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In 1913, Henry Ford wrote the following as the directors had been reaping the rewards of profits - "The wages we pay are too small in comparison with our profits. I think we should raise our minimum pay rate".

Wednesday, May 25, 2011

The People's Budget

Just throwing this out there to get more people aware of the fact that there is a good alternative to the Ryan "Throw Grandma Under the Bus" plan.

http://cpc.grijalva.house.gov/index.cfm?sectionid=70


Paul Krugman
“genuinely courageous”
“achieves this without dismantling the legacy of the New Deal”
Dean Baker
"if you want a serious effort to balance the budget, here it is."
Jeffrey Sachs
“A bolt of hope…humane, responsible, and most of all sensible”
The Economist
“Courageous”
“Mr Ryan's plan adds (by its own claims) $6 trillion to the national debt over the next decade, but promises to balance the budget by sometime in the 2030s by cutting programmes for the poor and the elderly. The Progressive Caucus's plan would (by its own claims) balance the budget by 2021 by cutting defence spending and raising taxes, mainly on rich people.”

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