Conservative economic theory ‘doesn’t work’

Pope leads fight against income inequality

Schultz: Reaganomics Failed - It's Time For Liberal Politics

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Reaganomics: 32 Years of Failed Policy

A Crash Course in Economics

The Reagan Revolution is an Utter Failure

Big Lie: America Doesn't Have #1 Richest Middle-Class in the World...We're Ranked 27th! | Alternet

Big Lie: America Doesn't Have #1 Richest Middle-Class in the World...We're Ranked 27th! | Alternet
"America is the richest country on Earth. We have the most millionaires, the most billionaires and our wealthiest citizens have garnered more of the planet's riches than any other group in the world. We even have hedge fund managers who make in one hour as much as the average family makes in 21 years!  

This opulence is supposed to trickle down to the rest of us, improving the lives of everyday Americans. At least that's what free-market cheerleaders repeatedly promise us. Unfortunately, it's a lie, one of the biggest ever perpetrated on the American people."

The Economic Elephant with Robert Reich

One of the Most Powerful Portrayals of What Has Happened to America That You WIll Ever See | Alternet

One of the Most Powerful Portrayals of What Has Happened to America That You WIll Ever See | Alternet
"We all know there is a huge gap between the rich and the poor in the United States, but this video visually captivates viewers by showing just how much of the country's wealth lies in the hands of the top 20 percent."

How to Know When to Tax and When to Spend

How to Know When to Tax and When to Spend
"Republicans want us to cut government spending in the middle of a business cycle downturn. Or, to use the person-with-a-job analogy again, Republicans want us to move out onto the street, become homeless, and stop eating food after we lose a job, rather than use our credit cards to help us survive and get by.

Ever since Reagan, and his "government can't solve problems" mentality, Republicans have either forgotten or just ignored these common-sense Econ 101 principles that have guided our nation for hundreds of years.

It's time to return to economic sanity and basic Econ 101 principles, and make sure that this Hoover-Reagan nonsense is debunked once and for all."

Middle Out Economics 101

Did the Flipping of the Reagan Revolution Begin Today?

Economic Plunder in Recent History » Counterpunch: Tells the Facts, Names the Names

Economic Plunder in Recent History » Counterpunch: Tells the Facts, Names the Names
"In the mid 1990s Republican New Jersey Governor Christine Todd Whitman re-directed contributions from the pension fund for state employees to the state general account while giving tax cuts to wealthy state residents. By purposely under-funding the pension plan Ms. Whitman was able to ‘balance’ the state budget while cutting taxes. And through pension accounting loopholes, the move provided the illusion the pension plan was adequately funded as massive deficits accrued.

Cut to 2011, current Republican New Jersey Governor Chris Christie and the New Jersey legislature pass bi-partisan pension ‘reform’ that ‘solves’ the systematic looting of the pension plan by cutting promised payouts to pensioners."

Meet the Grandfather of the Fiscal Cliff: He Works for ALEC | Alternet

Meet the Grandfather of the Fiscal Cliff: He Works for ALEC | Alternet
"Arthur Laffer, author of the discredited trickle-down economics of the Reagan administration, is back with a vengeance, selling his snake oil to state legislatures across the nation."

ALEC's Economic Policies Do More Harm Than Good, New Report Shows

ALEC's Economic Policies Do More Harm Than Good, New Report Shows
"ALEC's economic policies are largely the brainchild of the "father of supply-side economics," Arthur Laffer, promulgated with the release of the annual Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index (RSPS) report. The most recent (fifth) edition was published in July 2012. ALEC's and Laffer's recommendations to promote economic growth include the reduction or abolition of progressive taxes, fewer investments in education and other public services, a smaller social safety net, and weaker or non-existent unions."

Barack Obama Defeats Ronald Reagan: Economic 'Neoliberalism' Rejected By Voters | Alternet

Barack Obama Defeats Ronald Reagan: Economic 'Neoliberalism' Rejected By Voters | Alternet
"The real story of election 2012 isn't the coalition that re-elected Obama: It's the rejection of Reagan-era 'free-market' policies by the majority of Americans"

5 Ways Most Americans Are Blind to How Their Country Is Stacked for the Wealthy | Alternet

5 Ways Most Americans Are Blind to How Their Country Is Stacked for the Wealthy | Alternet
"Mitt Romney said he wasn't concerned about the very poor, because they have a safety net. This is typical of the widespread ignorance about inequality in our country. Struggling Americans want jobs, not handouts, and for the most part they've paid for their "safety net." The real problem is at the other end of the wealth gap. 
How many people know that out of 150 countries, we have the fourth-highest wealth disparity? Only Zimbabwe, Namibia and Switzerland are worse."

VIEWPOINT: Republicans Lost Because Voters Rejected Their Economic Vision

VIEWPOINT: Republicans Lost Because Voters Rejected Their Economic Vision: We’re now well into the political aftermath of the 2012 election, and the pattern of destruction is telling. In demographic after demographic, Obama defeated Romney by remarkable margins: 55 percent among women, 60 percent among voters under 30, 71 percent among Hispanic voters, and a stratospheric 93 percent among African-Americans. Rather than a fluke, the [...]/p

Numbers, Analysis Show 30 Years of Failed US Economic Policy | Common Dreams

Numbers, Analysis Show 30 Years of Failed US Economic Policy | Common Dreams
"Putting the Census numbers in the context of public policy in their new report, EPI explains how economic policies, including policymakers’ actions and failures to act, have continuously undercut the ability of workers to benefit from economic growth in the United States. Its primary findings include:"

In Tampa, Newt Gingrich, Scott Walker Plug Supply-Side Economics | Common Dreams

In Tampa, Newt Gingrich, Scott Walker Plug Supply-Side Economics | Common Dreams
"Wisconsin, along with the rest of the country, has experienced bad unemployment followed by a modest recovery. But during Walker's time in office, the state has hemorhaged jobs, leading the nation in job losses month after month. The recovery experienced by the rest of the nation, reflected in overall employment data, is significantly better than Wisconsin’s, which is a state that has historically had higher employment than most.

That's a clear warning sign about the Republican economic vision for America."