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OpEd News Member for 921 week(s) and 1 day(s)
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Tuesday, December 31, 2019
Bill Greider and Secular Stagnation Bill Greider died on Christmas day. Greider, who was 83, was an old-time journalist who believed that the job meant exposing the corruption of the rich and powerful, rather than becoming their friends in order to get inside stories.
Tuesday, December 31, 2019Bill Greider and Secular Stagnation Bill Greider died on Christmas day. Greider, who was 83, was an old-time journalist who believed that the job meant exposing the corruption of the rich and powerful, rather than becoming their friends in order to get inside stories.
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Monday, December 9, 2019
Trump Is Raising Taxes on Middle-Class Consumers With His Trade War Just when many policy types thought that Donald Trump was about to wind down his trade war with China and work out a deal, he announced that he was in no rush to reach an agreement.
Monday, December 9, 2019Trump Is Raising Taxes on Middle-Class Consumers With His Trade War Just when many policy types thought that Donald Trump was about to wind down his trade war with China and work out a deal, he announced that he was in no rush to reach an agreement.
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Thursday, December 5, 2019
The Big Deal in Warren's Prescription Drug Plan Drugs are almost invariably cheap to manufacture and distribute. They are expensive because government-granted patent monopolies make them expensive. We have this perverse situation where the government deliberately makes drugs expensive, then we struggle with how to pay for them.
Thursday, December 5, 2019The Big Deal in Warren's Prescription Drug Plan Drugs are almost invariably cheap to manufacture and distribute. They are expensive because government-granted patent monopolies make them expensive. We have this perverse situation where the government deliberately makes drugs expensive, then we struggle with how to pay for them.
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Monday, December 2, 2019
Wages Have Risen Due to Minimum Wage Increases and the Fed's Obama-Era Policies The low current unemployment rate, coupled with minimum wage increases in many states and cities, is leading to real wage gains at the middle and bottom end of the wage ladder.
Monday, December 2, 2019Wages Have Risen Due to Minimum Wage Increases and the Fed's Obama-Era Policies The low current unemployment rate, coupled with minimum wage increases in many states and cities, is leading to real wage gains at the middle and bottom end of the wage ladder.
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Monday, November 11, 2019
The Effort to Impeach Trump Is Not a Distraction Trump fully intends to use the power of government against his political opponents, and the current position of the Republican party is that if Donald Trump does it, it's fine.
Monday, November 11, 2019The Effort to Impeach Trump Is Not a Distraction Trump fully intends to use the power of government against his political opponents, and the current position of the Republican party is that if Donald Trump does it, it's fine.
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Saturday, November 9, 2019
A Bold Plan to Strengthen and Improve Social Security Is What America Needs The Social Security 2100 Act proposed by Connecticut Representative John Larson is getting closer to being passed by the House of Representatives. It now has more than 200 co-sponsors. If it were to be approved and become law, it would both improve the program's benefit structure and its financial picture.
Saturday, November 9, 2019A Bold Plan to Strengthen and Improve Social Security Is What America Needs The Social Security 2100 Act proposed by Connecticut Representative John Larson is getting closer to being passed by the House of Representatives. It now has more than 200 co-sponsors. If it were to be approved and become law, it would both improve the program's benefit structure and its financial picture.
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Saturday, November 2, 2019
Mark Zuckerberg is a Rich Jerk if Facebook wants to compete with print and broadcast outlets for advertising dollars, it should be held to the same rules as these outlets. There is no justification for special treatment for rich jerks from Harvard. There is no reason to waste any effort trying to convince Mark Zuckerberg what is good for democracy.
Saturday, November 2, 2019Mark Zuckerberg is a Rich Jerk if Facebook wants to compete with print and broadcast outlets for advertising dollars, it should be held to the same rules as these outlets. There is no justification for special treatment for rich jerks from Harvard. There is no reason to waste any effort trying to convince Mark Zuckerberg what is good for democracy.
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Friday, November 1, 2019
Economy Creates 128,000 Jobs in October; Unemployment Edges Up to 3.6 Percent The economy is adding jobs at a healthy pace. There are signs of weakness in key sectors such as construction and manufacturing (even when pulling out the effect of the GM strike). Also, wage growth is surprisingly weak given the low unemployment rate, but there is no sign of a recession anywhere in sight.
