The Lane Between Wall Street and Main Street
Trickle Down gave Wall Street $100B lesser tax burden in the first year. It kept $91B. Wall Street trickled down $9B to Main Street.
Tag: inequality
Crime and Order
With the improved skilled workforce, the United States economy will flourish under the stimulus of fixing and managing the ecology of our piece of the planet.
Pandemic Economic Valuations
Congress should not bailout companies except those associated with satisfying primary needs of people.
Gross Inequality and Social Contract
Students, tomorrow's leaders, must understand that opportunity denied, returns as less respect for the rule of law.
An Empire of Wealth. John Steele Gordon
... much to admire about the book; nonetheless, the antagonism to the Glass-Steagall Act was striking in revealing Gordon's short-sightedness to the coming financial crisis, with banks taking massive risks with depositors money that the…
Aggregate Effects of the Top 1% Earners
With 93% of income growth being taken by the Top 1%, the salaries of workers and lower level managers are barely growing, so the nation’s GDP barely grows.
Class Warfare and Status Quo
If unrest and riots are quelled without adjustments in societal and economic reality, they will reoccur—like earthquakes which always has us wondering, "Is this the big one?"
Aggregate Effects in the National Economy
Increased consumption by retained minimum wage workers boosts the economy.