Powell, Pesci Substack The Journal Inquirer (JI), one of the last independent newspapers in Connecticut, is now a part of the Hearst Media chain. Hearst has been growing by leaps and bounds in the state during the last decade. At the same time, many newspapers in Connecticut have shrunk in size, the result, some people seem to think, of ad revenue smaller newspapers have lost to internet sites and a declining newspaper reading public. Surviving papers are now seeking to recover the lost revenue by erecting “pay walls.” Like most besieged businesses, newspapers also are attempting to recoup lost revenue through staff reductions, reductions in the size of the product – both candy bars and newspapers are much smaller than they had been in the past – and sell-offs to larger chains that operate according to the social Darwinian principles of monopolistic “red in tooth and claw” giant corporations. The first principle of the successful mega-firm is: Buy out your predator before he swallows
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Unfortunately they jacked up taxes just as they were starting to work and sent them back into recession again. Also Japan did the infrastructure thing with no success.
Also the info-dude did not give George Bush credit for his tax cuts. True, Bush did spend to much but he also cut taxes and that helped the economy. We would still be in good shape if not for the credit crunch and oil price spike.
We have a built in tax increase coming in 2010. It will be interesting to see what the liberals do.
What I will do is write my senators and congressman about this so called tax cut for people who don’t even pay taxes of which many don’t work at all I take it. That really makes me mad.
Call welfare welfare. Tax cuts are for people who actually pay taxes!
They paint him as a supply sider when in fact he did all the same things Roosevelt did. He got blamed for it merely because he was caught holding the bag.