Posts Tagged asher edelman
the trickle-down theory and why it will not work
Once again, our friend Asher Edelman has come out with a response to the current bailout plan. In no uncertain terms, he refutes the idea that the trickle-down economic policy will work in this case (or in any case in this country’s economic history). We are inclined to agree. Read on… (more…)
Add comment December 18, 2008
the power of a bailout?!
This is a repost from a friend, Asher Edelman, who has particular insight into the economy. We agree with him that the economy will not be helped by propping up failing financial institutions without making them responsible for their failings, and without helping the people who are being harmed. A strong economy is dependent on a vibrant middle class — and that middle class is the group most beset by the current financial crisis. Please feel free to pass along Mr. Edelman’s insights to whomever expresses an interest, and to those who may actually have some influence over the current flailing going on at the high levels where these decisions are being made
Add comment November 24, 2008
