Category Archives: economy

New York: Most Unequal State in the Nation!

Posted on November 14, 2022 by David Posnett

A new report from the Institute on Taxation and Economic Policy (ITEP) recently found that New York State is home to the highest concentration of extreme wealth in the United States. New York State also has the greatest income inequality … Continue reading →

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How to Climb out of the Financial Rut in NY State

Posted on February 6, 2021 by David Posnett

On Feb. 5th R&R heard a presentation by Rebecca Saletan and Nick Lyndon on “The Invest in our New York Act”. It is a package of 6 bills for the State of NY. Together they are proposed to raise more … Continue reading →

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Friend of clean water, biodiversity, climate-friendly regenerative businesses and safe-guarding our shorelines? Read on…..

Posted on December 1, 2020 by David Posnett

Dear Friend of the Shellfish Farmer,  If you are a friend of clean water, biodiversity, climate-friendly regenerative businesses, coastline protection, Earth and her oceans read on….. Join us in support of our shellfish farmers, and support the inclusion of commercial … Continue reading →

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Trump’s Economic Fallout

Posted on October 5, 2020 by David Posnett

Guestwords in the East Hampton Star: Trump’s Economic Fallout for Suffolk County and Long Island By John Tepper Marlin and Steven Newman October 1, 2020 President Trump’s three main economic initiatives have been radical 2017 cuts in taxes (at the … Continue reading →

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Sowed Discord

Posted on August 28, 2020 by David Posnett

Trump‘s lackey boy, Lee Zeldin SpringsAugust 24, 2020 Dear David: The past three and a half years have been a master class in the havoc that can be wrought when a president is constrained by neither truth nor decency. Starting … Continue reading →

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Stepien or Parscale? The Corona virus does not care.

Posted on July 16, 2020 by David Posnett

WaPo reports that  “Trump replaces campaign manager as polls show him trailing Joe Biden in 2020 race”. President Trump announced on Facebook Wednesday evening that Bill Stepien would become his campaign manager, replacing Brad Parscale,… Recent national and swing-state polls … Continue reading →

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Lowe’s or Home Depot? Your call.

Posted on June 10, 2020 by David Posnett

Marvin Ellison, is the CEO of Lowe’s Lowe’s announced Wednesday that it would assist minority-owned businesses with $25 million in grants to support efforts to relaunch the American economy. Lowe’s is dishing out the funds to help small businesses, especially home … Continue reading →

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Protest in Commack drawing criticism

Posted on May 31, 2020 by David Posnett

Some insightful letters to Newsday: The behavior of a few unruly demonstrators at the recent Commack protest was shameful [“Trump cheers LI protesters,” News, May 17]. If these few were, say, 4% of the demonstrators, the other 96% could have … Continue reading →

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Visiting New York City

Posted on May 3, 2020 by David Posnett

I have not been in the city since late February 2020. Much has changed.  It is now a ghost town.  Nobody rides the subway and there are no cabs.  On the bright side, there are plenty of parking spaces and … Continue reading →

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When the Forgotten Remain Forgotten, no one is Secure

Posted on April 26, 2020 by David Posnett

The Covid-19 pandemic is putting the deepening class divide in America into stark relief. Four new classes are emerging. The Remotes: These are professional, managerial, and technical workers – an estimated 35% of the workforce – who are putting in … Continue reading →

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