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.
Jesse Eisinger, ProPublica, and Kevin Wack, American Banker
ProPublica
Trump administration Justice Department took the unusual step of overruling staff prosecutors to reduce the settlements sought, leaving billions of dollars in potential recoveries on the table.
Worsening economic inequality in recent years is largely the result of policy choices that reflect the political influence and lobbying power of the rich. There is now a self-reinforcing pattern of high profits, low investment, and rising inequality
White students have lower exposure to students of other races than any other group of students. The typical white student attends a school that is 69% white.
As the wealth gap has widened, income gains have remained anemic for Americans at all levels for the past decade. Many economists argue that what's needed is simply higher incomes so more Americans can save and build wealth.
Byron Allen v. Comcast goes to SCOTUS; Rightist Media Power; T-Mobile-Sprint Merger; Tech Economy Brings Inequality; Media Workers Unionize; "When They See Us"; Readers Call Out NYT Warmongering
The historical record is clear: democracy was only won when poor people waged disruptive class struggle against the rich. We'll need more of it to save democracy today.
One group who won’t benefit much from Uber’s IPO: its drivers, who numbered 3.9 million at the end of last year. They are likely to see their pay worsen as the company strives to become more profitable while facing public shareholder pressure.
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