The idea that the appalling income distribution is the result of the new, global, high-tech economy is convenient nonsense. It’s politics, stupid.
Trickle Downers
Posted inEconomic Policy
Is Minnesota the Next Target for GOP Wage Suppression Laws?
A conservative ALEC legislator threatens to block local minimum-wage hikes.
Posted inMoney, Politics, and Power
An Alternative to Puzder
Fast-food CEO Andy Puzder, Donald Trump’s pick for labor secretary, is a big fan of robots-and not so much of humans. In an interview with Business Insider last March, Puzder had this to say about our robotic little friends: “They’re always polite, they always upsell, they never take a vacation, they never show up late, […]
Posted inWorking in America
What Economists Learned in 2016—Long After Everyone Else
The trade deals they shilled for didn’t work out all that well.
Posted inEconomic Policy
Larry Kudlow: Trickle Downer of the Week
Trump may tap cable news’ most diehard devotee of supply-side policy as his top economic adviser, cementing his administration’s adherence to a malicious scheme.
Posted inEconomic Policy
Trickle Upper: Portland Cracks Down on Excessive CEO Pay
In 2017, Portland, Oregon, will become the first city to impose a surtax on companies with CEOs who make more than 100 times their workers’ median pay-an idea that was floated by Prospect executive editor Harold Meyerson two years ago. “If congressional liberals want to diminish economic inequality, they should also promote legislation that would […]
Posted inCivil Rights in America
What Workers—Black, White, Hispanic, and Asian—Need
And what Democrats need to do if they’re to win elections
Posted inMoney, Politics, and Power
Paul Ryan: Trickle Downer of the Week
Don’t be fooled by Ryan’s “simplification” rhetoric. The speaker’s tax plan is a massive giveaway for Corporate America and the 1 percent.
Posted inEconomic Policy
Ohio Republicans Advance Nationwide Wage-Suppression Campaign
State lawmakers move to prevent municipalities from boosting pay for low-wage workers—a growing obstacle in the Fight for $15.
Posted inMoney, Politics, and Power
Trump Taps Anti-Worker Fast-Food CEO for Labor Secretary
Andy Puzder, the CEO of a major fast-food company and sworn foe of raising the minimum wage, embodies the right’s anti-worker, trickle-down agenda.
