Not Normal

Earlier this week, after an 18-month investigation, the New York Times revealed that the President of the United States committed hundreds of millions of dollars of tax fraud – possibly one of the biggest scandals in the history of the Presidency – and a few days later we’re no longer talking about it. The fact […]

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House Republicans Are Gaslighting Their Constituents

House Republicans proposed an additional $646 billion in tax cuts this week — a number that could grow to roughly $2 trillion over a decade. Background: The tax cuts for individuals under the original Republican tax law pushed through in December 2017 are mostly set to expire by 2025. Only the law’s tax changes for corporations were permanent […]

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Middle class left paying for cuts to social programs

Wednesday’s editorial on the gutting of social programs was the clearest presentation of the march to destroy the social safety net that I’ve seen to date. NPR ran a program Wednesday morning focused on the 50-year plan of the Kansas Koch brothers to reduce government and drown it in the bathtub, according to one of […]

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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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