Economy
New Report Tallies Some Of The Cost Of The "Walmart Model" Economy
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.
What to Do About Disloyal Corporations
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.
Have We Hit Peak Inequality?
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?
Message to Janet Yellen: Focus The Fed On Full Employment
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.
So Much For Conservative Deficit Scare Talk
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.
Not-So-Fun Facts About Income Inequality
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."
Welfare Reform's Broken Promises Exposed Again
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.
An Economy That Works For Everyone Starts With Women
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.
This Postal Banking Petition Is Important
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.
The TPP: Another Deadly Trade Deal
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.
