Why corporate taxes should not increase but personal income tax rates should be more steeply progressive than the Biden 2020 campaign proposal

U.S. progressives call for higher corporate and personal taxes. Conservatives want no tax increases. There are practical, overlooked arguments for a different scenario that can stimulate manufacturing and industry by keeping current corporate rates while steeply increasing high-level personal income taxes. The Biden campaign proposes to increase corporate taxes to 28%. Though below pre-Trump administration […]

IS DONALD TRUMP’s “IGNORANCE” A PLOY?

A Google query on the phrase “Trump is Ignorant”* brings up more than 17 million hits. I suggest that this thinking is victim to a successful ploy. The book, Trump Never Give Up  (Trump & McIver 2008, p 167 ) states:  “Remember, it takes a lot of smarts to play dumb. Keep them off balance. […]

Why Joe Biden Will Choose Stacey Abrams As a Running Mate in the 2020 presidential election

I wish the old phrase “I’ll bet a dollar to a doughnut” wasn’t so outdated, because that’s how I’d like to end this blog. It offers reasons why presumptive Democratic nominee for president, Joe Biden, will probably pick black Georgia legislator, Stacey Abrams as his vice-presidential candidate for the 2020 election. The doughnut phrase harks […]

IT’S A CRAZY COUNTRY

U.S. leftists have deep suspicion about anything related to market methods; U.S. conservatives have little trust in government. The Europeans don’t have the U.S.’s manic creativity but value cooperation in their societies. That’s why European nations are world leaders in global climate change policy while the U.S. has become an international black sheep.  Among Democratic […]

A Review of Trade Books That Warned of the 2008 Real Estate and Financial Meltdown

On October 23, 2008 former Federal Reserve Board Chairman, Alan Greenspan, arguably the most respected financial expert in the U.S., testified grim-faced in a Congressional hearing that the banking crash had taken him by surprise: