Replies to post #323935 on Tornado Alley (PROG)

[fuagf]

12yearplan, There have been many minds driving the trend to more inequality and less mobility over the last 50 years. That's a good summary
article re those trends, and of course Trump is, as per his actions all his working life, screwing the ordinary guy further. Two recent ones

What Will Trump Do to American Workers?
.. Krugman, down a bit, here ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150562864

and

Some revealing charts on wealthy and corporate tax minimization here, Tax Cuts and Leprechauns (Wonkish)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148958727 ,
.. with at bottom ..
Corporate tax: the great incidence hoax
[...]
In short, the corporate tax falls largely on wealthy capital owners. It is a powerful and precious vehicle for reducing inequality, within and between countries. Given the role that corporate taxes play in curbing economic inequalities, and the growing literature highlighting the fact that higher inequality tends to cause lower economic growth, there is a plausible case for suggesting that corporate tax cuts may hurt economic growth.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135942054

This one brings in the dishonest conservative, now Trump, demonization of others by using the socialism label

Here’s the right lesson liberals should learn from Scandinavian ‘socialism’
[...]
Sanders himself cites the Scandinavian model. The achievement of Denmark, Norway and Sweden is indeed remarkable: Those countries are roughly as wealthy as the United States on a per capita basis .. https://countryeconomy.com/countries/compare/denmark/usa?sc=XE34 .. but they have less income inequality .. http://theconversation.com/what-the-world-can-learn-about-equality-from-the-nordic-model-99797 .. and a stronger social safety net. By some measures, moreover, they are freer, economically .. https://niskanencenter.org/wp-content/uploads/2018/04/Final_Free-Market-Welfare-State.pdf .. and politically .. https://freedomhouse.org/report/freedom-world-2018-table-country-scores , than the United States. They show that a “free-market welfare state .. https://niskanencenter.org/wp-content/uploads/2018/04/Final_Free-Market-Welfare-State.pdf ” isn’t an oxymoron.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148272854

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A few from back a bit - This is where Nick Hanauer comes back in

"Burying Supply-Side Once and for All"

to link .. Repeat - The Pitchforks Are Coming… For Us Plutocrats
"Raise Taxes on Rich to Reward True Job Creators: Nick Hanauer"
By NICK HANAUER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131184160
.. linked in post headed ..
Some of relevance: It's no surprise Trump loyalists believed Trump wasn't planning for a Trump Tower Moscow up until the 2016 election.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146232267
"Presidential historian Doris Kearns Goodwin on reports apparently questioning Trump’s loyalty to U.S."
.. here ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146244360

Raise Taxes on Rich to Reward True Job Creators: Nick Hanauer
By Nick Hanauer Dec 1, 2011 11:01 AM ET
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=69590223

all those are linked in .. conix, Consumers create jobs.
'This is going to end badly for everyone': Wealthy venture capitalist Nick
Hanauer is on a mission to fix the American economy before it's too late
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148631453

which is also linked in from this one ..

ForReal, conix, Consumers create jobs.
'This is going to end badly for everyone': Wealthy venture capitalist Nick
Hanauer is on a mission to fix the American economy before it's too late
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148651782
ALL those together earlier here ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149153367