after the Clinton administration and turned it into massive debt. The one who got us into this great recession BEFORE Obama ever took office.

As the Economic Policy Institute put it best of all:

“…between the end of the 2001 recession (2001Q4) and the peak of that expansion (2007Q4), the U.S. economy experienced the worst economic expansion of the post-war era.”

So, unless Bush calls his book “What I Did Wrong” I’m not sure anyone will take it with any seriousness.

Thanks to All Hat, No Cattle.

War Profiteers Kill Jobs!

Now go HERE to see what you can do about it,

What makes Boehner an Asshole? – II

A comment from the Ranks of the Inverted

“The proposals the president outlined tonight merit consideration. We hope he gives serious consideration to our ideas as well. It’s my hope that we can work together to end the uncertainty facing families and small businesses, and create a better environment for long-term economic growth and private-sector job creation.

John Boehner

Gee…in the speech I listened to, Obama consistently brought up ideas and proposals in his plan that originated with Republicans. This is consideration in my opinion. What Boehner and his gang consider about the President’s plan remains to be seen.

Of course, he sat there making unpleasant faces… didn’t smile once… during the speech. It was revealing to see the great orange face behind Obama during the whole speech.

How much do you want to bet that the only consideration they give Obama is on more tax cuts? That’s it.