Romney: The Little People Don’t Pay Taxes

Everyone recalls the quip by Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes…”. By “we”, of course, she meant the likes of Mitt Romney. By little people, she meant Romney’s 47% – those not worth the bother. As President, the Mitt made clear, he will not be serving them. And by now […]

Why Romney and Ryan are Going Down

Unemployment is still above 8 percent, job gains aren’t even keeping up with population growth, the economy is barely moving forward. And yet, according to most polls, the Romney-Ryan ticket is falling further and further behind. How can this be? Because Republicans are failing the central test of electability. Instead of putting together the largest possible […]

Labor Day 2012 and the Election of 2012: It’s the Inequality, Stupid

The most troubling economic trend facing America this Labor Day weekend is the increasing concentration of income, wealth, and political power at the very top – among a handful of extraordinarily wealthy people – and the steady decline of the great American middle class. Inequality in America is at record levels. The 400 richest Americans […]