Friday, November 1, 2019Economy Creates 128,000 Jobs in October; Unemployment Edges Up to 3.6 Percent The economy is adding jobs at a healthy pace. There are signs of weakness in key sectors such as construction and manufacturing (even when pulling out the effect of the GM strike). Also, wage growth is surprisingly weak given the low unemployment rate, but there is no sign of a recession anywhere in sight.
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Monday, October 28, 2019
Senator Warren's Answer on Taxes and Medicare for All is Exactly Right The reporters are determined to make this a "she will raise your taxes story." This is an absurd narrowing of the issue. There is no reason that Warren should cooperate with their silly game. She is determined to talk about the substance of the issue, whether or not the reporters want to hear it.
Monday, October 28, 2019Senator Warren's Answer on Taxes and Medicare for All is Exactly Right The reporters are determined to make this a "she will raise your taxes story." This is an absurd narrowing of the issue. There is no reason that Warren should cooperate with their silly game. She is determined to talk about the substance of the issue, whether or not the reporters want to hear it.
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Tuesday, October 15, 2019
The Economics and Politics of Financial Transactions Taxes and Wealth Taxes On both economic and political grounds, an FTT has far more to offer than a wealth tax. The enormous rise in inequality over the last four decades demands a serious response. But we have to make our moves carefully. A well-designed FTT fits the bill.
Tuesday, October 15, 2019The Economics and Politics of Financial Transactions Taxes and Wealth Taxes On both economic and political grounds, an FTT has far more to offer than a wealth tax. The enormous rise in inequality over the last four decades demands a serious response. But we have to make our moves carefully. A well-designed FTT fits the bill.
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Monday, October 14, 2019
Trump Has Been Giving Up Ground in His Much-Vaunted "Trade War" Trump has put protecting the intellectual property of U.S. corporations front and center. This is not a battle that most of us should want to see Trump win. Ordinary workers have no real interest in making people in China and elsewhere pay more for drugs, medical equipment, software, and other items to which US companies have intellectual property claims.
Monday, October 14, 2019Trump Has Been Giving Up Ground in His Much-Vaunted "Trade War" Trump has put protecting the intellectual property of U.S. corporations front and center. This is not a battle that most of us should want to see Trump win. Ordinary workers have no real interest in making people in China and elsewhere pay more for drugs, medical equipment, software, and other items to which US companies have intellectual property claims.
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Wednesday, October 9, 2019
Trump's Trade War: a Report From the Front The trade war doesn't look like it is going well for Donald Trump, at least by his chosen measure of success. If trade deficits mean other countries are ripping us off, then they are ripping us off considerably more under Trump than when Barack Obama was in the White House.
Wednesday, October 9, 2019Trump's Trade War: a Report From the Front The trade war doesn't look like it is going well for Donald Trump, at least by his chosen measure of success. If trade deficits mean other countries are ripping us off, then they are ripping us off considerably more under Trump than when Barack Obama was in the White House.
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Monday, September 30, 2019
There Is No Economic Justification for Drilling in the Arctic Wildlife Refuge There are companies that expect to profit from this degradation of the environment, but they are not the driving force here. There just is not that much money at stake. Rather, people in power are spitting in the face of people who value the environment to show they can wreak destruction for no good reason whatsoever.
Monday, September 30, 2019There Is No Economic Justification for Drilling in the Arctic Wildlife Refuge There are companies that expect to profit from this degradation of the environment, but they are not the driving force here. There just is not that much money at stake. Rather, people in power are spitting in the face of people who value the environment to show they can wreak destruction for no good reason whatsoever.
