{"article":{"id":247969,"heading":"The Truth About "Class War" in America","author":"Richard Wolff","created":"2011-09-24 10:41:06","modified":"2011-09-27 21:30:21","last_modified":"Wed, 28 Sep 2011 04:30:21","article":"

\"In the 1950s and 1960s, tax rates on corporations and the rich were much, much higher than today. Yet, those years had lower unemployment and higher rates of investment and growth than today. Low tax rates on businesses and the rich do not create jobs.

Struggles over taxes always pit business and the rich against the middle-income earners and the poor. Each side seeks to shift the tax burden off of itself and on to the other side. \"Class war\" in that sense is nothing new. Accusing only one side of waging that war is ignorant at best and dishonest at worst. No one should be fooled. Today, business and the rich are waging class war yet again to avoid even a small, modest reverse in the huge tax cuts they won in that war over the last half-century.\"

to read Richard Wolff's article published Sept 22, 2011, visit

http:\/\/www.truth-out.org\/print\/6684<\/a>

to read \"The Costs of the Great War on Terror\" by Vijay Prashad published Sept 21, 2011, visit

http:\/\/www.counterpunch.org\/2011\/09\/21\/the-costs-of-the-great-war-on-terror\/<\/a><\/p>\n","contact":"mbatko@yahoo.com","link":"http:\/\/www.capitalismhitsthefan.com","address":"","phone":"","parent_id":0,"mime_type":"text\/plain","summary":"According to the myth, higher profits lead to greater investments and more jobs. In truth, higher profits lead to speculation in foreign currencies and corporations buying back their own stock. In the 50s and 60s when the top tax rate was 90%, job creation and growth occurred.","numcomment":2,"fileurl":"\/uploads\/","filesize":null,"article_url":"\/news\/2011\/09\/247969.php"},"attachments":[],"comments":[{"id":247991,"heading":"The Social Contract","article":"When the social contract is cancelled, we become wolves to each other. When jobs are not created, we become helpless spectators to exploding inequality, generalized insecurity, elite democracy and double-speak. If enough replaced more, we could live in a future-friendly society respectful of nature and future generations (cf. www.steadystate.org).\r\n\r\nHere's a link to Paul Krugman's article "Social Contract" published Sept 22, 2011:\r\n\r\nhttp:\/\/www.nytimes.com\/2011\/09\/23\/opinion\/krugman-the-social-contract.html?_r=2","author":"Paul Krugman","parent_id":247969,"mime_type":"text\/plain","created":"2011-09-25 13:14:33","modified":"2011-09-25 13:14:33","fileurl":""},{"id":248019,"heading":""Paul Krugman vs. Ron Paul and Friedrich Hayek"","article":"Paul Krugman vs. Ron Paul and Friedrich Hayek\r\nby Jeremy R. Hammond\r\nSeptember 17, 2011\r\n\r\n"Paul Krugman tried to slam Ron Paul in his most recent column by writing:\r\n\r\nBack in 1980, just as America was making its political turn to the right, Milton Friedman lent his voice to the change with the famous TV series \u201cFree to Choose.\u201d In episode after episode, the genial economist identified laissez-faire economics with personal choice and empowerment, an upbeat vision that would be echoed and amplified by Ronald Reagan.\r\n\r\nBut that was then. Today, \u201cfree to choose\u201d has become \u201cfree to die.\u201d\r\n\r\nhttp:\/\/www.foreignpolicyjournal.com\/2011\/09\/17\/paul-krugman-vs-ron-paul-and-friedrich-hayek\/","author":"marc","parent_id":247969,"mime_type":"text\/plain","created":"2011-09-27 21:30:21","modified":"2013-11-11 01:06:43","fileurl":""}]}