Originally posted on Truth11:
Sayer Ji, Contributor
What if 90% of the peer-reviewed clinical research, the holy grail of the conventional medical system, is exaggerated, or worse, completely false?
A seismic shift is occurring in the field of evidence-based medicine that a rare few are aware of, but which will (and likely already does) affect everyone, as the standard of medical care today largely follows from this model.
The very life’s blood of ‘evidence-based’ medicine — peer-reviewed and published clinical research results – which legitimizes the entire infrastructure and superstructure upon which conventional medical knowledge and practice is erected, has been revealed as mostly and patently false.
Case in point: in a 2005 essay, “Why Most Published Research Findings are False,” and which is the most downloaded document of all time on PLoS, the Public Library of Medicine’s peer-reviewed, open access journal, John P. A Ioannidis explains in detail how “It can be proven that most claimed research findings are false.” And that “for many current scientific fields, claimed research findings may often be simply accurate measures of the prevailing bias.”
The Atlantic published a piece on Ioannidis’ work, back in 2010, titled “Lies, Damned Lies, and Medical Science,” well worth reading, and which opened with “Much of what medical researchers conclude in their studies is misleading, exaggerated, or flat-out wrong. So why are doctors – to a striking extent – still drawing upon misinformation in their everyday practice?”
[Ioannidis] zoomed in on 49 of the most highly regarded research findings in medicine over the previous 13 years, as judged by the science community’s two standard measures: the papers had appeared in the journals most widely cited in research articles, and the 49 articles themselves were the most widely cited articles in these journals.
…Of the 49 articles, 45 claimed to have uncovered effective interventions. Thirty-four of these claims had been retested, and 14 of these, or 41 percent, had been convincingly shown to be wrong or significantly exaggerated. If between a third and a half of the most acclaimed research in medicine was proving untrustworthy, the scope and impact of the problem were undeniable.That article was published in the Journal of the American Medical Association.
Time magazine wrote about Ioannidis’ findings the same year with a piece titled “A Researcher’s Claim: 90% of Medical Research is Wrong” — the title of which speaks resoundingly for itself.
Keep in mind that the ‘gold standard’ of the multi-trillion dollar conventional, ‘evidence-based’ medical model is the very research that Ioannidis now says is mostly false. This model, which apparently thrives despite, or even because of, its falsity, largely determines what drugs are used, what surgical procedures employed, or conversely, what treatments can not be used, e.g. vitamins, spices, etc in disease prevention or treatment. It also shields those who practice this dominant and only truly legally-sanctioned form of medicine against the potential calamity of moral, criminal, and financial liabilities it is responsible for– that is, as long as the truth continues to remain buried.
How many folks, for instance, are aware that the Cochrane Database Review on preventing influenza in healthy children with flu vaccines shows that the evidence proving their safety and effectiveness in children under two (the population most susceptible to vaccine-induced injuries) is conspicuously lacking? Why would anyone question the rationality of vaccinating infants and young children against influenza when the CDC and FDA presents it as unequivocally safe and effective? As the review states:
It was surprising to find only one study of inactivated vaccine in children under two years, given current recommendations to vaccinate healthy children from six months of age in the USA, Canada, parts of Europe and Australia. If immunization in children is to be recommended as a public health policy, large-scale studies assessing important outcomes, and directly comparing vaccine types are urgently required.
Or, among the the tens of millions of Americans taking statin drugs for the primary or secondary prevention of cardiovascular disease, who among them realize that there are well over 300 adverse health effects documented in the scientific literature itself associated with the use of this chemical class of medications, including the weakening and damaging of the heart muscle?
Sadly, examples like these may be the rule and not the exception.
Evidence-based medicine (EBM), of course, is founded upon an epistemological power structure arranged hierarchally like a pyramid. The ‘quality of evidence’ determines whether or not something can be said to be true. On the lowest tier, the ‘base’ of this pyramid, is the Anecdote, considered worthless, encompassing many folk medical systems employing food and plant medicines and still used by the majority of the word as their primary care system, followed by: Cell Studies > Animal Studies > Human Studies > Clinical Trials > Meta-Analyses and Systematic Reviews of Clinical Trials.
This model assumes, in the characteristically Napoleonic style, that what it does not officially confirm as being true, is not true. Herbs and vitamins, for instance, are almost never considered to be “evidence-based” and credible because they have not run the gauntlet of prerequisite clinical trials required for them to be verified as therapeutic within this model. The fact that our bodies, for instance, require vitamin C in order to be alive, is not evidence enough to support the concept that it may be valuable to take it supplementally at doses beyond the recommended daily value (which may keep you only a few milligrams above starvation/deficiency values).
