RJ Eskow: Geithner made some (presumably unwelcome) news last week when it was reported that Warburg Pincus, the financial firm he now helms, is in the words of one employee, “monetizing poor people.”
Larry Wines: We cannot afford to maintain public works infrastructure to have lead-free drinking water and pothole-free roads. But we can spend hundreds of millions to give tax cuts to the richest among us.
Ellen Brown: California legislators exploring the public bank option may be breaking not just from Wall Street but from the Federal Reserve.
Anastasia Bernoulli: From personal experience, by the time a person even tells others that they’re struggling financially, they’ve already sold everything they could.
John Peeler: The main burden of Buchanan’s economic theory was the argument that all economic actors, including government functionaries and legislators, are individuals seeking to maximize their self-interest.
Bill Blum: There is nowhere in the country where someone working a full-time minimum-wage job could afford to rent a modest two-bedroom apartment. Not even in Arkansas, the state with the cheapest housing.
John Peeler: White working class people don’t typically want a guaranteed annual income regardless of employment: they want jobs that pay enough for a decent standard of living.
Richard Wolff: Even though Marx devoted much of his life to the research and exposition of his new surplus conception of class, many readers and followers since have missed the originality of his new and different concept.
Clarissa Woo Hermosillo: California has the highest poverty rate in the nation, with about one-in-five people living in poverty. More California children age 0-5 live in poverty than any other age group — about one-in-four.
Tom Hastings: If you have a device such as a phone, a laptop, any notebook or tablet, Trump is stepping on you. He is driving up the price and possible dragging down the quality of what you can purchase and use. Thanks, Dear Leader.
Lawrence Wittner: Buoyed by soaring corporate profits and stock prices, the richest Americans have reached new and dazzling heights of prosperity.
RJ Eskow: Our country’s economic condition is fragile, and the next recession could be catastrophic. Why, under these conditions, would the people entrusted with our economy decide to make things more dangerous?
Mel Gurtov: Trump administration has deliberately targeted the most vulnerable in society, kicking away every ladder of social wellbeing in order to serve Trump’s rich supporters and his alt-right agenda.