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May 23, 2015
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Tag: Economy


VIDEO: How to Reinvent Education to Save the Economy

Senator Bernie Sanders is making waves with a big idea to reinvent education: Making public colleges and universities tuition-free. I couldn’t agree more.

Posted on May 23, 2015 READ MORE



An Exclusive Excerpt From ‘Trade Is War’

In his new book, subtitled “The West’s War Against the World,” international trade expert Yash Tandon challenges the notion that free trade helps countries develop. Instead, he finds, it often fosters poverty and violence.

Posted on May 22, 2015 READ MORE



Are America’s Small Businesses Finally Realizing That They’re Being Screwed by Big Business?

Some are breaking ranks and telling congressional Republicans not to make the deal at the very top of big businesses’ wish list.

Posted on May 20, 2015 READ MORE



VIDEO: Busting Up Wall Street Is Step 4 in Saving the Economy

When Americans think of how the economic rules are stacked against them, they naturally think of Wall Street, which is back to many of its old tricks. Its lobbyists are now busily rolling back the Dodd-Frank Act—legislation intended to prevent another crash.

Posted on May 19, 2015 READ MORE



AFGE (CC BY 2.0)

Bernie Sanders and Elizabeth Warren Want Obama to Join the ‘Fight for $15’ to Raise Minimum Wage

The effort to raise the minimum wage to $15 an hour is gaining momentum, and two of American progressives’ biggest allies are doing what they can to get the executive branch behind the movement.

Posted on May 16, 2015 READ MORE



VIDEO: Expanding Social Security Is Step 3 in Saving the Economy

You hear a lot about how corporations are struggling to make good on their pension promises, and how Social Security won’t be there for you in retirement. Baloney on both counts.

Posted on May 16, 2015 READ MORE



The Marijuana Economy Comes Out of the Shadows

Since Colorado voters legalized marijuana in 2012, more states and cities have been considering a similar path. At the same time, the cannabis market is looking less like a music festival and more like a Silicon Valley confab—upscale, data-driven and focused on investors.

Posted on May 15, 2015 READ MORE


Chris Hedges Makes His Case for Revolt

American society has some serious issues. As Boston NPR affiliate station WBUR’s Tom Ashbrook puts it on the latest episode of “On Point,” our country’s problems range “from a ruling oligarch corporate elite to looming environmental catastrophe to an alarming erosion of civil liberties.” What’s to be done? 

Posted on May 15, 2015 READ MORE


VIDEO: Obama Trades Transparency

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Posted on May 14, 2015 READ MORE



What Nike, Obama and the Trans-Pacific Partnership Have in Common

Nike may be the perfect example of life under the Trans-Pacific Partnership, but that is not a future many Americans would choose.

Posted on May 13, 2015 READ MORE



VIDEO: Making Work Family-Friendly Is Step Two in Making the Economy Work for the Many

People shouldn’t have to choose between providing for their families and being good parents. Yet “family-friendly” work is still a pipe dream.

Posted on May 12, 2015 READ MORE



Raising the Minimum Wage Is Step One in Making the Economy Work for the Many, Not Only the Few

A basic moral principle that most Americans agree on is no one who works full time should be in poverty, nor should their family.

Posted on May 11, 2015 READ MORE



Christie’s Administration Is Facing Another Investigation

If after last week’s Bridgegate indictments you thought Chris Christie was finally done as the focus of government investigations, think again.

Posted on May 8, 2015 READ MORE



Sen. Bernie Sanders and Rep. Brad Sherman Unveil Bill to Bust Up Mega-Bank Menace

It’s going to take more than just a well-aimed blow from an underdog’s slingshot to bring down the banking monster that our current system of grabby-hands capitalism and compliant government has created.

Posted on May 6, 2015 READ MORE


VIDEO: Mike Huckabee Kicks Off 2016 Campaign: ‘We Were Promised Hope, but It Was Just Talk’

And then there were six: Former Arkansas governor and Fox News talking head Mike Huckabee brought the official tally of Republican candidates for the 2016 presidential contest to a half-dozen Tuesday, and he blasted his ex-rival, President Obama, while he was at it.

