We hear it from Republicans all the time; “if a company has more money then they will hire”. It’s the basic premise they use to sell their plans for tax cuts. But the problem is that Republicans are dead wrong, and that is shown in this article: For months, companies have been sitting on the […]
The sage of Target dumping money into political races has been interesting, if not short-lived. Let’s a quick timeline: July 25th – it was revealed that the Target Corp. funneled $150,000 to a right-wing homophobic PAC. July 27th – Target CEO Gregg Steinhafel defends the donations, saying “Target’s political donations are intended to support business […]
To prove this is a meme of the Republican Party just take a look at this blog post by Robert Stacy McCain (wingnut extraordinaire!): Let me explain something to you, David Axelrod: Obama and the Democrats didn’t “cut taxes” in a way that will stimulate economic growth. They didn’t reduce or eliminate the capital gains […]
I posted the email last night that John McCain sent out stating he would be running for re-election in 2010. The email, as with all of these, was mainly for the purpose of fundraising. But let’s take a look at one key paragraph and what McCain is using to stimulate his fundraising: The economic challenges […]
For all those out there who I knew would be worried about the future of John McCain, fear no longer. We now have official confirmation that he is running for re-election in 2010: I want you to know that I do intend to seek re-election. The magnitude of the financial crisis that many American families […]
And not in a good way Wall Street resumed its downward trek Friday as skittish investors, unable to hold on to much optimism about the economy, drew little comfort from President Bush’s stimulus plan. Investors had already pulled back from a big early gain, with the major indexes trading mixed as Bush began to speak. […]
A golden opportunity for Democrats to excoriate President Bush regarding trade will occur next month: US trade deficit widens to record $68.5bn The US trade deficit ballooned to a record $68.5bn in January, far surpassing expectations and raising the prospect of a large drag on economic growth in the first months of the year. The […]