The fact is that human clinical trials can cost millions of dollars, and that in order to prove the value of a potential FDA-approved medicine, it must be taken through phase I, phase II and phase II clinical trials (which costs on average $804 million). The ‘gold standard’ of evidence-based medicine therefore betrays the aphorism: ”those who own the gold make the standard.” By principle, therefore, all natural substances, which do not lend themselves to being patented because they do not grant the manufacturer exclusivity, will never attain FDA approval as legitimate medicines.
While the conventional medical system can claim this is because they lack “evidence” for safety and effectiveness (despite the fact that Turmeric, for instance, has thousands of years of use by millions of folks as a food and medicine), the reality is that they only lack “evidence” because they cannot be effectively monetized and controlled as proprietary instruments of medical power.
Ultimately, Ioannadis’ findings reflect an inborn and potentially fatal error at the very heart of modern science itself: namely, a tendency towards scientism.
Scientism is the idea that natural science is the most authoritative worldview or aspect of human education, and that it is superior to all other interpretations of life. Furthermore, scientism accepts as real and valid only those things which it can confirm empirically; those things it does not or cannot confirm it is skeptical about, e.g. homeopathy, the existence of the soul, an innate intelligence in the body, or worse, outright denies as unscientific, or “quackery.”
For instance, a fundamental assumption of all scientific inquiry is that things are made of “real, hard objects,” i.e., the computer I am typing at is a conglomeration of atoms. But wait, quantum mechanics, which peers deeper into the illusion of materiality, revealed that what subtends the illusion of macroscopic things is a subatomic realm better described as comprised of fields of possibility, where particles can be at two places at once, or communicate faster than the speed of light (non-locality), etc, basically violating all the fundamental laws considered inviolable on our everyday level of macroscopic perception. So, in many ways, the deeper you take the scientific investigation, the less firm a footing you have on what really is real, and what you think you know.
Also, scientism – this false sense of certainty in knowing — leads inevitably to medical monotheism: the belief that there is only one true and right way to prevent and treat disease, and that all disbelievers are intrinsically inferior and treated as either uneducated, insane, or as heretics, to be prosecuted to the fullest extent of the law.
This is how we arrived at our present day pseudo-scientific medical dictatorship. I say pseudo-because insofar as science means an attempt to discern the truth without bias, it is a human faculty, a yearning of the soul, a constant challenge we must meet each and every moment we try to figure something out. Science is not a “brand,” a “possession,” an exclusive faculty of a caste of scientific elite, dispensed solely through monolithic institutions. It can not claim to deny anything and everything it does not explicitly confirm without being an organ and instrument of fascism, control, divisiveness and institutionalized and compulsory ignorance and myopathy.
Natural medicine, by principle, will never attain legitimacy within the present power structure. The money simply will not flow in the direction of uncovering, or simply confirming its time-tested, multi-culturally confirmed and often obvious power to heal with food and otherwise natural substances and interventions — that is, beyond the sizable body of preclinical research which we have gone to great lengths to collect and index for you onGreenmedinfo.com.
These limitations, however, are being overcome as we speak. The revelation that the ‘evidence-based’ monopoly on the truthTM is itself not based on evidence, in perhaps a majority of cases, has world historical implications. Perhaps we must go back to using our intuition, drawing from ancient dietary and natural medical practices to take back control of our health. Is the evidence of our first-hand experience any less valid than a Merck funded, multi-million dollar drug trial? It is simply a matter of whether we choose to stand firmly in, or loosely give away our power in exchange for the narcotic of blind faith in a higher, worldly power, the modern-day physician, i.e. the “priest of the body,” and associated scientific clergy.
This article first appeared at GreenMedInfo. Please visit to access their vast database of articles and the latest information in natural health.
