The US can become a weakling, reliant on other nations for steel, including some, like China, that clearly are not allies. Or, the United States can act now, as U.S. Steel demands, to secure America’s industrial strength and independence.
If I were a betting man, I’d put my money a model of capitalism that’s neither no-lose socialism for the rich nor cruel hyper-capitalism for the rest, but share-the-gains capitalism for everyone.
The Panama Papers help reveal the extent to which the global financial system is rigged to favor the wealthy and powerful, says Eryn Schornick, policy adviser at Global Witness, in this Burning Issues video.
The defense industry is a poster child for what's wrong with our political system and misplaced priorities. The latest example: The hidden cost of the B-21 bomber, on which Sen. John McCain is now blowing the whistle.
On the issues that rank-and-file GOP voters purport to care about most – economic growth, debt reduction, national defense – the Progressive Caucus People's Budget contains the most serious and effective policies available.
Corporations virtually eliminated secure pensions, forced workers into risky, self-pay plans and handed hundreds of millions in tax-free retirement benefits to the top dogs. Pensions aren’t dead; they’re just exclusive now.
With other large countries perilously close to recession, the next president's beliefs about using government to stimulate economic growth are important, Josh Bivens of the Economic Policy Institute explains in this Burning Issues video.
It is stunning that supporters of presidential candidate Hillary Clinton would stand up for General Electric CEO Jeff Immelt in the face of GE's record of tax avoidance.
If the takers aren’t standing in the unemployment line or rushing home from the second job to change diapers, just where are they? Because an awful lot of America’s resources have gone missing.
If either of these men is elected president, we could see the largest redistribution in American history from the poor and middle-class of America to the rich. This is class warfare with a vengeance.
You might not know there is an alternative budget proposal that is much more in line with the priorities and values of "We the People," and that budget is in front of the Congress right now.
The House Republican budget closely mirrors what would face the country if a Republican wins the White House. In a video, Jasmine Tucker of the National Priorities Project discusses what the impact of the budget would be.
Steven Pearlstein warns that government raising the minimum wage to $15, extending public education by four years, providing Medicare-for-All would "turn America into Denmark or Sweden." He means that in a bad way.
The two Democratic Party White House hopefuls agree on cutting back on the after-tax incomes of America’s rich. A recently released analysis shows they disagree significantly on just how much.
Not day goes by, it seems, without the mainstream media bashing Berney Sanders’s economic plan – quoting certain economists as saying his numbers don’t add up. They’re wrong. You need to know the truth, and spread it.
A wonkish debate over Bernie Sanders' ambitious economic proposals has real kitchen-table ramifications, which will determine whether we are able to implement bold proposals to address the struggles of working families.
"Establishment" economists attacked Bernie Sanders by attacking an analysis by economist Gerald Friedman. Friedman said Sanders' plan would produce significant growth in an economy that continues to underperform.
Neither Marco Rubio nor any of the other Republican presidential candidates who support policies like a balanced budget amendment have a firm grasp of Economics 101.
The presidential debates have treated ISIS and Syria as America's central security threats. Ignored is the increasing threat of a global economic downturn that would undermine our security far more than ISIS can imagine.
The IRS took five years to review the Crossroads GPS application for nonprofit social welfare status. Most Americans would need five minutes to determine that Crossroads is about politics, not social welfare.
With one question, moderator Gwen Ifill flipped the script on race relations in America, during the last Democratic presidential debate. Now, Democrats must learn how to answer it.
We are living in a nation of Flints, thanks to racial bias, economic inequality, austerity, and conservative governance. We can’t afford to kid ourselves about what it will take to fix it.
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.