Monthly Archives: July 2014

THE BIGGEST LOSERS IN DETROIT’S BANKRUPTCY

ABSTRACT: The biggest losers in Detroit’s bankruptcy appear to be school children, current and former city employees, and poor residents. The emergency plan for Detroit’s public schools calls for increasing class sizes from 38 to 43 students in grades 6 – 12. Spending on classroom instruction has been cut 19% (falling from 58% of the […]

DEMOCRATIZING CAMPAIGN FINANCING

ABSTRACT: We need to change our system of financing political campaigns. Candidates need to be able to run viable campaigns based on the financial support of average voters, and without the support of the small number of wealthy donors who dominate current campaign funding. Many people who would make great elected representatives don’t even run […]

POLITICAL MONEY AND INFLUENCE OF THE WEALTHY GROWS AND GROWS

ABSTRACT: The political money and influence of the wealthy grows and grows. Wealthy donors making large contributions of up to $2,600 directly to Congressional candidates’ campaigns represent the great majority of candidates’ funding. There had been an overall limit of $123,200 on the grand total any individual could contribute in a two-year federal election cycle. […]

INEQUALITY IS NOT INEVITABLE

ABSTRACT: “Inequality is not inevitable” is the title of a recent piece in the New York Times by Joseph Stiglitz. Our current levels of inequality – and the undermining of the middle class – are the result of policies and politics, not a fundamental feature of capitalism. One example is the recent bailout of the […]

CAUSE FAILURE, BLAME GOVERNMENT

ABSTRACT: Government agencies perform many necessary and important functions. However, inadequate funding results in ineffective agencies. But the fault doesn’t lie with the government agencies; it lies with those who make the funding decisions. A classic strategy of the small government ideologues is to cause government agencies to be ineffective by underfunding them and then […]