Tuesday, June 23, 2015

NONE OF THE ABOVE
Protesters Demand the Confederate Flag Be Taken DownMany in South Carolina see the Confederate flag as a racist symbol, so protesters told lawmakers to “take it down.”
Posted by AJ+ on Sunday, June 21, 2015

Tuesday, June 16, 2015

http://qz.com/429487/a-new-imf-study-debunks-trickle-down-economics/
Adding another nail to the coffin of Reaganomics, a recent study published by the International Monetary Fund (IMF) has concluded that, contrary to the principles of “trickle-down” economics, an increase in the income share of the wealthiest people actually leads to a decrease in GDP growth.
"The benefits do not trickle down," the authors of the study write, Directly Contradicting the theory That US President Ronald Reagan popularized in the 1980s. Reagan argued That decreasing the tax burden for the rich-investors, executives, corporations and the like-would not only income Increase Their Own goal broad Stimulate Economic Growth As They create Opportunities for others' Increased prosperity. This belief has-been at the center of conservative economic thought in the United States and abroad since Reagan's presidency, he During qui cut tax rates for the rich.

Aim the IMF study's five authors say we shoulds INSTEAD focus on raising the income of the poor and the middle class. "Widening income inequality is The Defining challenge of our time," they write. "In advanced economies, the gap entre les rich and poor is icts at Highest Level in decades."

Raising up the poor Appears to-have a dramatic effect: A 1% Increase in the income share of the bottom quintile results in a 0.38% Increase in GDP. Meanwhile, a 1% Increase in the income share of the top 20% results in a 0.08% decrease in GDP growth.


The IMF study comes with caveats. The dataset is from a wide-range of countries, some with better than others available data. Also, inequality is far more skewed in developing countries than in countries with advanced economies, Producing be outliers. Lastly, The Findings about the top quintile's adverse effect on GDP growth Was significant at the 90% confidence interval (a measure the certainty of the statistic) goal fell short of the 95% gold standard social science research Within.The IMF study comes with caveats. The dataset is from a wide-range of countries, some with better than others available data. Also, inequality is far more skewed in developing countries than in countries with advanced economies, Producing be outliers. Lastly, The Findings about the top quintile's adverse effect on GDP growth Was significant at the 90% confidence interval (a measure the certainty of the statistic) goal fell short of the 95% gold standard social science research Within.


Scarpetto Stefano , the director of the Directorate for Employment, Labour and Social Affairs at the OECD, Said que le hand finding of the OECD book, In It Together: Why Inequality Less Benefits All, Is That economic growth is MOST damaged by the effects of inequality on the bottom 40% of incomes.  

"[Increased inequality] tend to Reduce the potential of the lowest income classes to invest in quality education," Scarpetta Said, Adding que la negative effect of inequality on growth Increased que la Researchers found MFI holds true for the advanced economies of the OECD.

Sunday, June 7, 2015

 hypocritical double standards

Tuesday, June 2, 2015

Watch Obama straight up school his critics one by one
Posted by NowThis on Tuesday, March 24, 2015


Monday, June 1, 2015

Poll: Democrats Stick With Hillary
Hillary Clinton remains the favorite Overwhelming Among Iowa Democrats looking ahead to next year's presidential caucuses, though Bernie Sanders HAS Quickly risen as Elizabeth Warren's proxy for the alternative anti-establishment, according to the latest Bloomberg Politics / Des Moines Register Iowa Poll.