Apart from filling corporate coffers and the pocketbooks of the 1 percent, the $1.9 trillion cut has put the federal government in a financial straightjacket.
EPI researchers reflect on the state of labor in the United States.
The longer Donald Trump persists in his trade war, the greater the chances are of an outright slump developing. That is what the financial markets are telling us, also the implicit message from the Federal Reserve.
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Aspects of the report are disturbing. Over the last year, the black unemployment rate has risen 0.2 percentage points to 6.7 percent and the white unemployment rate has dropped 0.4 percentage point to 3.1 percent. The rise is all among black men.
A New Peace Deal and a Green New Deal should go hand in hand
Since the 2016 elections, corporate media narratives about US politics have fixated on the “white working class” as a pivotal demographic, presented as a hardscrabble assortment of disaffected outsiders.
We are already paying a high price for inequality, but it is just a down payment on what we will have to pay if we do not do something—and quickly. It is not just our economy that is at stake; we are risking our democracy.
I am in debt, but not alone. Debt is a millstone that weighs down more than three-quarters of us. It can determine if we are able to run for office, launch a business, or quit a job we hate. It should not—and cannot—be a disqualification for ambition
Trump got 63.5 percent of the vote to Clinton’s 32.5 percent in Westmoreland County. The county is now solidly red, but it hasn’t always been. I grew up in Westmoreland County in the 1960s and ‘70s, and the county was solidly blue. Can it change back
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