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Robert Reich, former U.S. Secretary of Labor and Professor of Public Policy at the University of California at Berkeley, has a new film, "Inequality for All," to be released September 27. He blogs at www.robertreich.org.
(1 comments) SHARE Saturday, March 16, 2019 Trump Cornered
In Trump's mind, congressional investigations that could cause him shame and humiliation, and quite possibly result in a prison sentence, will be countered by forces loyal to him: the police, the military, and vigilante groups like Bikers for Trump.
(18 comments) SHARE Wednesday, March 23, 2011 The Republican's Big Lies About Jobs (And Why Obama Must Repudiate Them)
To his credit, President Obama argued against Republican demands for extending the Bush tax cut for those making more than a quarter million. But as soon as Republicans pushed back he caved. And the President hasn't even mentioned that the $61 billion Republicans are demanding in budget cuts this fiscal year is what richer Americans would have paid in taxes had he not caved.
(4 comments) SHARE Wednesday, May 25, 2011 Paul Ryan Still Doesn't Get It
The Ryan plan has put Republicans in a corner. Some, like Massachusetts Senator Scott Brown and, briefly, presidential hopeful Newt Gingrich, are rejecting the plan altogether. Most, though, are holding on and holding their breath. After all, House Republicans approved it -- and voters don't especially like flip-floppers.
(16 comments) SHARE Friday, September 21, 2012 What Mitt Romney Really Represents
Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway. And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.
(3 comments) SHARE Monday, December 7, 2015 What to Do About Disloyal Corporations
By deserting America, Pfizer relinquishes its right to influence American politics. 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.
(3 comments) SHARE Tuesday, February 21, 2012 The Gas Wars
Nothing drives voter sentiment like the price of gas -- now averaging $3.56 a gallon, up 30 cents from the start of the year. It's already hit $4 in some places. The last time gas topped $4 was 2008. And nothing energizes Republicans like rising energy prices. Last week House Speaker John Boehner told Republicans to take advantage of voters' looming anger over prices at the pump.
(10 comments) SHARE Friday, February 15, 2013 The Minimum Wage, Guns, Healthcare, and the Meaning of a Decent Society
Every society must necessarily decide for itself what decency requires. That's the very meaning of a "society." The questions we face -- whether to raise the minimum wage, restrict the availability of guns, expand healthcare coverage, and countless other decisions -- inevitably require us to define what we mean by a decent society.
(15 comments) SHARE Sunday, April 10, 2011 Why the Right-Wing Bullies Will Hold The Nation Hostage Again and Again
Obama and the Democratic leadership in Congress refuse to refute the Republicans' big lie -- that spending cuts will lead to more jobs. In fact, spending cuts now will lead to fewer jobs. They'll slow down an already anemic recovery. That will cause immense and unnecessary suffering for millions of Americans.
(7 comments) SHARE Thursday, January 5, 2012 The Decline of the Public Good
Wall Street's entitlement is the biggest offered by the federal government, even though it doesn't show up in the budget. And it's not even a public good. It's just private gain. We have private goods available to the very rich, supported by the rest of us. Even Lady Thatcher would have been appalled.
(4 comments) SHARE Sunday, July 8, 2012 The Wall Street Scandal of all Scandals
Just when you thought the Street had hit bottom, an even deeper level of public-be-damned greed and corruption is revealed. Fatigue and cynicism are self-fulfilling; nothing will be done if we succumb to them. The question is whether the unfolding Libor scandal will provide enough ammunition and energy to finally get the job done.
(55 comments) SHARE Saturday, August 25, 2018 Not Enough to Impeach Trump -- Entire Presidency Should Be Annulled
Trump's presidency is not authorized under the United States Constitution. The only way I see the end of Trump is if there's overwhelming evidence he rigged the 2016 election. In which case impeachment isn't an adequate remedy. His presidency should be annulled.Let me explain.
(8 comments) SHARE Saturday, July 28, 2018 6 Reasons For Hope In Trump Times
Donald Trump has been a giant wake-up call that we can't take democracy for granted. The young people of America get this. I've been teaching for 40 years and I don't recall a generation as committed to social justice, reforming this country, and making it work for all and not just a few.
(15 comments) SHARE Monday, April 4, 2011 Why We Must Raise Taxes on the Rich
Some of the super rich will move their money to the Cayman Islands and other tax shelters. But paying taxes is a central obligation of citizenship, and those who take their money abroad in an effort to avoid paying American taxes should lose their American citizenship.
(6 comments) SHARE Wednesday, August 29, 2012 How Romney Keeps Lying Through His Big White Teeth
The Romney campaign has decided it won't be dictated by fact-checkers. But a society without trusted arbiters of what is true and what is false is vulnerable to every lie imaginable. Democracy cannot thrive in such a place. To the contrary, history teaches that this is where demagogues take root.
(3 comments) SHARE Sunday, February 24, 2019 "You're fired!" America has already terminated Trump
When the public fires a president before election day, as it did Jimmy Carter, Nixon and Herbert Hoover, they don't send him a letter telling him he's fired. They just make him irrelevant. Politics happens around him, despite him. He's not literally gone but he might as well be. It's happened to Trump. The courts and House Democrats are moving against him. Senate Republicans are quietly subverting him. He's fired.
(18 comments) SHARE Saturday, July 21, 2018 Is Trump A Traitor?
Trump's meeting with Vladimir Putin in Helsinki was a betrayal of the nation he has a sworn duty to protect. Never before has a President of the United States so brazenly sided with a ruthless dictator intent on destroying American democracy. If this is not treason, what is it?
(1 comments) SHARE Wednesday, July 11, 2018 What We Can Do About Trump's Escalating Lies
Trump doesn't hold press conferences. He doesn't meet in public with anyone who disagrees with him. He denigrates the mainstream press. And he shuns experts. Instead, his lies go out to tens of millions of Americans every day unmediated. Over 50 million Americans receive his daily tweets, which are also brimming with lies.
(10 comments) SHARE Wednesday, June 1, 2011 The Truth About the American Economy
The fundamental economic challenge ahead is to restore the vast American middle class. That requires resurrecting the basic bargain linking wages to overall gains, and providing the middle class a share of economic gains sufficient to allow them to purchase more of what the economy can produce.
(9 comments) SHARE Wednesday, July 4, 2018 How To Prevent Future Trumps
If America doesn't respond to the calamity that's befallen the working class, we will have Trumps as far as the eye can see. A few Democrats are getting the message -- pushing ambitious ideas like government-guaranteed full employment, single-payer health care, industry-wide collective bargaining, and a universal basic income.
(1 comments) SHARE Saturday, March 3, 2018 Kushner's Unconscionable Conflicts
Kushner is such an easy mark that officials in at least four countries have privately discussed ways to manipulate him with financial deals, according to U.S. intelligence. Kushner is doing his own bit to destroy American democracy -- actions almost as treasonous as if he colluded with Russians to make his father-in-law president.
(8 comments) SHARE Saturday, February 16, 2019 Dictator Trump
Trump's current attack on American democracy through his assertion of a fake national emergency is intended to distract from this larger attack on America. No matter. Both threaten the essence of the nation. There is only one answer: Donald Trump must be removed from office. Impeachment should start immediately.
(4 comments) SHARE Friday, July 6, 2018 What are we going to do?
The GOP itself is no longer a political party. It is now little more than Donald Trump, Fox News, a handful of billionaire funders and right-wing Christians who oppose a woman's right to choose, gay marriage and the Constitution's separation of church and state.
(9 comments) SHARE Thursday, November 22, 2012 Why You Shouldn't Shop at Walmart on Friday
What happens at Walmart will have consequences extending far beyond the company. Other big box retailers are watching carefully. Walmart is their major competitor. Its pay scale and working conditions set the standard. The widening inequality reflected in the gap between the pay of Walmart workers and the returns to Walmart investors, including the Walton fammily, haunts the American economy.
(5 comments) SHARE Saturday, October 8, 2011 The Wall Street Occupiers and the Democratic Party
The modern Democratic Party is not likely to embrace left-wing populism the way the GOP has embraced -- or, more accurately, been forced to embrace -- right-wing populism. Just follow the money, and remember history.
(31 comments) SHARE Saturday, May 2, 2015 The Political Roots of Widening Inequality
Corporate executives and Wall Street managers and traders have done everything possible to prevent the wages of most workers from rising in tandem with productivity gains, in order that more of the gains go instead toward corporate profits. Higher corporate profits have meant higher returns for shareholders and for the executives and bankers themselves.
(1 comments) SHARE Saturday, November 18, 2017 The Backlash Against the Bullies
Sexual assault is one obvious assertion of dominance. Other forms include economic bullying and the stoking of bigotry to gain political power. Trump epitomizes it all. The revolt against Trump is a backlash against bullying in all its forms. Powerful and wealthy men who have felt free to impose their will on others, regardless of the pain they cause, may be in for a rude awakening.
(23 comments) SHARE Saturday, August 6, 2011 Why S&P Has No Business Downgrading the U.S.
Pardon me for asking, but who gave Standard & Poor's the authority to tell America how much debt it has to shed, and how? If we pay our bills, we're a good credit risk. If we don't, or aren't likely to, we're a bad credit risk. When, how, and by how much we bring down the long term debt--or, more accurately, the ratio of debt to GDP--is none of S&P's business.
(3 comments) SHARE Sunday, August 12, 2018 Trump And The Art Of The No Deal
Donald Trump promised to be America's dealmaker-in-chief, touting his "extraordinary" ability to negotiate. But so far, Trump has shown he can't make a deal. Trump can't make deals. He can only pull out of deals already made, or pretend he's made deals that soon evaporate, or give away the store. He's perfected the art of the no deal.
(8 comments) SHARE Saturday, March 12, 2011 Why Obama Isn't Fighting the Budget Battle
Obama's challenge in 2012 has nothing to do with Bill Clinton's in 1996. He must fight the Republican plans to cut the budget deficit this year and next, and explain to the public why he's doing so. And he must convince Americans that public spending during the next few years is necessary to get the economy moving, reduce the long-term debt as a portion of the total economy, and get jobs back.
(2 comments) SHARE Monday, September 12, 2011 The Oddness of the President's Upcoming Deficit-Reduction Plan
If the President wants to show his creds on deficit reduction, at least put in a trigger that begins to lower the deficit only when unemployment falls to 6 percent. Our national crisis is joblessness and low wages, not the deficit.
(3 comments) SHARE Tuesday, April 12, 2011 Mr. President: Why Medicare Isn't the Problem, It's the Solution
Estimates of how much would be saved by extending Medicare to cover the entire population range from $58-billion to $400-billion a year. More Americans would get quality health care, and the long-term budget crisis would be sharply reduced. Medicare isn't the problem. It's the solution.
(2 comments) SHARE Friday, January 6, 2017 The Three Big Reasons Republicans Can't Replace Obamacare
The only practical answer to these three dilemmas is Medicare for all -- a single payer system. But Republicans would never go for it. So without Obamacare, Republicans are left with nothing. Zilch. Nada. Except the prospect of more than 20 million people losing their health insurance, and a huge redistribution from the working class to the very rich.
(4 comments) SHARE Thursday, February 17, 2011 The Republican Strategy
The Republican strategy is to split the vast middle and working class -- pitting unionized workers against non-unionized, public-sector workers against non-public, older workers within sight of Medicare and Social Security against younger workers who don't believe these programs will be there for them, and the poor against the working middle class.
(9 comments) SHARE Tuesday, October 4, 2011 Follow the Money: Behind Europe's Debt Crisis Lurks Another Giant Bailout of Wall Street
Regulators still don't know what's happening on the Street. They have no clear picture of the derivatives exposure of giant U.S. financial institutions. Which is why Washington officials are terrified -- and why Treasury Secretary Tim Geithner keeps begging European officials to bail out Greece and the other deeply-indebted European nations.
(4 comments) SHARE Tuesday, December 13, 2011 Newt's Tax Plan, and Why His Polls Rise the More Outrageous He Becomes
Most forecasts of the budget deficit cover 10 years. The elusive goal of the White House and many on both sides of the aisle in Congress is to reduce that 10-year deficit by 3 to 4 trillion dollars. Newt goes in the other direction, with gusto. Increasing the deficit by $850 billion in a single year is beyond the wildest imaginings of the least responsible budget mavens within a radius of three thousand miles from Washington.
(7 comments) SHARE Tuesday, December 25, 2018 The US is on the edge of the economic precipice -- Trump may push it over
The shutdown is stoking fears that Trump could do something even more alarming. He might fail to authorize an increase in government borrowing before the federal debt reaches the current limit, which Congress extended to 2 March. A default by the US on its obligations would be more calamitous than a government shutdown.
(5 comments) SHARE Monday, May 28, 2018 America's Megalomaniac
Trump got excited about a summit with Kim when he thought it might win him praise, even possibly a Nobel Peace Prize. He got cold feet when he feared Kim might be setting him up for humiliating failure. Now he's back to dreaming about the Prize. The delicate balance in Trump's brain between glorification and mortification can tip either way at any moment, depending on his hunches.
(2 comments) SHARE Saturday, November 25, 2017 Fools or Knaves?
There are two kinds of liars -- fools and knaves. Fools lie because they don't know the truth. Knaves lie because they intend to mislead. Trump is both, because he doesn't even care enough about the truth to find out what it is. He'll say whatever he thinks will get people to believe what he wants them to believe.
SHARE Sunday, May 26, 2019 Trump's wrecking ball assaults American government. Luckily, it is strongly built
Americans have sharply different views about what government should do, whether on abortion, guns, immigration or any number of hot-button issues. But we broadly agree about how government should go about resolving our differences. This distinction between what we disagree about and how we settle those disagreements is crucial.
(7 comments) SHARE Tuesday, October 11, 2011 THE SEVEN BIGGEST ECONOMIC LIES
Demagogues through history have known that big lies, repeated often enough, start being believed -- unless they're rebutted. These seven economic whoppers are just plain wrong. Make sure you know the truth -- and spread it on.
(5 comments) SHARE Saturday, May 28, 2011 The Republican Death Wish
Let the GOP go after Medicare. That will do more to elect Democrats in 2012 than anything else. But it would be wise and politically astute for Democrats to go beyond just defending Medicare. Strengthen and build upon it. Use it to reform American health care and, not incidentally, rescue the federal budget.
(24 comments) SHARE Monday, April 25, 2016 The Endgame of 2016's Anti-Establishment Politics
Anyone who assumes a wholesale transfer of loyalty from Sanders's supporters to Clinton, or from Trump's to another Republican standard-bearer, may be in for a surprise. The anti-establishment fury in the election of 2016 may prove greater than supposed.
(6 comments) SHARE Tuesday, February 11, 2020 Donald Trump lies like most people breathe.
The swamp was there before Trump got to Washington. One of the first tasks of the next president must be to drain the swamp and make sure our government works for the people, not corporations and special interests.
(8 comments) SHARE Tuesday, March 31, 2015 The Rise of the Working Poor and the Non-Working Rich
The specter of an entire generation doing nothing for their money other than speed-dialing their wealth management advisers is not particularly attractive. It puts more and more responsibility for investing a substantial portion of the nation's assets into the hands of people who have never worked. It also endangers our democracy, as dynastic wealth inevitably and invariably accumulates political influence and power.
(2 comments) SHARE Saturday, July 3, 2010 Slouching Toward a Double Dip or a Lousy Recovery at Best
The bank bailout, the stimulus, and the Fed brought us back from the brink just enough to dampen zeal for anything more. As a result, we are now slouching toward a tepid recovery that could just as well fall into a double dip recession, while a large portion of our population suffers immensely.
(17 comments) SHARE Friday, October 19, 2012 How Obama Can Smoke Out Mitt: Call for Breaking Up the Biggest Banks, and Resurrecting Glass-Steagall
The President should counter Romney's extraordinary solicitude toward the Street with a proposal to cap the size of the nation's biggest banks so that no bank is ever again too big to fail. And to resurrect the Glass-Steagall Act, which once separated commercial from investment banking. This would smoke out Mitt Romney -- revealing clearly and decisively he's not on the side of most Americans.
(12 comments) SHARE Saturday, January 13, 2018 Straight Talk About the Shithole President
Normal presidents may exaggerate; some occasionally lie. But Trump has taken lying to an entirely new level. He lies like other people breath. Almost nothing that comes out of his mouth can assumed to be true. For Trump, lying is part of his overall strategy, his MO, and his pathology. Not to call them lies, or to deem him a liar, is itself misleading.
(3 comments) SHARE Thursday, December 30, 2010 New Year Predictions: The Tea Party Strategy and U.S. Economy in 2011
Tea Party conservatives wouldn't mind a government shutdown over the health-care mandate. What will happen to the US economy in 2011? If you're referring to profits of big corporations and Wall Street, next year is likely to be a good one. But if you're referring to average American workers, far from good.
(6 comments) SHARE Monday, March 9, 2015 The Conundrum of Corporation and Nation
Most big American corporations have no particular allegiance to America. They don't want Americans to have better wages. Their only allegiance and responsibility to their shareholders -- which often requires lower wages to fuel larger profits and higher share prices.
(2 comments) SHARE Sunday, September 16, 2012 Why Romney and Ryan are Going Down
Romney, Ryan, and the GOP don't seem to know how to satisfy their middle-aged white male base without at the same time turning off everyone who's not white, male, straight, or middle-aged. Unfortunately for Romney and Ryan, the people they're turning off are the majority.
(9 comments) SHARE Monday, October 15, 2018 The Truth About the Trump Economy
Trump slashed taxes on the wealthy and promised everyone else a $4,000 wage boost. But the boost never happened. That's a big reason why Republicans aren't campaigning on their tax cut, which is just about their only legislative accomplishment.
SHARE Sunday, October 1, 2017 The Growing Irrelevance of President Trump
Trump is still a dangerous showman and conman -- tweeting condemnations of critics and ranting before friendly crowds at his never-ending campaign rallies. He continues to fuel bigotry and meanness. He has reduced America's standing in the world. His outbursts could start a nuclear war. But when it comes to the actual work of governing America, Trump is becoming utterly and completely irrelevant.
(2 comments) SHARE Friday, October 6, 2017 Memo to Tillerson about the Moron
Let Trump fire you. That would reveal what a moron he is. If you really want to serve the best interests of this nation, you might want to consider meeting with Mattis, Kelly, and Vice President Pence. Come up with a plan for getting most of the cabinet to join in a letter to Congress saying Trump is unable to discharge the duties of his office. Under the 25th Amendment, that would mean Trump is fired.
(5 comments) SHARE Sunday, April 26, 2015 Why So Many Americans Feel So Powerless
Our economy and society depend on most people feeling the system is working for them. But a growing sense of powerlessness in all aspects of our lives -- as workers, consumers, and voters -- is convincing most people the system is working only for those at the top.
(7 comments) SHARE Wednesday, December 14, 2011 An Offer to the President
So here's the deal: We'll reelect you. We'll stand behind you. We'll give you a mandate to do all this -- and more -- in your second term. As long as you stand behind us.
SHARE Wednesday, February 12, 2020 5 Ways Donald Trump Has Not Drained the Swamp
In order to truly stop the corruption of our democracy, we have to fix what's broken. We must get big money out of politics, end the flow of lobbyists in and out of government, and strengthen ethics laws.
(18 comments) SHARE Thursday, March 29, 2018 Is Trump The Worst President In American History?
A president's most fundamental legal and moral responsibility is to uphold and protect our system of government. Donald Trump has degraded that system. Donald Trump is degrading the core institutions and values of our democracy. But America is fighting back. In the face of the worst president in history, we are at our best when striving to strengthen our democracy.
(6 comments) SHARE Saturday, March 4, 2017 The Unnerving Reasons for Trump's Rant
Whatever the reason for Trump's rant, America is in deep trouble. We have a president who is either a dangerous paranoid, or is making judgments based on right-wing crackpots, or has in all likelihood committed treason. Each of these possibilities is as worrying as the other.
(10 comments) SHARE Sunday, September 17, 2017 The Growing Danger of Dynastic Wealth
Maybe Gary Cohn is correct that only morons pay the estate tax. But if he and his boss were smart and they cared about America's future, they'd raise taxes on great wealth. Roosevelt's fear of an American dynasty is more applicable today than ever before.
(22 comments) SHARE Monday, December 31, 2018 America's New Year's resolution: impeach Trump and remove him
At least twice in the past month he has reportedly raged against his acting attorney general for allowing federal prosecutors to reference him in the crimes his former bagman Michael Cohen pleaded guilty to committing. This is potentially the most direct obstruction of justice yet.
(12 comments) SHARE Tuesday, July 17, 2018 The Fog Of Truth
Trump uses 5 tactics to create a fog of confusion and bewilderment, so we don't pay attention to the real damage he's doing -- undermining our democracy; rewarding the rich and hurting the working class, middle class, and the poor; stoking hatefulness; and undercutting America's standing in the world.
(3 comments) SHARE Sunday, April 29, 2018 How To Stop Trump...
If America doesn't respond to the calamity that's befallen the working class, we'll have Trumps as far as the eye can see. A few Democrats are getting the message -- pushing ambitious ideas like government-guaranteed full employment, single-payer health care, industry-wide collective bargaining, and a universal basic income.
(2 comments) SHARE Saturday, July 29, 2017 Trump's Big Loss
Trump doesn't want his base to perceive him as a loser. So be prepared for scorched-earth politics from the Oval Office, including more savage verbal attacks on Barack Obama and Hillary Clinton, more baseless charges of voter fraud in the 2016 election, and further escalation of the culture wars. Donald Trump has never been committed to the rule of law. For him, it's all about winning.
(8 comments) SHARE Thursday, December 1, 2011 The Rebirth of Social Darwinism
Social Darwinism offered a moral justification for the wild inequities and social cruelties of the late nineteenth century. If one of the current crop of Republican hopefuls becomes president, and if regressive Republicans take over the House or Senate, or both, Social Darwinism is back.
(7 comments) SHARE Monday, June 4, 2018 A Second American Civil War?
Trump's immediate goal is to discredit Robert Mueller's investigation. But his strategy appears to go beyond that. In tweets and on Fox News, Trump's overall mission is repeatedly described as a "war on the deep state." The way Trump and his defenders are behaving, it's not absurd to imagine serious social unrest. That's how low he's taken us.
(5 comments) SHARE Saturday, November 4, 2017 Trump's Most Damning Legacy
In a series of tweets Friday morning, Trump directly called on the Justice Department and the FBI to "do what is right and proper" by launching criminal probes of Hillary Clinton. Trump's obvious aim was to deflect attention from special counsel Robert Mueller's probe of his campaign, and of the indictments issued against his campaign aides.
(17 comments) SHARE Wednesday, March 14, 2018 6 Ways Millennials Will Clean Up The Mess Boomers Left Them
A strong majority of Millennials think the country is on the wrong track. Most disapprove of both the Republican Party and the Democratic party. Virtually no Millennials -- only 6 percent -- strongly approve of Donald Trump, compared to 63 percent who disapprove. A strong majority -- 71 percent -- want a third major party to compete with Democrats and Republicans.
(4 comments) SHARE Tuesday, December 12, 2017 Tell The FCC Not To End Net Neutrality!
Since its creation, the internet has been an open exchange of ideas and information, free from corporate control and influence. But corporations could soon have tremendous power over what we can access and share online, ending the internet as we know it.
(12 comments) SHARE Monday, November 5, 2012 We the People, and the New American Civil War
So we come to the end of a bitter election feeling as if we're two nations rather than one. The challenge -- not only for our president and representatives in Washington but for all of us -- is to rediscover the public good.
(2 comments) SHARE Sunday, May 3, 2015 Trans Pacific Trickle-Down Economics
The Trans Pacific Partnership is being sold as a way to boost the U.S. economy, expand exports, and contain China's widening economic influence. In fact, it's just more trickle-down economics. The biggest beneficiaries would be giant American-based global corporations, along with their executives and major shareholders. What we should have learned about trickle-down economics is that nothing trickles down.
(19 comments) SHARE Friday, April 10, 2015 The Defining Moment, and Hillary Rodham Clinton
Hillary Clinton should make the moral case about power: for taking it out of the hands of those with great wealth and putting it back into the hands of average working people. In these times, such a voice and message make sense politically. The 2016 election will be decided by turnout, and turnout will depend on enthusiasm.
(1 comments) SHARE Friday, October 8, 2010 The Secret Big-Money Takeover of America
Not only is income and wealth in America more concentrated in fewer hands than it's been in 80 years, but those hands are buying our democracy as never before -" and they're doing it behind closed doors.
(2 comments) SHARE Saturday, March 23, 2019 Trump's Threats Grow More Ominous by the Day
Throughout his campaign and presidency, Trump has given cover to some of the most vile bigots in America. As he grows more desperate, he is giving them encouragement. It is our job and the job of all senators and representatives in Congress, regardless of party, and of military leaders to condemn hatred and violence in all its forms, even when the president of the United States makes excuses for it.
SHARE Monday, December 30, 2013 A New Year's Message
Despite do-nothing congressional Republicans, we ARE making progress around the country because Americans are organizing and mobilizing. Together we can make 2014 the year we turn the tide on economic inequality.
