Login

What if US income distribution were ‘normal’?

I was just doing a little math: the “median” income in the US is about $46,000 per year, but the “mean” is about $63,000. This, of course, means that the distribution is not at all normal, but skewed. I’ve seen it referred to as an “L-curve,” in fact. (the far right [...] [...]

Why Cities are ‘Socialist’ and Farms Aren’t

With all the hew and cry regarding “socialism” in current American politics, I think it’s important to clarify a basic understanding of what the word actually means. The obvious and widespread tremendous misunderstanding of the word might help us understand how it is that people are dumbfounded by the basic logic of what’s “right” and [...] [...]

Boycott Dollar General? Yeahbut….

I think it’s important to clarify a few things regarding our efforts to draw attention to the virtual enslavement of large portions of the US population, coupled with unmitigated corporate greed and hypocrisy. This blog, of course, has a libertarian slant. And the idea of boycotting Dollar General for operating on a family [...] [...]

How we know that tax cuts for the rich won’t create jobs

The Huffington Post reported today some figures released earlier this month by the Social Security Administration but not reported by a single news outlet or blog until today’s Tax.com commentary by Pulitzer Prize-winning journalist David Cay Johnston: 1 in 34 Americans who earned wages in 2008 earned nothing in 2009. Mean, median, and [...] [...]

Lies about Work and Wages and Social Security

If the poverty guideline for a family of four in 1980 were adjusted using the CPI, in 2008 that level would be 21,996. In fact, it’s $17,163, so you have to be 22% poorer to be “impoverished” and yet, in spite of the expansion during the 1980s and 1990s brought on by the neo-liberalism and [...] [...]