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Friday, September 6, 2019
Job Growth Slows to 130,000 in August but Employment Rate Hits Another Recovery High The Bureau of Labor Statistics reported that the economy added 130,000 jobs in August, down from an average of 173,000 over the last 12 months. Over the last three months, the average has been just 156,000. The August figure was inflated by temporary employees hired to conduct the 2020 Census
Friday, September 6, 2019Job Growth Slows to 130,000 in August but Employment Rate Hits Another Recovery High The Bureau of Labor Statistics reported that the economy added 130,000 jobs in August, down from an average of 173,000 over the last 12 months. Over the last three months, the average has been just 156,000. The August figure was inflated by temporary employees hired to conduct the 2020 Census
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Monday, August 19, 2019
China Did Not Trick the US -- Trade Negotiators Served Corporate Interests The U.S. trade deficit with China was not an accident. Both Republican and Democratic administrations signed trade deals that made it easy to manufacture goods in China and other countries, and then export them back to the United States.
Monday, August 19, 2019China Did Not Trick the US -- Trade Negotiators Served Corporate Interests The U.S. trade deficit with China was not an accident. Both Republican and Democratic administrations signed trade deals that made it easy to manufacture goods in China and other countries, and then export them back to the United States.
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Monday, August 12, 2019
Progressive Policies May Hurt the Stock Market. That's Not a Bad Thing. Last week, we saw the media terrified over a plunge in the stock market following an escalation of Donald Trump's trade war with China. There are good reasons to be concerned about Trump's ill-defined trade war and reality TV tactics, but the plunge in the stock market is not one of them.
Monday, August 12, 2019Progressive Policies May Hurt the Stock Market. That's Not a Bad Thing. Last week, we saw the media terrified over a plunge in the stock market following an escalation of Donald Trump's trade war with China. There are good reasons to be concerned about Trump's ill-defined trade war and reality TV tactics, but the plunge in the stock market is not one of them.
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Thursday, July 18, 2019
The Coal Industry is Not a Major Employer It is a bit peculiar that the earlier declines in coal mining employment, which were primarily due to productivity growth (specifically, replacing underground mining with strip mining -- a policy often opposed by environmentalists), received relatively little attention in the media or from politicians.
Thursday, July 18, 2019The Coal Industry is Not a Major Employer It is a bit peculiar that the earlier declines in coal mining employment, which were primarily due to productivity growth (specifically, replacing underground mining with strip mining -- a policy often opposed by environmentalists), received relatively little attention in the media or from politicians.
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Monday, July 1, 2019
Replace Patent Monopolies With Direct Public Funding for Drug Research In almost all cases, drugs are cheap to manufacture. It is government-granted patent monopolies or some other form of exclusivity that makes drugs expensive. In a truly free market, drugs are cheap. The restrictions on prices being proposed are simply efforts to limit the extent to which drug companies can exploit the monopolies the government has given them.
Monday, July 1, 2019Replace Patent Monopolies With Direct Public Funding for Drug Research In almost all cases, drugs are cheap to manufacture. It is government-granted patent monopolies or some other form of exclusivity that makes drugs expensive. In a truly free market, drugs are cheap. The restrictions on prices being proposed are simply efforts to limit the extent to which drug companies can exploit the monopolies the government has given them.
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Monday, June 17, 2019
I Say No to Frac-Sand Mining Near My Home -- for Myself and the Planet As was the case with the Keystone XL Pipeline and tar sands oil, if this mine is blocked, it will raise the cost of frac sand, which will raise the cost of fracking. Given the damage that fossil fuel burning is doing to the planet, we should all want to raise the cost of fracking as much as possible.
Monday, June 17, 2019I Say No to Frac-Sand Mining Near My Home -- for Myself and the Planet As was the case with the Keystone XL Pipeline and tar sands oil, if this mine is blocked, it will raise the cost of frac sand, which will raise the cost of fracking. Given the damage that fossil fuel burning is doing to the planet, we should all want to raise the cost of fracking as much as possible.
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Monday, June 10, 2019
Donald Trump's Capricious Tariffs Open the Door to Corruption Donald Trump has repeatedly proclaimed his love for tariffs, even dubbing himself "Tariff Man." While Trump clearly does not understand how tariffs work, some of the discussion in the media has been off target as well. It's worth trying to get the basic story straight.
Monday, June 10, 2019Donald Trump's Capricious Tariffs Open the Door to Corruption Donald Trump has repeatedly proclaimed his love for tariffs, even dubbing himself "Tariff Man." While Trump clearly does not understand how tariffs work, some of the discussion in the media has been off target as well. It's worth trying to get the basic story straight.
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