…the US Constitution was essentially a coup; the delegates to what we now call the Constitutional Convention were not empowered to replace the existing government – only to improve upon the Articles of Confederation between the then-independent states. The framers of the Constitution drafted it with the notion of a national government already in place, but calmed fears of loss of state sovereignty by calling the new government the “United States of America” – a verbal sleight of hand that worked for over half a century. Then the southern states decided to exercise what these words imply, their right to leave the union… and as the government becomes more powerful, it’s completely predictable that everything – including the justice system – will become ever more politicized… As great as a US citizen’s risk is in the marketplace these days, the greatest single risk to their wealth and health is the government... via ZeroHedge
“To all you Liberals: If we were as scary as you think we are, you would all be dead by now. Some of us are scarier than you can imagine, and we are everywhere! We are inside your head! We are your worst nightmare. Be afraid! Be very afraid!” – Something Wicked Comes blog
“… It is force, or threat of it, which lies behind every stop sign, every building code, every ordinance, every law. By what right do people have to force their will on another man? Just so they can have “safety” and “order”? Those that would commit crimes against another still do, regardless. It is the peaceful man who is harmed by these laws, not the criminals. That is the greater tyranny…“ Mayberry at keepitsimplesurvival.wordpress.com. h/t Remus
Originally posted on Evil of indifference:
“What are the greatest dangers that the American people face today and impede the goal of a free society? There are five.
1. The continuous attack on our civil liberties which threatens the rule of law and our ability to resist the onrush of tyranny.
2. Violent anti-Americanism that has engulfed the world. Because the phenomenon of “blow-back” is not understood or denied, our foreign policy is destined to keep us involved in many wars that we have no business being in. National bankruptcy and a greater threat to our national security will result.
Originally posted on Mountain Republic:
Rise in “populist activism” a threat to “external control”
Paul Joseph Watson
During a recent speech in Poland, former US National Security Adviser Zbigniew Brzezinski warned fellow elitists that a worldwide “resistance” movement to “external control” driven by “populist activism” is threatening to derail the move towards a new world order.
Originally posted on Protective Concepts:
First off let me say there is a definite need for firearms in personal and third party security in certain environments and situations. I firmly support the right to keep and bear arms and also recognize their utility in many different scenarios. That said some people put too much confidence in their ability to use their weapon to protect themselves against a myriad of threats.
This over-reliance can cause them to downplay or ignore skills like situational awareness, avoidance, de-escalation, less than lethal weapons and unarmed combatives. There are good legal and ethical reasons for considering and training in skillsets across the use of force continuum. Obviously using a firearm is not the best response to every situation. Beyond that there are also good tactical reasons to use other options.
Consider the 21 foot rule. Originally presented by Dennis Tueller, a sergeant in the Salt Lake City, Utah Police Department in an article called “How Close is Too Close?” published in SWAT Magazine in 1983, the 21 foot rule posits that a police officer with his or her weapon holstered will not be able to respond in time to stop an attacker armed with a knife attacking from 21 feet or less distance. In other words someone with a knife can cover 21 feet (7 meters) of ground and attack the officer before he or she can draw their weapon and shoot the attacker.
Oh yes! Grey
Originally posted on YouViewed/Editorial:
Ralph at The Truth About Guns offers a review of the Springfield M1A along with a history of the development of this wonderful piece of battle hardware .
Originally posted on A Moral Outrage:
1. It’s unnecessary. In the months immediately following September 11 attacks in 2001, President George W. Bush initially resisted calls to create a new high-level bureaucracy that would be laid on top of current activities. He was right to recognize that coordinating existing agencies would have been smarter and better. Unfortunately, he caved in to pressure to create a massive new department.
2. It’s ineffective. To read the titles of Government Accountability Office (GAO) analyses of Homeland Security is to be reminded constantly that DHS is never quite on top of its game. Recent reports include “DHS Requires More Disciplined Investment Management to Help Meet Mission Needs,” “DHS Needs Better Project Information and Coordination Among Four Overlapping Grant Programs,” and “Agriculture Inspection Program Has Made Some Improvements, But Management Challenges Persist.”
3. It’s expensive. Last year, Homeland Security spent a whopping $60 billion, a figure that will doubtlessly increase in coming years. The construction of its new headquarters – the single-largest project ever undertaken by The General Services Administration – will cost at least $4 billion and is already years behind on schedule since breaking ground in 2009.
