by Dave Johnson | Aug 26, 2014 | Blog, Tax Reform
Burger King is the latest company announcing plans to renounce its U.S. citizenship in order to dodge taxes. It plans to buy Tim Hortons and then pretend Tim Hortons bought them so they can claim to be Canadian. (Tim Hortons renounced its own U.S. citizenship in 2009...
by Dave Johnson | Aug 25, 2014 | Blog, Trade
The International Trade Commission (ITC) ruled last week that South Korean companies are "dumping" steel pipes, tubes and fittings used by oil companies – known formally as oil country tubular goods (OCTG) – into the U.S. market. "Dumping" means selling for...
by Sharon Davies | Aug 22, 2014 | Blog
“. . . the hands of none of us are clean if we bend not our energies to righting these great wrongs.” –W.E.B. DuBois, The Souls of Black Folk The nation’s focus on the killing of 18-year-old Michael Brown in Ferguson, Missouri confers yet another opportunity for...
by Dave Johnson | Aug 22, 2014 | Blog, Jobs and Growth
Europe's economic depression has now lasted longer than the Great Depression of the 1930s. Meanwhile, America's "Great Recession" also drags on thanks to cutbacks in government spending since the stimulus. Europe's leaders somehow were convinced that austerity –...
by Dave Johnson | Aug 22, 2014 | Blog, Trade
We have an enormous, humongous and ongoing trade deficit. This means we buy more from other countries than they buy from us and we do this every year. Trade is supposed to be balanced. Instead we have been running continuing trade deficits since the late 1970s. A...
by Richard Eskow | Aug 21, 2014 | Blog, Jobs and Growth
“This is an economic revolution,” a new online video says about automation. The premise of "Humans Need Not Apply" is that human work will soon be all but obsolete. “You may think we've been here before, but we haven't,” says CGP Grey, the video’s creator. “This time...
