Decades of neglect, inequality, and disenfranchisement mean that all Houstonians, but especially the poorest and most vulnerable, have been left utterly undefended. Continue reading
Former Labor Secretary Robert Reich described the Trump budget proposal as being “cruel and deviant”. Political economist Jack Rasmus explains why. Continue reading
Trump will persist with the claim that he is working on a populist plan. In actuality, he is cooking up a fiscally irresponsible gift to plutocrats Continue reading
Trump doesn’t want an effective military, he wants a big, expensive, ostentatious one that he can march down Pennsylvania Avenue like a Soviet May Day parade. Continue reading
In the past, presidents have generally tried to limit their own travel and that of their families so as not to create large security bills for the country.
Save perhaps Google, no other company matches Facebook’s influence. But it signals a bigger shift in economic power, enabled by technology, away from consumers, producers and employees, to platforms such as Uber and Airbnb that add infrastructure rather than productive capacity to the economy. Our outdated systems of national and international regulation lag far behind the way they operate Continue reading
Boeing’s Dreamliner is not “made in the U.S.A..” It’s assembled here. Most of it parts come from overseas. And the foreign workers get a better deal than do Boeing’s workers. Continue reading
Why would anyone expect this group of people to be leaders in the fight against inequality? Would we expect major advancements on animal rights from a gathering of hunters?
Eight men own the same amount of wealth as the 3.6 billion people who comprise the poorest half of humanity. Those eight men are Bill Gates, Amancio Ortega, Warren Buffett, Carlos Slim Helu, Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Michael Bloomberg. Continue reading
The most probable outcome from a tax holiday for offshore corporate cash is that the yawning chasm between the richest Americans and everyone else will just get wider. Continue reading