Economy
Economic issues and news on government affairs that impact the economy
Middle Class Tax Cut Is Republican Sleight of Hand
November 2, 2019“There is nothing more deceptive than an obvious fact.” By Glen Reaux The Tax Cuts and Jobs Act of 2017 aka BILLS-115hr1enr 1 of 2017 (TCJA) s the most monumental tax reform since 1984. Hailed by the Republicans as a tax cut to ease an economic burden on low to middle-class income citizens, they […]
Read More
Slavery With A Smile, America’s Economy Part II
October 10, 2019“The whole secret lies in confusing the enemy, so that he cannot fathom our real intent.” Sun Tzu – The Art of War By Glen Reaux Part II – Understanding the Wizard’s great machine Economic slavery is a system whereby a minute class of economically privileged people (elite, 0.01%), dominate all other […]
Read More
The Coming Recession and How to Survive It
August 28, 2019By Glen Reaux The fear of recession is in the wind and it does not look good. The Great recession of 2008 was actually a depression, although not as severe as the Great Depression which lasted for 10 years from 1929-1939. Both of these events did great harm to the nation’s economy and more importantly, […]
Read More
The Trillion Dollar Deficit and Republican “Pinocchio Economics”
August 23, 2019“Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.” – Ron Paul by Glen Reaux On Wednesday, August 21st, the American people, poor and middle-class Republicans, Democrats and Independents alike, upon waking […]
Read More
Trump’s Tax Cuts The Thrill of Victory and The Agony of Defeat
August 15, 2019By Glen Reaux On December 22, 2017, at the expense of the American people, the Republican Party experienced the thrill of victory with the signing by President Trump of their Tax Cuts and Jobs Act of 2017 aka BILLS-115hr1enr. Many poor and middle class citizens were fooled by the standard unproven Republican mantra of lowering […]
Read More
Slavery With A Smile, America’s Economy Part I
August 9, 2019“I freed a thousand slaves. I could have freed a thousand more if only they knew they were slaves.” – Harriet Tubman By Glen Reaux The title of this article, “Slavery With A Smile, America’s Economy” is a very serious assertion about how the American economy is enslaving you, especially if you are […]
Read More
Too Big To Fail the Sequel Part II
May 9, 2019“I’m not really conservative. I’m conservative on certain things. I believe in less government. I believe in fiscal responsibility and all those things that maybe Republicans used to believe in but don’t any more” – Clint Eastwood By Glen Reaux The 2008 Great Recession resulted in the government declaring that certain corporations, including […]
Read More
Too Big To Fail The Sequel
May 7, 2019“What you do in this world is a matter of no consequence. The question is what can you make people believe you have done.”- Sherlock Holmes By Glen Reaux “Too Big To Fail” is a theory that became popularized in a 1984 federal hearing discussing the Federal Deposit Insurance Corporation an organization that […]
Read More