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Monthly Archives: September 2014
The Poverty and Inequality Party
Between 2001 and 2008 it was impossible to discuss economic issues with a liberal without getting a stentorious sermon about the evils of the “Bush tax cuts for the rich” and the resulting surge in income inequality. Now the Bush … Continue reading
Gross-Out: End of an Era
The news flash crossed the wires at 8.29 AM. CNBC’s Becky Quick was astounded. Bloomberg’s Tom Keene was stunned. They had to double-check that the William H. Gross joining Janus Funds was indeed THE William H. Gross, bond king, whom … Continue reading
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Tagged Bill Gross, bond market, John Train, media, stock market, stock market cycles
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Federal Reserve: Main Street Small Business Has Struggled Under Obama
President Obama likes to say the U.S. economy performs best when it grows “from the middle out.” Unfortunately an exhaustive Federal Reserve study shows middle class entrepreneurs have struggled during this recovery, even as big business thrived. Every three years … Continue reading
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New York State Needs a War on Poverty
A few months ago Arthur Levitt–Bloomberg groupie, former SEC Chairman, and quintessential Wall Street liberal—interviewed Grover Norquist, anti-tax activist and bête noire of Wall Street liberals. At the end of the interview Levitt asked “Grover, do you think it is … Continue reading
Posted in Uncategorized
Tagged Andrew Cuomo, casino gambling, economic development, fracking, inequality, New York State, War on Poverty
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