James Preston Allen: What most people on the Democratic Party side of things really don’t get is that this deeply held animus against real electoral democracy, where everyone is equally represented, is a threat to the fundamental belief that capitalism equals liberty.
Congress Loves to Gamble with Your Money
Lance Simmens: The good news for the President is that he is on the verge of being able to point to a huge victory by virtue of an immense tax reduction package that virtually was patched together like a Rube Goldberg contraption right up until the 51st vote was counted.
Consequences: The Trump Era Has Begun
John Peeler: No matter whether he is removed from office by impeachment or serves out his term, he has already put in place a fundamental change of course for this country, a shift that will take years, at best, to undo.
Dear Mr. President: Repeal and Replace Your Tax Plan
Dan Embree: Once Congress has rewarded its donors by repealing all the taxes they find noisome, they will abandon you like a stray basset hound with scabies.
The Political Economy of Obama/Trump
Richard Wolff: Given the conditions of global capitalism in the new century, a trickle down policy for the post-2008 US meant that “recovery” would be slow and bypass millions.
America’s Future Depends on Containing Neoliberalism
Frank Fear: Neoliberalism is so pervasive that prominent interpretations of what it means “to be a good leader,” “to exercise good leadership,” and “to be a success” are defined in neoliberal terms.
Minimum Wage? How About a Maximum Wage?
Jack Rothman: The trickle down theory holds that when financial elites heap up profits, good stuff cascades down to poor folks at the bottom. What I’ve seen trickle down is meager jobs and hardly-livable housing. Mansions never seem to trickle down.
Powell Memo
The Powell Memo: LA Progressive Live show focused on text of “The Powell Memo”. The memo, in its entirety, can be read in this post
O’Neill-Reagan Relationship No Model for Effective Governance
Randy Shaw: Chris Mathews describes Tip O’Neill as a tough Irish politician, but the genuinely nice Boston backroom dealer proved no match for a former Hollywood actor who was only sincere when helping the wealthy and demonizing the poor.
Trickle Down Poverty
Steve Hochstadt: Republicans are trying to slash the programs which have allowed most people who fell into poverty during the recession to get out of it.
Trickle Down Economics a Pyramid Scheme
Tina Dupuy: We’re fatter, sicker, further in debt and using the most illegal drugs in the world—all signs Americans have become overspent from bad economic policies.
The Seven Biggest Economic Lies
Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.
Fed Policy Needs a U-Turn
Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.
