The biggest fixable factor affecting jobs and the economy wasn't mentioned at all in Treasury Secretary Jack Lew's speech on the economy last week: the trade deficit.
The U.S. Treasury secretary gave a major speech on the economy. The discussion that followed reveals much about the disconnect between financial/political elites and the rest of us.
Massive income inequality is not new. Yet there are still conservative myths floating around about why it is and what we can do. Here are a few of the real reasons ordinary Americans languish economically.
This week Democrats added 23 new bills to the comprehensive Make It In America plan. These new bills are not like the usual Republican "giving tax cuts to rich people fixes everything" nonsense. These bills contain real substance.
Did our nation’s news media fulfill its duty to keep you informed about what is going on with your government? Here is what much of the media reported about Wednesday's student loan relief vote in the Senate.
Senators Sherrod Brown and Jeff Sessions have issued an appeal to President Obama to crack down on currency manipulation, which has cost 5.8 million U.S. jobs and increased the federal budget deficit.
Corporations currently owe up to $700 billion in unpaid, “deferred” taxes. Congress can make them pay, or let them off the hook. Guess which choice Congress is about to make.
Republicans flat-out bribe a Virginia state senator to resign, so they can block Obamacare's Medicaid expansion. This shows just how far "rich people government people" Republicans will go.
Instead of creating jobs, a 2011 trade deal with South Korea has cost jobs and increased our trade deficit. Now there are signs that job loss could get much, much worse.
Low wage jobs drive a race to the bottom as people pull back, forcing more layoffs and wage cuts. But America has been replacing good-paying jobs with low-wage jobs for decades. It's time to raise America's pay.
A new study finds that privatization of government services "contributes to the decline of the middle class and the rise in poverty-level jobs, thereby exacerbating growing economic inequality."
Imagine that American factories and other businesses had received $44.2 billion more in orders last month, and every single month, and you can visualize the effect of this.
Sen. Bernie Sanders is introducing an update of the Veterans Administration bill that Republicans filibustered in February. Will Republicans vote to solve the VA scandal or milk it for political gain?
There have been reports that the Trans-Pacific Partnership treaty would ban requirements that government agencies "Buy America" first. The House has voted to protect these provisions from being negotiated away.
Since we signed a "free trade" agreement with Colombia, 73 trade unionists have been murdered there. So 153 Democrats are insisting on stronger labor protections in the Trans-Pacific Partnership agreement.
An unfair tax dodge lets corporations hoard their money abroad. This puts honest companies that make things here and pay their taxes at a competitive disadvantage.
The Republican strategy: Step 1: Block the bill (and any/every bill that makes things better). Step 2: Blame Democrats for the damage done by their blocking the bill.
Who did it? Republicans are beginning to harvest the fruits of their obstruction. The strategy is to set the stage for the election by obstructing everything. Then campaign against Democrats because things are not getting better.
Wouldn't a country run of, by and for We the People set things up to benefit We the People – and not just a few already-wealthy people at the expense of the rest of us, our country, and our economy?
Democrats and Republicans pay no price for their robotic votes for trade deal after trade deal, hoping no one will notice. Our job is to notice, turn up the heat and make them pay a price.
The right put its resources into long-term movement building. On our side the money, resources and effort tend to go into looking for "messiah" candidates. It is a remarkably ineffective approach.
There is simply no reason whatsoever that we can't have full employment – except for policies that are intentionally keeping us from having full employment. Our New Populism conference will make that a central theme.
Has privatization saved taxpayers money and improved services to citizens? Simple answer: of course not. Taxpayers are getting fleeced. But the private companies now doing public functions have gotten rich off of the deal.
Another leak of another secretly negotiated treaty reveals another assault on our ability to make our own laws and another boost for the largest (and dirtiest) corporations.
The terrible damage done to working Americans by these trade agreements have become so clear that a New Populist movement is rising up to fight them. The New Populism Conference will explore this movement.
Our government doesn't confront countries that do things like manipulate their currency. The result is American companies shut American factories and lay off American workers.
There is a new populist movement that is driving minimum wage and other reforms across the country. It forms part of a template for how we build independent movements to improve the economy for regular people.
The country needs jobs. The country needs to fix its crumbling infrastructure. The country doesn't need more corporate tax breaks. Guess which of these three the House is passing – unfortunately with help from many Democrats.
"Establishment" Republican Tom Tillis believes that the minimum wage is a "dangerous idea" and should be abolished. But as a candidate for the U.S. Senate in a state that supports the minimum wage, he's dodging the issue.
Multinational companies owe us up to $700 billion in taxes. They say they’ll pay some of that tax money if we let them off from paying it all. For some reason just telling them to pay their taxes isn't on the table.
Imagine the effect on our economy if companies doing and making things inside of the U.S. suddenly received orders for $40 billion of goods and services. And then another $40 billion every month.
Wednesday May 7 is Fair Trade Day. There is a “Fair Trade Rally” in the Upper Senate Park in Washington, D.C. at 1:30 p.m. organized by Communication Workers of America.
Benghazi appears to be about a Republican belief that Americans do not rally around their President when the country is attacked, but only around Republican presidents (or candidates apparently.)
Raising the minimum wage not only helps lift people out of poverty, it lowers "safety net" costs like Food Stamps, boosts local businesses and increases income and sales tax revenue.
The enormous, humongous trade deficit is doing incredible damage to our economy. Our country’s elites used to care about that.
It is not entirely fair for President Obama to dismiss critics of the Trans-Pacific Partnership for having a "lack of knowledge" of what is being negotiated, as he did at a recent news conference.
A huge trade treaty is coming that will change the relationship between giant corporations and governments around the world. Why is the American corporate media telling the public so little about it?
Across the board now people are seeing what these trade deals have done to the country. I join Asia expert Tim Shorrock to discuss the Obama administration's latest trade moves.
“Dog-whistle,” “code word” politics is not about what the politician says, it’s about what the listener hears. Here is what Republicans are saying and what the listener hears.
Research concludes that if you're making less than $87,000 per year (the current 90th percentile wage), the Trans-Pacific Partnership would mean a pay cut. But that's fine for corporations who want this treaty.