(4 comments) SHARE Monday, July 2, 2012 Mitt Romney and the New Gilded Age
The biggest players in this system have, like Romney, made their profits placing big bets with other people's money. If the bets go well, the players make out like bandits. If they go badly, the burden lands on average workers and taxpayers. Connect the dots of casino capitalism, and you get Mitt Romney.
(4 comments) SHARE Wednesday, March 27, 2019 The Real Trump Scandal Was Never Collusion
The essence of Trump's failure is that he has sacrificed the processes and institutions of American democracy to achieve his goals. By saying and doing whatever it takes to win, he has abused the trust we place in a president to preserve and protect the nation's capacity for self-government. Controversy over the Mueller report must not obscure this basic reality.
(5 comments) SHARE Sunday, January 7, 2018 Seriously, How Dumb is Trump?
Trump is a great political conman. He conned 62,979,879 Americans to vote for him in November 2016 by getting them to believe his lies about Mexicans, Muslims, African-Americans, Barack Obama, Hillary Clinton, and all the "wonderful," "beautiful" things he'd do for the people who'd support him. And he's still conning most of them.
(35 comments) SHARE Wednesday, July 12, 2017 The Art of the (Trump and Putin) Deal
Say you're Vladimir Putin, and you did a deal with Trump last year. Whether there was such a deal is being investigated. But if you are Putin and you did do a deal, what might Trump have agreed to do for you?
(20 comments) SHARE Saturday, July 15, 2017 The 10 Steps to Impeach a President
Only two presidents so far have been impeached by the House and had that impeachment go to the Senate for trial. The first was Andrew Johnson, in 1868, when the Senate came one vote short of convicting him. The next was 131 years later, in 1999, when Bill Clinton's impeachment went to the Senate. Fifty Senators voted to convict Clinton, 17 votes short of what was needed.
(9 comments) SHARE Tuesday, January 26, 2016 The Volcanic Core Fueling the 2016 Election
I've known Hillary Clinton since she was 19 years old, and have nothing but respect for her. In my view, she's the most qualified candidate for president of the political system we now have. But Bernie Sanders is the most qualified candidate to create the political system we should have, because he's leading a political movement for change.
(19 comments) SHARE Sunday, November 17, 2019 Warren doesn't just frighten billionaires -- she scares the whole establishment
Warren has repeatedly argued that taxing the super rich is the fairest and most efficient way to pay for critical needs. It would enable more parents to work, young people to become better educated, green technologies to take root, more access to healthcare, and the nation's infrastructure to be upgraded, would improve productivity.
(12 comments) SHARE Saturday, October 22, 2011 The Flat-Tax Fraud, And The Necessity Of A Truly Progressive Tax
Regressives are pushing the flat tax as a smokescreen. They'd rather not have anyone talk about the unfairness and fiscal absurdity of the current system. Rather than merely oppose the flat tax, sensible people should push for a truly progressive tax -- starting with a top rate of 70 percent on that portion of anyone's income exceeding $5 million, from whatever source.
(12 comments) SHARE Tuesday, July 27, 2010 The Great Decoupling of Corporate Profits from Jobs
Higher corporate profits no longer lead to higher employment. We're witnessing a great decoupling of company profits from jobs. The next supply-side economist who tells you companies need more incentive (i.e. lower taxes) before they'll hire is living on another planet.
(6 comments) SHARE Tuesday, June 5, 2012 The Big-Lie Coup d'Etat
Obama isn't adding to the debt every day. The debt is growing because of obligations entered into long ago, many under George W. Bush -- including two giant tax cuts that went mostly to the very wealthy that were supposed to be temporary and which are still going, courtesy of Republican blackmail over raising the debt limit.
(6 comments) SHARE Saturday, May 27, 2017 Making America Meaner
A president contributes to setting the norms of our society. Trump is setting them at a new low.
(57 comments) SHARE Thursday, March 31, 2016 Why The Major Media Marginalize Bernie
It's understandable, even if unjustifiable, that the major media haven't noticed how determined Americans are to reverse the increasing concentration of wealth and political power that have been eroding our economy and democracy. And it's understandable, even if unjustifiable, that they continue to marginalize Bernie Sanders.
(1 comments) SHARE Wednesday, February 19, 2020 Mike Bloomberg Takes The Debate
So far Bloomberg has spent more than $300 million on campaign advertising. That's more than Hillary Clinton spent on advertising during her entire presidential run. It's multiples of what all other Democratic candidates have spent, including billionaire Tom Steyer. Bloomberg has already spent more on Facebook ads than Trump, and more than Biden, Warren, Sanders and Buttigieg combined.
(2 comments) SHARE Thursday, November 8, 2012 Why John Boehner May Have More Leverage over the Tea Partiers in Congess
Tuesday wasn't exactly a repudiation of the Tea Party, and the public's rejection of Tea Party extremism on social issues doesn't automatically translate into rejection of its doctrinaire economics. But the election may have been enough of a slap in the face to cause Tea Partiers to rethink their overall strategy of intransigence.
SHARE Thursday, September 26, 2019 Trump's Economy Revealed
Donald Trump and his enablers are hoping that a strong economy will help the American people look past the damage they are doing to the country. That's why Trump is constantly crowing about job numbers and the stock market in order to paint a rosy picture of the economy. But when you look closer, the numbers reveal a very different story about Trump's economy.
SHARE Thursday, January 16, 2020 A Perfect Recipe For Tyranny
The system we now have featuring a president who lies through his teeth and two giant uncritical conveyors of those lies invites tyranny.
SHARE Friday, January 30, 2015 The Worst Trade Deal You Never Heard Of
The Trans-Pacific Partnership, now headed to Congress, is a product of big corporations and Wall Street, seeking to circumvent regulations protecting workers, consumers, and the environment.
(6 comments) SHARE Monday, March 14, 2016 The New Truth About Free Trade
Proponents say giant deals like the TPP are good for the growth of the United States economy. But that argument begs the question of whose growth they're talking about. Almost all the growth goes to the richest 1 percent. The rest of us can buy some products cheaper than before, but most of those gains would are offset by wage losses.
(12 comments) SHARE Tuesday, December 6, 2011 The Most Important Economic Speech of His Presidency
Here, finally, is the Barack Obama many of us thought we had elected in 2008. Hopefully Obama will carry this message through 2012 -- and in his second term will take on the growing inequities and game-rigging practices that have been undermining the American economy and American democracy for years.
SHARE Sunday, February 16, 2020 In his assault on justice, Trump has out-Nixoned Nixon
What occurred under Nixon is happening again. Trump neither understands nor cares about justice. He cares about nothing but himself. Like Nixon, he has usurped the independence of the Department of Justice for his own ends.
(5 comments) SHARE Tuesday, October 15, 2019 Trump is Selling Out America in Syria and Beyond
Donald Trump is a xenophobe in public and international mobster in private. He has brazenly sought private gain from foreign governments at the expense of the American people. This is shameful and criminal. At the very least, it is impeachable.
(3 comments) SHARE Saturday, February 3, 2018 20 broken promises of Donald Trump
Trump said he'd use his business experience to whip the White House into shape. But he has created the most dysfunctional, back-stabbing White House in modern history, and has already fired and replaced so many assistants (one of them hired and fired in a little more than a week) that people there barely know who's in charge of what.
(19 comments) SHARE Friday, September 4, 2015 What Happened to the Moral Center of American Capitalism?
The Dodd-Frank bill was an attempt to rein in Wall Street, but Wall Street lobbyists have almost eviscerated that act and have been mercilessly attacking the regulations issued. Republicans have not even appropriated sufficient money to enforce the shards of the act that remain. The Glass-Steagall Act must be resurrected. There has to be a limit on the size of big banks.
(7 comments) SHARE Sunday, September 18, 2011 Taxing the Rich, the Obama Way
When the President refers to his new initiative to raise taxes on millionaires as the "Buffett rule" we might expect he'd start the bargaining from a tough position. But this is Barack Obama, whose idea of negotiating is to give away half the house before he's even asked the other side for the bathroom sink.
(6 comments) SHARE Monday, March 18, 2019 Trump is cornered, with violence on his mind. We must be on red alert
Throughout his campaign and presidency, Trump has given cover to some of the most vile bigots in America. As he grows more desperate, he is giving them encouragement. It is our job -- and the job of all senators and representatives in Congress, regardless of party, and of military leaders -- to condemn hatred and violence in all its forms, even when the president of the United States makes excuses for it.
(8 comments) SHARE Monday, July 6, 2015 The Choice Ahead: A Private Health-Insurance Monopoly or a Single Payer
We'll soon have a health insurance system dominated by two or three mammoth for-profit corporations capable of squeezing employees and consumers for all they're worth -- and handing over the profits to their shareholders and executives. The alternative is a government-run single payer system -- such as is in place in almost every other advanced economy -- dedicated to lower premiums and better care.
(2 comments) SHARE Friday, November 2, 2018 Trump's 30 Broken Promises
He said he'd use his business experience to whip the White House into shape. You bought it. But he has created the most dysfunctional, back-stabbing White House in modern history, and has already fired and replaced so many assistants that people there barely know who's in charge of what.
(1 comments) SHARE Sunday, August 13, 2017 A National Calamity in the Making
Donald Trump responded to the violence in Charlottesville, Virginia, by condemning hatred "on many sides." His refusal to call it what it is, and condemn the neo-Nazis, white supremacists, and KKK members who perpetrated this violence, is a dangerous lie that fuels more hatred and violence.
(11 comments) SHARE Monday, March 23, 2015 Why College Isn't (and Shouldn't Have to be) for Everyone
Not every young person is suited to four years of college. They may be bright and ambitious but they won't get much out of it. They'd rather be doing something else, like making money or painting murals. They feel compelled to go to college because they've been told over and over that a college degree is necessary. Yet if they start college and then drop out, they feel like total failures.
(8 comments) SHARE Tuesday, December 10, 2019 Who Should Be The Next President?
Our odds of defeating Trump are best with either Elizabeth Warren or Bernie Sanders, as is our chance to make America the nation it should and can be.
(36 comments) SHARE Thursday, January 10, 2013 Debt Ceiling and Guns: Using Presidential Authority to the Fullest
It's a fair argument that when the nation is jeopardized -- whether in danger of defaulting on its debts or succumbing to mass violence -- a president is justified in using his authority to the fullest. Republicans
have not shied away from using whatever means available to them to get their way. The President should not be reluctant to play hardball, either.
SHARE Monday, April 1, 2019 Trump's Remorse (on April 1)
Nearly breaking down, Mr. Trump expressed remorse "for sowing hate and division... in America." He said "I have put a cloud over this presidency and disgraced this great country, for which I will feel ashamed for the rest of my life." He then announced he was resigning the presidency effective immediately.
(2 comments) SHARE Sunday, June 2, 2019 The gig is up: America's booming economy is built on hollow promises
About half of New York's Uber drivers are supporting families with children, yet 40% depend on Medicaid and another 18% on food stamps. It's similar elsewhere in the new American economy. Last week, the New York Times reported that fewer than half of Google workers are full-time employees. Most are temps and contractors receiving a fraction of the wages and benefits of full-time Googlers, with no job security.
(1 comments) SHARE Friday, November 2, 2012 The Three Biggest Democratic Takeaways from Election 2012
The overall lesson is simple, and Democrats used to know it. As Harry Truman put it in 1948, we need a government "that will work in the interests of the common people and not in the interests of the men who have all the money." That lesson needs to be relearned.
(5 comments) SHARE Friday, July 15, 2011 Can Obama Pull a Clinton on the GOP?
Will Barack Obama pull a Bill Clinton? His real problem is one Mr. Clinton didn't have to contend with: a continuing terrible economy. The recession in 1991-92 was relatively mild, and by the spring of 1995, the economy was averaging 200,000 new jobs per month. By early 1996, it was roaring--with 434,000 new jobs added in February alone.
(3 comments) SHARE Friday, February 17, 2012 Manufacturing Illusions
In the 1950s, more than a third of American workers were represented by a union. Now, fewer than 7 percent of private-sector workers have a union behind them. If there's a single reason why the median wage has dropped dramatically for non-college workers over the past three and a half decades, it's the decline of unions.
(2 comments) SHARE Tuesday, January 28, 2020 The Biggest Political Party in America You've Never Heard Of
If I asked you to name the biggest political party in the United States, what would be your answer? You probably have two guesses that come to mind: the Democratic party or the Republican party. Well, it's neither. It's the party of Non-Voters.
(24 comments) SHARE Saturday, August 19, 2017 Remove Him Now
We have endured Donald Trump for seven months. Although he has had few legislative victories, he has almost single-handedly destroyed the moral authority of the presidency of the United States at home and abroad, brought us to the brink of a nuclear war without consulting anyone, and sown division and hatred. How can this nation endure another 41 months of this man?
(13 comments) SHARE Sunday, October 20, 2019 It's Warren, Sanders or Biden vs Trump -- all the other Democrats are irrelevant
Americans deserve a full opportunity to assess these three candidates and decide which should take on Trump. It's not too late for the DNC to tighten the rules for who gets to debate next. The stakes could not be higher. This will be the most important election in modern American history. We, not just Democrats but all Americans, cannot afford to blow it.
(20 comments) SHARE Monday, August 7, 2017 Night Thoughts on Trump and America
With Donald Trump away vacationing at one of his golf resorts, the rest of us may have a chance to relax. But in truth it's more like a short break in a continuing nightmare. Just enough time to turn on the light, look at the clock and ponder where we are, before the nightmare envelopes us again.
(12 comments) SHARE Wednesday, December 24, 2014 The Government Problem
The size of government isn't the problem. That's a canard used to hide the far larger problem. The larger problem is that much of government is no longer working for the vast majority it's intended to serve. It's working instead for a small minority at the top. If government were responding to the public's interest instead of the moneyed interests, it would be smaller and more efficient.
(7 comments) SHARE Wednesday, December 21, 2011 Why the Republican Crackup is Bad For America
America has had a long history of white Southern radicals who will stop at nothing to get their way -- seceding from the Union in 1861, refusing to obey Civil Rights legislation in the 1960s, shutting the government in 1995, and risking the full faith and credit of the United States in 2010. Gingrich's recent assertion that public officials aren't bound to follow the decisions of federal courts derives from the same tradition.
(3 comments) SHARE Saturday, July 27, 2019 The Real Reason For Impeachment
An impeachment inquiry in the House is unlikely to send Trump packing before Election Day 2020 because Senate Republicans won't convict him. And it's impossible to know whether an impeachment inquiry will hurt or help Trump's chances of being reelected. Does this mean impeachment should be off the table? No.
(33 comments) SHARE Saturday, December 10, 2016 Trump's Creeping Tyranny
Trump doesn't take kindly to anyone criticizing him -- not journalists (whom he refers to as "dishonest," "disgusting" and "scum" when they take him on), not corporate executives, not entertainers who satirize him, not local labor leaders, not a college student, no one. We must join together to condemn these acts. Has Trump no decency?
(18 comments) SHARE Wednesday, July 15, 2015 Hillary Clinton's Glass-Steagall
people who believe Hillary Clinton is still too close to Wall Street will not be reassured by her position on Glass-Steagall. Many will recall that her husband led the way to repealing Glass Steagall in 1999 at the request of the big Wall Street banks. It's a big mistake economically because the repeal of Glass-Steagall led directly to the 2008 Wall Street crash, and without it we're in danger of another one.
(8 comments) SHARE Tuesday, August 9, 2016 The Real Threat to American Sovereignty
Donald Trump is right to worry about American sovereignty. But the real threat to our sovereignty isn't imports or immigrants. It's global money influencing our politics.
Protecting our democracy requires two steps that Trump and his leading supporters oppose: First, enforce our laws against soliciting or receiving foreign money in our election campaigns. Second, reverse "Citizens United."
(2 comments) SHARE Saturday, August 31, 2019 Nine Ways to Stay Sane During the Primaries
As the presidential primaries get underway, it's easy to get burnt out or overwhelmed by all the candidates and their platforms. Here are nine ways to stay sane through the madness of the presidential primaries.
(1 comments) SHARE Sunday, March 1, 2020 Trump's Coronavirus Calamity
A new and especially virulent contagious virus is bad enough. That it is spreading at a time when the US government is headed by an incompetent and vindictive paranoid who denies it, blames his opponents for it, and dismantles what's left of the institutions that could contain it, makes the danger far worse.
(20 comments) SHARE Saturday, February 4, 2017 A Yinnopoulos, Bannon, Trump Plot to Control American Universities?
The events at Berkeley Wednesday night have been a boon to Milos Yiannopoulos, of Breitbart News, and to Steve Bannon, formerly head of Breitbart News and now Trump's consigliere. According to a promotional Breitbart story that ran before the event, Yiannopoulos was going to "call for the withdrawal of federal grants and the prosecution of university officials who endanger their students with their policies."
(1 comments) SHARE Saturday, September 9, 2017 Trump's Policy Catastrophe
Trump decisions other than DACA -- banning transgender people from military service, siding in court with a businessman who doesn't want to sell his services to gay couples, weakening the standard for responding to sexual violence in universities, demanding money for his "wall," banning Syrian refugees and reducing by half the number of refugees admitted to the United States.
(5 comments) SHARE Wednesday, June 15, 2011 Why the Republican War on Workers' Rights Undermines the American Economy
Republicans in Congress are taking aim at the National Labor Relations Board, which issued a relatively minor proposed rule change allowing workers to vote on whether to unionize soon after a union has been proposed, rather than allowing employers to delay the vote for years. Many employers have used the delaying tactics to retaliate against workers who try to organize, and intimidate others into rejecting a union.
(3 comments) SHARE Sunday, December 11, 2011 The Remarkable Political Stupidity of the Street
Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it's busily shredding new regulations and making the public more distrustful than ever.
(5 comments) SHARE Sunday, May 10, 2020 Under Trump, American exceptionalism means poverty, misery and death
America has the tragic distinction of accounting for about 30% of pandemic deaths so far. And it is the only advanced nation where the death rate is still climbing. Three thousand deaths per day are anticipated by 1 June. No other nation has loosened lock-downs and other social-distancing measures while deaths are increasing, as the US is now doing.
SHARE Thursday, January 30, 2020 Presidential Primaries: What You Need to Know
Every four years, our country holds a general election to decide who will be our next president. Before that happens, though, each party must choose its candidate through primary elections. But our system of primaries can be a bit confusing.
(1 comments) SHARE Sunday, December 22, 2019 How Trump has betrayed the working class
Democrats have an historic chance to do what they should have done years ago: create a multi-racial coalition of the working class, middle class, and poor, dedicated to reclaiming the economy for the vast majority and making democracy work for all.
(3 comments) SHARE Monday, January 26, 2015 Wall Street's Threat to the American Middle Class
Do we really need reminding about what happened six years ago? The financial collapse crippled the middle class and poor -- consuming the savings of millions of average Americans, and causing 23 million to lose their jobs, 9.3 million to lose their health insurance, and some 1 million to lose their homes.
(4 comments) SHARE Thursday, August 25, 2011 This Labor Day We Need Protest Marches Rather than Parades
Washington is paralyzed, the President seems unwilling or unable to take on labor-bashing Republicans, and several Republican governors are mounting direct assaults on organized labor. So let's bag the picnics and parades this Labor Day. American workers should march in protest. They're getting the worst deal they've had since before Labor Day was invented -- and the economy is suffering as a result.
(1 comments) SHARE Wednesday, December 25, 2019 5 Ways to Stop Corporations From Ruining the Future of Work
Tackling big ambitious goals like transitioning to clean energy can encourage collaboration between different sectors of the economy. Backed by the right technologies, they can also be sources of the good jobs of the future.
(21 comments) SHARE Saturday, July 16, 2016 Trustworthy Hillary
The near tie is particularly astonishing given that Trump has no experience and offers no coherent set of policies or practical ideas but only venomous bigotry and mindless xenophobia, while Hillary Clinton has a boatload of experience, a storehouse of carefully-crafted policies, and a deep understanding of what the nation must do in order to come together and lead the world.
(7 comments) SHARE Thursday, May 7, 2015 Why Nike Is the Problem, Not the Solution
Americans made only 1 percent of the products that generated Nike's $27.8 billion revenue last year. And Nike is moving ever more of its production abroad. Last year, a third of Nike's remaining 13,922 American production workers were laid off. Trade agreements like the Trans Pacific Partnership protect corporate investors but lead to even more off-shoring of American jobs.
(1 comments) SHARE Sunday, July 21, 2019 Of course Donald Trump is a racist -- and his Wall Street enablers know it
Wall Street is delighted with what Trump and Senate Republicans are giving it: tax cuts and regulatory rollbacks.
Last year it saved JP Morgan and the other big banks $21bn.
The result has been vastly more money for the Street. Last year's bonus pool totaled $27.5bn more than three times the combined incomes of the approximately 600,000 Americans earning the minimum wage.
(2 comments) SHARE Wednesday, June 21, 2017 The Case for Obstruction of Justice Against Trump
A decision to support an "inquiry of impeachment" resolution in the House -- to start an impeachment investigation -- doesn't depend on sufficient evidence to convict a person of obstruction of justice, but simply probable cause to believe a president may have obstructed justice. There's already more than enough evidence of probable cause to begin that impeachment inquiry of Donald Trump.
(5 comments) SHARE Sunday, July 7, 2019 There is no "right" v "left": it is Trump and the oligarchs against the rest
The oligarchs know politicians won't bite the hands that feed them. So as long as they control the money, they can be confident there will be no meaningful response to stagnant pay, climate change, military bloat or the soaring costs of health insurance, pharmaceuticals, college and housing. The only way to overcome the oligarchy and Trump's divide-and-conquer strategy is for us to join together and win America back.
(2 comments) SHARE Sunday, October 27, 2019 No wonder Wall Street fears Warren and Sanders -- they speak for the people
The only way Democrats win is with an agenda of fundamental democratic and economic reform, such as provided by Warren and also by Sanders. Unless Democrats stand squarely on the side of democracy against oligarchy, the risk on election day is that too many Americans will either stand with Trump or stay home.
SHARE Thursday, June 2, 2011 The Truth About the American Economy - Part 2
Washington's paralysis in the face of a stalled recovery is bad news - not just for average Americans but for the world. Ironically, it also worsens America's future budget crisis because it postpones the day when the debt begins to shrink as a proportion of the GDP. Yet as the 2012 election season looms, the prospects for sensible policy seem to decrease by the day.
(7 comments) SHARE Saturday, February 17, 2018 The Real Meaning of America
We are not a race. We are not a creed. We are a conviction -- that all people are created equal, that people should be judged by the content of their character rather than the color of their skin, and that government should be of the people, by the people, and for the people. Yet the common good seems to have disappeared. The phrase is rarely uttered today, not even by commencement speakers and politicians.
(2 comments) SHARE Tuesday, January 17, 2012 Free Enterprise on Trial
Obama and the Democrats shouldn't allow Romney and the Republicans to act as defenders of risk-taking free enterprise. Americans need to know the truth. The only way the economy can thrive is if we have more risk-taking at the top, and more economic security below.
(2 comments) SHARE Saturday, August 2, 2014 Work and Worth
What's the worth to society of social workers who put in long and difficult hours dealing with patients suffering from mental illness or substance abuse? Probably higher than their average pay of $18.14 an hour, which translates into less than $38,000 a year.
(9 comments) SHARE Saturday, October 6, 2012 The Politics of the Jobs Report
Romney says we're not doing well enough, and he's right. But the prescriptions he's offering, the cuts he proposes in public investments like education and infrastructure, and safety nets like Medicare and Medicaid, will take money out of the pockets of people who not only desperately need it but whose spending is necessary to keep the tepid recovery going.
(3 comments) SHARE Tuesday, October 1, 2019 The Real Lesson of Ukraine-gate: Trump Will Do Anything To Win in 2020
Trump has shown himself willing to trample any aspect of our democracy that gets in his way attacking the media, using the presidency for personal profit, packing the federal courts, verbally attacking judges, blasting the head of the Federal Reserve, spending money in ways Congress did not authorize, and subverting the separation of powers.
(12 comments) SHARE Wednesday, February 11, 2015 Corporations Taking USA Back to the 19th Century
Now we seem to be heading back to nineteenth century. Corporations are shifting full-time work onto temps, free-lancers, and contract workers who fall outside the labor protections established decades ago. The nation's biggest corporations and Wall Street banks are larger and more potent than ever. And labor union membership has shrunk to fewer than 7 percent of private-sector workers.
(3 comments) SHARE Saturday, September 15, 2012 Two Cheers for the Fed: At Least It's Not Obsessing About the Budget Deficit
Hello? Can we please stop obsessing about the federal budget deficit? Repeat after me: America's #1 economic problem is unemployment. Our #1 goal should be to restore job growth. Period. The Federal Reserve Board understands this. And at least it's trying. But it can't succeed on its own. Global lenders are giving us a way out. Let's take advantage of the opportunity.
