Economy
Austerity for the Other Guy
Workers were the victims of austerity’s slashed public services, wages and jobs. Those demanding austerity – the 1 percent - and those imposing it - conservative politicians - escaped its bitter effects with shields of cash.
The Kerfuffle Over Global Wealth Statistics
Can we trust Oxfam’s latest dramatic numbers on global inequality? Two of the world’s top policy wonks don't think we should. But their pushback is getting pushback aplenty.
Budget Wars: Europe Has the Germans; We Have the GOP
This year's budget battle is important because it gives progressives an opportunity to explain why austerity economics is a failure -- and to offer something better in its place.
The Super-Rich Can’t Hide From the Rest of Us
The super-rich are getting ready to run away from the mess they’ve helped create. But instead of holding off the barbarians at the gates, they are the barbarians.
Obama Budget Signals End Of Austerity, Return Of Sanity
This budget pushes the country back toward sanity and has many steps in the right direction. But there is still a long way to go.
Rigging the Rules: The Next Corporate Sting
The president's budget will trigger a new battle over America's direction. It contains many sensible proposals. But hidden in it is the next corporate sting: a massive tax break for multinationals. Here is how the rules get rigged.
Wall Street’s Threat to the American Middle Class
Presidential aspirants in both parties are talking about saving the middle class. But the middle class can’t be saved unless Wall Street is tamed. The Street’s excesses pose a continuing danger to average Americans.
Not Lovin’ It
McDonald’s is scrambling, and I’m not talking about eggs. Its McManagers illegally reduced the hours (and therefore the pay) of hundreds of those who joined the “Fight For 15″ campaign.
Greece Proves Populist Movements Can Fight And Win
After five years of protests, demonstrations, and strikes, Greek citizens voted to throw off five years of austerity. Their victory has emboldened populists across Europe and should inspire Americans to resist austerity here at home.
Voodoo Trickle-Down Be Damned
President Obama's middle-class economics will be a hard sell. That’s because Americans have been force-fed that voodoo, greed-is-good, grovel-before-the-rich, trickle-down financial philosophy for so very long.
