by Chuck Collins | Dec 3, 2015 | Blog, Economy, Progressive Vision
When should we be alarmed about so much wealth in so few hands? The Great Recession and its anemic recovery only deepened the economic inequality that’s drawn so much attention in its wake. Nearly all wealth and income gains since then have flowed to the top one-tenth...
by Dave Johnson | Dec 3, 2015 | Blog
In the recent post, "How The Clinton and Sanders Infrastructure Plans Measure Up," I mistakenly wrote that candidate Bernie Sanders does not yet have a corporate tax proposal: Clinton’s infrastructure plan says only that it will be paid for through “business tax...
by Dave Johnson | Dec 3, 2015 | Blog, Trade, Trans-Pacific Partnership
One of the selling points for the Trans-Pacific Partnership (TPP) agreement is that it will "increase trade." Here's the thing. If you close a factory in the U.S., lay off all of the workers, devastate the surrounding community, and move the production to a low-wage...
by Terrance Heath | Dec 3, 2015 | Blog, Economy, Jobs and Growth
Federal Reserve chair Janet Yellen is scheduled today to go before Congress' Joint Economic Committee, where she is expected to declare that the recovery from the Great Recession is nearly complete, and that it is time to raise interest rates again. But progressives...
by Dave Johnson | Dec 2, 2015 | Blog, Conservatism
You might have heard a few things about terror and ISIS and refugees in the last few weeks. There has been a lot of scare talk and propaganda about how refugees are going to swarm in and shoot all of us. You might not have heard that Republicans in Congress are...
by Dave Johnson | Dec 2, 2015 | Blog, Conservatism, Economy
Republicans in Congress and the corporate-funded conservative echo chamber (redundant) are temporarily pausing from scaring people with "deficit" propaganda and are instead working on an end-of-the-year backroom deal to give out several hundred billion dollars in tax...