Don’t fall for supply-side, trickle-down nonsense. Lower taxes on the rich don’t generate growth and jobs.
The president-elect has shown no interest in changing rules that for more than three decades have imposed unrelenting pressure on American companies to cut their payrolls by shipping jobs abroad or replacing them with automated machinery.
Support for a universal basic income is growing. In Europe, for example, the Dutch city of Utrecht is about to introduce an experiment that aims “to challenge the notion that people who receive public money need to be patrolled and punished." Here, the political, philosophical and economic arguments are made clear.
Jeb Bush and Mitt Romney are zeroing in on inequality as America’s fundamental economic problem.
The two best-selling authors discuss the American economy and the growth of income disparity plaguing the nation in a HuffPost Live segment that shouldn't be missed.