Author Archives: carl

We understand the need for doctors, drugs, and hospitals; but what do insurance companies do for healthcare?  We are the only nation on earth that allows a profit on people getting sick. You may say they put pressure on hospitals, … Continue reading →

The day after Republican Scott Brown was elected, he wrongly said, “There has not been one job created by the $700 billion Obama stimulus.” That is blatantly false. First of all, the Republicans seem not to even know what the … Continue reading →

Corporations pay $280 billion in federal taxes. That is 2 percent of our GDP.  For 50 years, we have belonged to the Organization for Economic Co-operation and Development (OECD). It is composed of 34 of the world’s industrial powers. OECD … Continue reading →

Republican Paul Ryan acknowledges in his budget plan “Path to Prosperity”, tax revenue has historically been 19 percent of GDP. The Bush tax cuts have led to three years of revenue under 15 percent.  This means about one third of the … Continue reading →

Obama’s cuts will have no effect on the care of seniors. Here is the real truth about his cuts: Drug companies have agreed to $80 billion a year to help seniors cover the doughnut hole in Medicare Part D George Bush … Continue reading →

In the Carter Administration, the upper 1 percent had only 8 percent of all income; they now have 24 percent.  Over 80 percent of the economic growth gained in the past 30 years has gone to the upper 1 percent.  … Continue reading →

The latest international test given was the PISA test given by OCED (Organization for Economic CO-operation and Development)  to 15 year olds in 55 different countries.  The USA finshed tied for 32nd. Here were some of the reasons for our poor performance: … Continue reading →

It used to be the James S. McDonnell’s, Edward Monsanto Queeny’s, and Auggie Busch’s would take profits and create jobs by reinvesting in plants and personnel here in St. Louis. They did this while only taking a modest income for … Continue reading →

When Ronald Reagan came to office, the national debt stood at $1 trillion.  With his election came the tragedy of  ‘supply side’ economics; this philosophy was, if you cut taxes (especially for the rich), the economy will grow; and in … Continue reading →