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Tag Archives: infrastructure spending
Pay the Toll
We have a tollbooth economy, where necessary components of modern life–education, healthcare, transportation and communication–have become prohibitively expensive, in the process erecting barriers to economic participation. A major feature of the tollbooth economy is the increasing weight of rentier activities … Continue reading
Posted in feral elite, neoliberalism, propaganda
Tagged DOGE, Donald Trump, Elon Musk, infrastructure spending, Simon Patten
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FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading
Posted in Uncategorized
Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Blood On Their Hands
Republicans who voted to cut funding to Amtrak in the wake of the fatal crash have blood on their hands. These types of train crashes happen because cuts to funding translate into cuts to maintenance, leading to accidents that kill … Continue reading
Dig it
Reading Bloomberg’s article about how the GOP, when it takes control of the Senate, should embrace infrastructure spending, made me laugh. Just the language, with its nod towards hippy vernacular, was priceless. “Dig, if you will, a picture: Republicans, basking … Continue reading
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