Tuesday, April 8, 2025

Tag: economy

How Trade Deals Boost the Top 1 Percent and Bust the...

While the White House thinks a trade deal will help the U.S. contain China’s power and influence, it will actually make global corporations in the U.S. even more powerful and influential than they've already become. The rich keep getting richer.

Trading US Democracy for Corporate Profits with TPP

The current trade deals being talked about in the U.S. is an ugly reality that American democracy no longer exists. The American government is loyal solely to giant corporations and their wealthy capitalist owners who so easily influence legislative decisions.

As Public Pensions Shift to Risky Wall Street, Local Politicians Rake...

A recent political scandal in which investments done in secret are politically connected with Wall Street's firms who are in return earning millions off of taxpayers is getting little coverage. Journalist David Sirota is revealing his findings about these secrets to Democracy Now.

Back to the Nineteenth Century

The argument that the growth of on-demand jobs are less predictable and secure for workers is similar to the “freedom of contract” argument, which took place in the late nineteenth century. Are we heading back in time?

New Evidence that Half of America is Broke

Half of America is barely surviving and new data strengthens the case. Yet, people's views are distorted by growing financial wealth. As half of our nation is in poverty, where is that booming economy everyone's talking about?

War: Where 69¢ of Each of Your Tax Dollars Goes

A high majority of U.S. tax dollars are not going to schools, universities, parks, roads, science, environment, or health, but to war. In order to shy away from this type of militaristic government, we need a peace president and congress.

An End to 'Mindless Austerity:' Obama Pushes for Taxing the Rich...

President Obama is calling for Congress to raise taxes on the wealthy and corporations as a way to fund education and fix America's infrastructure. Could Obama's budget proposal help poor and middle-class families?

A Corporate Coup d’Etat

TPP is a trade deal that would allow an unprecedented level of global corporate rule over Americans. If passed, would it recreate the "anything-goes Wall Street ethic" that caused the 2008 world economy crash?

The Share-the-Scraps Economy

We are barreling toward a “share” economy where robots do everything predictably programmable in advance and human beings do all of the unpredictable tasks. This is the troubling reality of the new digitized economy.

Super Bowl Sickness

Is the Super Bowl just an overhyped, overpriced spectacle that makes America look stupid in the eyes of the rest of the world? Here are six reasons why Thomas Magstadt thinks it's "enough to make an otherwise healthy person sick."

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Not very bright

How much of Donald Trump’s directive on U.S. tariffs imposed on nations all over the world—that in recent days has caused a stock market loss of trillions of dollars—is a result of his not being very bright?

Patriotic Millionaires challenge oligarch power with sweeping economic plan

As economic inequality worsens and public frustration grows, a coalition of wealthy Americans offers a radical legislative blueprint to dismantle the grip of the ultra-rich on democracy.

Chevron ordered to pay $744 million for decades of destruction to Louisiana’s coastal wetlands

A Louisiana jury’s landmark verdict against Chevron signals a major shift in holding Big Oil accountable for environmental degradation and decades of ignored coastal restoration laws.

Over 4,000 factory workers laid off as Trump tariffs spark economic chaos

A wave of mass layoffs across the U.S. exposes the real cost of Trump’s trade war, as union leaders and lawmakers warn of deepening instability in American manufacturing.

Israeli soldiers expose ‘kill zone’ campaign in Gaza, citing war crimes and systematic devastation

A new report from Breaking the Silence reveals shocking testimony from Israeli troops describing the creation of a lethal buffer zone inside Gaza, the deliberate razing of civilian infrastructure, and the normalization of killing civilians.