Ellen Brown: A number of proposed federal changes will make it harder, not easier, for students to escape their debts, including wiping out some existing income-based repayment plans, harsher terms for graduate student loans, ending a program to cancel the debt of students defrauded by ripoff diploma mills, and strengthening “loan rehabilitation.”
Eve Garrow: The report puts the blame squarely on public officials who engage in a “dual narrative” about American society in which “the rich are industrious, entrepreneurial, patriotic and the drivers of economic success. The poor are wasters, losers and scammers.”
Berry Craig: Most reporters are choosing not to ask the president or his press secretary, Sarah Huckabee Sanders, about the returns. Their reticence baffles me.
Richard Wolff: The truths of younger generations, now spoken ever louder to power, are also wakening to the need for an alliance with a socially effective power to contest against both the GOP and the Dems.
Ellen Brown: Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.
Steve Hochstadt: Republicans insistently repeat that tax structure determines economic behavior: people will alter their behavior depending on how their money is taxed, including moving to states with lower taxes.
Tom Hastings: What the uber-rich count on is our apathy. Plus they believe that if you toss a bone to a dog that dog will not try to get inside your mansion where you are feasting on the choice meats.
Caroline Heldman: Democracy suffers when the largest tax reform in three decades that is opposed by a majority of Americans is signed by a president voted in by only 19.5% of the electorate, who has approval from just 35% of Americans (the lowest of any president in their first year) and 41% want to impeach.
Melina Abdullah: As the campaign has taken off, the alt-right has worked itself into a frenzy. Everyone from Bill O’Reilly to Laura Ingrahm and outlets from Breitbart to Fox News have cast #BlackXmas as “bigoted” and “racist.”
Josh Pechthalt: It is actually generous to call this trickle-down economics. To be more accurate and blunt, this broadly unpopular tax plan is a smash and grab, class warfare plain and simple.
John Peeler: While 95 percent of taxpayers may see some short-term reduction, their taxes will go up again in just a few years.
Berry Craig: Unions warned that Trump’s strategy with blue collar voters was divide-and-conquer, that he would shaft the whole working class.
RJ Eskow: Working people don’t have much to spend on entertainment nowadays, because it takes “every darn penny they have” just to survive.