The Peasants Still Have Their Pitchforks

Americans want what 21st century politics has so far not delivered: real options for challenging concentrated wealth. That's one conclusion from new polling that gave Americans a choice of seven tax policy options.

It’s Time To Work On America’s Agenda

For all the talk of change in Washington, families are getting squeezed by an economy that isn’t working for them. The solution requires recognizing the kind of changes needed if families are going to get a shot at building a secure future.

Full Employment: The Recovery’s Missing Ingredient

Economists come up with complexities when a shave with Occam’s razor is all that’s needed. The bargaining power of most American workers is at a historical low point. The best way to restore it is to get the economy back to full employment.
Dean Baker
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Secret Amazon: The Hidden Costs of Big Tech

Our society runs on a digital myth, a myth which says that the technology-based economy is different, special and somehow not subject to the principles of mathematics and human nature that govern the rest of our lives.
Richard Eskow
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Democracy Lite: All Form and No Substance

America’s most powerful economic policy maker dramatically charges that inequality is choking off opportunity for average families. Political candidates across the nation pay absolutely no attention.

Wal-Mart Scrooges Us All

Once again, the Waltons — the exploitative multibillionaire heirs to the Wal-Mart fortune — get the goldmine, while workers and taxpayers are stuck with the shaft. It's shameful. But shameful is one of Walmart's core values.
Jim Hightower
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Retailers, Bankers and Democrats Agree

Both Wall Street and Main Street want action. They want incomes, consumer confidence and purchases all to rise, triggering business profits to do the same. They’ve recognized the enemy to their bottom lines.
Leo Gerard
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The Damage From A High US Trade Deficit

Some economists blame upward redistribution of income, which reduces overall demand, for excessive unemployment. However, upward redistribution is only part of the explanation. The trade deficit is a much bigger part of the picture.
Dean Baker
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Budget Cuts Don’t Save Money

Yes, taking money out of the economy actually takes money out of the economy. Yes, cutting the budget for fixing roads and bridges actually means they start to fall apart. Yes, cutting the health budget has an impact on our health.

The Nouveau Sodbusters

We know from the childhood song that Old MacDonald had a farm. But e-i-e-i-o — look who’s got his farm now. It’s outfits like American Farmland, Farmland Partners, and BlackRock. These aren’t dirt farmers wearing overalls and muddy boots.
Jim Hightower
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Eric Holder: The Reason Robert Rubin Isn’t Behind Bars

Undoubtedly there are positives to Eric Holder’s tenure as attorney general, but one really big minus is his decision not to prosecute any of the Wall Street crew whose actions helped to prop up the housing bubble.
Dean Baker
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Why the Economy is Still Failing Most Americans

Economic expansions used to improve the incomes of the bottom 90 percent more than the top 10 percent. But starting with the “Reagan” recovery the benefits of economic growth during expansions have gone mostly to the top 10 percent.

Bill Clinton’s Corporate Fantasy

Bill Clinton argues that corporate CEOs will soon care more about employees and society than profits. But today's CEO's are cashing out their own companies' futures to line their pockets. Sweet dreams won't change that.
Robert Borosage
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Why Now Is The Time To Tackle Poverty

Every couple of generations, the stars align to create the potential for monumental, transformative social change. It turns out we're in just such a moment when it comes to tackling poverty in the United States.
Alan Jenkins
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Let’s Replace Hawk Squawks On The Fed With Voices Of The People

Two "inflation hawks" on the Federal Reserve's open market committee, Charles Plosser and Richard Fisher, will step down from the board in early 2015. That's a chance for working people to have their own representatives.
Isaiah J. Poole
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“Put A Ring On It” Is Not An Anti-Poverty Program

Conservatives say marriage is the “ultimate anti-poverty program,” and claim that most of our economic woes would vanish if more people got hitched. A new study suggests "putting a ring on it" barely makes a dent in poverty.
Terrance Heath
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