Archive for March 26th, 2013

Shocking News That No One Expected

No!  Really?

First and foremost, rich people care about the deficit. More than 85 percent of the survey participants said they considered the nation’s budget deficit to be a “very important” problem facing the country, the researchers found. In addition, nearly one-third of those surveyed said the budget deficit and too much government spending is the nation’s biggest issue.

That stands in contrast to the rest of the country, only 7 percent of which focused on the budget deficit, instead zeroing in on jobs and the economy, according to a 2011 CBS survey cited by the researchers.

“Why did policymakers focus so intently on the deficit issue?” Page and Bartels wrote in an op-ed in the Los Angeles Times. “One reason may be that the small minority that saw the deficit as the nation’s priority had more clout than the majority that didn’t.”

Rich Americans also have ideas about how to cut that deficit that differ from the less wealthy. Compared to others, the survey found the rich are more likely to want to cut government-subsidized health care and social welfare programs like Social Security. They’re also less supportive of initiatives that help the unemployed and raise the standard of living for low-wage workers than the rest of the country.

Wow, if it weren’t for this study, I would have had no idea that rich people have completely different priorities and far more political influence than everyone else.  Thanks, Science!

March 26th, 2013 at 11:25am Posted by Eli

Entry Filed under: Corruption/Cronyism,Economy,Politics,Wankers

Word Choice Question

So would it be more appropriate to say that Cyprus is strengthening its bank deposits, or that it’s reforming its bank deposits?

1 comment March 26th, 2013 at 07:04am Posted by Eli

Entry Filed under: Economy,Social Security,Wankers

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