Tag: economy

The bottom line: The economy that America’s rich run is doing quite well for America’s rich.

It seems the only people not consulted for their perspective were those most powerfully affected by the crisis’ impact – the millions of families who suffered foreclosure and eviction.

Skyrocketing debt, Wall Street deregulation, a fraying social safety net, and a diminished dollar could soon leave the United States looking like Greece.

“I think … we recognize we really haven’t done anything serious to deal with the causes of this crash.”

Down the financial rabbit hole with President Trump.

Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could.

The Street’s political clout is as great as ever, which explains why the Dodd-Frank safeguards are now being watered down – clearing the way for another crisis.

The USA is fundamentally flawed: it would do little to boost private savings, drain federal revenues, and overwhelmingly benefit the nation’s wealthiest households.

Measure 103 was reportedly proposed to counter efforts to raise corporate taxes at the state level, such as 2016's Measure 97, which voters rejected.

Ending the secrecy of the crisis through massive national attention may destigmatize the shame of financial defeat.