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Does Trade Deficit Drive Inequality?

In an earlier post, "ANOTHER Report On Jobs Lost To China 'Trade'" I wrote about a new report titled, "The Surprisingly Swift Decline of U.S. Manufacturing Employment." This report showed that manufacturing employment would have been higher by over 4 million employees...

Paul Ryan's Medicare Voucher Plan Is Back!

House Republicans won't give up on their efforts to voucher-ize Medicare. In fact, Representative Paul Ryan now wants to make it happen even sooner. As the House GOP is currently preparing their new budget, which will include Ryan's Medicare voucher program, and they...

January Trade Deficit Drains $44.4 Billion From Economy

While Washington remains self-absorbed in budget deficit arguments over who can cut more of the things We, the People do to make our lives better. Meanwhile January's trade deficit numbers are out, showing where the real damage is being done. The U.S. international...

This Is How A Filibuster Should Be Done

Yesterday we saw what a filibuster should be. Senator Rand Paul did it the right way by talking and talking, and he got his point across. Interestingly, what Senator Paul did is what the public thinks a filibuster already is. Except it isn't. In recent years Senate...

Fixing Bankers' Pay to Save the Economy

This week the Swiss people voted to limit bonuses for the high-paid executives they call “fat cats.” Last month shareholders at the largest too-big-to-fail bank revamped the bonus system for their senior executives. And the European Union agreed last month to impose...

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