The Danger of Trump’s Mexican Tariff Stunt

There are lessons for China, the European Union and Japan. This column appeared in the Washington Post. Leaders in foreign capitals are likely updating their trade war strategies after watching how President Trump handled his confrontation with Mexico.  The episode provides a couple of important lessons for governments (think: China, the European Union and Japan) still […]

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Progressive Capitalism

We want to provide some important excerpts from a truly great Op-Ed entitled “Progressive Capitalism Is Not an Oxymoron” with the subtitle “We can save our broken system from itself.” The piece, written by Nobel Prize winner Joseph Stiglitz, was published in the New York Times. Despite the lowest unemployment rates since the late 1960s, […]

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Examining where job growth came from in March

A few notes on the March job numbers, which the GOP has been touting. The biggest growth sector was the health care industry, with strong hiring in ambulatory care, hospitals, and nursing and residential care facilities. What happens if Trump and the GOP AGs win their lawsuit to declare the Affordable Care Act unconstitutional, throwing […]

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Notes on the March Jobs Numbers

A few notes on the March job numbers, which the GOP has been touting for the last 24 hours. This is a continuation of the Obama era recovery. Furthermore, the biggest growth sector was the healthcare industry, with strong hiring in ambulatory care, hospitals, and nursing and residential care facilities. What happens if Trump and […]

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Promises Made. Promises Not Kept

Plant closures underscore Trump’s unfulfilled promises, from tariffs to tax cuts.  Important facts call out POTUS in the lead article from  Analysis | The Daily 202: GM layoffs show why there’s a crisis of confidence in American capitalism, Washington Post, 11/27/2018. The piece also includes a spotlight on Congressman Joe Kennedy.

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Inflation-Adjusted Wages Down From Last Year

“Worker pay in the second quarter dropped nearly one percent below its first-quarter level, according to the PayScale Index, one measure of worker pay. When accounting for inflation, the drop is even steeper. Year-over-year, rising prices have eaten up still-modest pay gains for many workers, with the result that real wages fell 1.4 percent from the […]

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How’s that Economy Working for You?

If you are fortunate enough to have stock market investments, you are enjoying an unprecedented streak of continual wealth growth — a streak that began in 2012 by the way. But only about 50% of Americans own a piece of the stock market and most of them own a very small piece. In fact, 10% […]

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Republicans Cut Funds for Rural Infrastructure and Forest Protection

The 2018 Farm Bill, which passed the Agriculture Committee on party lines, cuts nearly $800 million from conservation programs, $500 million from rural development programs over the next ten years, and includes no mandatory funding for infrastructure projects, such as broadband deployment and water and wastewater systems. Additionally, the bill changes the definition of “rural” […]

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More Data on the #TaxScam

Data continues to roll in proving that the Republican Tax Scam pushes money to the wealthy.  Previously, we reported on the Morgan Stanley study. Now, Bank of America/Merrill Lynch has released data showing that fewer than 45 of the Standard & Poor’s 500 companies have paid out cash bonuses to their employees since the new […]

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December Job Growth Worst in Four Years

Job growth has slowed since Trump took office. Jobs created in 2016: 2.24 million Jobs created in 2017: 2.06 million 2016: 187,00 jobs/month 2017: 171,000 jobs/month December 2017 job numbers are lowest in four years. #JobsReporthttps://t.co/kVDu6AQb4n pic.twitter.com/Z9riMIFPfn — Keith Boykin (@keithboykin) January 5, 2018 Keith Boykin is a CNN reporter.

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