by Isaiah J. Poole | May 11, 2016 | Conservatism, Economy
Puerto Rico is in dire straits, and its citizens – no, make that "our fellow citizens" – need immediate relief from a crushing debt that is already causing severe hardship to people who can least bare it. Yet, Republican leaders in the House of Representatives were...
by Sam Pizzigati | May 10, 2016 | Blog, Economy, Tax Reform
Dr. Patrick Soon-Shiong has helped make a little medical history. The good doctor holds over 95 patents. He pulled off the first pig-to-human cell transplant to treat diabetes. And one of the drugs he designed and developed, Abraxane, keeps cancerous cells from...
by Richard Eskow | May 10, 2016 | Blog, Economy, Progressive Vision
A CSX freight train derailed in Washington, D.C. last week. The Washington Post reported that ethanol, which is colorless and highly flammable, was leaking out of one of the overturned cars in the accident’s immediate aftermath. The 14-car derailment also “spilled...
by Dean Baker | May 9, 2016 | Blog, Conservatism, Economy
As the media erupt in fury over Donald Trump's comments on the debt, it is worth taking the opportunity to remind people that the interest burden on the national debt is near a post-World War II low. While the debt-to-GDP ratio rose sharply in the Great Recession,...
by Leo Gerard | May 3, 2016 | Blog, Economy, Trade
Forged with the despicable dividend of stolen trade secrets, priced with monopoly collusion, then traded with fraudulent labeling to dodge U.S. duties, steel from China violates every principle of capitalism. That’s in addition to defying both U.S. and international...
by Robert Reich | May 2, 2016 | Blog, Economy, Progressive Vision
Marissa Mayer tells us a lot about why Americans are so angry, and why anti-establishment fury has become the biggest single force in American politics today. Mayer is CEO of Yahoo. Yahoo’s stock lost about a third of its value last year, as the company went from...
