Lawrence Wittner: Although changes in public policy could close the widening pension gap, such changes do not seem likely to occur while a zealously pro-corporate party controls the White House, Congress, and the courts.
Steve Hochstadt: Compared to our developed peer nations, the US has the highest levels of inequality, more like Saudi Arabia and China than like Germany or Belgium.
Steve Hochstadt: The dishonesty of Wells Fargo over many years, cheating millions of customers for many years, and thus far escaping with no jail time for any employee, shows how insignificant we consumers are when we come up against giant corporations.
Richard J. Eskow: In the parlance of McMahon’s industry: Trump is treating voters like a bunch of jabronies
RJ Eskow: It’s becoming clear that Trump plans to give direct control of the government to the people who have indirectly ruled us for decades, thanks to an over-financialized economy and a government whose policies are guided by the desires of oligarchs.
Danny Feingold: Trump and the Republican Congress will pass a huge tax cut for the very wealthy, larger than the Reagan or George W. Bush tax cuts. That would mean large deficits. Those deficits will require, at some point, cuts in public spending.
Richard Eskow: Never before has someone prepared to assume the presidency under such a cloud of fraud accusations, potential conflicts of interest, erratic personal behavior, and sexual assault allegations.
Ellen Brown: Trump needs to try something new; and for this he could look to Abraham Lincoln, whose bold solution was very similar to one now being considered in Europe: just print the money.
Richard Eskow: It takes more than $15 per hour to earn a living wage in most states. When you throw in the rising cost of student debt, low-income Americans are even further underwater.
Ellen Brown: When deposited in its own state-owned bank, the state’s revenues would be just as safe, liquid and available as they would be if deposited in a Wall Street bank.
Robert Reich: The ascendance of Ryan and Clinton will mark a win for big business and Wall Street over the strongest anti-establishment surge America has witnessed since Great Depression.
RJ Eskow: Hillary should make a pledge now: to take immediate action in her first 100 days that will address Wells Fargo’s scandals and the systemic problems behind them.
RJ Eskow: The Wells Fargo scandal may be remembered as the moment when top bankers finally began to pay a price for their actions.