In the coming mid-term election battle between the Party of No Brains and the Party of No Guts, you will hear the latter point to the much-improved US economy as a reason for why they must maintain control over the Senate and retake the House. But this chart published by Bloomberg in August explains why Democrats […]
Read More WHY DEMOCRATS CAN LOSE THE SENATE THIS NOVEMBERPew Research’s Conrad Hackett tweeted a disturbing chart by economist Pavlina R Tcherneva—the richest 10 percent of Americans has soaked up an increasingly greater share of average income growth during every US economic expansion since the 1950s. The 2009-2012 period can really piss you off—even if you’re a member of the top 10%. No one can […]
Read More THIS CHART EXPLAINS WHY YOU CAN’T TRUST DEMOCRATS OR REPUBLICANS WITH THE ECONOMY (IF YOU’RE NOT RICH)Through my lens, these are the Democratic Congressional options for Harlem and Bronx primary voters: a long time situational sellout whose margin of public acceptance has dropped to such precarious lows where he now resorts to fake telephone conversation comedy sketches during debates; a New York State legislator who has never been tested on the […]
Read More STAND DOWN, RANGEL. FOR HARLEM’S SAKE.Hearing the words “income inequality” spoken by members of the One Percent and their defenders – like economist Greg Mankiw, most recently – reminds me of the Julia Roberts movie Sleeping with the Enemy where the physically-abusive husband, played by Patrick Bergin, just finished smacking Roberts’ character around the house, and then refers to the […]
Read More AND THE 1 PERCENT CONTINUES TO TALKI’ll first tell you what I like about Obamacare. It’s a start, I suppose… It will cover additional uninsured people. It makes an effort to reduce the deficit by forcing down health care costs. On the last point, I’m not certain if that vector is sustainable… There are two things at battle in my […]
Read More WHAT I DON’T LIKE ABOUT OBAMACARE