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Tuesday, July 10, 2012

Tuesday Evening's Reality Check

We've all heard it so many times the words have practically lost meaning: small businesses are the source of most new jobs, entrepreneurship is the secret sauce that makes America special, "creative destruction" and economic dynamism require a constant flow of new business start-ups, most of them very small. Republicans in particular like to justify all their attacks on big government as attacks on small business, as though Fortune 500 companies and their executives and shareholders don't matter to them at all.    Read more

After all, realistically speaking very few rich people start their own businesses; more often than not small businesses are started by people who cannot find anyone who will hire them. This is why it is a myth to call the 1% the job creators. After all, they are not, what we need are strong Unions and a strong Middle Class. After all, one person's employee are other people's customers. The less money the Middle Class has to spend the fewer employees other businesses need to hire, which becomes a vicious cycle.
By now, we've all heard about the growing disparity between rich and poor — and most of us have felt the effects. This chart, posted by Colin Gordon of the Economic Policy Institute, shows how income inequality corresponds to the rise and fall of union membership.

"One hallmark of the first 30 years after World War II was the 'countervailing power' of labor unions (not just at the bargaining table but in local, state, and national politics) and their ability to raise wages and working standards for members and non-members alike.... Into the early 1970s, both median compensation and labor productivity roughly doubled. Labor unions both sustained prosperity, and ensured that it was shared...    Read more

It’s Time for a Conversation, Climate Change Deniers

June 2011 to June 2012 was the hottest 12-month period ever recorded in the mainland United States, according to the National Oceanic and Atmospheric Administration. The report from the National Climatic Data Center does not even include early July’s scorching temperatures that broke more than 2,000 individual heat records across the nation. The heat wave resulted in the deaths of 22 people and left millions without power for days.
Climate change skeptics like George Will wrote the heat wave off to “summer,” but atmospheric scientists around the globe agree that we are approaching or have already passed a tipping point on the environment. The governments of the world failed to take any action at the Rio+20 summit in June, and last week was a taste of what Americans can expect if our leaders continue to fail to address climate change. In other parts of the world, the consequences of inaction will be more severe: Famines, droughts, hurricanes, rising seas and extreme temperatures are just a selection of what we can look forward to. The only chance we have at staving off global catastrophe is taking swift, cohesive action. The future is in our hands. —CNN . . . .Read More!
Global Climate Change is for real, which is a fact that we all must face in order to save ourselves.
 After all, the environment and politics and the economy all have one thing in common they are all issues that we all need to be well-informed about or else we all suffer the consequences.