The Department of Homeland Security’s production of domestic intelligence has increased substantially over the last few years according to a brochure of “intelligence products” published last month by Cryptome. The 2012 DHS Intelligence Enterprise Product Line Brochure is “a standardized catalogue of intelligence reports and products that represent the full breadth” of the agency’s analytical capabilities. It provides descriptions of each type of product created by the DHS Intelligence Enterprise as well as the classification level and instructions on how DHS “customers” can obtain the products. Read more…
…Historically, government has frowned upon hoarding. In an economic collapse or disaster, that frown turns into a scowl in a flash. Anti-hoarding laws are passed or miscreants are arrested under frivolous laws like transporting gasoline in unapproved containers. Again, government criminalizes hoarders not merely in order to assert its control, but also to deflect blame from the policies and inefficiencies actually responsible for empty shelves. By stirring up public resentment toward those who own one more can of peas than their neighbors, politicians avoid the full and just brunt of the anger…
A business enterprise is solvent when its operations are supported by its after-tax cash flow. Should cash flow be temporarily insufficient, borrowing against accounts receivable is the classic remedy. With serial borrowing however, operations-plus-debt-service eventually becomes unsupportable by cash flow, real or anticipated. Creditors withdraw when they see this, it’s insolvency or near enough. The business closes, its assets are liquidated and the proceeds distributed among its creditors. This is what’s happening to the Read more…, aside from the liquidation part. Debt repudiation by inflation—watering down the currency—holds such comeuppance at bay, at least for a while.
Originally posted on Cummings America:
“Many people think of labor unions as organizations to benefit workers, and think of employers who are opposed to unions as just people who don’t want to pay their employees more money. But some employers have made it a point to pay their employees more than the union wages, just to keep them from joining a union.
Why would they do that, if it is just a question of not wanting to pay union wages? The Twinkies bankruptcy is a classic example of costs created by labor unions that are not confined to paychecks.
The work rules imposed in union contracts required the company that makes Twinkies, which also makes Wonder Bread, to deliver these two products to stores in separate trucks. Moreover, truck drivers were not allowed to load either of these products into their trucks. And the people who did load Twinkies into trucks were not allowed to load Wonder Bread, and vice versa.
Originally posted on Phoebe's Detention Room:
Judge rejects Hobby Lobby’s case against ObamaCare contraceptive coverage rule
Published November 19, 2012
OKLAHOMA CITY – A federal judge Monday rejected Hobby Lobby Stores Inc.’s request to block part of the federal health care overhaul that requires the arts and craft supply company to provide insurance coverage for the morning-after and week-after birth control pills.
In a 28-page ruling, U.S. District Judge Joe Heaton denied a request by Hobby Lobby to prevent the government from enforcing portions of the health care law mandating insurance coverage for contraceptives the company’s Christian owners consider objectionable.
The Oklahoma City-based company and a sister company, Mardel Inc., sued the government in September, claiming the mandate violates the owners’ religious beliefs. The owners contend the morning-after and week-after birth control pills are tantamount to abortion because they can prevent a fertilized egg from implanting in a woman’s womb. They also object to providing coverage for certain kinds of intrauterine devices.
At a hearing earlier this month, a government lawyer said the drugs do not cause abortions and that the U.S. has a compelling interest in mandating insurance coverage for them.
In his ruling denying Hobby Lobby’s request for an injunction, Heaton said that while churches and other religious organizations have been granted constitutional protection from the birth-control provisions, “Hobby Lobby and Mardel are not religious organizations.”
“Plaintiffs have not cited, and the court has not found, any case concluding that secular, for-profit corporations such as Hobby Lobby and Mardel have a constitutional right to the free exercise of religion,” the ruling said.
Heaton wrote that “the court is not unsympathetic” to the problems cited by Hobby Lobby and their owners, the Green family. He said the health care law’s expansion of employer obligations “results in concerns and issues not previously confronted by companies or their owners.”
“The question of whether the Greens can establish a free exercise constitutional violation by reason of restrictions or requirements imposed on general business corporations they own or control involves largely uncharted waters,” Heaton wrote.
Hobby Lobby’s attorney said the companies’ owners will appeal.
“Every American, including family business owners like the Greens, should be free to live and do business according to their religious beliefs,” Kyle Duncan, general counsel for the Becket Fund for Religious Liberty, said in a statement.
The morning-after pill works by preventing ovulation or fertilization. In medical terms, pregnancy begins when a fertilized egg attaches itself to the wall of the uterus. If taken within 72 hours of unprotected sex, it can reduce a woman’s chances of pregnancy by as much as 89 percent.
Critics of contraception say it is the equivalent of an abortion pill because it can prevent a fertilized egg from attaching to the uterus. The lawsuit also alleges that certain kinds of intrauterine devices can destroy an embryo by preventing it from implanting in a woman’s uterus.
Hobby Lobby is the largest business to file a lawsuit against the mandate.
