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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Economy Not Working For Arizonans

Arizona’s year-over-year employment rate went up slightly but is far below projections made by the state’s Office of Economic Opportunity a year ago. Governor Doug Ducey continued to cling to the notion that it’s a nice place to live in his remarks following the release of the new economic figures. While the economy continues to […]

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Jobs

For the first time in 7 years, the U.S. economy did not add any new jobs. Our economy lost 33,000 jobs in September, and we’re on pace to have significantly slower job growth in 2017 than we did in 2016. While President Obama’s bold policies and long-term economic investments continued to create steady growth well into […]

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ACA Repeal Is a Jobs Killer (as well as a people killer)

A third of all jobs created in the United States in the past decade have been in health care. America could lose more than a million jobs if the Senate votes to repeal the Affordable Care Act. That’s according to a report from George Washington University’s Milken Institute School of Public Health and the Commonwealth Fund. “This legislation could single-handedly […]

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A Better Deal Is Launched

Congressional Democratic leaders launched their “Better Deal” for 2018 this week. It’s designed to be a rolling set of legislative proposals and “Contract with America”-style plans to explain to the American people what they would do if they gain control of Congress in 2018. In an Op-Ed for the New York Times, Senate Minority Leader Chuck […]

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