Daily Clips: September 14th, 2016

And now, a case of really bad Republican timing: Here is an excellent article on the failed economics of Paul Ryan and his #BetterWay crew. What is best about this piece, however, is how the author neatly defines the GOP’s economic agenda:

[Ryan’s] “Better Way” agenda — [is] basically tax cuts for the rich, spending cuts for the poor and deregulation for big business…

That sure sounds a lot like our definition of trickle-down economics as tax cuts for the rich, deregulation for the powerful, and wage suppression for the 99%.

NRA ad against background checks in Maine completely misses the mark: Wow, this ad is bad. Not only does it depict the San Francisco skyline (while claiming it is New York), they also employ some voice actor to do a Maine accent…that doesn’t sound anything like a Mainer.

Our own Paul Constant (who grew up in Maine) gave his own take on the entire kerfuffle.

Economic expansion is finally benefiting the middle class:

The 5.6 percent rise in median household income from 2010 to 2015 is a great deal better than in the mid-2000s expansion and somewhat worse than in the mid-1990s recovery. Using inflation-adjusted average hourly earnings for nonsupervisory workers, the mid-1990s and current expansion are about the same, compared with no gain in the mid-2000s. Both the poorest and richest Americans did better in the 1990s but worse in the mid-2000s.

Tweet of the day:



Nick Cassella

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