{"id":24275,"date":"2011-12-06T11:09:11","date_gmt":"2011-12-06T18:09:11","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2011\/12\/06\/we-cannot-cut-our-way-to-greatness.html"},"modified":"2011-12-07T14:51:49","modified_gmt":"2011-12-07T21:51:49","slug":"we-cannot-cut-our-way-to-greatness","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/06\/we-cannot-cut-our-way-to-greatness.html","title":{"rendered":"&quot;We Cannot Cut Our Way to Greatness&quot;"},"content":{"rendered":"<p>Morgan Stanley Chief Financial Officer Ruth Porat, among others, seems to get it.  Increasing income inequality and historically low top tax brackets aren&#39;t helpful, and using the mantra of no tax increases to cut public spending is counterproductive. #ddtb<\/p>\n<p style='clear:both;'>\n<p style='margin-bottom:5px;'><strong>Embedded Link<\/strong><\/p>\n<div style='height:120px;width:120px;overflow:hidden;float:left;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img style='max-width:none;' src='http:\/\/images0-focus-opensocial.googleusercontent.com\/gadgets\/proxy?container=focus&#038;gadget=a&#038;resize_h=100&#038;url=http%3A%2F%2Fthinkprogress.org%2Fwp-content%2Fuploads%2F2011%2F12%2Fporat.jpg' border='0' \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href='http:\/\/thinkprogress.org\/economy\/2011\/12\/05\/382162\/morgan-stanley-executive-higher-taxes-rich\/'>Morgan Stanley Executive Calls For Higher Taxes On The Rich: \u2018We Cannot Cut Our Way To Greatness\u2019<\/a><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\tSeveral wealthy bankers, investors, and entrepreneurs have called for higher taxes on the rich as an important part of reducing the nation\u2019s deficit, led most prominently by Warren Buffett. \u201cIt is mat&#8230;\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p style='clear:both;'>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley Chief Financial Officer Ruth Porat, among others, seems to get it. Increasing income inequality and historically low top tax brackets aren&#39;t helpful, and using the mantra of no tax increases to cut public spending is counterproductive. #ddtb Embedded Link Morgan Stanley Executive Calls For Higher Taxes On The Rich: \u2018We Cannot Cut Our &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2011\/12\/06\/we-cannot-cut-our-way-to-greatness.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;&quot;We Cannot Cut Our Way to Greatness&quot;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,77,9],"tags":[107],"class_list":["post-24275","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economy","category-politics-law","tag-ddtb"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":26333,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/11\/investment-bankers-beg-for-cheese-to-go-with-their-whine.html","url_meta":{"origin":24275,"position":0},"title":"Investment bankers beg for cheese to go with their whine","author":"***Dave","date":"Sat 11-Feb-12 10:38pm","format":false,"excerpt":"Preferably an expensive cheese, like their girlfriends like. After all, when Morgan Stanley bonuses this year were capped at $150K ... well, insanity ensued.'\"After tax, that\u2019s like, what, $75,000?\" an investment banker at a rival firm said as he contemplated Morgan Stanley\u2019s decision. He ran the numbers, modeling the implications.\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153528,"url":"https:\/\/hill-kleerup.org\/blog\/2021\/03\/07\/still-chatty-after-all-these-years.html","url_meta":{"origin":24275,"position":1},"title":"Still chatty after all these years","author":"***Dave","date":"Sun 7-Mar-21 12:30am","format":false,"excerpt":"The Stupid Evil Podcast is ... well, it was fun.","rel":"","context":"In &quot;DDtB-SEB Podcasts&quot;","block_context":{"text":"DDtB-SEB Podcasts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/podcasts\/ddtb-seb-podcasts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2021\/03\/still-chatty-after-all-these-years-f7WYuWsxxqQ.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":136275,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/05\/06\/and-lo-there-shall-come-another-seb-podcast.html","url_meta":{"origin":24275,"position":2},"title":"And, lo, there shall come another SEB Podcast!","author":"***Dave","date":"Sun 6-May-18 2:56pm","format":false,"excerpt":"It's been an astonishing three years since +Les Jenkins and I did one of his Stupid Evil Bastard podcasts (the biggest takeaway from which was that it had been three years since we previously did it, and that was clearly way, way too long). Anyway, if you've ever wanted to\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/les-jenkins.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":127704,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/08\/25\/happy-blogaversary-to-me.html","url_meta":{"origin":24275,"position":3},"title":"Happy Blogaversary to Me","author":"***Dave","date":"Tue 25-Aug-15 7:03am","format":false,"excerpt":"My blog is fourteen years old today. \u00a0Well, yesterday, actually. It was kind of a busy day. I started my blog, alas, after the birth of my daughter (who was a year and a half old then), but just in time (also alas) for 9\/11. And it's been running long\u2026","rel":"","context":"In &quot;Blogging &amp; Internet&quot;","block_context":{"text":"Blogging &amp; Internet","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2015\/08\/keep-calm-and-blog-on.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":26011,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/03\/pity-our-poor-oppressed-marxist-persecuted-corporations.html","url_meta":{"origin":24275,"position":4},"title":"Pity our poor, oppressed, Marxist-persecuted corporations","author":"***Dave","date":"Fri 3-Feb-12 6:07pm","format":false,"excerpt":"So ...1. Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.2. Corporate profits are at a 60 year high.3. Real wages are falling.So, tell me again about how ...a. Obama is oppressing US corporations.b. Corporations can't possibly hire people because they\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24296,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/07\/so-long-harry-morgan.html","url_meta":{"origin":24275,"position":5},"title":"So long, Harry Morgan","author":"***Dave","date":"Wed 7-Dec-11 1:28pm","format":false,"excerpt":"You were always a trouper, and a joy to watch, including (but limited to) during your time on M*A*S*H and Dragnet. #ddtbReshared post from +Breaking NewsHarry Morgan, Colonel Potter on \u2018M*A*S*H,\u2019 dies at 96Los Angeles, Calif., USAWed Dec 7, 9:09 a.m. PST: Harry Morgan, best known for playing Colonel Potter\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/24275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=24275"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/24275\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=24275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=24275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=24275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}