“The Truth About the Economy in 2 Minutes and 15 Seconds”
good video for a 2 minute summary of a very complicated issue.
Pay very close attention.
Pretty sure most of my followers are aware of this basic information, but it’s depicted very concisely here and needs to be passed around everywhere.
Really like this!
Advertisers: American middle class is dead (by SamSeder)
According to a new white paper from Ad Age, the America where average families dominated the consumer market has completely vanished.
This week, the Center for Budget and Policy Priorities issued a report […] The analysis, by entitlement expert Paul Van de Water, calculates the combined effects of the two Social Security benefit cuts undergirding the Roadmap for America’s Future — a fiscal plan authored by the GOP’s top budget guy Paul Ryan.
White House White Board (2 min)
This is a pretty good video. I wish there were more Democrats (or any??) that would get out there in the media and use visual aids to explain the tax situation and illustrate why their position is right for the American people. Every single Democrat should repeat, “it doesn’t make any sense, it costs too much money and we know it doesn’t work.” Over and over and over.
I don’t know why I keep being surprised that the majority of Democrats suck at politics. They’re often right on policy, but they have no idea how to play politics. Not only do they have to clear up the misconceptions about taxes, they also should be able to clearly convey (morally, economically, etc.) why this is the right way to approach this issue. And it’s not just taxes, they need to do this with EVERYTHING.
Argh, I’m just so frustrated with being preemptively blamed for congressional losses this fall because I’m disappointed, critical and not “sucking it up” when THEY ARE THE ONES THAT ARE NOT DOING THEIR JOBS. Both policy-wise and politically.
I think when you have troubles like that you shouldn’t be bitching about a little bailout. You should have been thinking it should have been bigger… There’s danger in just shoveling out money to people who say, ‘My life is a little harder than it used to be.’ At a certain place you’ve got to say to the people, ‘Suck it in and cope, buddy. Suck it in and cope.’
The last part is priceless!!
An aging population will eventually (over the course of the next 20 years) cause the cost of paying Social Security benefits to rise from its current 4.8 percent of G.D.P. to about 6 percent of G.D.P. To give you some perspective, that’s a significantly smaller increase than the rise in defense spending since 2001, which Washington certainly didn’t consider a crisis, or even a reason to rethink some of the Bush tax cuts.
Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in “monkeynomics” shows that some of the silly choices we make, monkeys make too.
Totally worth your 20 minutes… fascinating!