Condi’s New “Civil Rights Struggle” – Education

Condoleezza Rice spoke at the Republican National Convention tonight, and one statement really resonated with me: “…kids – most often minorities -- are trapped in failing neighborhood schools. This is the civil rights struggle of our day.“  The civil rights struggle of our day.  If you don’t believe this to be true, I would invite you to think about it for a moment.  In fact, I would contend that K-12 education holds the keys to not only greater racial parity but income mobility in general (which is such a hot topic of late). Continue reading

What were the “Bush Tax Cuts”?

My last post tangentially referenced the debate over the extension of the “Bush Tax Cuts”, and there has been one thing bugging me since those tax cuts were adopted: the perception that the cuts were for the wealthy only.  In fact, they are often referenced as “the Bush Tax Cuts for the Wealthy”.  The cuts were enacted in 2001 and 2003.  Taking a look at the data from before and after they took affect may give us some idea of their actual effect on the payment structure. Continue reading

The Jersey Shore Effect

One change in American society that has puzzled me lately is the incredible shift that has taken place in how the rich are viewed.  There is such a considerable amount of hatred for the rich these days whereas we used to envy, respect, or hate the rich on the merits of their wealth.  Sure, there have always been some unscrupulous wealthy, but those that earned their way to the top weren’t lumped in with them.  If you earned your money, it was yours.  I’m sure that there are many factors that contribute to this shift, but I have a theory that one large contributing factors is what I like to call The Jersey Shore Effect which I’ll explain herein. Continue reading