Posted on May 5, 2015 READ MORE



Mikey Wally (CC BY-NC-ND 2.0)

How the Trans-Pacific Partnership Is Just More Trickle-Down Economics

By now we should know that when big corporations, Wall Street and the wealthy get special goodies, the rest of us get shafted. Yet here comes the Trans-Pacific Partnership.

Posted on May 5, 2015 READ MORE


VIDEO: Sen. Bernie Sanders: ‘We Need a Political Revolution in This Country’

On Sunday’s edition of “This Week With George Stephanopoulos,” the ABC host might have thought he was point-blanking the newly minted presidential candidate with some blunt questions, but Sanders hit harder with his answers.

Posted on May 3, 2015 READ MORE



Cutting Through Police Propaganda in Baltimore

Most coverage of the protests this week failed to provide context or give voice to those protesting, instead offering a simplistic narrative of “school-age youths” assaulting police at Mondawmin Mall.

Posted on Apr 29, 2015 READ MORE



The Real Reason So Many Americans Feel So Powerless

I hear it over and over: They don’t care; our voices don’t count. 

Posted on Apr 29, 2015 READ MORE


Trans-Pacific Trade Deal

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Posted on Apr 26, 2015 READ MORE


Hungry Government

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Posted on Apr 21, 2015 READ MORE



How the New Flexible Economy Is Making Workers’ Lives Hell

These days it’s not unusual for someone on the way to work to receive a text message from her employer saying she’s not needed right then.

Posted on Apr 21, 2015 READ MORE



If Inequality Worries Republicans, Why Do They Keep Making It Worse?

You can tell things have gotten very bad when the issue of economic inequality—a serious national problem mostly ignored for more than three decades—is suddenly in political vogue.

Posted on Apr 17, 2015 READ MORE


Welfare Queen

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Posted on Apr 16, 2015 READ MORE


Taxes

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Posted on Apr 14, 2015 READ MORE



Will Hillary Rodham Clinton Deliver on Her Promise to Be a ‘Champion’ for ‘Everyday Americans’?

If Hillary Clinton is to get the mandate she needs to get the United States back on track, she will have to be clear with the American people about what is happening and why—and what must be done. 

Posted on Apr 14, 2015 READ MORE


Elizabeth Warren’s Latest Interview With Jon Stewart May Make Your Jaw Drop

Ever wonder how the U.S. government justifies making an annual $60 billion off students? Allow Sen. Elizabeth Warren to explain.

Posted on Apr 13, 2015 READ MORE


Hillary Clinton Spells It Out in Debut Ad: ‘I’m Running for President’

No doubt aiming to show voters that she’s in touch with the struggles and hopes of everyday Americans, Hillary Clinton unleashed a folksy first campaign spot Sunday to coincide with her announcement that she’s officially running for president in 2016.

Posted on Apr 12, 2015 READ MORE



Hillary Clinton 2016: 3 ... 2 ... 1 ... (Updated)

By all indications, today will be the day when Hillary Clinton officially announces that she will, in fact, be running for president in the 2016 election.

Posted on Apr 12, 2015 READ MORE



The Political Revolution We Desperately Need

The good news is that the economy today is much better than it was six years ago when George W. Bush left office. The bad news is that, despite these improvements, the 40-year decline of the American middle class continues.

Posted on Apr 4, 2015 READ MORE



The SEC Illustrates the Danger of Regulatory Capture

The phrase “regulatory capture” shrouds a serious problem in vaguely academic jargon, making it seem like unimportant esoterica rather than anything noteworthy.

Posted on Mar 29, 2015 READ MORE



Clintons’ Affair With Wall Street Grows With Son-in-Law’s Hedge Fund Hookup

Marc Mezvinsky, a money manager at the hedge fund firm Eaglevale, married Chelsea Clinton in July 2010 and seems to have reaped benefits from the Clintons’ wide web of financial supporters.