(10 comments) SHARE Monday, October 24, 2011 Why We Shouldn't Be Selling The Right To Live In America
Rather than have the big banks carry all those non-performing mortgage loans on their books or be forced to write them down, we'll just goose the housing market by selling off the right to live in America. And the measure wouldn't allow in the world's riff-raff, because buyers would have to be rich enough to pay cash, and live here six months a year without working.
SHARE Tuesday, December 26, 2017 A Year With Trump
America has had its share of crooks (Warren G. Harding, Richard Nixon), bigots (Andrew Jackson, James Buchanan), and incompetents (Andrew Johnson, George W. Bush). But never before Donald Trump have we had a president who combined all these nefarious qualities. In less than a year, he has degraded the core institutions and values of our democracy.
(23 comments) SHARE Sunday, November 30, 2014 Patrolling the Boundaries Inside America
parents are intent on policing the boundaries, lest a child whose parents haven't paid the "tuition" reap the same advantages as their own child. Hell hath no fury like an upscale parent who thinks another kid is getting an unfair advantage by sneaking in under the fence.
(2 comments) SHARE Thursday, July 5, 2012 How Not to Get Big Pharma to Change Its Ways
There's no good reason why doctors should be allowed to accept any perks at all from companies whose drugs they write prescriptions for. It's an inherent conflict of interest. Codes of ethics that are supposed to limit such gifts obviously don't work. All perks should be banned, and doctors that accept them should be subject to potential loss of their licenses to practice.
(23 comments) SHARE Friday, November 18, 2016 The Democratic Party Lost Its Soul. It's Time to Win it Back.
Many vested interests don't want the Democratic party to change. Most of the money it raises ends up in the pockets of political consultants, pollsters, strategists, lawyers, advertising consultants and advertisers themselves, many of whom have become rich off the current arrangement. They naturally want to keep it.
(3 comments) SHARE Friday, March 16, 2012 Why Republicans Aren't Mentioning the Real Cause of Rising Prices at the Gas Pump
Wall Street is betting on higher oil prices in the future -- and that betting is causing prices to rise. The Street is laying odds that unrest in Syria will spill over into other countries or that tensions with Iran will affect the Persian Gulf, and that global demand will pick up as American consumers bounce back to life.
(1 comments) SHARE Saturday, February 15, 2020 Buying the Presidency
Big money inevitably engulfs politics, which is why a handful of extremely rich people like Bloomberg have more influence than any comparable group since the robber barons of the early 20th century.
SHARE Wednesday, November 20, 2019 The Real Deal with Medicare for All
Medicare for All is better than our present system, because it's based on the simple and proven idea that we shouldn't be paying private for-profit corporate insurers boatloads of money to get the insurance we need.
(2 comments) SHARE Sunday, June 21, 2020 Who's Really Looting America?
Every year, American employers steal a combined $15 billion in income from their workers, whether white, black or brown. Corporations in America are also looting billions in taxes through loopholes, write-offs, and special exemptions they've successfully lobbied for.
(6 comments) SHARE Saturday, July 23, 2011 Why Medicare Is the Solution -- Not the Problem
Americans spend more on health care per person than any other advanced nation and get less for our money. Yearly public and private healthcare spending is $7,538 per person. That's almost two and a half times the average of other advanced nations. Medical costs are soaring because our health-care system is totally screwed up.
SHARE Saturday, October 26, 2019 Trump's Emoluments Mess
Trump's violation of the emoluments clause should be added to the likely grounds for impeachment already being investigated, seeking the help of a foreign power in an election, and obstruction of justice.
(4 comments) SHARE Friday, November 23, 2018 The Rule of Law
Democracies depend on what's known as the "rule of law." No person is above the law, not even a president. Which means a president cannot stop an investigation into his alleged illegal acts. A president cannot prosecute political opponents or critics. Yet Trump has repeatedly pushed the Justice Department to bring charges against Hillary Clinton.
SHARE Wednesday, November 1, 2017 Trump's Trojan Horse Tax Cut
The goal of Trump and the Republican leaders is to pull off a giant redistribution of over $1 trillion from the middle-class, working-class, and poor to the rich, who are already richer than ever. Republicans have just passed a budget that would cut nearly $1.5 trillion from Medicare and Medicaid to pay for these tax cuts.
(25 comments) SHARE Monday, September 19, 2016 Why You Really Must Get Behind Hillary, Now
The movement Bernie energized must not and will not end. But Donald Trump, were he to become president, would set back the cause for decades. There are just over seven weeks until Election Day. My request to those of you who still don't want to vote for Hillary Clinton: Please reconsider. It is no exaggeration to say the fate of the nation and the world are at stake.
(2 comments) SHARE Sunday, January 5, 2014 The Year of the Great Redistribution
The stock market ended 2013 at an all-time high -- giving stockholders their biggest annual gain in almost two decades. Most Americans didn't share in those gains, however, because most people haven't been able to save enough to invest in the stock market. More than two-thirds of Americans live from paycheck to paycheck.
(2 comments) SHARE Sunday, August 12, 2012 The Ryan Choice
In Ryan's views and policy judgments we find the true ideologue. More than any other politician today, Paul Ryan exemplifies the social Darwinism at the core of today's Republican Party: Reward the rich, penalize the poor, let everyone else fend for themselves. Dog eat dog.
(1 comments) SHARE Friday, September 20, 2019 Trump is a Clear and Present Danger to America and the World
We have to face the truth that no one seems to want to admit. This is no longer a case of excessive narcissism or grandiosity. We're not simply dealing with an unusually large ego. The president of the United States is seriously, frighteningly, dangerously unstable. And he's getting worse by the day. Such a person in the Oval Office can do serious damage.
SHARE Tuesday, October 29, 2019 Trump's Theft Is Impeachable on Its Own
Trump has been funneling government dollars into his own pockets ever since he was elected. The Doral deal was just too much even for his Republican enablers to stomach. Since he's been president, Trump has spent almost a third of his time at one or another of his resorts or commercial properties, costing taxpayers a bundle but giving those resorts incomparable publicity.
(1 comments) SHARE Monday, November 20, 2017 The New Poll Tax
In nine states, Republican legislators have enacted laws that disenfranchise anyone with outstanding legal fees or court fines. For example, in Alabama more than 100,000 people who owe money -- roughly 3 percent of the state's voting-age population -- have been struck from voting rolls.
(6 comments) SHARE Sunday, June 30, 2019 Democrats must just bring down Trump -- for the sake of the world
Imagine an opposition political party in a land being taken over by an oligarchy, headed by a would-be tyrant. The opposition party will soon face another election in which it could possibly depose the tyrant and overcome the oligarchy. But at the rate they are consolidating power over the courts, politics and the media this could be the opposition's last chance.
(2 comments) SHARE Saturday, August 20, 2011 Stock Tip: Be Worried. Workers are Consumers.
We're slouching toward a double dip, and the stock market is imploding, because consumers -- whose spending is 70 percent of the economy -- have reached their limit.
(1 comments) SHARE Saturday, December 2, 2017 The True Path to Prosperity
The only way to grow the economy is by investing in the education, healthcare, and infrastructure that average Americans need in order to be more productive. Growth doesn't "trickle down." It rises up.
SHARE Wednesday, March 11, 2015 The 3 Biggest Myths Blinding Us to the Economic Truth
We should worry most about the size of government. Wrong. We should worry about who government is for. When big money from giant corporations and Wall Street inundate our politics, all decisions relating to creating jobs and the choice between the "free market" or "government" become rigged against average working Americans.
SHARE Wednesday, March 4, 2020 Mitch McConnell's Do-Nothing Republicans.
America used to have a Senate that served the people. But under Mitch McConnell's leadership, what was once the world's greatest deliberative body has become a partisan circus. He and his Republican colleagues have done nothing to benefit the American people, ignoring the voices of their constituents in order to serve the will of Donald Trump and Republican fat cats.
(3 comments) SHARE Thursday, March 24, 2011 Why Governor LePage Can't Erase History, and Why We Need a Fighter in the White House
Pro-business goals are breaking out all over. Governors across America are slashing corporate taxes as they slash state budgets. House and Senate Republicans are intent on deregulating, privatizing, and cutting spending and taxes so their corporate and Wall Street patrons will do even better. But most Americans are still in desperate trouble. Few if any of the economic gains are trickling down.
(1 comments) SHARE Friday, December 27, 2019 The Darth Vader of Washington
As the walls close in around his Dear Leader next year, McConnell will only become more bold in subverting the will of the people to protect Trump's interests.
(3 comments) SHARE Sunday, February 2, 2020 The Real Reason America Is Divided
The Great Divider knows how to pit native-born Americans against immigrants, the working class against the poor, whites against blacks and Latinos, evangelicals against secularists, keeping almost everyone stirred up by vilifying, disparaging, denouncing, defaming and accusing others of the worst. Trump thrives off disruption and division.
(2 comments) SHARE Saturday, June 17, 2017 Government Of, By, and For Trump
The horrifying reality is that in Trumpworld, there is no real "public" role. It's all about protecting and benefiting Trump. When loyalty trumps integrity, we no longer have a government of laws. We have a government by and for Trump.
(3 comments) SHARE Monday, March 5, 2018 Trump's Brand is Ayn Rand
Who is Ayn Rand and why does she matter? Ayn Rand -- best known for two highly-popular novels still widely read today -- "The Fountainhead," published in 1943, and "Atlas Shrugged," in 1957 -- didn't believe there was a common good. She wrote that selfishness is a virtue, and altruism is an evil that destroys nations. This utter selfishness, contempt for the public, this win-at-any-cost mentality is eroding American life.
(9 comments) SHARE Tuesday, March 3, 2015 Will the Democratic Nominee for 2016 Take on the Moneyed Interests?
The big unknown is whether the Democratic nominee will also take on the moneyed interests -- the large Wall Street banks, big corporations, and richest Americans -- which have been responsible for the largest upward redistribution of income and wealth in modern American history. Failure to take on the moneyed interests sacrifices the potential enthusiasm of millions of voters.
(1 comments) SHARE Tuesday, April 7, 2015 The Big Chill: How Big Money Is Buying Off Criticism of Big Money
This isn't a matter of ideology. Wealthy progressives can exert as much quiet influence over the agendas of nonprofits as wealthy conservatives. Philanthropy is noble. But when it's mostly in the hands of a few super-rich and giant corporations, and is the only game available, it can easily be abused. Our democracy is directly threatened when the rich buy off politicians.
(6 comments) SHARE Friday, October 11, 2013 The Tea Party Republicans' Biggest Mistake: Confusing Government with Our System of Government
Americans distrust big government, and always will. There's ample reason -- especially given the huge sums now bankrolling politicians, coming from a relative handful of billionaires, big corporations, and Wall Street. But we love our system of government. That's what must be strengthened. The Tea Partiers have overplayed their hand. If they don't stop their recklessness, they'll be out of the game.
(4 comments) SHARE Thursday, May 14, 2015 Ten Ideas to Save the Economy #3: Expand Social Security
Social Security will be there for you in your retirement. The problem is it won't pay you enough. That's why it's important to expand Social Security -- not cut Social Security benefits. How? We can afford to increase Social Security benefits, as well as help ensure the solvency of Social Security, by eliminating the cap on income subject to Social Security taxes.
(1 comments) SHARE Wednesday, August 2, 2017 A Summer Survival Guide For The Trump Era
See what resources you yourselves can offer to your community. Start a tool collective or teach a class in a library or out of someone's house. Tangible change can come from your hands, not only your votes. Remember, resistance works best when people come together and work together.
(2 comments) SHARE Wednesday, July 3, 2019 Should We Abolish Billionaires?
America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet. With such staggering inequality, it's fair to ask: should we abolish billionaires? Billionaires themselves aren't the problem. The real failure is in how our economy is organized.
(2 comments) SHARE Wednesday, July 19, 2017 6-Month Update for Trump Voters
He said he'd clean the Washington swamp. You bought it. But he's brought into his administration more billionaires, CEOs, and Wall Street moguls than in any administration in history, to make laws that will enrich their businesses, along with former lobbyists, lawyers and consultants who are crafting new policies for the same industries they recently worked for.
(4 comments) SHARE Friday, November 1, 2013 Why Washington Is Cutting Safety Nets When Most Americans Are Still in the Great Recession
It's easy to blame Republicans and the right-wing billionaires that bankroll them, and their unceasing demonization of "big government" as well as deficits. But Democrats in Washington bear some of the responsibility. In last year's fiscal cliff debate neither party pushed to extend the payroll tax holiday or find other ways to help the working middle class and poor.
(1 comments) SHARE Wednesday, August 21, 2019 The 5-Step CEO Pay Scam
We must stop CEOs from corrupting American politics with big money. Get big money out of our democracy. Fight for campaign finance reform.
Grossly widening inequalities of income and wealth cannot be separated from grossly widening inequalities of political power in America. This corruption must end.
(2 comments) SHARE Sunday, March 8, 2020 Why Young Voters Still Love Bernie
When middle-aged and older people feel unsafe, they run to the familiar and reliable, even if it's deadly dull. Younger people who feel threatened are more likely to take risks in hopes of finding something better.
(6 comments) SHARE Wednesday, November 6, 2019 Case Closed. There's No Question the Founding Fathers Would Impeach Trump
Trump's entire presidency has been shadowed by questions of foreign interference favoring him. Special counsel Robert Mueller's investigation documented extensive contacts between Trump's associates and Russian figures -- concluding that the Kremlin sought specifically to help Trump get elected, and that Trump's campaign welcomed Russia's help.
(3 comments) SHARE Sunday, November 10, 2019 Power and Lies
Facebook and Twitter aren't just participants in the information marketplace. They're quickly becoming the information marketplace. Antitrust law was designed to check the power of giant commercial entities. Its purpose wasn't just to hold down consumer prices but also to protect democracy. Antitrust should be used against Facebook and Twitter. They should be broken up.
(6 comments) SHARE Tuesday, October 30, 2012 Romney's Latest Lie, His Former Lies, and Why We Must Not Put Liars in the White House
Anyone who tells or countenances lies such as Romney tells cannot be trusted to hold the highest office in our land, because he has no compunctions about feeding false information to the public. In recent memory we've had a president who told us there were "weapons of mass destruction" in Iraq, when in fact there were none. We dare not risk another George W. Bush.
(4 comments) SHARE Saturday, December 9, 2017 Why Making American Corporations More Competitive Doesn't Help Most Americans
Most American corporations -- especially big ones that would get most of the planned corporate tax cuts -- have no particular allegiance to America. Their only allegiance is to their shareholders. So restoring their "competitive edge" has little or nothing to do with helping American workers.
(1 comments) SHARE Friday, August 10, 2012 Erasing W
The GOP is counting on America's notoriously short-term memory to blot out the last time the nation put a Republican into the Oval Office, on the reasonable assumption that such a memory might cause voters to avoid making the same mistake twice. As whoever-it-was once said, "fool me once ..." (and then mangled the rest).
SHARE Thursday, July 4, 2019 Moderates and Centrists Are No Safe Bet
The country has been taken over by undocumented immigrants, Latinos, African-Americans, and a "deep state" of coastal liberals, intelligence agencies, and mainstream media. This is rubbish, of course, but the tyrant is masterful at telling big lies, and he is backed by the oligarchy's big money.
(1 comments) SHARE Tuesday, January 7, 2020 Trump leaves Defense Department in disarray
Surrounded by inexperienced "yes men" who cannot, or will not, control his worst impulses, Trump has brashly brought us to the brink of an international crisis.
SHARE Wednesday, August 17, 2016 Aetna Shows Why We Need a Single Payer
The problem isn't Obamacare per se. It's in the structure of private markets for health insurance -- which creates powerful incentives to avoid sick people and attract healthy ones. Obamacare is just making the structural problem more obvious. Insurers that take in too many sick and too few healthy people are driven out of business.
(3 comments) SHARE Saturday, March 22, 2014 The Real Truth About ObamaCare
Remedies could evolve. States might use their state-run exchanges to funnel so many applicants to a single, low-cost insurer that the insurer becomes, in effect, a single payer. Vermont is already moving in this direction. In this way, the Affordable Care Act could become a back door to a single-payer system -- every conservative's worst nightmare.
(1 comments) SHARE Sunday, June 23, 2019 Forget China -- it's America's own economic system that's broken
The American economic system is focused on maximizing shareholder returns. And it's achieving that goal: on Friday, the S&P 500 notched a new all-time high. But average Americans have seen no significant gains in their incomes for four decades, adjusted for inflation.
SHARE Wednesday, December 4, 2019 Who is Worse: Donald Trump or Mitch McConnell?
As to the question of who is worse, Trump or McConnell, the answer is that it's too close to call. The two of them have degraded and corrupted American democracy. We need them both out.
(17 comments) SHARE Tuesday, January 12, 2016 "The Big Short" and Bernie's Plan to Bust Up Wall Street
The only way to contain the Street's excesses is by taking on its economic and political power directly -- with reforms so big, bold, and public they can't be watered down. Starting with busting up the biggest banks, as Bernie Sanders proposes. Unless they're broken up and Glass-Steagall resurrected, we face substantial risk of another near-meltdown.
(2 comments) SHARE Monday, September 5, 2016 A Message to Working People on Labor Day from a former labor secretary
Your typical wage is below what it was in the late 1970s, in terms of what it can buy. Two-thirds of you are living paycheck to paycheck. Almost 30 percent of you don't have steady employment: You're working part-time or on contract, with none of the labor protections created over the last 80 years. Yet the American economy is twice as large as it was in the late 1970s.
(2 comments) SHARE Wednesday, January 22, 2020 How Trump Manufactured the Hunter Biden-Ukraine Scandal
For months, Trump and his Republican enablers have been selling a counter-narrative, to distract from Trump's effort to get Ukraine to dig up dirt on Joe Biden, and Russia's attempt in 2016 to help Trump win the election.
(2 comments) SHARE Sunday, June 28, 2020 Layoffs
While millions of Americans have lost their jobs during this pandemic, America's billionaires have grown their wealth by more than $500 billion. It's never been more clear: Profit-sharing needs to make a comeback.
(4 comments) SHARE Friday, October 13, 2017 Is Trump Unraveling?
Gabriel Sherman of Vanity Fair, who wrote that the situation has gotten so out of control that Trump's chief of staff, John Kelly, and Secretary of Defense Jim Mattis have discussed ways to stop Trump should he order a nuclear attack. Kelly has tried to keep Trump focused by intercepting outside phone calls to the White House and restricting access to the Oval Office.
(22 comments) SHARE Wednesday, June 7, 2017 The Real Leaky Problem
The arrest of Reality Leigh Winner, a 25-year-old federal contractor from Atlanta, Georgia, for leaking a National Security Agency report describing in far more detail than previously known Russian efforts to intrude in the 2016 election on behalf of Trump, comes in the midst of a deluge of Trump tweets and leaks.
(2 comments) SHARE Saturday, November 3, 2012 Romneyism
Despite its contradictions and ellipses, Romneyism has an internal coherence. It is different from conservatism, because it does not intend to conserve or protect any particular institutions or values. It is also distinct from Republicanism, in that it is not rooted in traditional small-town American values, nationalism, or states' rights.
(8 comments) SHARE Monday, August 1, 2016 The Real Reckoning
Hillary Clinton said in her acceptance speech, "I believe that our economy isn't working the way it should because our democracy isn't working the way it should." She's correct, but she didn't finish the logic. Democracy is not working the way it should because it's being corrupted by big money. That big money is altering the rules of the game to generate even bigger money.
(1 comments) SHARE Tuesday, October 8, 2019 Why 2020 Won't Be Won By Centrists
Beating Donald Trump requires getting out the vote. And in order to get people to turn out and vote, a presidential candidate has to be inspiring. Which means big ideas, a vision of an America that could become a reality if we all got behind it, a sense of where we need to be heading.
(11 comments) SHARE Sunday, August 20, 2017 How to Remove Trump
Inside the administration, there are moves to contain and isolate the manchild. On foreign policy, the Axis of Adults -- Chief of staff General John Kelly, national security advisor General H.R. McMaster, and Secretary of State Rex Tillerson -- are asserting tighter control, especially after Trump's tweetstorm over North Korea.
(1 comments) SHARE Tuesday, August 21, 2012 The Fanatical GOP
Although the GOP crackup may bode well for Democrats this coming Election Day, it bodes ill for America. The capture of one of our great parties by fanatics is nothing to celebrate. A democracy needs at least two sane political parties.
SHARE Tuesday, September 12, 2017 Trump's Obstruction Of Justice
Obstruction of justice was among the articles of impeachment drafted against both Presidents Nixon and Clinton. The parallel between Nixon and Trump is almost exact. White House tapes revealed Nixon giving instructions to pressure the acting FBI director into halting the Watergate investigation.
(1 comments) SHARE Sunday, March 18, 2018 Trump -- The Mad King
Narcissists are dangerous because they think only about themselves. Megalomaniacs are dangerous because they think only about their power and invincibility. A narcissistic megalomaniac who's unconstrained -- and who's also president of the United States -- is about as dangerous as they come. World leaders are now taking Trump's braggadocio and ignorance for granted, acting as if America has no president.
(3 comments) SHARE Sunday, March 31, 2019 Corporations are endangering Americans. Trump doesn't care
Big money has had an inhibiting effect on regulators in several previous administrations. What's unique under Trump is the blatancy of it all, and the shameless willingness of Trump appointees to turn a blind eye to corporate wrongdoing.
(1 comments) SHARE Saturday, November 2, 2019 Democrats Reject Oligarchy or Else
In the conventional view of American politics, Joe Biden is a moderate while Elizabeth Warren and Bernie Sanders are on the left and Donald Trump is on the right. This conventional view is rubbish. Today's great divide is not between left and right. It's between democracy and oligarchy.
(7 comments) SHARE Sunday, January 17, 2016 Six Responses to Bernie Skeptics
Bernie is the strongest Democratic candidate in the general election, defeating both Donald Trump and Ted Cruz in hypothetical matchups. (The latest Real Clear Politics averages of all polls shows Bernie beating Trump by a larger margin than Hillary beats Trump, and Bernie beating Cruz while Hillary loses to Cruz.)
(1 comments) SHARE Tuesday, February 25, 2020 5 Ways William Barr is Turning America into a Dictatorship
William Barr was installed as Attorney General specifically to turn the Department of Justice into an arm of the Trump Coverup. And we've seen him do exactly that. Barr has corrupted and politicized the Department of Justice, working hand in hand with Donald Trump to bend federal law enforcement to the president's will.
(4 comments) SHARE Friday, August 24, 2012 Romney's Lying Machine
Every campaign is guilty of exaggerations, embellishments, distortions, and half-truths. But this is another thing altogether. I've been directly involved in seven presidential campaigns, and I don't recall a presidential candidate lying with such audacity, over and over again. Why does Romney do it, and how can he get away with it?
(7 comments) SHARE Tuesday, March 17, 2015 The "iEverything" and the Redistributional Imperative
Most of us will have less and less money to buy the dazzling array of products and services spawned by blockbuster technologies -- because those same technologies will be supplanting our jobs and driving down our pay. We need a new economic model.
(5 comments) SHARE Wednesday, November 7, 2018 America Rejects Trumpism
The nation has repudiated Trump, but do not believe for a moment that our national nightmare is over. Trump still occupies the White House and in all likelihood will be there for two more years. The Republican Party remains in control of the Senate.
(4 comments) SHARE Thursday, December 23, 2010 The Attack on American Education
Have we gone collectively out of our minds? Our young people -- their capacities to think, understand, investigate, and innovate -- are America's future. In the name of fiscal prudence we're endangering that future.
(4 comments) SHARE Sunday, February 22, 2015 Why We're All Becoming Independent Contractors
Any corporation that accounts for at least 80 percent of the work someone does, or receives at least 20 percent of his or her earnings, should be presumed to be that person's "employer." Congress doesn't have to pass a new law to make this the test of employment. The Labor Department and the IRS have the power to do this on their own, through their rule making authority. They should do so. Now.
SHARE Sunday, February 23, 2020 The Real Cost of Doing Nothing
We can no longer pretend that climate change, a wildly dysfunctional healthcare system and a yawning deficit in public investment pose insignificant challenges. Doing nothing or doing too little will make them far worse. Obsessing about the cost of addressing them without acknowledging the cost of failing to address them is dangerously irresponsible.
(7 comments) SHARE Wednesday, October 19, 2011 The Austerity Death-Trap
The only way out of this vicious cycle is for the government -- the spender of last resort -- to boost the economy. The regressives are all calling for the opposite. And if you think 2011 is bad, you ain't seen nothin' yet.
(2 comments) SHARE Thursday, April 9, 2020 Dear Bernie
Robert Reich thanks Bernie Sanders for all that he has done for this nation.
(5 comments) SHARE Friday, August 31, 2012 Labor Day 2012 and the Election of 2012: It's Inequality, Stupid
The most troubling economic trend facing America this Labor Day weekend is the increasing concentration of income, wealth, and political power at the very top -- among a handful of extraordinarily wealthy people -- and the steady decline of the great American middle class.
