by Bernie Sanders | Jan 21, 2015 | Blog, Economy
Our infrastructure is collapsing, and the American people know it. The Interstate 75 bridge collapse in Cincinnati on Monday is only the latest example. Every day, motorists across the United States drive over bridges that are in disrepair and on roads with...
by Dean Baker | Jan 20, 2015 | Blog, Economy, Financial Reform
The House Democratic Party leadership made a remarkable step forward last week in putting out a proposal for a financial transactions tax (FTT). The proposal is part of a larger package which includes a substantial tax credit for workers, and also a limit on the tax...
by Sam Pizzigati | Jan 20, 2015 | Blog, Economy
The Commission on Inclusive Prosperity, a project of the Washington, D.C.-based Center for American Progress, has just released what journalists like to call a “blue-ribbon panel report.” This commission certainly rates — by any standard — as “blue-ribbon.” The...
by Dean Baker | Jan 14, 2015 | Conservatism, Economy
The U.S. House of Representatives recently adopted a new rule that requires lawmakers to take long-term macroeconomic effects into consideration when deciding how to vote on tax and spending bills. In theory, this could show that tax cuts, particularly for...
by Charles McMillion | Jan 13, 2015 | Economy
My basement is full of 30-plus-year-old reports with titles like “America at the Crossroads!” “America’s Two Minute Warning!” “America’s Competitive Crisis!” These reports and hundreds more were written at the national, state and city levels by America’s top business,...
by Dean Baker | Jan 13, 2015 | Blog, Economy, Jobs and Growth
It’s rare that a week goes by in Washington without some major conference on inequality. This usually involves some prominent people, who get six or even seven figure paychecks, speculating on why inequality has grown and what we can do about it. These exercises...