Economics & Politics

If the tax cut passes, it will constitute the largest heist in human history. This is daylight robbery by the super-rich against the rest of society: homeowners, students, the middle class, the young, the poor, indeed everybody who doesn’t own a significant stock portfolio. The result will put America into a tailspin: falling home prices, [...]

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In American politics today, corporations reign supreme. Powerful corporations control American politics through Big Money and Big Data. Donald Trump and the Republican-led Congress represent the ultimate corporate play, with the powers of the executive and legislative branches turned over to the most destructive corporate special interests.  Read more in The Boston Globe.

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Billionaire US plutocrats such as Charles and David Koch, Robert Mercer, and Sheldon Adelson have long played their politics for personal financial gain – even if it means boosting inequality at home and blocking sustainable development worldwide. To stop them, US citizens will need to regain the upper hand in electoral politics. Read more at [...]

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(CNN) Treasury Secretary Steve Mnuchin’s call forcorporate tax cuts is akin to his request for a government plane for his honeymoon: both are adventures in avarice. Donald Trump, Mnuchin, Gary Cohn, and the key billionaire funders of the Republican Party (including the Koch brothers, Sheldon Adelson, and Robert Mercer) would each reap a fortune from the proposed tax cuts. They are out [...]

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October 20th, 2017

Corporate tax cut propaganda

The White House is selling a tax cut designed for the rich as a boost for the working class. Cut taxes on capital, the White House claims, and investors will raise investment, hire more workers, and bid up wages — a.k.a. trickle-down economics. If the real goal is to use tax cuts to boost low [...]

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(CNN) The Las Vegas massacre earlier this month opened a new chapter in the gun debate. Most gun rights advocates, including the National Rifle Association, accept that the Second Amendment right to keep and bear arms is not the same thing as a right to any kind of weapon, anywhere, anytime, by anyone. It is a [...]

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October 12th, 2017

15 questions about tax reform

With President Trump pushing his tax reform proposal in Harrisburg, Pa., on Wednesday, here’s a look at what his plan would do to the economy. Read more in The Boston Globe.

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America today doesn’t just have red (conservative) states and blue (progressive) states, but de facto red countries and blue countries: regions with distinct cultures, heroes, politics, dialects, economies, and ideas of freedom. The recent massacre in Las Vegas suggests that it’s time to let them go their separate ways. Read more at Project Syndicate.

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September 27th, 2017

Trump on the Warpath

The US suffers from an arrogance of military power disconnected from today’s geopolitical realities. The US is on this path again, heading for a collision with a nuclear-armed adversary, and it will remain on it unless other countries, other American leaders, and public opinion block the way. Read more on Project Syndicate.

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At the United Nations, President Trump’s chief economic adviser, Gary Cohn, said Monday the U.S. would withdraw from the landmark 2015 Paris climate accord as planned. His comments came as U.N. Secretary-General António Guterres said climate should be a top priority at this year’s General Assembly. Our guest, economist Jeffrey Sachs, notes that the “agreement is completely symmetrical for all 193 countries,” and also argues that chemical and oil companies should help pay for recovery efforts after extreme weather related to climate change.

Read the full transcript at Democracy Now.

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