By Josh Hoxie | (Otherwords.org) | – – While billionaires fund a PR push for the tax law, most ordinary workers report seeing no increase in their take-home pay. It’s no fun being scammed. I distinctly remember looking for my first big city apartment and finding an ad that looked perfect. Beautiful picture, cheap rent, […]
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Plutocracy
Top 5 Economic Disappointments of the Trump Regime (so far)
By Juan Cole | (Informed Comment) | – – Since Trump has decided that declining to clap for him is a form of treason, and only dictators in banana republics use that sort of diction, perhaps it is time to start speaking of the Trump regime rather than administration. And that regime rode to power […]
The Great Trump Bubble
Nomi Prins | ( Tomdispatch.com) | – – There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory mood […]
World’s Richest 1% Acquired 82% of Wealth in 2017: Report
TeleSur | – – Only 42 people own the same amount of wealth as the poorest 50 percent worldwide, the report claimed. Nearly 82 percent of global wealth generated last year went to one percent of the population, while the bottom 50 percent saw no increase at all, according to a new Oxfam report that […]
The Rise and Fall of America’s Middle Class
By Jim Hightower | (Otherwords.org) | – – The middle class was built by movements — and can be rebuilt by movements. Ever since 1776, the “common yeoman” — America’s middle class — has been hailed as the virtuous heart and backbone of our nation. How ironic, since it took 150 years before we actually […]
Putin’s Medieval Romanticism and Russia’s Lurch Right
Dina Khapaeva | (Project Syndicate) | – – As much of the world makes amends for social and political injustices of the past, Russia is lionizing its despots, raising statues to the worst of them. Behind this phenomenon is an ultra-nationalist brand of conservatism that seeks to take Russian politics back to the Middle Ages. […]
When Companies Deny Climate Science, Their Workers Pay
General Electric doubled down on coal. Now, 12,000 workers are paying the price.
Trump to rich Cronies at Mar-a-Lago: “You all Just got a lot Richer” (Video)
Demarco Morgan | CBS News | (Video News Report) | – – “”You all just got a lot richer,” Mr. Trump told friends at his exclusive Palm Beach club after signing the new tax overhaul into law” CBS News: “Trump touts tax bill to friends at Mar-a-Lago” – @demarcoreports
Will Americans finally start fighting back against tax cuts for the rich?
Stephanie Leiser | (The Conversation) | – – The 60 percent of Americans who believe that the GOP tax package will mostly help the wealthiest among us are right, according to an analysis by the Tax Policy Center. But will widespread disapproval translate into political costs or electoral losses for Republicans? Will Americans decide they […]
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