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SMW for 11 April 2023




AT THE CLOSING BELL ON 11 April 2023


Dow Jones 33,684.79 +98.27 (0.29%)
S&P 500 4,108.94 -0.17 (0.0041%)
Nasdaq 12,031.88 -52.48 (0.43%)

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Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

Quote for the Day:

According to Congress's Joint Committee on Taxation, corporate tax breaks in the 1995 fiscal year might reach 60 billion. Ralph Nader's group, Public Citizen, estimates corporate welfare as more than $167 billion. Conservative columnist Kevin Phillips claims that tax breaks to the wealthy and to corporations have "become the third-fastest-growing part of the federal budget" and will exceed $4 trillion over the next seven years. As Michael Wines of The New York Times states, ". . . the same Congress that believes welfare saps the spirit and dulls the will of people seems to have concluded that business cannot compete without it."

Ruth Sidel. Keeping Women and Children Last: America's War on the Poor. Penguin Books. © 1996.