Hobby Lobby calls itself a “biblically founded business” and is closed on Sundays. Founded in 1972, the company now operates more than 500 stores in 41 states and employs more than 13,000 full-time employees who are eligible for health insurance coverage. The company, which is self-insured, has said it will face a daily $1.3 million fine beginning Jan. 1 if it ignores the law.
“It is by God’s grace and provision that Hobby Lobby has endured,” said David Green, founder and CEO. “Therefore we seek to honor God by operating the company in a manner consistent with biblical principles.”
The Green family has said it has no moral objection to the use of other contraceptives and will continue covering them for its employees.
Originally posted on Be Sure You're RIGHT, Then Go Ahead:
“Who would have thought that it would fall to us, some of us in our so-called declining years (unless 60 is the new 40) to rescue the Republic? In our lifetimes, we have had the war in Vietnam, and the Reagan revival, and now we find the left has been tunneling under us all along. Last Tuesday, the platform we thought was solid collapsed as if its underpinnings had been eaten by termites, which they had.” — Greg Richards via The American Thinker
It didn’t take long, did it? The next four years of misrule by Hussein Obama have yet to begin and already Israel is under attack, unions have killed off the once indestructible Twinkie, and tens of thousands of American workers who miraculously still hold jobs are facing cutbacks and layoffs due to the looming implementation of Obamacare. Forward!
Originally posted on Voting American:
After the Japanese decimated our fleet in Pearl Harbor Dec 7, 1941, They could have sent their troop ships and carriers directly to California To finish what they started. The prediction from our Chief of Staff was we would not be able to stop a
Massive invasion until they reached the Mississippi River. So, why did they not invade? After the war, the remaining Japanese generals and admirals were asked that question. Their answer……They know that almost every home had guns and the Americans knew how to use them..
The world’s largest army…. America’s hunters! I had never thought about this….A blogger added up the deer license sales in just a handful of states and Arrived at a striking conclusion:
There were over 600,000 hunters this season in the state of Wisconsin .. Allow me to restate that number. Over the last several months, Wisconsin ‘s hunters became the eighth Largest army in the world. More men under arms than in Iran .. More than in France and Germany combined. These men deployed to the woods of a single American state to hunt With firearms, and no one was killed. That number pales in comparison to the 750,000 who hunted the woods of Pennsylvania and Michigan’s 700,000 hunters All of whom have now returned home. Toss in a quarter million hunters in West Virginia and it literally Establishes the fact that the hunters of those four states alone Would comprise the largest army in the world.
America will forever be safe from foreign invasion with that kind of home-grown firepower. Hunting — it’s not just a way to fill the freezer. It’s a matter of national security.
That’s why all enemies, foreign and domestic, including the Obama White House want to see US Disarmed
Originally posted on I'm training for life:
One thing we are always reminded at any of the B.T.S. courses I attend, is to always Trust your Instinct and Intuition. I am recommending two books by Gavin De Becker that were recommended to me through my colleagues in PDR / S.P.E.A.R. These books are very significant to everyone, no matter what your background.
“The Gift Of Fear”
I have only good things to say about this book. I have read it over and over again. Gavin De Becker is renowned in the U.S.A. as the leading expert on violent behaviour. His clients include Hollywood stars and Government agencies.
…The rise of the Islam Party comes amid a burgeoning Muslim population in the Belgian capital. Muslims now make up one-quarter of the population of Brussels, according to a book recently published by the Catholic University of Leuven, the top Dutch-language university in Belgium.
In real terms, the number of Muslims in Brussels — where half of the number of Muslims in Belgium currently live — has reached 300,000, which means that the self-styled “Capital of Europe” is now the most Islamic city in Europe... via Gatestone Institute.
GE Note: I have heard this meme (birth certificates as proxy certificate for collateralized chattel) for many years and, frankly, do not follow it closely. It is worth considering, worth investigating further… please comment back if know or believe one way or the other. GE.
Uploaded on Oct 17, 2010
Here’s where the treason and subversion begins. At our innocent birth. We are ALL born into slavery. I don’t care if you’re Bill Gates, or the corner bum. If you were registered at birth and were given a birth certificate- you are human chattel to whatever state you were born, and to the UNited States, Inc. Read more…
Originally posted on Reinke Faces Life:
Retirement Plan Shift Is Creating a Generation of Workers Unable to Retire
CBS MoneyWatchBy Steve Vernon | CBS MoneyWatch – Fri, Nov 9, 2012 3:55 PM EST
*** begin quote ***
… I’ve spent days analyzing the bill… and frankly, it’s a joke. You can read the 200+ pages yourself if you like, but here are the important points–
As we’ve discussed before, US government spending falls into three categories.
