Daily Archives: 07 July 7, 2011

Taxes are low and corporate profits are high, but nothing is trickling down to the American worker

The theory of supply-side economics tells us that if you cut taxes on rich people and corporations, the newly liberated moguls and businessmen will take their windfall and invest it, creating jobs and accelerating the rate of economic growth. The … Continue reading

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Strike up the band! House votes to restore money

WASHINGTON — So much for the refrain about cutting spending. Lawmakers changed their tune on the military band budget. By voice vote Wednesday, the Republican-controlled House restored $120 million for the armed services’ 100-plus military bands — money that budget-conscious … Continue reading

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