Tea Party Hates So Much They Don't Know When They've Been Given What They Want

They say "love is blind", but so is anger:

"My taxes have gone up!"  No, they've gone down.

The Obama stimulus bill cut taxes for 95 percent of working families, but few voters noticed, a troubling sign for Democrats.

Income Distribution 1979-2006

Working Group on Extreme Inequality » How Unequal Are We?

"· Percentage of U.S. total income in 1976 that went to the top 1% of American households: 8.9. · Percentage in 2007: 23.5. · Only other year since 1913 that the top 1 percent’s share was that high: 1928. · Combined net worth of the Forbes 400 wealthiest Americans in 2007: $1.5 trillion. · Combined n...

    The share of total income going to the top 1 percent of earners, which stood at 8.9 percent in 1976, rose to 23.5 percent by 2007.    "

Republicans Survival of the Fittest Law of Civilization Tea Party

Ayn Rand Conservatism at Work -- Firefighters Let Family's House Burn Down Because Owner Didn't Pay.

"Talk of limited government is appealing until you see what it actually means in practice: a society in which it's every man for himself."

Businessman tells it like it is, but Republicans are deaf

Let's be real folks..marginal tax cuts don't motivate

"I'm a venture capitalist and an entrepreneur. Over the past three decades, I've made both good and bad investments. I've created successful companies and ones that didn't do so well. Overall, I'm..."

Competition Among States: Race to the Bottom

Attention Arizona voters:

Cutting State Corporate Income Taxes Is Unlikely to Create Many Jobs

"Corporate income taxes are important sources of revenue that states use to fund public services, including services essential to long-term economic growth like education, infrastructure, health care, and public safety.
Nonetheless, a number of 2010 [ Republican ] gubernatorial candidates have made corporate tax cuts key planks of their campaign platforms. This continues a trend of the past couple of years, during which policymakers in several states have proposed cutting corporate income tax rates — or even eliminating the tax completely — as a strategy for stimulating economic growth and creating jobs. These proposals, however, offer false hope. Corporate income tax cuts are unlikely to have a positive impact on a state’s rate of economic growth or the pace at which it generates private-sector jobs. "

Creative Destruction not so creative

"This is important because Economists habitually downplay the difficulty of finding a new job, choosing to see shakeups as good for the economy and in the long run, for the employee, who'll no doubt just learn new skills in order to better compete in the new economy. Such consideration flies in the face of reality, as the IMF report shows. Of course, the IMF is a well-known Marxist organization, so I guess you have to take it with a grain of salt.    "  - Ezra Klein

Ezra Klein - Two graphs that should really scare us

Moody's, yes, the Wall Street friendly Moody's, says Republican Platform a Joke

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says

"Give the wealthiest Americans a tax cut and history suggests they will save the money rather than spend it.

Tax cuts in 2001 and 2003 under President George W. Bush were followed by increases in the saving rate among the rich, according to data from Moody’s Analytics Inc. When taxes were raised under Bill Clinton, the saving rate fell.

The findings may weaken arguments by Republicans..."