1. Discretionary spending is what we normally think of as ‘government.’ It funds everything from the military to Homeland Security to the national parks.
2. Mandatory spending covers all the major entitlement programs like Social Security and Medicare.
Then there’s (3.) interest on the debt, which is so large they had to make it a special category.
The latter two categories are spent automatically, just like your mortgage payment that gets sucked out of the bank account before you have a chance to spend it. The only thing Congress has a say over is Discretionary Spending. Hence the name.
But here’s the problem– the US fiscal situation is so untenable that the government fails to collect enough tax revenue to cover mandatory spending and debt interest. In Fiscal Year 2011, for example, the US government spent $176 billion MORE on debt interest and mandatory spending than they generated in tax revenue.
In Fiscal Year 2012, which just ended 6 weeks ago, that shortfall increased to $251 billion. This means that they could cut the ENTIRE discretionary budget and still be in the hole by $251 billion.
This is why the Fiscal Cliff is irrelevant. The automatic cuts that are going to take place don’t even begin to address the actual problem; they’re cutting $110 billion from the discretionary budget… yet only $16.9 billion from the mandatory budget.
Given that the entire problem is with mandatory spending, slashing the discretionary budget is pointless. It’s as if the US economy is a speeding train heading towards a ravine at 200 mph, and the conductors are arguing about whether they should slow down to 150 or 175.
Oh, and there’s just one more problem… go here
In an apparent effort to cover up a potential scandal, the Department of Homeland Security (DHS) has for months refused to provide congressional leaders with records related to a failed program that was quietly nixed after the agency blew $1 billion on it.
The faulty “life-saving” technology, known as BioWatch, was supposed to detect biological attacks. However, it’s never come close to meeting its goal of accurately detecting pathogens that cause anthrax, tularemia, smallpox, plague and other deadly diseases. Instead it is well known for false alarms and other glitches. In short, it’s turned out to be a worthless money pit for U.S. taxpayers… via Judicial Watch.
It’s all here: New World Order, Tesla, Icke, Griffen, Rothschilds, Monsanto, aliens, UFO, illuminati, RFID, FEMA camps,The Fed, the elite … A little rambling, a little unfocused, but worth a watch and your consideration… especially for the newly awoken. GE.
By Nick Allen(Telegraph.co.uk) – Owners of guns have been stocking up because they are concerned about a potential tightening of regulations on assault weapons in the president’s second term.
In October the number of background checks on people applying to buy guns, an indicator of future sales, increased by 18.4 per cent.
Originally posted on Libertarian Hippie:
Gun-control advocates commonly say they just want “sensible gun laws” that will “keep guns out of the wrong hands.” Yet none of their ideas ever work. That’s not just hyperbole: an intensive study of U.S. gun-control laws by the Centers for Disease Control found that they had done nothing — zip, zero, nada — to reduce crime.
That doesn’t stop the gun-control crowd from pushing for more gun laws — usually right after some tragic and highly publicized event involving a deranged shooter. They will walk over dead bodies to push their agenda.
Originally posted on YouViewed/Editorial:
” One of the most dangerous myths that has infected the current debate over the direction of tax policy is the oft repeated claim that the tax increases under President Bill Clinton led to the boom of the 1990s. In their Wall Street Journal Op-Ed last Friday, for example, Clinton campaign manager James Carville and Democratic pollster and Clinton advisor Stanley Greenberg write the increase in the top tax rate to 39.6% “produced the one period of shared prosperity in this past era (since 1980).”
While this myth is now a central part of liberal Democratic folklore, it is contradicted by the political disaster and poor economic results that followed the tax increase. The real lesson of the Clinton Presidency is the way back to prosperity lies not through increased taxes on “the rich,” but through tax and regulatory reform and a return to a rules based monetary policy that produces a strong and stable dollar.
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes.
If these tax increases were good for the middle class, then they should have been popular. Yet, in the 1994 elections, the Democratic Party suffered historic losses. “
WASHINGTON — The nation’s high unemployment rate captures the headlines with each monthly jobs report, yet many Americans may be surprised to learn that real earnings, when adjusted for inflation, have declined across most industries and sectors since the Great Recession. Since 2002, in fact, it’s effectively been a lost decade for workers.
Equally troubling, real wages are now about the same level as they were in December 2005. Put another way, wages have clawed back from the Great Recession only to the level of seven years ago…