Posted on Mar 24, 2015 READ MORE



Here’s How We Know Republicans Aren’t Serious About the Plight of Working-Class Americans

Briefly, there seemed a chance we might have a cross-party discussion of the biggest economic problem the country faces: the vexing intersection of wage stagnation, declining social mobility and rising inequality. That chance now seems to have gone up in smoke.

Posted on Mar 24, 2015 READ MORE


Tax Bracketology

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Posted on Mar 20, 2015 READ MORE



spDuchamp (CC BY 2.0)

We Need a New Economic Model Because the Current Model Is Falling Apart

The economy toward which we’re hurtling—in which more and more is generated by fewer and fewer people who reap almost all the rewards, leaving the rest of us without enough purchasing power—can’t function.

Posted on Mar 19, 2015 READ MORE



The Only Way to ‘Unrig’ the System Is to Know the Truth About the Economy (Video)

Here’s why myths such as the notion that “job creators” are CEOs, corporations and the rich, whose taxes must be kept low to induce them to create more jobs, are rubbish.

Posted on Mar 16, 2015 READ MORE


Recovery

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Posted on Mar 14, 2015 READ MORE



Why Aren’t Americans Feeling the U.S. Economy’s Improvements?

The U.S. economy is picking up steam, but most Americans aren’t feeling it. By contrast, most European economies are still in bad shape, but most Europeans are doing relatively well. What’s behind this?

Posted on Mar 9, 2015 READ MORE


Target Stock

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Posted on Mar 6, 2015 READ MORE



Luke Bowerman

That’s All, Folks

Lest some colleague accuse me of burying the lede, here it is up front: I’m leaving Truthdig.

Posted on Mar 1, 2015 READ MORE



Survey: More Than 60% of Germans Believe Capitalism, Democracy Are Mutually Exclusive

It’s been 25 years and change since the Berlin Wall came down, but as it turns out, many Germans now aren’t so big on the whole capitalism thing.

Posted on Feb 24, 2015 READ MORE



Why We’re All Becoming Independent Contractors

The rise of “independent contractors” is the most significant legal trend in the American workforce—contributing directly to low pay, irregular hours and job insecurity.

Posted on Feb 23, 2015 READ MORE



Can the Greek Tragedy Be Rewritten?

The world is watching to see if the anti-austerity party Syriza can turn things around for Greece. Success may inspire hope in the economically desperate across the globe—and fear among the elites.

Posted on Feb 19, 2015 READ MORE



From ‘Demos’ to ‘Podemos’: Popular Uprisings in Greece and Spain

Like Greece, Spain has been wracked by the global recession and could soon elect an anti-austerity government.

Posted on Feb 18, 2015 READ MORE



Kostas Koutsaftikis / Shutterstock.com

The Pro-Workers, Pro-Growth Experiment in Greece Is Under Threat

While the wealthiest 85 individuals on the planet own more wealth than the bottom half of the world’s population—and when the top 1 percent will soon own more wealth than the bottom 99 percent—the people of Greece and the anti-austerity party, Syriza, they elected to lead them are struggling to rebuild their economy so that ordinary people there can live with a shred of dignity and security.

Posted on Feb 18, 2015 READ MORE



How Trade Deals Boost the Top 1 Percent and Bust the Rest

I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains.

Posted on Feb 17, 2015 READ MORE



How Did Wall Street Enemy No. 1 Get a Banker to Applaud? (Video)

Sen. Elizabeth Warren’s passionate speeches can win over almost anyone—including bankers, it seems.

Posted on Feb 14, 2015 READ MORE



Do Workers Truly Get What They’re Worth in the Market?

My recent column about the growth of on-demand jobs like Uber making life less predictable and secure for workers unleashed a small barrage of criticism from some who contend that workers get what they’re worth in the market.

Posted on Feb 10, 2015 READ MORE


Economic Growth

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Posted on Feb 9, 2015 READ MORE



AP/Esteban Felix

In the Race to Replace Panama, a Canal Tears Nicaragua Apart

The government says the transoceanic canal will be good for the economy, but foes warn of pollution and displacement.

Posted on Feb 7, 2015 READ MORE


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