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...
by Jeff Bryant | Aug 21, 2014 | Blog, Education
As the season for new school openings rolls out, there are reasons for a new consciousness-raising about those schools – the kind of consciousness-raising that can be brought about when there's a shock to the system like Ferguson, Mo. Of the many heartfelt, well...
by Dave Johnson | Aug 20, 2014 | Blog
A Politico story being promoted by the Drudge Report, "McConnell’s plan to shut down Obama," makes it clear that if Republicans capture the Senate this fall they will, as the Drudge Report puts it, "play chicken" and shut down the government if President Obama vetoes...
by Dave Johnson | Aug 20, 2014 | Blog, Tax Reform
Corporate tax rates used to top out at 52.8 percent. Later rates were lowered to 48 percent and then 46 percent. Then in 1986 corporations complained that this (lowered) rate made them "uncompetitive" and demanded "corporate tax reform." Because job creators. So the...
by Dave Johnson | Aug 18, 2014 | Blog, Winning Issues for 2014
You may have heard about corporations renouncing their US "citizenship" in order to avoid paying taxes for the infrastructure, courts, police and military protection on which they rely, the schools which their employees send their kids -- even the food stamps and...