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Fri Apr 18, 2014, 01:16 PM

Paul Krugman & Bill Moyers


Economist Paul Krugman explains how the United States is becoming an oligarchy - the very system our founders revolted against.

WHAT THE 1% DON'T WANT YOU TO KNOW

17 replies, 3230 views

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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Arrow 17 replies Author Time Post
Reply Paul Krugman & Bill Moyers (Original post)
G_j Apr 2014 OP
adirondacker Apr 2014 #1
adirondacker Apr 2014 #8
closeupready Apr 2014 #2
sabrina 1 Apr 2014 #3
Wounded Bear Apr 2014 #4
dgauss Apr 2014 #5
CTyankee Apr 2014 #6
passiveporcupine Apr 2014 #7
G_j Apr 2014 #10
Martin Eden Apr 2014 #9
rurallib Apr 2014 #11
G_j Apr 2014 #12
rhett o rick Apr 2014 #13
Taitertots Apr 2014 #14
burrowowl Apr 2014 #15
BelgianMadCow Apr 2014 #16
Major Nikon Apr 2014 #17

Response to G_j (Original post)

Fri Apr 18, 2014, 01:22 PM

1. Huge K&R. Brilliant and Awesome! Thanks for posting. nt

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Response to adirondacker (Reply #1)

Fri Apr 18, 2014, 09:32 PM

8. Kick. nt

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Response to G_j (Original post)

Fri Apr 18, 2014, 01:26 PM

2. K&R for later viewing.

 

thanks

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Response to G_j (Original post)

Fri Apr 18, 2014, 01:32 PM

3. Thanks for the video. Moyers is a National Treasure.

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Response to G_j (Original post)

Fri Apr 18, 2014, 01:50 PM

4. K & R..nt

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Response to G_j (Original post)

Fri Apr 18, 2014, 03:27 PM

5. K&R

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Response to G_j (Original post)

Fri Apr 18, 2014, 04:06 PM

6. A real treat. I felt uplifted after watching these two intelligent, articulate scholars explore such

an important topic. I wish we had more of such sane and brilliant analyses, but alas, I think these are rare birds indeed...

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Response to G_j (Original post)

Fri Apr 18, 2014, 04:42 PM

7. Krugman sounds a lot more hopeful than I feel! n/t

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Response to passiveporcupine (Reply #7)

Sat Apr 19, 2014, 11:22 AM

10. agreed

I do appreciate his outlook.

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Response to G_j (Original post)

Sat Apr 19, 2014, 10:06 AM

9. Bookmarked for later, thanks. n/t

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Response to G_j (Original post)

Sat Apr 19, 2014, 03:23 PM

11. mark to return to.

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Response to G_j (Original post)

Sun Apr 20, 2014, 11:47 AM

12. here is a superb Sunday discussion nt

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Response to G_j (Original post)

Thu Apr 24, 2014, 12:38 AM

13. k&r thanks for posting. nm

 

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Response to G_j (Original post)

Thu Apr 24, 2014, 01:11 AM

14. In the future, people will look back at this era with the same disgust that people today feel when..

 

we look back at the feudal system. Maybe worse.

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Response to G_j (Original post)

Thu Apr 24, 2014, 01:19 AM

15. K&R!!!!!

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Response to G_j (Original post)

Thu Apr 24, 2014, 03:58 AM

16. Great segment. How did you embed that video?

I wonder?

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Response to G_j (Original post)

Thu Apr 24, 2014, 08:23 AM

17. When you stack the deck in favor of the rich, what other outcome can you expect?

The very rich receive most of their income from investments which are taxed at a lower rate than most of the middle class. This means that staying rich becomes easier while getting rich becomes more difficult. People with wage income are taxed at a maximum rate of 35% while people with investment income are taxed at a maximum rate of 20%. It doesn't take an economist to figure out that with such a system, it becomes far easier to stay rich than it does to get that way, at least through productive work. Couple this with other tax breaks and tax avoidance schemes the rich enjoy and it's a wonder anyone manages to get rich through the fruits of their own labor. Meanwhile the GOP promotes the idea that all you have to do is work harder to get ahead, and those in the South who tend to have the most income inequality, keep drinking the Kool-aid.

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