(12 comments) SHARE Wednesday, February 22, 2012 Corporations Don't Need a Tax Cut, So Why Is Obama Proposing One?
he federal budget deficit is ballooning, and in less than a year, major cuts are scheduled to slice everything from prenatal care to Medicare. So this would seem to be the ideal time to raise corporate taxes -- or at the very least close corporate tax loopholes without lowering corporate rates.
SHARE Friday, June 19, 2020 7 Ways 2020 Has Exposed America
We can no longer accept piecemeal reforms of our broken systems. We need to reimagine a political and economic system that values humanity and builds prosperity for every American. Let's get to work.
(10 comments) SHARE Sunday, April 21, 2019 Trump's moral squalor, not impeachment, will remove him from power
Let's be real. Trump will not be removed by impeachment. No president has been. With a Republican Senate controlled by the most irresponsible political hack ever to be majority leader, the chances are nil. Which means Trump will have to be removed the old-fashioned way by voters in an election 19 months away.
(4 comments) SHARE Saturday, January 18, 2014 David Brooks' Utter Ignorance About Inequality
Not only is there less money for good schools, job training, and social services, but the poor face a difficult challenge moving upward because the income ladder is longer than it used to be and its middle rungs have disappeared. That David Brooks, one of the most thoughtful of conservative pundits, doesn't see or acknowledge this is a sign of how far the right has moved away from the reality most Americans live in every day.
SHARE Thursday, October 31, 2019 6 Ways Trump Has Sold Out America
One of Donald Trump's main campaign promises was to put "America First" and defend American interests above all else. It was a theme that riled up his base at rallies across the country, but this has turned out to be yet another big lie.
(9 comments) SHARE Saturday, August 14, 2010 America's Biggest Jobs Program -- the U.S. Military
Wouldn't it be better to have a jobs program that created things we really need -- like light-rail trains, better school facilities, public parks, water and sewer systems, and non-carbon energy sources -- than things we don't, like obsolete weapons systems?
(2 comments) SHARE Thursday, July 14, 2016 A Citizen's Guide to the Upcoming Conventions
Our two major political parties no longer nominate people to be president. Candidates choose themselves, they run in primaries, and the winners of the primaries become the parties' nominees. The parties have instead become giant machines for producing infomercials, raising big money and rewarding top sales reps with big bashes every four years.
(2 comments) SHARE Monday, February 5, 2018 Trump's Divide-and-Conquer Strategy
Trump has forced all of us to take sides, and to despise those on the other. There's no middle ground. The Republican Party used to stand for fiscal responsibility, state's rights, free trade, and a hard line against Russian aggression. Now it just stands for Trump.
(11 comments) SHARE Saturday, March 10, 2018 America's Shkreli Problem
Shkreli will do whatever it takes to win, regardless of the consequences for anyone else. He believes that the norms other people live by don't apply to him. His attitude toward the law is that anything he wants to do is okay unless it is clearly illegal -- and even if illegal, it's okay if he can get away with it. He is utterly shameless.
(14 comments) SHARE Monday, March 24, 2014 The New Tribalism and the Decline of the Nation State
The world's "melting pot" is changing color. Between the 2000 and 2010 census, the share of the U.S. population calling itself white dropped from 69 to 64 percent, and more than half of the nation's population growth came from Hispanics. It's also becoming more divided by economic class. Increasingly, the rich seem to inhabit a different country than the rest.
SHARE Wednesday, January 8, 2020 Four Reasons Why Millennials Don't Have Any Money
Millennials aren't teenagers anymore. They're working hard, starting families and trying to build wealth. But as a generation, they're way behind. They're deeper in debt, only half as likely to own a home, and more likely to live in poverty than their parents.
SHARE Sunday, March 8, 2020 Everyone got Super Tuesday wrong. The three biggest surprises:
Neither Biden nor Bernie is a perfect candidate. Bernie's personality grates on some, while Biden's policy history turns off some. In the coming contest between Bernie and Biden, younger and older Democrats have very different ideas about who can best defeat Trump.
SHARE Wednesday, October 16, 2019 Should the Supreme Court Be Reformed?
In recent years the legitimacy of the Supreme Court has come under question as Donald Trump, Mitch McConnell, and Senate Republicans have bent the nomination process for their own political gain.
(1 comments) SHARE Wednesday, June 19, 2019 Trump's "Deep State" is Trump's Corrupt State
Not since Warren G. Harding's sordid administration have as many grifters, crooks and cronies occupied high positions in Washington. Trump has installed a Star Wars Cantina of former lobbyists and con artists, including several whose exploits have already forced them to resign, such as Scott Pruitt, Ryan Zinke, Tom Price, and Michael Flynn. Many others remain.
(5 comments) SHARE Wednesday, August 23, 2017 Dear Trump Voter...
Trump administration is rigging the system for the extremely wealthy from the inside. They want to make it easier for banks to once again gamble with your money and repeat our financial crisis. They want to cut health care for millions of you. They want to lower taxes on corporations and the rich. They want to get rid of rules that stop corporations from harming your health or safety.
(4 comments) SHARE Friday, November 27, 2015 Why The Sharing Economy Is Harming Workers -- And What Must Be Done
Already two-thirds of American workers are living paycheck to paycheck. This trend shifts all economic risks onto workers. A downturn in demand, or sudden change in consumer needs, or a personal injury or sickness, can make it impossible to pay the bills. It eliminates labor protections such as the minimum wage, worker safety, family and medical leave, and overtime.
(8 comments) SHARE Wednesday, March 22, 2017 My Visit to Trump's Washington
Republicans (and their patrons in big business) no longer believe Trump will give them cover to do what they want to do. They're becoming afraid Trump is genuinely nuts, and he'll pull the party down with him.
(1 comments) SHARE Saturday, May 6, 2017 The Moral Travesty of Trumpcare
Shame on every one of the 217 Republicans who voted to repeal the Affordable Care Act on Thursday, and substitute basically nothing.
Trumpcare isn't a replacement of the Affordable Care Act. It's a transfer from the sick and poor to the rich and healthy.
(4 comments) SHARE Monday, February 21, 2011 The Coming Shutdowns and Showdowns: What's Really at Stake
America is the richest nation in the world, and "we've" never been richer. There's no reason for us to turn on our teachers, our unionized workers, our poor and needy, and our elderly. The notion that "we" can no longer afford it is claptrap.
(5 comments) SHARE Sunday, November 20, 2016 The First 100 Day Resistance Agenda
rump's First 100 Day agenda includes repealing environmental regulations, Obamacare, and the Dodd-Frank Act, giving the rich a huge tax cut, and much worse. Here's the First 100 Day resistance agenda. We need investigative journalists to dig into the backgrounds of all of Trump's appointees, in the White House, the Cabinet, Ambassadors and judges.
(3 comments) SHARE Thursday, April 23, 2020 The solutions to the climate crisis no one is talking about
Both our economy and the environment are in crisis. The climate crisis is worsening inequality, as those who are most economically vulnerable bear the brunt of flooding, fires, and disruptions of supplies of food, water, and power.
(1 comments) SHARE Sunday, March 29, 2020 Listen To Doctors, Not Bankers
When billionaires and corporate executives recommend Americans get back to work for the sake of the "economy," they're really urging that other people get sick, and possibly die, for the sake of their own stock portfolios.
SHARE Thursday, August 8, 2019 The Myth of the Rugged Individual
Why is America still perpetuating the fallacy of the self-made individual? Because those in power want you to believe it. If everyone thinks they're on their own, it's easier for the powerful to dismantle unions, unravel safety nets, and slash taxes for the wealthy.
(2 comments) SHARE Friday, June 28, 2019 Trump's Secret Tax on Ordinary Americans
When the U.S. imposes tariffs on a country, like China, that raises costs for companies doing business there. And then those companies pass on their increased costs to you in the form of higher prices, as even Trump's own economic adviser Larry Kudlow acknowledged.
(4 comments) SHARE Monday, December 19, 2011 The Defining Issue: Not Government's Size, but Who It's For
If we want to get our democracy back we've got to get big money out of politics. We need real campaign finance reform. And a constitutional amendment reversing the Supreme Court's bizarre rulings that under the First Amendment money is speech and corporations are people.
(2 comments) SHARE Friday, September 15, 2017 Everything You've Always Wanted to Know about the Trump-Republican Tax Plan
there's no Trump tax plan and no Republican tax plan? All they've come up with so far is a bunch of platitudes about how nice it would be to cut taxes, simplify the tax code, and spur economic growth. Corporate and Wall Street Republicans -- along with Donald Trump -- are most interested in cutting taxes on corporations and the wealthy. They have the backing the GOP's big business donors who will make a bundle off tax cuts.
(1 comments) SHARE Thursday, March 30, 2017 Trump's Fog Machine
It may not matter what the FBI or the other intelligence agencies dredge up about Trump and his aides colluding with Russia because the public will be lost in that fog. If it turns out that Trump and his advisers colluded with Russia to hand him the presidency, Trump's administration will be shipwrecked on the shoals of American democracy. And he'll go down with the ship.
(1 comments) SHARE Monday, September 9, 2019 It may feel like the world's ending -- but America has reason to hope
The oligarchs and plutocrats would like nothing better than for the rest of us to give up and drop out. That way, they get it all. But we never have, and we never will. Preserving and expanding democracy has been America's central project since its founding. It's an unending fight. And no matter how bleak it may look, we will never stop fighting.
(2 comments) SHARE Wednesday, December 26, 2018 The Megalomaniac and the Stock Market
All modern economies depend on public confidence that politicians can't lower interest rates to serve their own purposes, such as getting short-term growth at the expense of long-term inflation and instability. (Which is exactly what Trump wants to do.)
(3 comments) SHARE Sunday, July 16, 2017 The Trump Standard
Much ink has been spilled over the last six months documenting Trump's tin ear when it comes to all matters ethical: His refusal to put his business into a blind trust, as every one of his predecessors in recent memory has done. His refusal to reveal his tax returns, like his predecessors. The never-ending stream of lies that he continues to spew even after they're proven to be lies.
(1 comments) SHARE Monday, December 9, 2013 JP Morgan Chase, the Foreign Corrupt Practice Act, and the Corruption of America
Never before has so much U.S. corporate and Wall-Street money poured into our nation's capital, as well as into our state capitals. Never before have so many Washington officials taken jobs in corporations, lobbying firms, trade associations, and on the Street immediately after leaving office. Our democracy is drowning in big money. Corruption is corruption, bribery is bribery, in whatever country or language it's transacted.
(1 comments) SHARE Thursday, August 1, 2019 Where your tax dollars really go
If Trump and Republicans in Congress aren't going to cut discretionary spending especially on the military the only places they can look to make way for more tax cuts for the wealthy and corporations are Social Security, Medicare, and Medicaid. That's been their goal all along.
(3 comments) SHARE Tuesday, April 24, 2012 Why Anyone Should Care that Bill O'Reilly Calls Me A Communist
Debate all over America is disappearing. All we're left with is a nasty residue. Democrats and Republicans no longer even talk. They just vent charges and counter-charges. Across the nation, conservatives right-wingers and liberal or progressive lefties have stopped debating their respective views, or even listening to anyone they disagree with. They just find broadcasters and bloggers who confirm their views.
(4 comments) SHARE Saturday, October 1, 2011 The American Jobs Depression, and How to Get Out of It
Any long-term strategy for rescuing the American economy must therefore seek to reverse the widening gap in income and wealth. It would be better for President Obama to assume that he will get no Republican support this year and next, and build his 2012 election campaign around a bold plan to revive jobs and the American middle class -- and end the American Jobs Depression.
(1 comments) SHARE Sunday, June 9, 2019 Elizabeth Warren's economic nationalism vision shows there's a better way
Elizabeth Warren's new Plan for Economic Patriotism, unveiled on Tuesday, marks a stunningly ambitious version of American industrial policy. Industrial policy centers on a social contract between the public and business: corporations get extra resources to grow bigger and more innovative. In return, those corporations create high-paying jobs in the nation, and focus on sectors promising the greatest social returns.
(5 comments) SHARE Monday, January 5, 2015 Why the Trans-Pacific Partnership Agreement is a Pending Disaster
The TPP is a Trojan horse in a global race to the bottom, giving big corporations and Wall Street banks a way to eliminate any and all laws and regulations that get in the way of their profits. The Trans Pacific Partnership is the wrong remedy to the wrong problem. Any way you look at it, it's just plain wrong.
(1 comments) SHARE Wednesday, March 27, 2019 Jamie Dimon, spare us your crocodile tears about inequality
If Dimon and the others were serious about helping most American workers whose real wages have been going nowhere for decades and job security is dwindling, they could use their outsized political influence to push for laws requiring CEOs to consider all their stakeholders, not just shareholders.
(16 comments) SHARE Sunday, July 22, 2018 A Time for Integrity
What is America to do? We will exercise our right to vote on November 6. But by that time our system may be compromised. The President must be constrained, now. Putin's aggression must be stopped, now. Elected lawmakers did not pledge their souls to their Parties, but to America. Now is the time to deliver on that pledge.
SHARE Tuesday, August 1, 2017 Hill Republicans: Trump is Fritzing Out
Twenty-fifth amendment! Read it! A Cabinet can get rid of a president who's nuts. Trump thinks they've been preparing a palace coup. So one by one, he's firing them. Trump is fritzing out. Having manic delusions. He's actually going nuts.
(1 comments) SHARE Thursday, September 5, 2019 The 5 Biggest Corporate Lies about Unions
Wealthy corporations and their enablers have spread five big lies about unions in order to stop workers from organizing and to protect their own bottom-lines. Know the truth and spread the truth.
(2 comments) SHARE Tuesday, August 23, 2016 Why a Single-Payer Healthcare System is Inevitable
Insurers that take in too many sick and too few healthy people are driven out of business. If insurers had no idea who'd be sick and who'd be healthy when they sign up for insurance (and keep them insured at the same price even after they become sick), this wouldn't be a problem. But they do know -- and they're developing more and more sophisticated ways of finding out.
(2 comments) SHARE Thursday, October 4, 2012 The First Presidential Debate
In Wednesday night's debate, Romney won on style while Obama won on substance. Romney sounded as if he had conviction, which means he's either convinced himself that the lies he tells are true or he's a fabulous actor.
SHARE Monday, June 1, 2015 State of Disaster
Texans have elected people who seem not to have a clue. Indeed, Texas has done more in recent years to institutionalize irrationality than almost anywhere else in America -- thereby imposing a huge burden on its citizens. How many natural disasters will it take for the Lone Star State to wake up to the disaster of its elected officials?
(1 comments) SHARE Tuesday, December 6, 2016 The Art of the Autocrat
This isn't public policy making. It's not about changing market incentives. It has nothing to do with lawmaking. It's a drop in the bucket in terms of jobs. In reality, it's the arbitrary and capricious use of personal power -- hitting stock prices and turning public opinion against companies Trump doesn't like, and raising stock prices and public opinion toward companies Trump does like.
(1 comments) SHARE Sunday, February 11, 2018 Trump's Big Buyback Bamboozle
Buybacks used to be illegal. The Securities and Exchange considered them unlawful means of manipulating stock prices, in violation of the Securities Acts of 1933 and 1934. But under Ronald Reagan, who rhapsodized about the "magic of the market," the SEC legalized buybacks. After that, buybacks took off.
(9 comments) SHARE Wednesday, September 27, 2017 How to Make the Electoral College Irrelevant
Article II of the Constitution says states can award their electors any way they want. So all that's needed in order to make the Electoral College irrelevant is for states with a total of at least 270 electors to agree to award all their electoral votes to the presidential candidate who wins the popular vote.
(9 comments) SHARE Monday, October 11, 2010 Why Democrats Should Not Join In Economic Scapegoating
Our jobs crisis is due to the collapse of demand in the U.S. after the housing bubble burst. No longer able to borrow against the rising value of their homes, the vast American middle and working class can no longer spend enough to keep the economy going.
SHARE Friday, September 30, 2016 Why We'll Need a Universal Basic Income
In recent years, evidence has shown that giving people cash as a way to address poverty actually works. In study after study, people don't stop working and they don't drink it away. As new technologies replace work, the question for the future is how best to provide economic security for all. A universal basic income will almost certainly be part of the answer.
SHARE Wednesday, December 17, 2014 The Coin of the Realm: How Inside Traders Are Rigging America
If a CEO tells his golf buddy that his company is being taken over, and his buddy makes a killing on that information, no problem. If his buddy leaks the information to a hedge-fund manager like Chiasson, and doesn't tell Chiasson where it comes from, Chiasson can also use the information to make a bundle.
(2 comments) SHARE Sunday, January 26, 2020 Trump impeachment trial: what you need to know
Trump will claim that his forthcoming acquittal by the Senate clears him of all charges, just as he claimed attorney general William Barr's whitewash of the Mueller report absolved him of charges that he sought Russian help in 2016. He'll use both as "proof" that Democrats fabricated a plot to remove him from office.
(3 comments) SHARE Saturday, May 11, 2019 There are many reasons not to impeach Trump. The House should do it anyway
By directing the attorney general, the justice department, the FBI, and the secretary of the treasury to act in his own personal interest rather than in the interests of the American people, Trump is saying that a president can run the government on his own. Adios, constitution. Impeachment may not be the practical political thing to do. But it is the right thing to do.
(1 comments) SHARE Monday, August 28, 2017 Trump's Labor Day
In his first seven months as president, Trump has done nothing for American workers. In fact, his attempt to undermine the Affordable Care Act, his retreat from Labor Department regulations boosting overtime pay, and his proposed tax cuts for the wealthy and big corporations will make most workers worse off. But he is in office because of their anger and distrust, and he's still feeding off it.
SHARE Sunday, November 3, 2019 Facebook and Twitter spread Trump's lies, so we must break them up
Donald Trump lies like most people breathe. As he's been cornered, his lies have grown more vicious and dangerous. This would be hard enough for a democracy to handle without Facebook sending Trump's unfiltered lies to the 45% of Americans for whom it is the main source of news. Twitter sends them to 66 million users every day.
(8 comments) SHARE Saturday, August 27, 2016 A Landslide
"What about all the people who'll be voting for Trump?" "What about them?" he asked, cautiously. "After Trump loses, they'll still be out there, right?" "Of course." "And they'll be madder than hell, poisoned with Trump's venom. They'll be a ready-made constituency for the next demagogue..."
(6 comments) SHARE Thursday, October 26, 2017 America Now Has Six Political Parties
The old Democratic and Republican parties are exploding. When you take a closer look, America actually has six political parties right now. Whoever can put together elements of a governing coalition among these six parties will win future elections.
SHARE Saturday, September 17, 2016 Trump's Yuge Bamboozle
Trickle-down economics has proven itself a cruel hoax. It's cruel because it rewards people at the top who least need it and hurts those below who are in greatest need. It's a hoax because nothing trickles down. Trump's "yuge" trickle-down economics would be an even bigger bamboozle.
(2 comments) SHARE Sunday, April 8, 2018 Five Reasons The NRA Is Wrong
The NRA is a special interest group with a stranglehold on the Republican Party. In 2016, the group spent a record $55 million on elections. Their real goal is to protect a few big gun manufacturers who want to enlarge their profits. America is better than the NRA. America is the young people from Parkland, Florida, who are telling legislators to act like adults. It's time all of us to listen.
(2 comments) SHARE Saturday, July 16, 2016 Mike Pence for vice president
Mike Pence -- Donald Trump's pick for vice president -- is one of the most extreme right-wing officials in America.
(4 comments) SHARE Wednesday, May 15, 2019 The House Now Has A Constitutional Duty to Impeach Trump
Trump surely appears to be usurping the powers of the other branches. Under these circumstances, the Constitution mandates that the House undertake an impeachment inquiry and present evidence to the Senate. This may not be the practical political thing to do. But it is the right thing to do.
(1 comments) SHARE Sunday, January 1, 2017 My New Year's Wish for Donald Trump
The man who is about to become President of the United States continues to exhibit a mean-spirited, thin-skinned, narcissistic and vindictive character. Trump sees the world in terms of personal wins or losses, enemies or friends, supporters or critics.
(4 comments) SHARE Saturday, December 15, 2018 The Truth About Privatization
Privatization too often only boosts corporate bottom lines. Private for-profit corporations can do certain tasks very efficiently. And some privatization has worked. But the goal of corporations is to maximize profits for shareholders, not to serve the public interest.
SHARE Monday, March 19, 2018 Trump's Stock Buyback Bamboozle
Trump and Republicans branded their huge corporate tax cut as a way to make American corporations more profitable so they'd invest in more and better jobs. But they're buying back their stock instead. Now that the new corporate tax cut is pumping up profits, buybacks are on track to hit a record $800 billion this year.
(1 comments) SHARE Saturday, March 31, 2018 Dollars for Decency
Companies are spending huge amounts seeking to connect their goods to consumers' values. They know more about those values than anyone. Which suggests that Americans may have had enough cruelty -- coming from Laura Ingraham, from Fox News, from Donald Trump, from the Harvey Weinsteins of the land, from whomever.
(3 comments) SHARE Tuesday, August 28, 2012 George W. Bush as Hurricane Isaac
We're still living with George W. Bush's legacy -- the last Republican to occupy the White House -- which is a truth that Romney is desperate to put out of our minds. He wants to blame the bad economy, and most of everything else, on Obama.
SHARE Sunday, June 14, 2020 Corporate America's performative activism
Systemic injustices can be remedied only when power is redistributed. And power will be redistributed only when the vast majority - white, Black and brown - join together to make it so.
SHARE Sunday, November 11, 2018 How Blue States Help Red States
he Trump administration is proposing to lump many social programs under a new agency with the word "welfare" in its title. A recent White House report on imposing work requirements, for example, put Medicaid, food assistance, and housing aid into a rebranded program called "noncash welfare."
(3 comments) SHARE Wednesday, September 13, 2017 It's Now Time for Medicare for All
Why is health care so much cheaper in other nations? Partly because their governments negotiate lower rates with health care providers. In France, the average cost of a magnetic resonance imaging exam is $363. In the United States, it's $1,121. There, an appendectomy costs $4,463. Here, it's $13,851. Medicare for all would avoid all these problems and get lower prices and better care.
(3 comments) SHARE Tuesday, August 15, 2017 Make America Hate Again
A smaller version of the civil war extends even into the White House, where Bannon and his proteges are doing battle with leveler heads. Let's hope the leveler heads win the civil war in the White House. Let's pray the leveler heads in our society prevent the civil war Trump and Bannon want to instigate in America.
SHARE Sunday, June 23, 2019 The "Center" of American Politics Is on the Left
Just remember: the "center" is not halfway between what most Americans want and what big corporations, Wall Street, and the super-wealthy want. The "center" is what the vast majority of Americans want.
(1 comments) SHARE Friday, November 16, 2018 What Amazon HQ2 tells us about America's great divide
Amazon could easily have decided to locate its second headquarters in, say, Indianapolis, Indiana. After all, Indianapolis was one of the finalists in Amazon's search for a second headquarters, and the city vigorously courted the firm. Not incidentally, Indianapolis is a Republican city in a bright red Republican state.
(1 comments) SHARE Tuesday, November 22, 2011 The First Amendment Upside Down. Why We Must Occupy Democracy
When the freedom of speech goes to the highest bidder, moneyed interests have a disproportionate say. Now more than ever, the First Amendment needs to be put right side up. Nothing less than the future of our democracy is at stake.
(5 comments) SHARE Tuesday, September 20, 2011 A Good Fight
The President has vowed to veto any plan to tame the debt that doesn't increase taxes on the rich. The Republicans have vowed to oppose any tax increases on the rich. It's a good fight to have.
(3 comments) SHARE Saturday, September 3, 2016 The Reality of Free Trade Deals
Winners don't compensate the losers. Most of the losers from trade, the millions whose good jobs have been lost, don't even have access to unemployment insurance. Trade adjustment assistance is a joke. America invests less in jobs training as a percent of our economy than almost any other advanced nation.
(11 comments) SHARE Saturday, July 20, 2013 Detroit, and the Bankruptcy of America's Social Contract
Unemployment is staggeringly high. One out of three residents is in poverty; more than half of all children in the city are impoverished. Between 2000 and 2010, Detroit lost a quarter of its population as the middle-class and whites fled to the suburbs. That left it with depressed property values, abandoned neighborhoods, empty buildings, lousy schools, high crime, and a dramatically-shrinking tax base.
SHARE Wednesday, March 18, 2020 Why America Can't Respond to the Current Crisis
The system would be failing even under a halfway competent president. The dirty little secret, which will soon become apparent to all, is that there is no real public health system in the United States.
(7 comments) SHARE Thursday, September 7, 2017 Why We Should Abolish The Debt Ceiling
Today's debt is about 77 percent of our total national product. The reason it's a problem is it's growing faster than the economy is growing, so it's on the way to becoming larger and larger in proportion. This is what we ought to be focusing on. Fighting over whether or not to raise the debt ceiling is a meaningless and dangerous distraction. So abolish it.
