Getting the names and faces of hedge fund billionaires before the public can help us tell a vivid story of what’s gone wrong with our economy and our politics — and help us build a movement to slice away at that billionaire power.
The Heritage Foundation has released its annual “Index of Economic Freedom.” As we enter an election influenced by anger at an economy rigged in favor of the wealthy, it’s time to ask: What is “economic freedom," and who is it for?
Johnson Controls wants to dodge U.S. taxes through a corporate inversion. What would have been the reaction if Congress knew this was coming in 2008 when the company was supporting a taxpayer bailout of the auto industry?
The record $1.5 billion jackpot has been won, and Powerball mania has died down for now, but Americans are still stuck with a Powerball economy powered by the “lottery mentality.”
Democrats could still win back the white working class -- putting together a huge coalition of the working class and poor, of whites, blacks, and Latinos, of everyone who has been shafted by the shift in wealth and power to the top.
Just a busload of billionaires, says Oxfam, now hold as much wealth than the entire bottom half of humanity. The elites now at Davos could, if they so chose, start steering that bus in a different direction.
You're going to be hearing a lot of whining and moaning about the budget deficit going up. The same people who will be whining and moaning about deficits pushed through massive tax cuts last year.
In a poll of people between the ages of 18-29, more identified as conservative on economic policy issues than liberal. But in several areas, majorities sided more with progressives.
In Iowa, grassroots leaders asked tough questions of Democratic presidential candidates Martin O’Malley and Bernie Sanders about actual solutions to poverty and the other struggles facing real Americans.
When you hear the rhetoric from the Jack Kemp Foundation's "Expanding Opportunity" forum Saturday, it pays to watch what conservatives have done to low-income people, not what they say.
Bernie Sanders offers the best economic plan for the middle class. And he has shown that he is willing to challenge the Republican Party’s rhetoric, rather than offer a pale reflection of it.
Economic forecasters exist to make astrologers look good, but I expect the U.S. economy to sputter in 2016. That’s because the economy faces a deep structural problem: not enough demand for goods and services it's capable of producing.
Martin Shkreli, the former hedge-fund manager turned pharmaceutical CEO who was arrested last week, has been described as a sociopath. In reality, he’s a brasher version of what others in finance and corporate suites do all the time.
In a country with a Constitution beginning with the words, "We the People," should our economy work for all of us instead of just a few of us?
We can continue to have a rigged system that enables and encourages predators to take advantage of the public, or we can offer public options that protect and provide services for the public.
Government spending is not out of control. It's the negative effects of not spending what we should that are threatening to spiral out of control. For conservatives, there is evil genius in all this.
With a Republican Congress, every budget battle is about ratcheting down the things our government does to make our lives better. This year was no exception. But We the People got some things out of the bargaining.
The great American middle class has become an anxious class – and it’s in revolt. Before I explain how that revolt is playing out, you need to understand the sources of the anxiety.
A new study measured job losses from Walmart’s offshoring at 400,000. That doesn’t measure the cost of low-wage employees on public assistance, or budget cuts forced on us by the resulting billionaires.
If Pfizer or any other American corporation wants to leave America to avoid U.S. taxes, that’s their business. But they should no longer get any of the benefits of American citizenship – because they’ve stopped paying for them.
The very wealthiest 400 Americans command dizzying fortunes. Their combined net worth is $2.34 trillion. Even if you celebrate successful entrepreneurship, isn’t there a point things go too far?
Before Federal Reserve chair Janet Yellen makes a Capitol Hill appearance, progressives told Congress that a Fed move to raise interest rates now would devastate communities hit hardest by the Great Recession.
Republicans in Congress and the corporate-funded conservative echo chamber are temporarily pausing from scaring people with "deficit" propaganda and quietly passing a bunch of tax cuts for special interests.
The latest Institute for Policy Studies report on the Forbes 400 and the rest of us underscores why we urgently need "policies that directly address the top-heavy distribution of wealth."
One of the remarkably few efforts to examine how welfare recipients actually fare once they get back into the workforce uncovers the inconvenient truth behind right-wing rhetoric about aid to low-income people.
The good news is that the gender pay gap has closed a little. The bad news is it's not because women's wages are up, but men's wages are down. A new EPI report points the way to an economy that works for all, starting with women.
Traditional banks have abandoned communities, leaving people stranded. Postal banking serves the public, not Wall Street. We could have postal banking right now, if enough of the public speaks up and demands it.
It was cruel enough that America countenanced trade deals that cost millions of U.S. manufacturing workers their source of income. But now that it’s clear that bad trade schemes also cost workers their lives, the TPP must be stopped.
A candidate at tonight's debate who wants to shake up the race would turn to Ted Cruz and say: "That's great that you wanted to defund Planned Parenthood. Yet you concocted a ridiculous legislative strategy with no plan to win."
Everything you can do with an iPhone was government-funded. From the Internet that lets you surf the Web, to GPS that lets you use Google Maps, to touchscreen display and even the SIRI voice activated system — all were funded by Uncle Sam.
It's time for a more balanced approach to budgeting. Let's look at just three reforms to our loophole-riddled tax code that could raise the money we need to avoid more painful service cuts.
One can hope that Justin Trudeau's victory in Canada will help advance our collective wisdom, and make it easier for politicians in the future to campaign on Economics 101.
Maybe some jobs are worth risking if a strong moral case can be made for a $15 minimum. That moral case is that no one should be working full time and still remain in poverty. People who work full time are fulfilling their most basic soci
Canada's Liberal Party, after losing the prime ministership and being relegated to third party status, is on the cusp of regaining control of the government Monday. If so, it has John Maynard Keynes to thank.
Volkswagen has long been known for strict, top-down decision making, with even minor matters requiring the OK of its governing officials. The company’s premeditated, systemic betrayal of consumer trust is no small thing
The Republican candidates for president are all trying to cut taxes for the wealthy even more than George W. Bush did. Here's the scorecard of those candidates with specific proposals.
Some rich guys and GOPers actually contend that government should take the taxes paid by workers and give that money to corporations to improve worker wages and working conditions.
Joe Biden is currently working behind the scenes to push the Trans-Pacific Partnership, which core Democratic-aligned groups will likely oppose. Can Biden run for president without opposing TPP?
I have not faced the fear, oppression, and pain that confronts African-Americans every day. But none of us can ignore what is happening in this country. Not when our black friends, family, neighbors literally fear dying in the streets.
Republicans don’t believe that the American government should do things that make the American people’s lives better, so now they are threatening to shut down the whole government. Again.