Economics


TERRIBLE GOP TAX PLAN

By Common Dreams Staff (11-21-17) (This article is licensed under Creative Commons.) Americans for Tax Fairness warns that the bill gives most of the tax cuts to the richest 1%, makes 82 million middle-class families pay more in taxes, and endangers funding for public services. Amid mounting efforts to block the Republican Party’s latest attempts to cut taxes for the nation’s corporations and wealthiest families, a new report out Tuesday details 13 “terrible things” about the most recent GOP tax bill put forth in the U.S. Senate. The analysis by ...

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WILL WISCONSIN SACRIFICE ITS SOUL EVEN MORE?

“My plan is for the working people”. He told journalist. “No, I don’t benefit”, and further added, I think there’s very little benefit for people of wealth.” Do you really believe the lies, lies, lies of the president? Number 1 thing to remember is that he gets so called intelligence briefings and reports in little bits and pieces. Tillerson called him an expletive moron and former general Mc Masters stated recently he has “a 12 second attention span of a kindergartner and is an idiot.” No one ever takes him to task on policy, because he doesn’t read ...

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PENSIONS MATTER FOR FIREFIGHTERS

Public employees across the country are under siege. Retirement security -- from firefighters to police officers to teachers, public employees rely on their pensions to provide a secure retirement. Here in Wisconsin, we are not immune to those attacks. State Senator Stroebel has proposed legislation that is completely unnecessary and irresponsible. The Wisconsin Retirement System (WRS) is well-funded, well-managed, and serves as a model for the rest of the country. At 100% funded, the fund provides public pensioners with an average of $23,430 per year from WRS.  While ...

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Mining Jobs Mirage

Last time I wrote about repealing Wisconsin's mining “prove it” law. I made reference to studies that show mining does not improve local economies. Here I provide the documentation for those assertions. Mining, like any business activity, can temporarily increase employment and thus help the local economy. But many studies say most mining does not build SUSTAINED PROSPERTY for local communities. Not by itself. This should be apparent if you think about it. Appalachia, with an economy dominated by coal mines, is famous for generational poverty. Many mining regions ...

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Bribe Games By the Number

“Politics: A strife of interests masquerading as a contest of principles. The conduct of public affairs for private advantage.” Ambrose Bierce Bribing companies to create jobs is not an effective way to promote economic development. It is not a comprehensive way to promote prosperity. The primary, and often only, result of business development tax incentives is simply reduced tax collections from the favored businesses. Everyone else pays for the incentives provided for the few. In Wisconsin the job creation numbers provide proof. Citizen Action of Wisconsin has ...

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A NEW ROLE FOR LABOR UNIONS

From The Commoner Call (10/30/17) A recent statement from the AFL-CIO regarding a rejection of NAFTA and other corporate/globalist trade agreements unfortunately only skims the surface of the issues working people face. We are missing a vision of where we are going as a nation. At root of the problem is a missing American vision of where we are going as a society. Our mythos is wrapped up in conquering the “wild” lands, inhabited by people we don’t respect or understand, whom we can push out of the way. Those days are over, but something really important is ...

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LIMITS OF POWER

By WIPPS What are the limits of power in our government? And how has the relationship between the Constitution, Congress and the presidency changed over time, especially in the 21st century? WIPPS and the Wisconsin Academy of Sciences, Arts and Letters will present a panel of experts who will address: Why presidents sometimes issue executive orders that fundamentally change public policy, while other times appear completely impotent to political action Where the limits of institutional power are considered unsettled If presidents have used executive orders ...

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FIFTY PER CENT DECLINE IN FARM INCOME……CHANGE NEEDED IN FARM BILL

Farm
By Darin Von Ruden, President, Wisconsin Farmers Union and a dairy farmer from Westby, Wisconsin. This Farm Bill is critically important. Here in Wisconsin, we’ve seen devastating dips in dairy and crop prices. The American farm economy is on the brink of a crisis. We need a drastic change in direction in the next Farm Bill. It may be time to focus less on how technology and exports are going to save the day and more on what can be done to address declining farm numbers, struggling rural communities, growing environmental concerns and the staggering anti-competi...

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GET MONEY OUT OF POLITICS

In the last five months, seven Door County communities have shown their support for an amendment to the U.S. Constitution that would get money out of politics and give citizens their voices back in our elections. The city of Sturgeon Bay, the towns of Baileys Harbor, Egg Harbor, Forestville and Liberty Grove along with the villages of Egg Harbor and Ephraim, all have unanimously approved resolutions backing an amendment to the U.S. Constitution that proclaims that corporations are not persons and money is not speech. They are part of a tremendous grassroots movement ...

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Bottom Up Economic Development

factory
My wife tells me I should be more positive with my articles. I should write more about good things that are happening. Being a cranky curmudgeon this is not easy to do. Plus the current political situation provides a continuous stream of great negative topics. The Foxconn giveaway in Wisconsin is an example. But economic development doesn't require huge tax expenditures to create jobs. There are other ways to create jobs and build economic security. There are many positive stories about local people across the country finding local solutions. These stories show alterna...

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