(3 comments) SHARE Saturday, January 14, 2017 Six Reasons Why Trump's Wall is Even Dumber Than Most of Trump's Other Ideas
At his turbulent his news event last Wednesday (I won't dignify it by calling it a news conference), Trump reiterated that he will build a wall along the Mexican border. "It's not a fence. It's a wall," he said, and "Mexico will pay for the wall." Trump's wall is an even dumber idea than most of his others.
(1 comments) SHARE Monday, October 9, 2017 Trump and Weinstein
At least 15 women have publicly accused Trump of sexual harassment and assault. Trump and Weinstein are both sexual harassers and predators. But Trump is also president of the United States. That makes him even more dangerous to women.
(1 comments) SHARE Sunday, October 2, 2016 Focus on Trump Shouldn't Give Other Republicans a Free Pass
A singular focus on Trump poses risks for what happens after Hillary wins. It reduces her presidential coattails that might otherwise help Democratic candidates now running for the Senate and House. Portraying Trump as an aberration from normal Republicanism gives their Republican opponents a free pass. All they have to do is distance themselves from him.
(5 comments) SHARE Wednesday, December 5, 2018 Trump Takes on General Motors (And Guess Who Wins?)
The real challenge is to make American workers great again. They don't just need any job. They need good jobs, akin to those that GM's unionized workers had a half-century ago. Most Americans haven't had a raise in decades, considering inflation.
(1 comments) SHARE Tuesday, April 5, 2011 Paul Ryan's Plan, the Coming Shutdown, and What's Really at Stake
The President needs to remind us that as members of the same society we have obligations to one another -- that the wealthiest among us must pay their fair share of taxes, that any of us who loses our jobs or homes or gets terribly sick can count on the rest of us, and that we have collective obligations to our elderly, our children, and the rest of the planet.
(2 comments) SHARE Saturday, June 15, 2019 Welcome to Trump's Corrupt State -- the Star Wars cantina of world politics
Trump and his Republican enablers are magicians who distract us by shouting "look here!" at the paranoid fantasy of a Deep State, while creating a Corrupt State under our noses. But it's not a party trick. It's the dirtiest trick of our time, enabled by the most corrupt party in living memory.
(1 comments) SHARE Tuesday, March 10, 2020 How to Respond to the National Emergency
CEOs of the major Wall Street banks have been summoned to the White House to discuss the coronavirus its economic fallout. I'm told the Trump administration is considering more corporate tax cuts, tax cuts targeted to the airlines and hospitality industries, and a temporary payroll tax cut.
(1 comments) SHARE Friday, December 29, 2017 New Year's Update for Trump Voters
Trump said he'd use his business experience to whip the White House into shape. But he has created the most dysfunctional, back-stabbing White House in modern history, and has already fired and replaced so many assistants (one of them hired and fired in a little more than a week) that people there barely know who's in charge of what.
(2 comments) SHARE Sunday, May 19, 2019 The Trump economy is hurting most Americans. Statistics won't fool voters
Trump is the least popular president to run for re-election in the history of polling but Mulvaney thinks Americans will vote for him anyway because unemployment has hit a 50-year low, wages are rising and economic growth exceeds 3%. A CNN poll released in early May shows 56% of Americans approve Trump's handling of the economy.
(5 comments) SHARE Thursday, June 28, 2012 Roberts' Switch
As Alexander Hamilton pointed out when the Constitution was being written, the Supreme Court is the "least dangerous branch" of government. It has only the trust and confidence of average citizens. If it is viewed as politically partisan, that trust is in jeopardy. As Chief Justice, Roberts has a particular responsibility to maintain and enhance that trust.
(3 comments) SHARE Tuesday, June 9, 2020 The deadly Fox News-Trump syndicate
Trump spouts a shocking amount of misinformation from his bully pulpit, but it's Fox News' equally misleading coverage of the dual crises that closes the lethal circuit of lies.
(1 comments) SHARE Wednesday, April 22, 2020 No bailout for Big Oil
Both our economy and the environment are in crisis. Wealth is concentrated in the hands of a few while the majority of Americans struggle to get by. The climate crisis is worsening inequality, as those who are most economically vulnerable bear the brunt of flooding, fires, and disruptions to supplies of food, water, and power.
(2 comments) SHARE Saturday, June 6, 2015 Making The Economy Work For The Many, Not The Few: #8 Raise The Estate Tax On The Very Rich
Today the estate tax reaches only the richest two-tenths of one percent, and applies only to dollars in excess of $10.86 million for married couples or $5.43 million for individuals.
That means if a couple leaves to their heirs $10,860,001, they now pay the estate tax on $1. The current estate tax rate is 40%, so that would be 40 cents. Yet according to these members of Congress, that's still too much.
(9 comments) SHARE Wednesday, December 28, 2016 My Wishes for Obama's Parting Shots
President-elect Donald Trump is accusing President Obama of putting up "roadblocks" to a smooth transition. In reality, I think President Obama has been too cooperative with Trump.
(2 comments) SHARE Thursday, September 29, 2011 The Moral Question
We're in the worst economy since the Great Depression -- with lower-income families and kids are bearing the worst of it -- and what are Republicans doing? Cutting programs Americans desperately need to get through it.
SHARE Monday, October 17, 2016 Hillary Clinton, Paul Ryan, and the Crisis of American Capitalism
While the Clinton-Ryan years won't be marked by the same kind of petulant gridlock we've witnessed over the last eight, the ascendance of Ryan and Clinton will mark a win for big business and Wall Street over the strongest anti-establishment surge America has witnessed since Great Depression.
(3 comments) SHARE Monday, May 15, 2017 The End of Trump
The question is no longer whether there are grounds to impeach Donald Trump. It is when enough Republicans will put their loyalty to America ahead of their loyalty to their party.
(2 comments) SHARE Saturday, June 29, 2019 Dems Cave on the Border
While attention has been focused on the Democratic debate in which most contenders are pushing progressive policies, congressional Democrats have moved in the opposite direction. They caved on an emergency border supplemental appropriation that can now be used by Trump to make the border situation worse, not better.
(5 comments) SHARE Thursday, May 17, 2012 The Dog That Didn't Bark: Obama on JPMorgan
The dog that didn't bark this week, let alone bite, was the President's response to JP Morgan Chase's bombshell admission of losing more than $2 billion in risky derivative trades that should never have been made. Twenty years ago, the 10 largest banks on the Street held 10 percent of America's total bank assets. Now they hold over 70 percent.
(3 comments) SHARE Wednesday, August 1, 2018 The Two Kinds of Trump Lies
Trump is ramping up both kinds of lies -- lies about the facts, and lies about those who are reporting the truth. Both categories of lies are dangerous to a democracy. The first misleads the public. The second undermines the capacity of the public to discover they are being misled.
(1 comments) SHARE Friday, September 29, 2017 Six Reasons Why American Corporations Shouldn't Get a Tax Cut
Corporate tax receipts are the lowest percentage of the economy since just after World War II. If corporate taxes are cut, you will have to pay even more in taxes in order to make up the difference. A corporate tax cut is the wrong solution to the wrong problem. We need higher corporate taxes, not lower.
(2 comments) SHARE Sunday, September 24, 2017 Why We Must Raise Taxes on Corporations and the Wealthy, Not Lower Them
When Barack Obama was president, congressional Republicans were deficit hawks. They opposed almost everything Obama wanted to do by arguing it would increase the federal budget deficit. But now that Republicans are planning giant tax cuts for corporations and the wealthy, they've stopped worrying about deficits.
(4 comments) SHARE Sunday, July 3, 2016 The Five Principles of Patriotism
patriots don't pander to divisiveness. They don't fuel racist or religious or ethnic divisions. They aren't homophobic or sexist or racist.
To the contrary, true patriots seek to confirm and strengthen and celebrate the "we" in "we the people of the United States."
(1 comments) SHARE Sunday, September 15, 2019 Trump is seriously, frighteningly unstable -- the world is in danger
We have to face the truth that no one seems to want to admit. This is no longer a case of excessive narcissism or grandiosity. We're not simply dealing with an unusually large ego. The president of the United States is seriously, frighteningly, dangerously unstable. And he's getting worse by the day.
(1 comments) SHARE Friday, January 11, 2019 Trump is using the government as a bargaining chip -- like a dictator would
Trump's entire presidency to date has sacrificed the means of democracy to preserve his personal power, and the shutdown over the border is no different. Democracy is about means, not ends. If we all agreed on the ends (such as whether to build a wall along the Mexican border) there'd be no need for democracy.
(1 comments) SHARE Tuesday, September 5, 2017 Google, Trump, and the Arrogance of Power
Google and Trump are wildly different, of course, but they've been playing much the same game. They've used their clout to stifle criticism, paid members of Congress to pull their punches, and bought fake or at least questionable facts to support of their goals. Such abuse of power is morally wrong.
(6 comments) SHARE Tuesday, March 5, 2013 Why There's a Bull Market for Stocks And Bear Market for Workers
We are a long way from economic health. Rarely before in American history have public policies so blatantly helped the most fortunate among us, so cruelly harmed the least fortunate, and exposed so many average working Americans to such widespread insecurity.
SHARE Monday, June 19, 2017 Talking With My Friend About Trump
"I can't take it any more," my friend Tom said about Trump. "I don't need this. He's a selfish, greedy, narcissistic, fascistic, unhinged, bigot. And to think he's running this great country makes me want to puke."
(8 comments) SHARE Sunday, January 22, 2017 Trump's Two-Step Strategy To Take Over the Truth
Trump's strategy is to denigrate and disparage the press in the public's mind -- seeking to convince the public that the press is engaged in a conspiracy against him. And he wants to use his tweets, rallies, and videos to make himself the only credible source of public information about what is happening and what he's doing.
SHARE Sunday, April 12, 2020 Billionaires Won't Save Us
We are the outlier among the world's advanced nations in subjecting our citizens to perpetual insecurity. We are also the outlier in possessing a billionaire class that, in controlling much of our politics, has kept such proposals off the public agenda.
(13 comments) SHARE Tuesday, August 29, 2017 What Do Democrats Stand For?
If Democrats stand for one thing, it must be overcoming this unprecedented economic imbalance and creating a multi-racial, multi-ethnic coalition of the bottom 90 percent, to take back our economy and politics.
(6 comments) SHARE Sunday, March 3, 2013 Sequestration Nation, and Remembering Robert Kennedy
The issue is still social justice. In the months (or years) ahead, federal money will be reduced for poor schools, child nutrition, preschools, and mental-health services. Some 3.8 million who have been unemployed for more than six months will see their jobless benefits cut. Some 600,000 low-income women and children will no longer benefit from the federal nutrition program for women and toddlers.
SHARE Wednesday, May 29, 2019 What does oligarchy mean?
Even a system that calls itself a democracy can become an oligarchy if power becomes concentrated in the hands of a few very wealthy people a corporate and financial elite. Their power and wealth increase over time as they make laws that favor themselves, manipulate financial markets to their advantage, and create or exploit economic monopolies that put even more wealth into their pockets.
(1 comments) SHARE Tuesday, June 25, 2019 Why we need to break up big tech
The combined wealth of Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, and Google's Sergey Brin, and Larry Page is larger than the combined wealth of the bottom half of the American population. They are the leaders of a second Gilded Age ushered in by semiconductors, software and the internet which has spawned a handful of hi-tech behemoths and crushed competition.
(2 comments) SHARE Wednesday, February 29, 2012 Stop Starving Public Universities and Shrinking the Middle Class
Over just the last year, 41 states have cut spending for public higher education. That's on top of deep cuts in 2009 and 2010. Some public universities have lost over 40 percent of their state funding; the University of Washington, 26 percent; Florida's public university system, 25 percent. The children of middle and lower-income families are hardest hit.
SHARE Monday, December 18, 2017 The Triumph of the Oligarchs
By passing the tax plan, Republican donors will save billions -- paying a lower top tax rate, doubling the amount their heirs can receive tax-free, and treating themselves as "pass-through" businesses able to deduct 20 percent of their income (effectively allowing Trump to cut his tax rate in half, if and when he pays taxes).
(1 comments) SHARE Tuesday, December 18, 2018 Why Trump's Private Transactions are Terrifying
As we enter the third year of his presidency, Trump's utter blindness to the public interest is a terrifying possibility. At least a scoundrel knows when he is doing bad things. A megalomaniac who only sees the art of the deal, doesn't.
(1 comments) SHARE Saturday, June 24, 2017 The Secret Republican Plan to Unravel Medicaid
Bad enough that the Republican Senate bill would repeal much of the Affordable Care Act. Even worse, it unravels the Medicaid Act of 1965 -- which, even before Obamacare, provided health insurance to millions of poor households and elderly.
(14 comments) SHARE Friday, April 20, 2018 A Third Party? How Not To Settle For The Lesser Of Two Evils
If a party establishment has a chokehold on the primaries -- the answer isn't to go with a third party and end up with the worse of two evils, but to organize and mobilize inside the party to break that chokehold, as some would say the Tea Party has done in the GOP.
(1 comments) SHARE Thursday, May 7, 2020 Donald Trump Is Getting Nervous
Internal polls show Trump losing in November unless the economy comes roaring back. But much of the economy remains closed because of the pandemic. The number of infections and deaths continue to climb. So what is Trump's re-election strategy? Reopen the economy anyway, despite the risks.
(5 comments) SHARE Monday, September 30, 2013 Why Obama and the Democrats Shouldn't Negotiate with Extortionists
We don't repeal laws by holding hostage the entire US government. The bullies are a faction inside the Republican Party--extremists who are threatening more reasonable Republicans with primary challenges if they don't go along. And where are the Tea Party extremists getting their dough? From even bigger bullies--a handful of hugely wealthy Americans who are sinking hundreds of millions of dollars into this extortion racket.
(2 comments) SHARE Monday, July 3, 2017 Trump's Escalating Assault on the Press
Trump began his presidency attacking the press for "fake news." Then he called the networks and publications that criticized him "enemies of the people." His new attacks seem to be going a step farther -- mobilizing his supporters against media personalities and executives that are critical of him.
(1 comments) SHARE Tuesday, July 14, 2020 Corporate Hypocrisy on Racism
Wall Street banks and corporate executives have wasted no time trying to establish themselves as allies of the Black Lives Matter movement, professing support for the historic protests against police killings of Black people.
(5 comments) SHARE Tuesday, May 12, 2020 The Deathly Tragedy of American Exceptionalism
No other nation has endured as much death from Covid-19 nor nearly as a high a death rate as has the United States. And it is the only advanced nation where the death rate is still climbing. Three thousand deaths per day are anticipated by June 1st.
SHARE Saturday, July 4, 2015 Why We Shouldn't Pay for the Political Spending of Federal Contractors
When government contractors do the spending, American taxpayers foot the bill twice over. Our tax dollars are spent on their lobbying and campaign contributions. And if their lobbying and contributing is successful, our tax dollars are spent on federal contracts we often don't need.
(1 comments) SHARE Monday, March 6, 2017 The Old Trump is Back. In Fact, He Never Left
The old Trump has been there all along, and he will always be there. He's unhinged and dangerous. The sooner congressional Republicans accept this, and take action to remove him -- whether through impeachment or the 25th Amendment -- the better for all of us.
(3 comments) SHARE Friday, February 17, 2017 Trump's Most Shameful Act So Far
What do we do when we have a president and White House surrogates, along with enablers in the right-wing media, who continuously lie about something as fundamental to our democracy as whether we've got massive voter fraud? The answer is we find the truth. We spread the truth. We continue to speak the truth. And we demand that big lies like this be corrected.
(8 comments) SHARE Friday, February 22, 2013 Why Customers are Disappearing, Higher Unemployment, Many in Washington Don't Have Half A Brain
Unless Republicans and Democrats reach a budget agreement before next Friday, another $85 billion of spending cuts go into effect this year. They'll begin almost immediately. With consumers and government both spending less, businesses won't hire more workers; they'll fire more workers. Anyone with half a brain should be able to understand all this. But apparently many in Washington don't have half a brain.
(2 comments) SHARE Thursday, August 13, 2020 Betsy DeVos' Deadly Plan to Reopen Schools
Trump education secretary Betsy DeVos is heading the administration's effort to force schools to reopen in the fall for in-person instruction. What's her plan to reopen safely? She doesn't have one.
(1 comments) SHARE Wednesday, July 17, 2019 How Corporate Welfare Hurts You
When corporations get special handouts from the government, it costs the rest of us. So the next time you hear conservatives railing against welfare handouts for the poor, remind them that we should really be cutting corporate welfare unnecessary and unwarranted aid for dependent corporations.
(9 comments) SHARE Thursday, August 11, 2016 Why a Tax on Wall Street Trades is an Even Better Idea Than You Know
Why aren't politicians of all stripes supporting a tax on financial transactions? Because the financial transactions tax directly threatens a major source of Wall Street's revenue. And if you hadn't noticed, the Street uses a portion of its vast revenues to gain political clout. Which may be one of the best reasons for enacting it.
(2 comments) SHARE Wednesday, August 3, 2016 Why the Shake-up at the Democratic National Committee Is Doomed
The Democratic National Committee -- like the Republican National Committee -- has become little more than a giant machine designed to suck up big money from wealthy individuals, lobbyists bundlers, and corporate and Wall Street PACs. The DNC has to turn itself -- and the Democratic Party -- into a grass-roots membership organization.
(1 comments) SHARE Monday, September 10, 2012 The Biggest Economic Challenge of Obama's Second Term
The wealthy don't create jobs, and giving them additional tax cuts won't bring unemployment down. America's rich are already garnering a bigger share of American income than they have in 80 years. They're using much of it to speculate in the stock market. All this has done is drive stock prices higher.
(1 comments) SHARE Tuesday, March 31, 2020 The Trump recession is coming
Last week, corporations got a $500 billion windfall of taxpayer money as part of the $2 trillion coronavirus emergency relief package. Meanwhile, working Americans got a measly one-time $1,200 check to get them through this months-long crisis.
(3 comments) SHARE Monday, July 9, 2018 Trump's Art of the No Deal (revised and updated)
Trump promised to be America's deal-maker in chief. "That's what I do, is deals," he said in May. "I know deals, I think, better than anybody knows deals." All he really knows is how to bully friends, stage photo ops with enemies, and claim victory.
(4 comments) SHARE Monday, June 5, 2017 The World According to Trump
Trump is now the single most powerful person on the planet, with the ability to order the destruction of the world in just over four minutes. It is necessary to get him out of the White House, peacefully and legally, as quickly as possible.
(4 comments) SHARE Saturday, November 17, 2012 Why BP Isn't a Criminal
The perfidious notion that corporations are people can lead to even more bizarre results. If corporations are people and they're headquartered in the United States, then presumably corporations are citizens. That means they have a right to vote as well. I'll believe corporations are people when Texas executes one.
(2 comments) SHARE Wednesday, February 5, 2020 The Real State of the Union
The Trump-Republican tax cut has been a huge failure. Nothing has trickled down to average workers. To the contrary, If fully implemented the 2017 tax cut will result in tax increases for most households in the bottom 80 percent.
(5 comments) SHARE Wednesday, May 22, 2019 Why we must legalize marijuana
Donald Trump and his administration are trying to turn back the clock. They've even formed a task force to weaken public support for legalization and help spread misinformation about so-called "marijuana threats." It's time to legalize marijuana.
(5 comments) SHARE Thursday, June 1, 2017 The Art of the Putin-Trump Deal
Say you're Vladimir Putin, and you did a deal with Trump last year. I'm not suggesting there was any such deal, mind you. But if you are Putin and you did do a deal, what did Trump agree to do?
(1 comments) SHARE Tuesday, August 11, 2020 Trump and Kodak
The White House is distributing billions in subsidies and loans to select corporations -- enabling CEOs and boards to load up on stocks and stock options just before deals are announced, then rake in fat profits after stock prices surge.
SHARE Thursday, November 15, 2018 The Next Crash
The combination of stagnant wages with most economic gains going to the top is once again endangering the economy. Most Americans are still living in the shadow of the Great Recession that started in December 2007 and officially ended in June 2009. More have jobs, to be sure. But they haven't seen any rise in their wages, adjusted for inflation.
(4 comments) SHARE Wednesday, March 16, 2011 Safety on the Cheap
Profit-making corporations have every incentive to underestimate these probabilities and low-ball the likely harms. This is why it's necessary to have such things as government regulators, why regulators must be independent of the industries they regulate, and why regulators need enough resources to enforce the regulations.
(6 comments) SHARE Saturday, June 30, 2018 What Must We Do Now?
Only 27 percent of Americans are Republican, and the vast majority of Americans disapprove of Trump. The GOP itself is now little more than Trump, Fox News, a handful of billionaire funders, and evangelicals who oppose a woman's right to choose, gay marriage, and the Constitution's separation of church and state.
(1 comments) SHARE Friday, June 8, 2012 Why the Public's Growing Disdain for the Supreme Court May Help Obamacare
The latest New York Times CBS Poll shows just 44 percent of Americans approve the job the Supreme Court is doing. Fully three-quarters say justices' decisions are sometimes influenced by their personal political views. The trend is clearly downward. Approval of the Court reached 66 percent in the late 1980s, and by 2000 had slipped to around 50 percent.
(1 comments) SHARE Sunday, June 28, 2015 Why We Must Fight Economic Apartheid in America
Americans are segregating ever more by income in terms of where we live. Because a disproportionate number of the nation's poor are black or Latino, that means we're experiencing racial segregation on a much larger geographical scale than ever before -- a kind of economic apartheid.
(5 comments) SHARE Wednesday, July 13, 2016 Bernie's Seven Legacies
If it doesn't act on these critical issues that Bernie Sanders has provided, the Democratic Party will become irrelevant to the future of America, and a third party will emerge to address them. Bernie, we thank you for your courage, your inspiration, your tireless dedication, and your vision. And we will continue the fight.
SHARE Saturday, June 4, 2016 It's Not Over Until It's Over
The goals Bernie has enunciated in his campaign are essential to our future: big money out of politics and reversing widening inequality; a single-payer healthcare system and free tuition at public universities (both financed by higher taxes on the richest Americans and on Wall Street); a $15 minimum wage; decriminalization of marijuana and an end to mass incarceration; a new voting rights act; immigration and a carbon tax.
(3 comments) SHARE Tuesday, September 5, 2017 Why CEOs are Turning on Trump
Trump's unwillingness to strongly condemn the neo-Nazi's and white supremacists in Charlottesville caused business leaders to stampede off his advisory councils. Now Trump's cruel plan to end DACA, the Obama-era program that allows unauthorized immigrants who arrived in America as children to remain here, is mobilizing CEOs to make the program permanent.
(15 comments) SHARE Wednesday, April 4, 2012 The Choice in 2012: Social Darwinism or a Decent Society
The Republican budget plan is the most radical reverse-Robin Hood proposal propounded by any political party in modern America. It would save millionaires at least $150,000 a year in taxes while gutting Medicaid, Medicare, Food Stamps, transportation, child nutrition, college aid, and almost everything else average and lower-income Americans depend on.
SHARE Saturday, September 13, 2014 Harvard Business School's Role in Widening Inequality
Starting in the late 1970s, a new vision of the corporation and the role of CEOs emerged -- prodded by corporate "raiders," hostile takeovers, junk bonds, and leveraged buyouts. Shareholders began to predominate over other stakeholders. And CEOs began to view their primary role as driving up share prices. To do this, they had to cut costs -- especially payrolls, which constituted their largest expense.
(2 comments) SHARE Tuesday, May 5, 2020 Trump's Personal Gain Trumps All
Trump called his impeachment a "hoax" and initially called the coronavirus a "hoax." But the real hoax is his commitment to America. In reality he will do anything -- anything -- to hold on to power.
(2 comments) SHARE Friday, May 31, 2013 Economic Storm Clouds Ahead
The main reason stock prices have risen is corporate profits have soared. But that's largely because corporations have slashed their payrolls and keep them low. Which brings us full circle, back to the fundamental fact that wages that are going nowhere for most people.
SHARE Tuesday, April 21, 2015 How the New Flexible Economy is Making Workers' Lives Hell
Employers assign workers tentative shifts, and then notify them a half-hour or 10 minutes before the shift is scheduled to begin whether they're actually needed. Some even require workers to check in by phone, email, or text shortly before the shift starts.
SHARE Saturday, June 8, 2013 The Quiet Closing of Washington
Conservative Republicans in our nation's capital have managed to accomplish something they only dreamed of when Tea Partiers streamed into Congress at the start of 2011: They've basically shut Congress down. No jobs agenda. No budget. No grand bargain on the deficit. No background checks on guns. Nothing on climate change. No tax reform. No hike in the minimum wage. Nothing so far on immigration reform.
(1 comments) SHARE Monday, June 26, 2017 The Secret Healthcare Bill
The Senate's bill is not a healthcare bill. It's a tax cut for the wealthiest Americans, paid for by a dramatic reduction in healthcare funding for approximately 23 million poor, disabled, and working middle class Americans. If enacted, it would be the largest single transfer of wealth to the rich from the middle class and poor in American history.
