by Dave Johnson | Nov 4, 2016 | Blog
The U.S. Census Bureau reported Friday that the September trade deficit fell to an enormous, humgonous $36.4 billion, down $4.0 billion from and even more enormous and humongous $40.5 billion in August. This does not represent a boom in job (and wealth)-creating...
by Dave Johnson | Nov 3, 2016 | Blog
In September Campaign for America's Future became a project of the new People's Action. On October 18 People's Action announced the People’s Action 22: Our slate of 2016 endorsed candidates. The People’s Action 22 OurFuture's October 18 post, Meet the “People’s Action...
by Dave Johnson | Nov 2, 2016 | Blog
Sen. Charles Schumer’s (D-Wall Street) is expected to become the Democratic leader in the Senate and potential Majority Leader. He is said to be pushing for a huge, huge corporate tax break, which would reward the largest tax-dodgers for dodging taxes, thereby making...
by Dave Johnson | Nov 1, 2016 | Blog
Economist Jared Bernstein says "corporate capture" of our trade process isn't the only thing we have to fix for trade to benefit all of us. We also have to do something about "excess savings." He means trade imbalances. Monday's Progressive Breakfast informs us that:...
by Dave Johnson | Oct 31, 2016 | Blog
"The man of great wealth owes a peculiar obligation to the state because he derives special advantages from the mere existence of government." - Teddy Roosevelt 1906 You and I pay income tax on our income. But what if you get a huge chunk of income by inheriting vast...