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Tag Archives: Economics

The Truth About the Economy

Income inequality is one of the main problems in our society.
(The other I think is political contributions from business and corporations.)
We will keep having social issues if we don’t solve this inequality.

Outline: The Truth About the Economy

  1. Economy doubles since 1980, but wages flat.
  2. All gains from the growth go to the super rich.
  3. With money comes political power and favors.
  4. Lower taxes for the rich result in huge deficits.
  5. Middle and lower classes are divided and are fighting for resources.
  6. Lower incomes > Lower buying power > Anemic recovery.

KKai / 008

Occupy 101 – The 7 Biggest Economic Lies – a lesson by Robert Reich

My first re-blog.
I think it contains important information particularly in this election when the media fail to call out lies and report facts. Original blog: Occupy 101 – The 7 Biggest Economic Lies – a lesson by Robert Reich.

KKai / 007

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