(3 comments) SHARE Tuesday, June 23, 2020 America is Exceptional in All the Wrong Ways
It's decades of America's failure to provide its people the basic support they need, decades of putting corporations' bottom lines ahead of workers' paychecks, decades of letting the rich and powerful pull the strings as the rest of us barely get by.
(4 comments) SHARE Saturday, June 10, 2017 Trump's Infrastructure Investment Scam
We shouldn't have to pay twice over for the wrong infrastructure. To really make America great again we need the correct infrastructure in the right places -- infrastructure that's for the public, not for big developers and investors.
(7 comments) SHARE Tuesday, February 16, 2016 The Death of the Republican Party
Without a Party, anyone runs who's able to raise (or already possesses) the requisite money -- even if he happens to be a pathological narcissist who has never before held public office, even if he's a knave detested by all his Republican colleagues. Without a Republican Party, it's just us and them. And one of them could even become the next President of the United States.
(3 comments) SHARE Friday, December 6, 2013 One Answer to Low-Wage Work: Redistributing the Gains
without some redistribution, America's growing army of low-wage workers may fall prey to demagogues on the right or left who offer convenient scapegoats for their frustrations. In other words, we can finance much of this redistribution to the working poor by ending unnecessary redistributions to the wealthy.
(4 comments) SHARE Wednesday, July 5, 2017 Political Jujitsu: Now's The Time For Medicare For All
As Republicans in Congress move to repeal the Affordable Care Act, Democrats are moving toward Medicare for All -- a single-payer plan that builds on Medicare and would cover everyone at far lower cost. Most House Democrats are already supporting a Medicare for All bill.
(3 comments) SHARE Monday, January 29, 2018 Trump's America: Open to Global Capital, Not People
Global capital wants just one thing: A high return on its investment. Global capital doesn't care how it gets a high return. If it can get it by slashing wages, outsourcing to contract workers, polluting air and water, defrauding investors, or destroying communities, it will.
(5 comments) SHARE Tuesday, March 7, 2017 Three Terrifying Reasons for Trump's Latest Rant
We have a president who is either a dangerous paranoid who's making judgments based on right-wing crackpots, or has in all likelihood committed treason, or is willing to sacrifice public trust in our basic institutions to further his selfish goals. Each of these possible reasons is as terrifying as the other.
(1 comments) SHARE Monday, April 20, 2020 CEOs, not the unemployed, are America's real "moral hazard"
By saving the backsides of big corporations and their CEOs, the bailouts have rewarded corporate America's obsession with short-term profits regardless of longer-term risks to the corporation, its employees, and the overall economy.
(1 comments) SHARE Tuesday, February 7, 2017 Trump's War on the Courts, the Press, and the States
For Trump, evidence is irrelevant. California needs to be taught a lesson -- just as do Judge Robart and other members of the federal judiciary who defy him, just as do journalists and media outlets that criticize him. And what is that lesson? That they dare not cross Trump.
SHARE Tuesday, February 21, 2017 7 Signs of Tyranny
As tyrants take control, they exaggerate their mandate to govern... turn the public against journalists or media outlets that criticize them...repeatedly lie to the public...blame economic stresses on immigrants or racial or religious minorities...attack the motives of anyone who opposes them, including judges...appoint family members to high positions of authority...keep their personal finances secret. Sound familiar?
SHARE Wednesday, November 8, 2017 A Year Without a President
A president who's governing doesn't leave the top departments and agencies empty for almost a year. He doesn't publicly tell his Secretary of State he's wasting time trying to open relations with North Korea. Any president with the slightest interest in governing would already know and approve of what his Secretary of State was doing. He doesn't fire half his key White House staff in the first nine months, creating chaos.
(20 comments) SHARE Friday, June 9, 2017 Impeach Him Now
Rep. Al Green (D-Texas) is already drafting articles of impeachment related to Trump's firing of FBI Director James Comey, believing there's enough evidence of Trump's obstruction of justice to begin an impeachment inquiry (not to mention Trump's blatant violation of the Constitutions emoluments clause by profiting off his presidency, and much else).
But Democratic leaders are pushing back
(9 comments) SHARE Friday, February 23, 2018 Why the Common Good Disappeared (And How We Get it Back)
We have never been a perfect union; our finest moments have been when we sought to become more perfect than we had been. We can help restore the common good by striving for it and showing others it's worth the effort.
(4 comments) SHARE Sunday, May 22, 2016 Why Trump Might Win
That most Americans don't particularly like Trump is irrelevant. As one Midwesterner told me a few weeks ago, "He may be a jerk, but he's our jerk." By the same token, in this era of anti-politics, any candidate who appears to be the political establishment is at a strong disadvantage. This may be Hillary Clinton's biggest handicap.
(2 comments) SHARE Wednesday, September 18, 2019 The Secret GOP Plan to Keep Power
As demographics change and America becomes more diverse and more liberal the GOP has responded by implementing policies that will take away power from the American people. Rather than changing with the times, they've got another plan: minority rule by them.
(3 comments) SHARE Monday, May 5, 2014 The Four Biggest Right-Wing Lies About Inequality
At the least, the rich must pay higher taxes in order to pay for better-quality education for kids from poor and middle-class families. Labor unions must be strengthened, especially in lower-wage occupations, in order to give workers the bargaining power they need to get better pay. And the minimum wage must be raised. Don't listen to the right-wing lies about inequality. Know the truth, and act on it.
(1 comments) SHARE Monday, May 7, 2012 A Question of Timing: What America Can Learn from the Revolt in Europe
The first priority in America and in Europe must be growth and jobs. That means rejecting austerity economics for now, while at the same time demanding that corporations and the rich pay their fair share of the cost of keeping everyone else afloat. The proper sequence is for government to keep spending until jobs and growth are restored, and only then to take out the budget axe.
(3 comments) SHARE Saturday, February 15, 2014 America's "We" Problem
Being rich in today's America means not having to come across anyone who isn't. Exclusive prep schools, elite colleges, private jets, gated communities, tony resorts, symphony halls and opera houses, and vacation homes in the Hamptons and other exclusive vacation sites all insulate them from the rabble.
(6 comments) SHARE Friday, June 27, 2014 Break The Koch Machine
The Koch political machine would be troubling in any circumstance. But it's especially dangerous in present-day America, where wealth is more concentrated than it's been in over a century and the Supreme Court has opened the floodgates to big money.
(1 comments) SHARE Wednesday, October 17, 2018 Trump Is America's Most Dangerous Export
As in the 1930s, economic strains are fueling the rise of demagogues who direct anger and resentment toward scapegoats such as immigrants and minorities - lying about them with impunity.
(4 comments) SHARE Friday, September 16, 2011 The Republican Weapon of Mass Cynicism
The GOP has pioneered new ways to circumvent campaign finance laws, blocked all attempts at reform, and appointed and confirmed Supreme Court justices who believe corporations have First Amendment rights to spend whatever they want to corrupt our politics.
SHARE Wednesday, July 8, 2020 Brace Yourself for Trump's Great Recession
The wave of evictions and foreclosures in the next two months will be unlike anything America has experienced since the Great Depression. And unless Congress extends extra unemployment benefits beyond July 31, we're also going to have unparalleled hunger.
(4 comments) SHARE Sunday, October 28, 2012 The Final Days, the Biggest Issue, and the Clearest Choice
The top tax rate is now only 35 percent and the tax on capital gains (increases in the value of investments) is only 15 percent. Since so much of what they earn is from capital gains, many of the super-rich, like Mitt Romney himself, pay 14 percent or less. That's a lower tax rate than many middle-class Americans pay.
(2 comments) SHARE Thursday, March 29, 2012 Break Up The Big Banks, Says the Dallas Fed
As Republicans make the repeal of "Obamacare" their primary objective (and Alito, Scalia, Thomas, Roberts, and perhaps Kennedy sharpen their knives) another drama is taking place at the Fed. The question is whether Bernanke and company in Washington will heed the warnings coming from its Dallas branch, and amplify the message.
(6 comments) SHARE Thursday, March 14, 2019 The Yuge Republican Lie About The Deficit
Trump and Republicans in Congress claimed that their tax cuts for the wealthy and corporations would pay for themselves by boosting economic growth. It's the same trickle-down fairy tale they've been telling for decades. But according to the Congressional Budget Office, they haven't paid for themselves, and the deficit continues to balloon.
(5 comments) SHARE Wednesday, June 28, 2017 It's Time for Medicare for All
American spending on healthcare per person is more than twice the average in the world's 35 advanced economies. Yet Americans are sicker, our lives are shorter, and we have more chronic illnesses than in any other advanced nation. That's because medical care is so expensive for the typical American that many put off seeing a doctor until their health has seriously deteriorated.
SHARE Friday, October 12, 2018 Living in a New Gilded Age
Unless government un-rigs the market through bold antitrust action to restore competition, the hidden upward distributions from consumers and workers to corporate chieftains and major investors will grow even larger.
If Democrats ever get back in power, one of the first things they need to do is revive antitrust.
(8 comments) SHARE Monday, October 31, 2011 The Occupiers' Responsive Chord
A combination of police crackdowns and bad weather are testing the young Occupy movement. But rumors of its demise are premature, to say the least. Although numbers are hard to come by, anecdotal evidence suggests the movement is growing. As importantly, the movement has already changed the public debate in America.
(8 comments) SHARE Friday, June 13, 2014 The Three Biggest Right-Wing Lies About Poverty
The share of Americans in poverty remains around 15 percent. That's even higher than it was in the early 1970s.
How can the economy have grown so much while most people's wages go nowhere and the poor remain poor? Because almost all the gains have gone to the top.
(2 comments) SHARE Wednesday, August 19, 2020 Trump's "Law and Order" Campaign is a Distraction
Trump has refused to act to contain the coronavirus, opting to sit on the sidelines as the pandemic ravages the country. But when it comes to waging violence against his own people, he's quickly risen to the occasion.
(4 comments) SHARE Sunday, November 27, 2016 Trump's Seven Techniques to Control the Media
Responsible media hold the powerful accountable by asking them hard questions and reporting on what they do. Apparently Trump wants to eliminate such intermediaries. Historically, these seven techniques have been used by demagogues to erode the freedom and independence of the press. Even before he's sworn in, Trump seems intent on doing exactly this.
SHARE Thursday, March 26, 2020 The System: Who Rigged It, How We Fix It
The coronavirus has starkly revealed what most of us already knew: The concentration of wealth in America has created a a health care system in which the wealthy can buy care others can't.
(5 comments) SHARE Tuesday, January 24, 2017 Trump's Infrastructure Scam
Rather than taxing the wealthy and then using the money to fix our dangerously outdated roads, bridges, airports, water systems, Trump wants to give rich developers and Wall Street investors tax credits to encourage them to do it That means that for every dollar they put into a project, they'd actually pay only 18 cents and we would contribute the other 82 cents through our tax dollars.
(4 comments) SHARE Friday, September 1, 2017 When Big Money Buys Off Criticism of Big Money
According to the New York Times, one of New America's initiatives called Open Markets has been critical of the market power of tech giants like Google. Recently, the researcher who heads that initiative posted a statement on the New America Foundation website praising the European Union's penalty against Google.
(2 comments) SHARE Thursday, August 17, 2017 Trump's Civil War
Trump even tweeted a video clip of himself in a WWE professional wrestling match slamming a CNN avatar to the ground and pounding him with punches and elbows to the head. Hateful violence is hardly new to America. But never before has a president licensed it as a political strategy or considered haters part of his political base.
(2 comments) SHARE Sunday, September 25, 2016 Time for Congress to Stop Hollering at CEOs and Take Action
Shaming before congressional committees tends to reassure the public Congress is taking action. But -- especially with Republicans in charge -- Congress is doing nothing to prevent the wrongdoing from recurring. Can we be clear? CEOs have only one goal in mind -- making money. If they can make more money by misleading or price gouging, they'll continue to do so until it's no longer as profitable.
(5 comments) SHARE Monday, July 30, 2018 Why Wages Are Going Nowhere
The federal minimum wage has not been increased since 2009, and is now about where it was in 1950 when adjusted for inflation. Trump's labor department is busily repealing many rules and regulations designed to protect workers.
SHARE Sunday, November 17, 2013 What Walmart Could Learn from Henry Ford
Walmart isn't your average mom-and-pop operation. It's the largest employer in America. As such, it's the trendsetter for millions of other employers of low-wage workers. As long as Walmart keeps its wages at or near the bottom, other low-wage employers keep wages there, too. All they need do is offer $8.85 an hour to have their pick.
(4 comments) SHARE Tuesday, February 15, 2011 Why We Should Raise Taxes on the Super-Rich and Lower Them on the Middle Class
Some critics worry that if the marginal tax is raised too high, the very rich will simply take their money to a more hospitable jurisdiction. That's surely possible. Some already do. But paying taxes is a central obligation of citizenship. Those who take their money abroad in an effort to avoid paying American taxes should lose their American citizenship.
SHARE Wednesday, May 20, 2020 The Privileged and Powerful in the Pandemic
Those in power must stop viewing the pandemic as an obstacle to personal ambition. Over 300,000 people around the world have lost their lives in just four months, including more than 90,000 Americans.
SHARE Sunday, October 8, 2017 Why We Need Sanctuary States
A dragnet aimed at finding and deporting all of America's 11 million unauthorized immigrants is cruel, costly, and contemptible. It turns this country into more of a police state, breaks up families, and hurts the economy.
(5 comments) SHARE Tuesday, November 8, 2011 The Corporate Pledge of Allegiance
By flooding our democracy with their shareholders' money, big corporations are violating their shareholders' First Amendment rights because shareholders aren't consulted. They're simultaneously suppressing the First Amendment rights of the rest of us because, given how much money they're throwing around, we don't have enough money to be heard.
(3 comments) SHARE Sunday, September 22, 2013 American Bile
Most people are on a downward escalator. Although jobs are slowly returning, pay is not. Most jobs created since the start of the recovery in 2009, pay less than the jobs that were lost during the Great Recession. This means many people are working harder than ever, but still getting nowhere. They're increasingly pessimistic about their chances of ever doing better.
(6 comments) SHARE Monday, August 18, 2014 The Disease of American Democracy
If we give up on politics, we're done for. Powerlessness is a self-fulfilling prophesy. The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized. We need to do what we can do best -- use our voices, our vigor, and our votes.
(2 comments) SHARE Thursday, September 20, 2012 Four Reasons Why Romney Might Still Win
The GOP is encouraging what can only be termed "voter vigilante" groups to "monitor polling stations to prevent fraud" -- which means intimidating minorities who have every right to vote. We can't know at this point how successful these efforts may be but it's a dangerous wildcard. And what about those Diebold voting machines? So don't for a moment believe "Romney's dead," and don't be complacent.
(7 comments) SHARE Sunday, June 14, 2015 Why the Trans Pacific Partnership is Nearly Dead
America's real-life distributional game is analogous, as a few at the top gain increasing political power to alter the rules of the game to their advantage. If the American economy continues to create a few big winners and many who feel like losers by comparison, opposition to free trade won't be the only casualty. Losers are likely to find many other ways to say "no deal."
(2 comments) SHARE Sunday, April 15, 2012 Why a Fair Economy is Not Incompatible with Growth but Essential to It
What we should have learned over the last half century is that growth doesn't trickle down from the top. It percolates upward from working people who are adequately educated, healthy, sufficiently rewarded, and who feel they have a fair chance to make it in America. Fairness isn't incompatible with growth. It's necessary for it.
(1 comments) SHARE Thursday, April 28, 2011 The Oil Company Gusher
Let's not fool ourselves--or be fooled. There's no reason to continue to give giant oil companies a $4 billion a year tax windfall. Nor any reason to expand drilling on federal lands or on our seashores. But there are strong reasons to invest in renewable energy--even in a time of budget austerity. Use the $4 billion this way. Why not a windfall profits tax to the oil companies, to be used for renewable energy?
SHARE Tuesday, July 3, 2018 Trump's Art of the No Deal
Trump promised to be America's dealmaker in chief, touting his "extraordinary" ability to negotiate. But so far -- whether he's dealing with foreign governments or with Congress -- Trump has shown that he can't make a deal. He only pretends he's made deals that soon evaporate. He's perfected the art of the no deal.
SHARE Friday, October 20, 2017 Why We Must All Fight for the Dream Act
These kids grew up in America. To enter the DACA program they already had to step forward and show that they were contributing to their communities and then prove it again every two years to stay in the program. It is immoral to now put them in the crosshairs of deportation. The DACA fight is my fight, and I stand with the dreamers -- and I hope you will too.
SHARE Thursday, May 25, 2017 Trump's Cruel and Deviant Budget
For years, conservatives warned that liberals were "defining deviancy downward." They said that by tolerating bad social behavior, liberals in effect lowered what was deemed acceptable behavior overall -- allowing social norms to decline.
There was never a lot of evidence for that view, but there's little question that Donald Trump is actively defining deviancy downward for the nation as a whole
(2 comments) SHARE Sunday, November 11, 2018 Amazon, and America's Real Divide
Amazon's business isn't just selling stuff over the Internet. It's getting consumers anything they want, faster and better. To do so, it depends on a continuous flow of great new ideas.
(8 comments) SHARE Thursday, January 12, 2017 Five Ways Trump's "News Conference" Wasn't a News Conference
In his news conference, Trump continued calling the media "dishonest." This is part of his continuing effort to discredit the press and to reduce public confidence in it.
He condemned individual news outlets. Trump criticized CNN for dispensing "fake news," called Buzzfeed "a pile of garbage," and sarcastically called the BBC "another beauty."
(2 comments) SHARE Monday, July 30, 2012 The Terrible Economy and the Anti-Election of 2012
Polls give Obama a slight edge in the critical eight or so battleground states, so, the thinking goes in the Obama camp, why say anything that might give Romney and the GOP a target? Besides, polls also show Romney isn't well-liked by the electorate. So Obama has decided to campaign as the anti-Romney.
SHARE Wednesday, May 27, 2020 My Advice to the Class of 2020
Here's my message to the Class of 2020: I'm not going to beat around the bush. These are hard times. You're graduating into the worst economy in 80 years, and we don't have any idea when or how the economy will recover. Much depends on the course of this tragic pandemic.
(10 comments) SHARE Friday, August 5, 2011 The Republican's Double-Dip, and What Must Be Done
We need a bold jobs bill to restart the economy. Give employers tax credits for net new jobs. Extend unemployment insurance. Provide partial unemployment benefits to people who have lost part-time jobs. Start an infrastructure bank. The jobs bill should be number one on the nation's agenda. It should have been all along.
(4 comments) SHARE Monday, January 22, 2018 How Trump is Destroying the GOP
America has never had a president as deeply unpopular at this stage of his presidency, or one who has sucked up more political oxygen. This isn't good news for the Republican Party this November or in the future, because, after a year with the raving man-child who now occupies the White House, the GOP has sold its soul to Trump.
(6 comments) SHARE Sunday, October 23, 2016 The Trust Destroyers
There is a vicious cycle of public distrust. Our economic and political systems appear to be rigged, because, to an increasing extent, they are. Which makes the public ever more cynical -- and, ironically, more willing to believe half-baked conspiracy theories such as Trump's bizarre claim that the upcoming election is rigged.
(2 comments) SHARE Thursday, September 8, 2016 There's One Big Unfinished Promise By Bill Clinton that Hillary Should Put to Bed
When Bill Clinton first proposed his plan, compensation for CEOs at America's 350 largest corporations averaged $4.9 million. By the end of the Clinton administration, it had ballooned to $20.3 million. Since then, it's gone into the stratosphere. And because corporations can deduct all this from their corporate income taxes, you and I and other taxpayers have been subsidizing this growing bonanza.
(5 comments) SHARE Friday, May 4, 2012 The Stall Has Arrived
We've still got a terrible cyclical problem -- we can't get out of the gravitational pull of the Great Recession. There's no way to put the mask back on. We've got to face the truth. Obama and the Democrats have to explain to the American people why inequality isn't just unfair; it's also economically unsustainable.
(1 comments) SHARE Tuesday, May 19, 2015 The Revolt of Small Business Republicans
Big corporations have extended their dominance over large swaths of the economy. They've expanded their intellectual property, merged with or acquired other companies in the same industry, and gained control over networks and platforms that have become industry standards.
(3 comments) SHARE Monday, March 26, 2018 The Real Uses of Trump's Fanatics
Now that Trump is being pushed into a corner, he's reorganizing his team for an epic marketing battle. This requires purging naysayers from his Cabinet and White House staff because naysayers are terrible at marketing, and replacing them with tried-and-true salespeople, like Bolton and Kudlow. Fox News -- Trump's propaganda arm -- is being reorganized for the same battle.
(1 comments) SHARE Tuesday, February 28, 2012 No Longer Home Sweet Home: The Ongoing Housing Crisis and the End of an Era
The biggest continuing problem for most Americans is their homes. Houses are the major assets of the American middle class. Most Americans are therefore far poorer than they were six years ago. Almost one out of three homeowners with a mortgage is now "underwater," owing more to the banks than their homes are worth on the market.
(6 comments) SHARE Tuesday, August 7, 2018 Where Trump Sees Foreign Danger
The attribute we must hold most secure because it defines who we are and what we strive for -- is a system of government "of the people, by the people, for the people," as Lincoln put it. Trump cares more about unauthorized immigrants and Chinese imports than about the sanctity of our democracy. This is a tragic mistake.
(1 comments) SHARE Wednesday, June 6, 2018 The Unconstitutional Census Power Grab
It's no secret that immigrants with the right to vote tend to vote for Democrats. So undercounting neighborhoods that are heavily Latino or Asian would mean fewer Democratic members of Congress. This is nothing but a Republican power grab orchestrated by the White House.
SHARE Sunday, September 26, 2010 Republican Economics as Social Darwinism
Republicans have wanted to destroy Social Security since it was invented in 1935 by my predecessor as labor secretary, the great Frances Perkins. Remember George W. Bush's proposal to privatize it? Had America agreed with him, millions of retirees would have been impoverished in 2008 when the stock market imploded.
(3 comments) SHARE Saturday, March 2, 2013 The Sequester and the Tea Party Plot
The President should let the public see the Tea Partiers for who they are -- a small, radical minority intent on dismantling the government of the United States. As long as they are allowed to dictate the terms of public debate they will continue to hold the rest of us hostage to their extremism.
(2 comments) SHARE Monday, June 10, 2019 The Same Old Scare Tactic About Socialism
If we don't want to live in a survival-of-the-fittest society in which only the richest and most powerful can endure, government has to do three basic things: regulate corporations, provide social insurance against unforeseen hardships, and support public investments such as schools and public transportation.
SHARE Thursday, March 19, 2020 What's Missing From the Coronavirus Bill
Corporate tax cuts won't save us. The coronavirus doesn't distinguish between rich and poor. We are in this imminent health and economic emergency together, and our own health and well-being are dependent on the health and well-being of everyone else.
(9 comments) SHARE Wednesday, March 31, 2010 Fraud on the Street
While financial reform is needed, there's no reason to wait for it. Sarbanes-Oxley is already there. It's not the law, but the will to enforce it that we lack.
(3 comments) SHARE Sunday, October 13, 2013 Why Giving Republican Bullies a Bloody Nose Isn't Enough
Now is the time to lance the boil of Republican extremism once and for all.
Since Barack Obama became president, the extremists who have taken over the Republican Party have escalated their demands every time he's caved, using the entire government of the United States as their bargaining chit.
(7 comments) SHARE Friday, November 11, 2016 Why We Need a New Democratic Party
We need a people's party -- a party capable of organizing and mobilizing Americans in opposition to Donald Trump's Republican party, which is about to take over all three branches of the U.S. government. We need a New Democratic Party that will fight against intolerance and widening inequality.
(2 comments) SHARE Tuesday, May 8, 2018 The Financial Hardships of Trump's Friends
In contrast to their argument that the poor need less help in order to work harder, Trump and his enablers justify regulatory and tax handouts to Carl Icahn and his ilk by arguing the rich need more in order to work harder. Trumponomics is a thin veneer of an excuse for giving America's rich -- already richer than ever -- whatever they want, while sticking it to everyone else.
SHARE Saturday, April 21, 2018 Can Trump Fire Special Counsel Robert Mueller?
Justice Department regulations issued in 1999, in the wake of Kenneth Starr's investigation of Bill Clinton, say that only an Attorney General can remove a special counsel, and not just for any reason. Such a removal must be based on a finding that the special counsel was guilty of "misconduct, dereliction of duty, incapacity, conflict of interest, or for other good cause, including violation of Departmental policies."
(1 comments) SHARE Wednesday, January 31, 2018 The Next Big Fight
Fresh off passing massive tax cuts for corporations and the wealthy, Trump and congressional Republicans want to use the deficit they've created to justify huge cuts to Social Security, Medicare, and Medicaid. Medicaid is also a vital lifeline for America's elderly and the poor. Yet the Trump administration has already started whittling it away by encouraging states to impose work requirements on Medicaid recipients.
