Robert Johnson (economist)

Robert A. Johnson is the Executive Director of the Institute for New Economic Thinking and regularly contributes to NewDeal 2.0 with his "FinanceSeer Column." He also formerly traded currency on Wall Street under George Soros.[1][2]

Economic analysis

Johnson claims that unemployment and underemployment (idle labour resources) have led to lower tax revenues, which have led to a budget deficit problem for the USA government under George W. Bush and Barack Obama.[3] He also cites the lack of a tax on richer Americans who have inherited wealth at birth or at a young age as another reason for this, in addition to the effects of government bailouts to large capitalist institutions in the years after 2008.

Selected bibliography

Notes

  1. Rob Johnson at Roosevelt Institute.
  2. Paul Jay and Robert A. Johnson, "Easier to Attack the Weak than the Wealthy." The Real News Network, July 25, 2011.
  3. Paul Jay and Robert A. Johnson, "An Upside Down Economy." The Real News Network, March 3, 2011.
gollark: ... in Turkey?
gollark: They also have the advantage of being a socially-acceptable place to live independently or whatever and do weird and/or possibly reckless things, although it's possible this is partly marketing.
gollark: Anyway, on the one hand, universities are apparently quite good jobs-wise and I can probably get into a fairly good one, but on the other hand ~£50000 could pay for 200 years of osmarks.tk server time.
gollark: I guess Turkey has lower cost of living?
gollark: ++delete Nvidia again because Nvidia maximally bad.
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