by Richard Eskow | Jun 30, 2016 | Blog, Economy
“Look on my works, ye Mighty, and despair …” If Tony Blair’s op-ed on Brexit is mournful and even elegiac in tone, that’s understandable. Great Britain’s vote to leave the European Union was, after all, a repudiation of his legacy as prime minister. And if it isn’t as...
by Terrance Heath | Jun 27, 2016 | Blog, Economy, Progressive Vision
Earlier this month, the Consumer Financial Protection Bureau revealed new rules to rein in payday lenders and their outrageous fees. Now, the CFPB needs to take the next step to protect Americans from these corporate loan sharks. People’s Action is calling on the CFPB...
by Thomas Palley | Jun 27, 2016 | Blog, Economy, Trade
In years to come, the Brexit referendum may come to be seen as the day we entered the eye of the maelstrom that now promises enormous destruction. The immediate consequence looks to be a possible financial crisis, but even if that is avoided the other costs of Brexit...
by Dave Johnson | Jun 23, 2016 | Blog, Conservatism, Economy, Progressive Vision, This Is The GOP
When you hear people saying that "even the IMF" is recommending economic actions that might help regular people, that's a sign that something big is going down. The International Monetary Fund (IMF) is known as a neoliberal organization that pushes privatization of...
by Bill Scher | Jun 22, 2016 | Blog, Economy, Progressive Vision
The Washington Post recently highlighted the economic divergence between California and Kansas. California is tied, with Oregon, for the fastest growth in the nation with 4.1 percent gross domestic product growth in 2015. Kansas was flat, at 0.2 percent, and the...
by Dave Johnson | Jun 14, 2016 | Blog, Conservatism, Economy, Election 2016
Donald Trump touts his business "success" as a major qualification for running the country. So how does Trump run his businesses and what does this mean for the country? And what about this idea that government should be run like a business, anyway? The Republican...