SHARE Friday, January 19, 2018 Trump's Shareholder Bonanza
The expectation of a big corporate tax cut have caused shares to soar. Because the richest 1 percent of Americans owns 40 percent of all shares of stock, and the richest fifth owns 80 percent, this is great news for the wealthy. It's not great news for anyone else.
(2 comments) SHARE Thursday, February 24, 2011 The Republican Shakedown
You can't fight something with nothing. But as long as Democrats refuse to talk about the almost unprecedented buildup of income, wealth, and power at the top -- and the refusal of the super-rich to pay their fair share of the nation's bills -- Republicans will convince people it's all about government and unions.
SHARE Saturday, December 1, 2018 What's A Subpoena -- And Should Trump Fear It?
A subpoena is a legal command from a court or from one or both houses of Congress to do something -- like testify or present information. The term "subpoena" literally means "under penalty." Someone who receives a subpoena but doesn't comply with it may be subject to civil or criminal penalties.
(4 comments) SHARE Tuesday, February 20, 2018 The Three Choices When it Comes to Trump
This coming November 6, 34 senate seats, all 435 seats in the House of Representatives, and 36 governorships will be up for election or re-election. Support primary candidates who will resist Trump. Mobilize to get out the vote. Organize so that November 6 becomes a total repudiation of Donald Trump and all he stands for.
(4 comments) SHARE Tuesday, May 10, 2011 The Unbearable Lightness of Being Mitt
One of my regrets in life is losing the chance to debate Mitt Romney and whip his ass. Mitt Romney's great strength is he looks, sounds, and acts presidential. Mitt Romney is the perfect candidate for people uncomfortable that their president is black. Mitt is their great white hope.
(9 comments) SHARE Sunday, June 19, 2016 A Big Idea for Hillary
Will Hillary Clinton make restoring democracy her big idea? When she announced her candidacy she said "the deck is stacked in favor of those at the top" and that she wants to be the "champion" of "everyday Americans." The best way to ensure everyday Americans get a fair deal is to make our democracy work again.
SHARE Wednesday, January 11, 2012 The Bain of Capitalism
None of these Republican candidates has exactly distinguished himself with new ideas for giving Americans more economic security. To the contrary -- until the assault on Romney and Bain Capital -- every one of them has been a cheerleader for financial capitalism of the most brutal sort.
(6 comments) SHARE Monday, September 6, 2010 The Wealthy Have Enough Money -- It's Time to Put Some Cash in Your Pocket
This crisis began decades ago when a new wave of technology -- things like satellite communications, container ships, computers and eventually the Internet -- made it cheaper for American employers to use low-wage labor abroad or labor-replacing software here at home than to continue paying the typical worker a middle-class wage.
SHARE Monday, June 8, 2015 Anticipatory Bribery
Former government officials, including members of Congress, shouldn't be able to lobby or take jobs in industries over which they had some oversight, for at least three years after leaving office. Once they declare, even their spouses should desist from collecting big bucks that could look like anticipatory bribes.
(2 comments) SHARE Monday, January 16, 2017 Trump's Plan to Neuter the White House Press Corps, and Neuter Our Democracy
The incoming Trump administration is considering evicting the White House press corps from the press room inside the White House and moving them -- and news conferences -- to a conference center or to the Old Executive Office Building. The Trump administration is intent on neutering the White House press corps. If it happens it will be another step toward neutering our democracy.
(3 comments) SHARE Monday, January 30, 2017 Trump and Bannon's "America First"
Trump is unhinged and ignorant. Bannon is nuts and malicious. If not supervised by the Joint Chiefs of Staff, their decisions could endanger the world. In Trump's and Bannon's view, foreign relations is a zero-sum game. If another nation gains, we lose. Unsupervised by people who know what they're doing, Trump and Bannon could bring the world closer to a nuclear holocaust.
SHARE Wednesday, October 11, 2017 Why The Republican Tax Plan Is More Failed Trickle-Down Economics*
Trump and conservatives in Congress are planning a big tax cut for millionaires and billionaires. To justify it they're using the oldest song in their playbook, claiming tax cuts on the rich will trickle down to working families in the form of stronger economic growth. Baloney. Trickle-down economics is a cruel joke.
(2 comments) SHARE Monday, October 18, 2010 The Perfect Storm
We're back to the late 19th century when the lackeys of robber barons literally deposited sacks of cash on the desks of friendly legislators. The public never knew who was bribing whom. Most Americans are in trouble. Their jobs, incomes, savings, and even homes are on the line. They need a government that's working for them, not for the privileged and the powerful.
(3 comments) SHARE Saturday, February 25, 2017 Boycotting Trump
Both Nordstrom and Neiman Marcus, among other retailers, have dropped Trump brands, both Ivanka's and her father's. Their decisions came amid calls for a boycott against retailers that carry Trump products.
SHARE Sunday, May 24, 2020 A Tale of Two Pandemics
No description of the coronavirus is more misleading than calling it "the great equalizer." The horrific truth is that Native Americans, Latinos, and African-Americans are dying at much higher rates than white people -- and we don't know the half of it.
(2 comments) SHARE Monday, January 7, 2013 The Hoax of Entitlement Reform
Taming future deficits requires three steps having nothing to do with entitlements: Limiting the growth of overall healthcare costs, cutting our bloated military, and ending corporate welfare (tax breaks and subsidies targeted to particular firms and industries). Obsessing about "entitlement reform" only serves to distract us from these more important endeavors.
(3 comments) SHARE Wednesday, November 14, 2018 Time For Medicare For All
Most Americans support expanding access to quality, affordable care through Medicare for All. Yet Trump and the Republicans continue to try to gut the Affordable Care Act and take away care from tens of millions. It's time for Medicare for All.
(2 comments) SHARE Thursday, December 12, 2013 When Charity Begins at Home (Particularly the Homes of the Wealthy)
A while ago, New York's Lincoln Center held a fund-raising gala supported by the charitable contributions of hedge fund industry leaders, some of whom take home $1 billion a year. I may be missing something but this doesn't strike me as charity, either. Poor New Yorkers rarely attend concerts at Lincoln Center. Congress might consider limiting the charitable deduction to real charities.
SHARE Friday, October 29, 2010 Halliburton and the Upcoming Election
Halliburton has not sat out this election. Last May, as Congress began investigating its role in the disaster, its political action committee made 14 contributions -- 13 to Republicans and one to a Democrat. Halliburton isn't on the ballot next Tuesday, but it might as well be.
(1 comments) SHARE Wednesday, February 28, 2018 Why We Need Rise-Up Economics, Not Trickle-Down
In the three decades following World War II, we made huge investments in education, health, and infrastructure. The result was rising median incomes. Since then, public investments have lagged, and median incomes have stagnated.
Meanwhile, Ronald Reagan and George W. Bush's tax cuts on the top didn't raise incomes, and neither will Donald Trump's. Trickle-down economics is a hoax.
SHARE Sunday, December 10, 2017 SLAPP Lawsuits: The Biggest Threat To The Resistance You Never Heard Of
Winning isn't necessarily the goal of SLAPP suits. Just by filing the suits, Energy Transfer Partners and Resolute are trying to drain environmental groups of time, energy, and resources they need, so they can't continue to fight to protect the environment. If the goal is to silence public-interest groups, the rest of us must speak out. Wealthy corporations must know they can't SLAPP the public into silence.
(4 comments) SHARE Monday, September 16, 2019 Reasons for Optimism
The arc of American history reveals an unmistakable pattern. Whenever privilege and power conspire to pull us backward, we eventually rally and move forward.
SHARE Thursday, August 20, 2015 Corporate Welfare In California
Back in 1978, corporations paid 44 percent of all property taxes and homeowners paid 56 percent. Now, after exploiting this loophole for years, corporations pay only 28 percent of property taxes, while homeowners pick up 72 percent of the tab.
(2 comments) SHARE Friday, October 14, 2011 The Triumph of Dogma, and a Sad Goodbye to David Frum
The Republican Party has become so extreme that it's more and more difficult for anyone to rationally "represent" its views. As Frum put in in a post on his website, FrumForum, "Under the pressure of the current crisis -- intoxicated by anti-Obama feelings and incited by talk radio and Fox -- Republicans have staked out an extreme position on the role of government."
(3 comments) SHARE Monday, January 19, 2015 The New Compassionate Conservatism and Trickle-Down Economics
When Jeb Bush admits that the income gap is real but that "only conservative principles can solve it," one has to wonder what principles he's talking about if not these. And when Mitt Romney promises to run a different campaign than he did in 2012 and focus on "opportunity for all people," the real question is whether he'll run on different economic principles.
(1 comments) SHARE Saturday, February 11, 2017 Who Lacks Respect for the Office of the President?
Donald Trump lacks respect for and recognition of the dignity of the office of the president. Trump continues to rake in money from his businesses that benefit from his being president. Every day that goes by, Trump further disgraces the office he holds. His lack of respect for the presidency knows no bounds.
(8 comments) SHARE Wednesday, August 25, 2010 Tax Jujitsu: Why Democrats Should Propose a "People's Tax Cut"
Republicans are calling the Democrat's proposal to end the Bush tax cuts on the richest 3 percent a "tax increase." This is baloney. Democrats should call it the People's Tax Cut, and let Republicans explain why they're against it.
SHARE Wednesday, April 15, 2020 Trump's Failed Coronavirus Response
Trump's priority was never public health. It was about making the virus seem like less of a nuisance so that the "numbers" would "look good" for his reelection.
(17 comments) SHARE Thursday, December 20, 2012 Cliff Hanger: The President's Unnecessary and Unwise Concessions
The President is offering to continue Bush tax cuts for people earning between $250,000 and $400,000, and cut Social Security by reducing cost-of-living adjustments. These concessions aren't necessary. If the nation goes over the so-called "fiscal cliff" and tax rates return to what they were under Clinton, Democrats can then introduce a tax cut for everyone earning under $250,000, retroactive to the start of the year.
(8 comments) SHARE Wednesday, February 13, 2013 The Biggest Republican Lie
Republicans who say the budget deficit is responsible for this are living on another planet. Consumers still don't have the jobs and wages, nor ability to borrow, they had before the recession. So their belts are still tight. To make matters worse, the temporary cut in Social Security taxes ended January 1, subtracting an additional $1,000 from the typical American paycheck.
(2 comments) SHARE Sunday, December 27, 2020 Trump's Vilest Legacy
Most of the 74,222,957 Americans who voted to reelect Donald Trump -- 46.8 percent of the votes cast in the 2020 presidential election -- don't hold Trump accountable for what he's done to America.
Their acceptance of Trump's behavior will be his vilest legacy.
(3 comments) SHARE Saturday, July 14, 2018 7 Truths About Immigration
Trump's claim that undocumented immigrants generate more crime is dead wrong. Both legal and undocumented immigrants are significantly less likely to commit crimes than people born in the United States. Violent crime rates in America are actually at historical lows, with the homicide rate back to its level from the early 1960s.
(4 comments) SHARE Sunday, February 13, 2011 Obama Shouldn't Allow Republicans to Frame the Debate as How Much Spending Should Be Cut
Obama pours gas on the Republican flame by proposing a 2012 federal budget that cuts the federal deficit by $1.1 trillion over 10 years. About $400 billion of this will come from a five-year freeze on non-security discretionary spending--including all sorts of programs for poor and working-class Americans, such as heating assistance to low-income people. Most of the rest from additional spending cuts.
SHARE Thursday, March 2, 2017 Trump's 10 Steps for Turning Lies into Half-Truths
Donald Trump is the most lying president we've ever had, and he seems to get away with it. Don't let Trump's lies become near truths. Be vigilant. Know the truth, and spread it. The media should stop mincing words. Report Trump's lies as lies.
SHARE Friday, March 16, 2018 Trump's Humongous Infrastructure Con
It's the biggest Trump con since he told Americans the tax cut would help them more than the rich. He's calling for a $1.5 trillion boost in infrastructure spending -- but he's proposing just $200 billion in federal funding. So where does the rest come from? Tax hikes on the middle-class and poor, and from private investors.
(7 comments) SHARE Sunday, July 24, 2016 Does Hillary Get It?
Hillary Clinton doesn't need to move toward the "middle." In fact, such a move could hurt her if it's perceived to be compromising the stances she took in the primaries in order to be more acceptable to Democratic movers and shakers. She must make clear the best way to end crony capitalism and make America work for the many is to strengthen American democracy.
(2 comments) SHARE Saturday, September 24, 2011 When Will Wall Street Call for More Federal Spending?
The crack in the Republican Party between its establishment and Tea Party wings is viewed politically as a contest between Mitt Romney and Rick Perry. But in reality it's a brewing fight between economic pragmatists and right-wing ideologues.
(3 comments) SHARE Friday, July 13, 2012 The Selling of American Democracy: The Perfect Storm
Compared to what the GOP is doing this year, Democrats are conducting a high-school bake sale. The mega-selling of American democracy is a Republican invention, and Romney and the GOP are its major beneficiaries. Losers aren't just Democrats. They're the American people. Make a ruckus. Don't fall into the seductive trap of cynicism. That's what the sellers of American democracy are counting on. We give up, they win everything.
(2 comments) SHARE Saturday, January 21, 2017 The Life of the Party: 7 Truths for Democrats
The ongoing contest between the Hillary Clinton and Bernie Sanders wings of the Democratic Party continues to divide Democrats. It's urgent Democrats stop squabbling. The future is bleak unless the Party radically reforms itself. If Republicans do well in the 2018 midterms, they'll control Congress and the Supreme Court for years. If they continue to hold most statehouses, they could entrench themselves for a generation.
(1 comments) SHARE Thursday, September 13, 2012 The Wrong Way to Save Money on Health Care
The profits are largely due to lower corporate costs, especially when it comes to their payrolls. Employer-provided health and pension contributions are shrinking, and the real median wage continues to drop.
High unemployment has given companies more bargaining leverage over their workers, who have to accept lower real pay and benefits or risk losing their jobs.
(4 comments) SHARE Thursday, February 9, 2017 A Good Idea, Even if It's From Republicans
A group of former Republican officials (including James A. Baker, Henry Paulson, George P. Shultz, Marty Feldstein and Greg Mankiw) is proposing a carbon tax starting the tax at $40 per ton, that would gradually increase. The proceeds of the tax would be distributed to every American.
(3 comments) SHARE Monday, July 28, 2014 The Increasing Irrelevance of Corporate Nationality
Since 2000, almost every big American multi-national corporation has created more jobs outside the United States than inside. If you add in their foreign sub-contractors, the foreign total is even higher. Let's stop worrying about whether big global corporations are "American." We can't win that game. Focus instead on what we want global corporations of whatever nationality to do in America, and how we can get them to do it.
SHARE Monday, November 13, 2017 Patriotism, Taxes, and Trump
A slew of analyses show that the GOP plan will raise taxes on many middle-class families.
It will also require cuts in government programs that middle and lower-income Americans depend on, such as Medicare and Medicaid. And the plan will almost certainly explode the national debt, eventually causing many middle class and poor families to pay higher interest.
(2 comments) SHARE Monday, October 3, 2016 The Real Scandal of Trump Paying No Taxes
Bankruptcy is also easy to utilize, if you're wealthy enough to find a good bankruptcy lawyer who can use the bankruptcy code repeatedly to shelter your fortune and avoid paying your debts. Trump has used bankruptcy to stiff his creditors at least four times. The real scandal here is that Trump and other hugely wealthy people can get away with this, and do so all the time.
SHARE Sunday, June 21, 2015 #10. End Mass Incarceration Now
Black people are incarcerated at a rate five times that of whites, and Latinos incarcerated at a rate double that of white Americans. Instead of locking people up unjustly, and then locking them out of the economy for the rest of their lives, we need to stop wasting human talent and start opening doors of opportunity -- to everyone.
(2 comments) SHARE Sunday, August 10, 2014 The Rebirth of Stakeholder Capitalism?
In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders -- if they abandoned their other stakeholders. You might conclude we went a bit overboard with shareholder capitalism.
(2 comments) SHARE Tuesday, October 23, 2018 Democrats: Don't Go High or Low. Go Big and Bold
Tyrants create cults of personality. Trump is beyond that. He equates America with himself, and disloyalty to him with insufficient patriotism. In his mind, a giant "Trump" sign hangs over the nation. "We" are his supporters, acolytes, and toadies. "They" are the rest of us.
(7 comments) SHARE Sunday, September 27, 2015 Why Big Tech May Be Getting Too Big
Economic and political power can't be separated because dominant corporations gain political influence over how markets are maintained and enforced, which enlarges their economic power further. One of the original goals of antitrust law was to prevent this.
(4 comments) SHARE Tuesday, April 17, 2018 While China Picks Winners, Trump Picks Losers
America has always had an industrial policy. The real question is whether it's forward-looking (the Internet, solar, zero-emissions buses) or backwards (coal). Trump wants a backwards industrial policy. That's not surprising, given that everything else he and his administration are doing is designed to take us backwards.
SHARE Monday, October 23, 2017 How to End Crony Capitalism
Big money is buying giant tax cuts, allowing Russia to interfere in future elections, and killing Americans. That's just the tip of the corrupt iceberg that's sinking our democracy. Republicans may be taking more big money, but both parties have been raking it in.
(13 comments) SHARE Tuesday, September 10, 2013 Beware Capitalist Tools
Businesses need consumers in order to prosper and grow. Consumers are the real job creators. In the United States, 70 percent of economic activity is personal consumption. Unless the vast middle class, and everyone seeking to join it, have enough money in their pockets -- and share sufficiently in the gains from growth -- businesses cannot possibly do well. The real job creators are the middle class.
(2 comments) SHARE Monday, September 2, 2013 Before the Battles Resume in Washington: A Reminder about What's Really at Stake
As wealth and income rise to the top, moreover, so does political power. This continues to squeeze public budgets, corrupt government, and undermine our democracy. The issue is not and has never been the size of our government; it's who the government is for. Government has become less responsive to the needs of most citizens and more responsive to the demands of the monied interests.
(2 comments) SHARE Thursday, March 3, 2016 Why the Critics of Bernienomics Are Wrong
Not a day goes by, it seems, without the mainstream media bashing Bernie Sanders's economic plan -- quoting certain economists as saying his numbers don't add up. (The New York Times did it again just yesterday.) They're wrong. You need to know the truth, and spread it.
(4 comments) SHARE Friday, September 28, 2012 Romney's Goal For The Companies Bain Acquired: "Harvest Them At Significant Profit"
For years, higher corporate profits have come at the expense of fewer jobs and lower wages. Business leaders and financiers have been "harvesting" like mad, leaving most Americans behind in the dirt. WFor years, higher corporate profits have come at the expense of fewer jobs and lower wages. Business leaders and financiers have been "harvesting" like mad, leaving most Americans behind in the dirt.
SHARE Tuesday, June 28, 2016 The Choice of Patriotism
Donald Trump famously wants to ban all Muslims from coming to America, and to build a wall along the Mexican border to keep out Mexicans. Exclusive patriotism is not welcoming or generous. Since the war in Syria began in 2011, we've allowed in only 3,127 out of the more than 4 million refugees who have fled that nation.
SHARE Sunday, January 8, 2017 The First 100 Days Resistance Agenda
Trump's First 100 Day agenda includes repealing environmental regulations, Obamacare, and the Dodd-Frank Act, giving the rich and big corporations a huge tax cut, and putting in place a cabinet that doesn't believe in the Voting Rights Act or public schools or Medicare or the Fair Housing Act. Our 100 days of resistance begins a sustained and powerful opposition.
(1 comments) SHARE Wednesday, October 19, 2016 Take Back The Senate!
Many Democrats on the ballot this year are progressives who have been fighting to raise the minimum wage, expand Social Security, provide paid sick leave and paid parental leave. Win five of these races and we'd have a chance for a Supreme Court that would prioritize the rights and needs of average Americans rather than big corporations and overturn Citizens United!
(7 comments) SHARE Friday, June 15, 2018 The Military Industrial Drain
Since 2001, the Pentagon budget has soared from $456 billion--in today's dollars--to $700 billion, including the costs of the wars in Iraq and Afghanistan and other national security expenses. When you include spending on the military and war, veterans' benefits, and homeland security, military-related spending now eats up 67 percent of all federal discretionary spending.
(5 comments) SHARE Wednesday, July 17, 2013 Why We Should Stop Subsidizing Sky-High CEO Pay
Between 2007 and 2010, a total of $121.5 billion in executive compensation was deducted from corporate earnings, and roughly 55 percent of this total was for performance-based compensation. Given all the games, it's likely much of this "performance" was baloney.
(4 comments) SHARE Saturday, July 25, 2015 Happy Birthday Medicare
Medicare turns 50 next week. It was signed into law July 30, 1965 -- the crowning achievement of Lyndon Johnson's Great Society. It's more popular than ever. Yet Medicare continues to be blamed for America's present and future budget problems. That's baloney. Medicare isn't the problem. In fact, it's the solution.
(3 comments) SHARE Thursday, April 5, 2012 The Fable of the Century
Imagine the candidacy of the private equity manager (and all the money he and his friends use to try to sell their lies) has the opposite effect. It awakens the citizens of the country to what is happening to their economy and their democracy. It ignites a movement among the citizens to take it all back. Just a fable, of course. But the ending is up to you.
(2 comments) SHARE Tuesday, November 15, 2011 Occupiers Occupied: The Hijacking of the First Amendment
This tsunami of big money into politics is the real public nuisance. It's making it almost impossible for the voices of average Americans to be heard because most of us don't have the dough to break through.
(2 comments) SHARE Sunday, January 3, 2021 Sedition
Eleven Republican senators and senators-elect said today they will vote to reject President-elect Joseph R. Biden Jr.'s victory next Wednesday when Congress meets to formally certify it.
(2 comments) SHARE Wednesday, July 6, 2016 The Huckster Populist
The real Donald Trump thinks U.S. wages are too high, and has fought against the unionization of his hotel employees. His businesses outsource abroad like mad. Most of the suits, ties and cuff links he peddles are made in China; his luxury line of furniture comes from Turkey; the crystal for his Trump Home line is produced in Slovenia. The real Trump isn't a populist. He's a plutocrat.
SHARE Saturday, December 10, 2016 Why Liberal States Won America's Tax Experiment
Economic success depends on tax revenues that go into public investments, and regulations that protect the environment and public health. And true economic success results in high wages. The next time you hear a conservative say "low taxes, few regulations, and low wages are the keys to economic business-friendly success, just remember Kansas, Texas, and California. The conservative formula is wrong.
(2 comments) SHARE Tuesday, August 30, 2016 Time After Trump
This has been the strangest election year in modern history, partly because such a large swath of Americans -- Republicans, Democrats, and Independents -- have concluded the system is rigged in favor of the privileged and powerful.
Trumpism will continue after Trump loses. The open question is whether anything good can be salvaged from its wreckage.
(1 comments) SHARE Monday, November 10, 2014 The Choice of the Century
What the President and other Democrats failed to communicate wasn't their accomplishments. It was their understanding that the economy is failing most Americans and big money is overrunning our democracy. And they failed to convey their commitment to an economy and a democracy that serve the vast majority rather than a minority at the top. Some Democrats even ran on not being Barack Obama.
SHARE Friday, December 23, 2016 Trump's Attack on the Freedom of the Press
The word "media" comes from "intermediate" between the powerful and the public. The media hold the powerful accountable by correcting their mis-statements, asking them hard questions, and reporting on what they do. Apparently Trump wants to eliminate such intermediaries.
(3 comments) SHARE Wednesday, March 26, 2014 The New Billionaire Political Bosses
In using their vast wealth to change those rules and laws in order to fit their political views, the Koch brothers are undermining our democracy. That's a betrayal of the most precious thing Americans share. The only way to stop this is through concerted political action. Yet the only large-scale political action we're witnessing is that of Charles and David Koch, and their billionaire imitators.
(1 comments) SHARE Monday, September 28, 2015 Donald Trump Proves What's Wrong With Bankruptcy Laws in America
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble. Bankruptcy laws protect them. But workers who move to a place like Atlantic City for a job, invest in a home there, and build their skills have no such protection.
(2 comments) SHARE Thursday, September 1, 2016 Standing up to Apple
For years, Washington lawmakers on both sides of the aisle have attacked big corporations for avoiding taxes by parking their profits overseas. Last week the European Union did something about it. The European Union's executive commission ordered Ireland to collect $14.5 billion in back taxes from Apple. But rather than congratulate Europe for standing up to Apple, official Washington is outraged.
(7 comments) SHARE Monday, May 2, 2016 The Third Way: Share-the-Gains Capitalism
The vast majority of American companies are still locked in the old hyper-capitalist model that views workers as costs to be cut rather than as partners to share in success. That's largely because Wall Street still looks unfavorably on such collaboration. The Street's analysts don't believe hourly workers have much to contribute to the bottom line.
SHARE Wednesday, January 9, 2019 The Big Economic Switcheroo
The rich used to pay higher taxes to the government. Now, the government pays the rich interest on a swelling debt, caused largely by lower taxes on the rich. Which means a growing portion of everyone else's taxes are now paying the rich interest on those loans, instead of paying for government services everyone needs. The big switcheroo should be reversed.
