Johnny Townsend: If you act out of principle against every regressive tax, you’re making the lives of many poor and working class people harder, not easier. That’s a regressive act, too.
Jessica Goodheart: Most experts don’t believe that the governor-elect’s target of creating 3.5 million new units by 2025 is achievable. Still, they are energized by his bold plans.
Mark Dempsey: Whenever the U.S. has succumbed to the deflationary siren song of “Fiscal Responsibility™” borrowers suffer.
Randy Shaw: It is not too soon for housing advocates to tell their House member and Senators to prioritize a major HUD budget increase. If there is going to be a “Green New Deal” than billions of dollars for green and affordable infill housing must be included.
Frank Fear: The number and size of mega-gifts have risen so rapidly that the threshold for gifts to be so-classified has moved from $50 million in 2012 to $300 million in 2017.
Richard D. Wolff: We will all be better off when the current narrowness of economics is opened up to include more basic proposals for change adequate to the depth and scope of capitalism’s current problems.
Robert Reich: We should break up the high-tech behemoths, or at least require that they make their proprietary technology and data publicly available and share their platforms with smaller competitors.
Robert Reich: Clear away the financial rubble from those two former crashes and you’d see they both followed upon widening imbalances between the capacity of most people to buy, and what they as workers could produce.
Jessica Goodheart: By a decisive 58 percent, L.A. voted against asking the city to amend its charter to allow it to operate a municipal financial institution.
Ellen Brown: President Trump has stepped up his criticism of the Federal Reserve, saying of its aggressive interest rate hikes that it has “gone crazy.” The same charge has been leveled against Trump, but there may be a method to his madness.
Jessica Goodheart: A baby step toward establishing municipal banking in America’s second-largest city would be a giant leap for this national movement.
Jessica Goodheart: Topping the list of corporate anti-rent control donors are some of the country’s largest landlords — many funded by Wall Street investment dollars — whose bottom lines could be negatively affected by Prop. 10’s passage.
Randy Shaw: Anti-rent control campaigns disproportionately rely on lies because they are asking most voters to cast ballots against either their personal or broader self-interest.