Category Archives: Working Class Economist

Libertarian/Career Politician Paul Ryan Advocates “Do As I Say, Not As I Do” Economics

Ever since his announcement as Romney’s VP selection—–which I still maintain as a poor pick, as noted in last Saturday’s editorial about it—–Paul Ryan has been under increased scrutiny in the eyes of “moderates.” “Moderates” being another word for the people that have never heard of him, since Republicans, Democrats, and people that actually follow… Read More »

Working Class Economist: Republicans Keep Saying the Economy is Bad, So It Stays Bad

This will be a pretty straightforward WCE today as I think today’s issue is pretty straightforward. It’s just that so many Republicans, conservatives, and the corporate interests they serve have made it complicated. First, a quick economics refresher. Keynesian Economics: Whatever people think about the economy is how the economy winds up. If they think it’s strong,… Read More »

Working Class Economist: Scranton, Pennsylvania…the New Republican Dream and Everyone Else’s Nightmare

Scranton, Pennsylvania—-the notoriously dumpy/depressing rust belt armpit that is the setting of NBC’s The Office—-is now famous for an entirely different reason. They have become the first city in the country to slash 400 government employees pay down to minimum wage. [That’s 7.25 an hour, otherwise known as “a joke” for a working adult to be… Read More »