(1 comments) SHARE Tuesday, June 11, 2019 The Seven Biggest Failures of Trumponomics
The real recipe for economic growth is to invest in Americans -- in their health, education, job training, and infrastructure. But Trumponomics has exploded the deficit, hurt ordinary Americans, and lined the pockets of the wealthy and corporations. Don't let Trump and Republicans claim otherwise.
(4 comments) SHARE Monday, November 5, 2018 Why We Must Vote Every Republican Out of Office
Trump has made this election into a referendum on him. He is an historic anomaly -- a president who lies incessantly; who generates fear and fuels hatefulness; who viciously attacks the free press, political opponents, all who disagree with him; who uses his office for personal gain; and who cozies up to dictators while abandoning America's historic friends.
(5 comments) SHARE Friday, September 6, 2013 Syria and the Reality at Home in America
While attention is focused on Syria, food stamps for the nation's poor are being cut. House Republicans would eliminate food stamps for more than 800,000 Americans who now receive them but still do not get enough to eat or have only a barely adequate diet. Funds for the nation's poorest schools are being slashed. While attention is focused on Syrian, low-income housing is disappearing.
SHARE Tuesday, July 21, 2020 The Real Choice: Social Control or Social Investment
Social-control societies put substantial resources into police, prisons, surveillance, immigration enforcement, and the military. Social-investment societies put more resources into healthcare, education, affordable housing, jobless benefits, and children.
(7 comments) SHARE Monday, April 5, 2010 Greenspan, Summers, and Why the Economy Is So Out of Whack
Alan Greenspan is now being interviewed. He says he bore no responsibility for the housing bubble that catapulted the nation into a financial crisis in 2008 because no one could have known about the bubble when he chaired the Fed in the years before it burst. What? If any single person is most responsible for the financial crisis, it's Alan Greenspan.
SHARE Thursday, January 19, 2017 Four Takeaways from Trump's Latest Tweet Tantrum
The huge corporate tax cuts and military buildup Trump is pushing will give congressional Republicans a rationale to cut Medicare and Social Security, in order to avoid bigger budget deficits. All told, Trump's tweet tantrum reveals a great deal about the man who's soon to be president of the United States. None of it inspires confidence.
(8 comments) SHARE Friday, December 18, 2020 Joe Biden's Biggest Challenge
A return to "normal" would be disastrous. We can't give in to the allure of "normal" -- because normal is what got us here. Normal led to Trump.
(2 comments) SHARE Wednesday, May 30, 2012 A Diabolical Mix: U.S. Wages and European Austerity
Since the start of the recession, the share of total US national income going to profits has risen even as the share going to the workforce has plunged. Profits in the US corporate sector are now at a 45-year high.
(5 comments) SHARE Monday, February 18, 2019 Why is the media showering Howard Schultz with free airtime?
It's not clear if Bloomberg will run. If he does, he'll run as a Democrat. But Schultz is planning to run as an independent, so he won't even have to go through the gauntlet of primary battles. Which means Schultz could deliver the 2020 election to Trump by siphoning off votes from the Democratic candidate.
(3 comments) SHARE Friday, March 10, 2017 Trump's War on the Truth Tellers
The only way we're going to understand the true dimensions of problems real people face is with data about them from sources the public trusts. If the public stops believing those sources are reliable, where else can it look? Presumably, only Trump himself. Trump and his administration aren't just telling big lies. They're also waging war on the institutions we depend on as sources of truth.
(1 comments) SHARE Tuesday, April 24, 2018 The Shameful Silence of the CEOs
Big corporations and Wall Street essentially own the Republican Party. In the 2016 campaign cycle, they contributed $34 to candidates from both parties for every $1 donated by labor unions and all public interest organizations combined. If the leaders of American business remain silent about what Trump's is doing to American democracy, they will be complicit in its demise.
SHARE Saturday, June 16, 2018 To the Press, after 18 Months of Trump
Keep track of what his Cabinet is doing -- Sessions's attacks on civil rights, civil liberties, voting rights, and immigrants; DeVos's efforts to undermine public education, Pruitt's and Zinke's efforts to gut the environment; all their conflicts of interest, and the industry lobbyists they've put in high positions.
SHARE Saturday, May 2, 2020 From Ukraine to Coronavirus: Trump's Abuse of Power Continues
As the death toll continues to climb and states are left scrambling for protective gear and crucial resources, Trump is focused on only one thing: himself. It doesn't matter that this is a global pandemic. Abusing his power for personal gain is Trump's MO.
SHARE Thursday, January 3, 2019 Do Good Fences Make Good Neighbors?
A wall is being erected around the nation, an outer perimeter, separating the United States from the Third World. So far, our national wall extends along only 64 miles of the nearly 2,000-mile border with Mexico, but Congress has appropriated funds for lengthening it and also fortifying it.
SHARE Wednesday, March 22, 2017 The Crisis of Governance
we have as president an unhinged narcissistic child who tweets absurd lies and holds rallies to prop up his fragile ego, whose conflicts of financial interest are ubiquitous, and whose presidency is under a "gray cloud" of suspicion. He's advised by his daughter, his son-in-law, and an oddball who once ran a white supremacist fake-news outlet.
(5 comments) SHARE Friday, July 3, 2015 On Patriotism
Real patriotism is not cheap. It requires taking on a fair share of the burdens of keeping America going -- being willing to pay taxes in full rather than seeking tax loopholes and squirreling away money abroad. Patriotism is about preserving and protecting our democracy, not inundating it with big money and buying off politicians.
(5 comments) SHARE Tuesday, October 28, 2014 Empathy Deficit Disorder
Almost two-thirds of working Americans are living paycheck to paycheck. And they're worried sick about whether their kids will ever make it. They need leaders who understand their plight instead of denying it. They deserve politicians who want to fix it rather than blame it on those who have to depend on public assistance, or who need a higher minimum wage, in order to get by.
(4 comments) SHARE Friday, March 14, 2014 The 'Paid-What-You're-Worth' Myth
It's often assumed that people are paid what they're worth. According to this logic, minimum wage workers aren't worth more than the $7.25 an hour they now receive.
According to this same logic, CEOs of big companies are worth their giant compensation packages, now averaging 300 times pay of the typical American worker.
"Paid-what-you're-worth" is a dangerous myth.
(3 comments) SHARE Saturday, July 18, 2015 How Goldman Sachs Profited from the Greek Debt Crisis
Goldman Sachs and the other giant Wall Street banks are masterful at selling complex deals by exaggerating their benefits and minimizing their costs and risks. That's how they earn giant fees. When a client gets into trouble -- whether that client is an American homeowner, a US city, or Greece -- Goldman ducks and hides behind legal formalities and shareholder interests.
(2 comments) SHARE Thursday, June 13, 2013 The Two Centers of Unaccountable Power in America, and Their Consequences
It is rare in these harshly partisan times for the political left and right to agree on much of anything. But the reason, I think, both are worried about the encroachments of the NSA on the privacy and civil liberties of Americans, as well as the depredations of "too big to fail or jail" Wall Street banks on our economy, is fundamentally the same.
(1 comments) SHARE Tuesday, November 25, 2014 Why College Is Necessary But Gets You Nowhere
A college degree no longer guarantees a good job. The main reason it pays better than the job of someone without a degree is the latter's wages are dropping. In fact, it's likely that new college graduates will spend some years in jobs for which they're overqualified.
SHARE Saturday, March 25, 2017 No, Paul, It Wasn't Because of "Growing Pains"
Apparently Ryan doesn't grasp that he put forward a terrible bill to begin with. According to the non-partisan Congressional Budget Office, it would have resulted in 24 million Americans losing health coverage over the next decade, hardly make a dent in the federal debt, and transfer over $600 billion to the wealthiest members of American society.
(1 comments) SHARE Saturday, September 6, 2014 The Bankruptcy of Detroit and the Division of America
Detroit is the largest city ever to seek bankruptcy protection, so its bankruptcy is seen as a potential model for other American cities now teetering on the edge. But Detroit is really a model for how wealthier and whiter Americans escape the costs of public goods they'd otherwise share with poorer and darker Americans.
SHARE Tuesday, April 7, 2020 How CEOs Are Ruining America
CEOs are in business to make a profit and maximize their share prices, not to serve America. And yet these CEOs dominate American politics and essentially run the system.
(3 comments) SHARE Wednesday, July 27, 2011 The Biggest Driver in the Deficit Battle: Standard & Poor's
If Standard & Poor's had been doing the job it was supposed to be doing between 2000 and 2008, the federal budget wouldn't be in a crisis -- and Standard & Poor's wouldn't be threatening the United States with a downgrade if we didn't come up with a credible plan for lopping $4 trillion off it.
(2 comments) SHARE Saturday, December 3, 2016 Trump's Trickle-Down Populism
If Donald Trump is serious about reviving good jobs in America, he'd give workers more bargaining power by strengthening trade unions, upgrading lifelong education and training, and simultaneously making it harder for Wall Street investors to take over "underperforming" companies. But Trump won't do any of this, as is evident by his cabinet choices for key economic posts.
(7 comments) SHARE Thursday, June 9, 2016 A Public Note to my Friend, Bernie Sanders
Bernie, regardless of what you decide to do now, you have ignited a movement that will fight onward. We will fight to put more progressives into the House and Senate. We will fight at the state level. We will organize for the 2020 presidential election. We will not succumb to cynicism. We are in it for the long haul. We will never give up.
SHARE Sunday, February 19, 2017 The Republican Tax Sham
Republicans are pushing a new corporate tax plan that will end up costing most of you a bundle. The tax plan is dressed up as a way to make America more competitive. But underneath it's just a typical Republican plan that redistributes from the poor and middle class to corporations and the wealthy.
(2 comments) SHARE Sunday, February 21, 2016 4 Reasons Ted Cruz is Even More Dangerous than Donald Trump
Cruz denies the existence of man-made climate change, rejects same-sex marriage, wants to abolish the Internal Revenue Service, believes the 2nd amendment guarantees everyone a right to guns. He doesn't believe in a constitutional divide between church and state, favors the death penalty, rejects immigration reform, demands the repeal of Obamacare, and takes a strict "originalist" view of the meaning of the Constitution.
(4 comments) SHARE Tuesday, November 1, 2016 Will Hillary Clinton Get America Back on Track?
Bernie Sanders -- the unlikeliest of presidential candidates -- won 22 states and 46 percent of the pledged delegates in the Democratic primaries, and pushed Hillary Clinton and the Democratic Party to adopt many of his proposals. If Donald Trump is elected next week, all bets are off. But if Hillary Clinton assumes the presidency, could she become another Teddy or Franklin D. Roosevelt?
(1 comments) SHARE Thursday, July 9, 2020 Monopoly Mayhem: Corporations Win, Workers Lose
This is all about power. The good news is that rebalancing the power of workers and corporations can create an economy and a democracy that works for all, not just a privileged few.
(5 comments) SHARE Wednesday, December 12, 2012 The Billionaires' Long Game
If and when they eventually win, these billionaires will clean up. Their taxes will plummet, many laws constraining their profits will disappear, and what's left of labor unions will no longer intrude on their bottom lines. And they have enough dough to keep betting until they eventually win. That's what it means to be a billionaire political investor: You're able to keep playing the odds until you get the golden ring.
(2 comments) SHARE Monday, August 13, 2018 How Trump's War on Regulation is Trickle-Down Economics
We may not know for years the extent we're unprotected -- until the next financial collapse, next public health crisis, next upsurge in fraud, or next floods or droughts because the EPA failed to do what it could to slow and reverse climate change. Trump's attack on regulation is just another form of trickle-down economics -- where the gains go the top, and the risks and losses trickle down.
SHARE Tuesday, December 14, 2010 Why America's Two Economies Continue to Drift Apart, and What Washington Isn't Doing About It
Wall Street is back. Bonuses on the Street are expected to rise about 5 percent this year, according to a survey by compensation consultants Johnson Associates Inc. But nothing is trickling down to the Average Worker economy. Job growth is still anemic. At October's rate of only 50,000 new private-sector jobs, unemployment won't get down to pre-recession levels for twenty years.
(8 comments) SHARE Friday, October 12, 2012 Why Biden Won
Overall it was Biden's night. He not only trounced Ryan, but also, in the process, trounced Romney. Joe Biden is an average Joe solidly grounded in America's working middle class -- nothing pretentious or devious about him -- in contrast to the plutocrat who heads the Republican ticket, and the billionaires who are backing him.
(4 comments) SHARE Saturday, January 25, 2014 Why There’s No Outcry
Change is coming anyway. We cannot abide an ever-greater share of the nation's income and wealth going to the top while median household incomes continue too drop, one out of five of our children living in dire poverty, and big money taking over our democracy. Reform is less risky than revolution, but the longer we wait the more likely it will be the latter.
(1 comments) SHARE Sunday, December 18, 2016 Why President Trump Will Continue Holding Rallies
Rather than shift from campaigning to governing, Trump's post-election rallies were almost identical to the rallies he held when he was a candidate -- the same format, same condemnations of the "dishonest" media, identical pledges ("We will build a great wall!"). They also elicited many of the same audience responses, such as "Lock her up! Lock her up!"
(7 comments) SHARE Sunday, December 16, 2018 How to Hold Corporations Accountable
In the 1980's, the only goal of large corporations became maximizing profits and returns for shareholders. Corporate profits are now a higher share of the economy than they were for most of the past century, and workers' share of the total economy is the lowest.
Corporations are now amassing huge control over our economy and fueling widening economic inequality. Corporate profits are now a higher share of the
(5 comments) SHARE Wednesday, June 13, 2012 Why The Economy Can't Get Out of First Gear
Rarely in history has the cause of a major economic problem been so clear yet have so few been willing to see it. The answer is in front of our faces. It's because American consumers, whose spending is 70 percent of economic activity, don't have the dough to buy enough to boost the economy -- and they can no longer borrow like they could before the crash of 2008.
(1 comments) SHARE Monday, July 25, 2011 Vicious Cycles: Why Washington is About to Make the Jobs Crisis Worse
As more and more Americans lose faith that their government can do anything to bring back jobs and wages, they are becoming more susceptible to the Republican's oft-repeated lie that the problem is government -- that if we shrink government, jobs will return, wages will rise, and it will be morning in America again. The parallel universes are about to crash, and average Americans will be all the worse for it.
SHARE Wednesday, November 23, 2016 California versus Trumpland
At one end of the scale are Kansas and Texas, with among the nation's lowest taxes, least regulations, and lowest wages. At the other end is California, with among the nation's highest taxes, especially on the wealthy; toughest regulations, particularly when it comes to the environment; most ambitious healthcare system, that insures more than 12 million poor Californians, in partnership with Medicaid; and high wages.
SHARE Saturday, May 19, 2018 How To End Partisan Gerrymandering
One of the biggest challenges to our democracy occurs when states draw congressional district lines with the principal goal of helping one political party and hurting the other. It's called "partisan gerrymandering." If you want your state to end gerrymandering, you're going to have to get actively involved, and demand it. After all, this is our democracy. It's up to us to make it work.
(11 comments) SHARE Tuesday, October 11, 2016 Why All Progressives Must Vote For Hillary
The movement Bernie Sanders energized must not and will not end. But Donald Trump, were he to become president, would set back that cause for decades. There are only a few weeks until Election Day. My request to those of you who still don't want to vote for Hillary Clinton: Please reconsider. It is no exaggeration to say the fate of the nation and the world are at stake.
(6 comments) SHARE Wednesday, April 10, 2019 Socialism for the Rich, Capitalism for the Rest
To the conservative mind, the specter of socialism conjures up a society in which no one is held accountable, and no one has to work for what they receive. Yet, that's exactly the society Trump and the Republicans are promoting for the rich. Meanwhile, most Americans are subject to an increasingly harsh and arbitrary capitalism.
(1 comments) SHARE Sunday, October 4, 2020 Trump's Covid: Empathy for the World's Least Empathetic Person?
Trump and his enablers will do anything to retain and enlarge their power. It's possible to be sympathetic toward Trump during his "battle" with COVID-19 while acknowledging that he is subjecting America to a profound moral test in the weeks and perhaps months ahead.
SHARE Saturday, February 18, 2017 Trump's Nutty "America First" Economics
Trump's "America First" economics is pure demagoguery. We get a first-class workforce by investing in Americans' education, training, infrastructure, and healthcare -- and rewarding them with high union wages. We don't boost the competitiveness of American workers through xenophobic grandstanding.
SHARE Wednesday, May 23, 2018 Thinking Beyond Trump: Why We Need a Federal Jobs Guarantee
The federal government now spends over $150 billion a year because workers aren't earning enough to get out of poverty. Doesn't it make more sense to use this money to create guaranteed jobs at a living wage? So, let's think beyond Trump -- to what Americans need. Few things are more important than a decent job. Full employment through a federal job guarantee makes sense -- for workers, for the economy, for America.
(5 comments) SHARE Saturday, April 7, 2018 What If Everyone Voted?
The largest block of voters in America isn't Democrats or Republicans. It's the people who don't vote.
(1 comments) SHARE Tuesday, December 22, 2015 Of Rotten Apples and Rotten Systems
Unlike most other countries, the United States doesn't control drug prices. It leaves pricing up to the market. Which enables drug companies to charge as much as the market will bear. So what, exactly, did Martin Shkreli do wrong, by the standards of today's capitalism? He played the same game many others are playing on Wall Street and in corporate suites. He was just more audacious about it.
(1 comments) SHARE Wednesday, December 12, 2018 China Tariffs are a Regressive Tax on Americans, and Risk a Recession
"I am a Tariff Man," Trump tweeted last week. "When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so." We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN." But -- Tariffs are paid by American consumers. Trump has made Americans poorer.
(2 comments) SHARE Saturday, February 12, 2011 Who Says Republicans Have No New Ideas?
Herbert Hoover said, "If you want to see pure socialism mixed with give-away programs, take a look at socialized medicine." Republicans haven't come up with a single new idea since. They haven't even come up with a new theme.
(3 comments) SHARE Friday, November 18, 2011 Stop the Austerity Train Wreck!
The biggest question right now on Planet Washington is whether the congressional supercommittee will reach an agreement. That's the wrong question. Agreement or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment, and impose additional hardship on millions of Americans. The real question is how to stop this austerity train wreck.
(7 comments) SHARE Monday, July 23, 2018 We're Living A Constitutional Crisis
There is no exact definition of a constitutional crisis. Presumably it's when the United States Constitution is in crisis. And it is in crisis now, today, because the president of the United States is abusing it to entrench his power. A malignant megalomaniac facing no countervailing power will continue to expand his terrain until he is stopped. He must be removed from office.
(2 comments) SHARE Friday, August 17, 2012 Paul Ryan's Faux Populism
Three days after being picked as Romney's running-mate -- Ryan went to Las Vegas to pay homage to Sheldon Adelson, the casino billionaire who is the poster boy for using money to become "politically connected" in Washington, and getting the "breaks" that come with it. Adelson has promised to donate up to $100 million to make sure Romney and Ryan are in the White House next year.
SHARE Friday, July 17, 2020 When Bosses Shared the Profits
After the bruising crises we're now going through, it would be wonderful if we could somehow emerge a fairer nation. One possibility is to revive an old idea: sharing the profits.
(3 comments) SHARE Sunday, December 23, 2018 10 Steps to Save American Democracy
Trump isn't the only problem. As Big Money floods our political system, and some in power are intent on making it harder for certain people to vote, we need a movement to save our democracy.
(7 comments) SHARE Thursday, October 22, 2015 The 4 Big Lies About Immigrants -- And The Truth
Don't listen to the demagogues who want to blame the economic problems of the middle class and poor on new immigrants, whether here legally or illegally. The real problem is the economic game is rigged in favor of a handful at the top, who are doing the rigging.
(4 comments) SHARE Monday, January 14, 2013 Why Obama's Gamble on the Debt Ceiling Depends on the GOP Being More Sane Than It Is
The 2012 election has shaken the GOP, as have the post-fiscal cliff polls. Yet, the Republican Party may not care what a majority of Americans thinks. The survival of most Republican members of Congress depends on primary victories, not general elections -- and their likely primary competitors are more to the right than they are.
(1 comments) SHARE Thursday, December 29, 2011 My Political Prediction for 2012: It's Obama-Clinton
My political prediction for 2012 (based on absolutely no inside information): Hillary Clinton and Joe Biden swap places. Biden becomes Secretary of State -- a position he's apparently coveted for years. And Hillary Clinton, Vice President.
(4 comments) SHARE Tuesday, October 21, 2014 Getting a Grip on Ebola
The real crisis is the hysteria over Ebola that's being fed by media outlets seeking sensationalism and politicians posturing for the midterm elections. That hysteria is causing us to lose our heads. Parents have pulled their children out of a middle school after learning the school's principal had traveled to Zambia. Are we planning to quarantine Dallas next?
(6 comments) SHARE Saturday, June 7, 2014 Voting in Mississippi, 2014 and 1964
Mississippi used its new voter-identification law for the first time Tuesday -- requiring voters to show a driver's license or other government-issued photo ID at the polls. The official reason given for the new law is alleged voter fraud, although the state hasn't been able to provide any evidence that voter fraud is a problem. The real reason for the law is to suppress the votes of the poor, especially African-Americans.
(1 comments) SHARE Monday, October 30, 2017 The Huge Tax Heist
The robbers are the American oligarchs who bankroll the Republican Party, and who are plotting the biggest heist in American history -- a massive tax cut estimated to be up to 5.8 trillion dollars. Around 80 percent of it will benefit the richest 1 percent, according to the Tax Policy Center.
(9 comments) SHARE Tuesday, December 13, 2016 Trump's Dark Cloud of Illegitimacy
Trump has close business ties to Russian oligarchs, friends of Putin, who have financed his projects and, presumably, also lent billions of dollars to Trump's enterprises -- which may explain why Trump won't disclose his tax returns, which would show evidence of these deals. The dark cloud of illegitimacy continues to grow darker.
(2 comments) SHARE Friday, December 16, 2016 The 4 Syndromes of Passivity in the Face of Pending Tyranny
Taking action -- demonstrating, resisting, objecting, demanding, speaking truth, joining with others, making a ruckus, and never ceasing to fight Trump's pending tyranny -- will empower you. And with that power you will not only to minimize the damage that is about to occur, but also get this nation and the world back on the course it must be on.
SHARE Tuesday, February 17, 2015 How Trade Deals Boost the Top 1% and Bust the Rest of us
Today's "trade agreements" should really be called "global corporate agreements" because they're mostly about protecting the assets and profits of these global corporations rather than increasing American jobs and wages. The deals don't even guard against currency manipulation by other nations.
SHARE Tuesday, October 30, 2018 Hate Unbound
Politicians and media moguls have long understood that fear and hate sell better than hope and compassion, no matter how much we might wish it otherwise. But before Trump, no president had based his office on it. And before Fox News, no major media outlet had based its ratings on it.
(2 comments) SHARE Monday, May 7, 2018 The Monopolization of America
America used to have antitrust laws that stopped corporations from monopolizing markets, and often broke up the biggest culprits. No longer. It's a hidden upward redistribution of money and power from the majority of Americans to corporate executives and wealthy shareholders.
SHARE Sunday, July 7, 2013 Why Republicans Want to Tax Students and Not Polluters
If we want less carbon dioxide in the atmosphere, we should tax carbon polluters. On the other hand, if we want more students from lower-income families to be able to afford college, we shouldn't put a tax on student loans. Sounds pretty simple, doesn't it? Unfortunately, congressional Republicans are intent on doing exactly the opposite.
(2 comments) SHARE Wednesday, February 15, 2017 Michael Flynn and the Six Big Questions
U.S. intelligence reports show that Flynn was in touch with Russian ambassador Kislyak during the 2016 campaign, and that communications between the two continued after Nov. 8. The Russian ambassador has even confirmed having contacts with Flynn before and after the election, though he declined to say what was discussed.
(3 comments) SHARE Monday, September 16, 2013 The Myth of the 'Free Market' and How to Make the Economy Work for Us
One of the most deceptive ideas continuously sounded by the Right is that the "free market" is natural and inevitable, existing outside and beyond government. So whatever inequality or insecurity it generates is beyond our control. And whatever ways we might seek to reduce inequality or insecurity -- to make the economy work for us -- are unwarranted constraints on the market's freedom, and will inevitably go wrong.
(2 comments) SHARE Friday, February 28, 2014 The Real Job Killers
Progress requires creating more jobs that pay well, are safe, sustain the environment, and provide a modicum of security. If seeking to achieve a minimum level of decency ends up "killing" some jobs, then maybe those aren't the kind of jobs we ought to try to preserve in the first place. The real job killers in America are lousy jobs at lousy wages.
SHARE Monday, September 14, 2020 Milton Friedman, 50 Years Ago Today
Largely because of the escalating surge of corporate money into politics over the last 50 years, taxes on corporations have been slashed, safety nets for the poor and middle class have begun to unravel, and public investments in education and infrastructure have waned. The "free market" has been taken over by crony capitalism, corporate bailouts, and corporate welfare.