The president’s budget proposal punishes the poor for their poverty.
Trickle Downers
Posted inEconomic Policy
It’s Time to Ban Stock Buybacks
The Trump tax cuts have exposed how the Shareholder First economy benefits Wall Street investors and CEOs at the expense of everyone else.
Posted inMoney, Politics, and Power
Scott Walker Doubles Down on Foxconn-omics
It was just a few months ago that Wisconsin Governor Scott Walker unveiled a massive deal that would give the Taiwanese manufacturing giant Foxconn $3 billion in tax subsidies to open a $10 billion LCD TV factory, promising to bring 13,000 jobs to southeastern Wisconsin. That’s a public cost of $230,000 per job. Initial estimates […]
Posted inWorking in America
Amazon Warehouses May Leave Cities Worse For Wear
A new report finds that localities with Amazon warehouses haven’t seen an overall boost in employment.
Posted inMoney, Politics, and Power
ExxonMobil Plays Trump Like a Fiddle
President Donald Trump—the great dealmaker—has an ego fueled by flattery, which is allowing corporate America to play him like a fiddle. Since the passage of his massive tax cuts, Trump has trumpeted the news of one-time bonuses, wage hikes, capital investment projects, and job creation promises as affirmations of his genius. His State of the […]
Posted inMoney, Politics, and Power
Good Riddance, Sam Brownback
The governor may be (finally) leaving Kansas, but his trickle-down legacy has saddled us all.
Posted inEconomic Policy
Bank of Whose America?
By eliminating a popular free checking account, Bank of America only reminds us that traditional banking is for everyone—except the poor.
Posted inMoney, Politics, and Power
For Banks, Double the Trickle-Down Delight
Trump’s tax cuts and deregulation are a bonanza for Wall Street.
Posted inEconomic Policy
What Republicans Have Learned from Their Tax Cut Debacles: Nothing
Despite the failures of trickle-down economics in Kansas and Oklahoma, Nebraska seems poised to give it a go.
Posted inMoney, Politics, and Power
Dynamically Scorned
Steve Mnuchin’s “fake math” analysis admits that the tax cuts will not pay for themselves. Will it matter?
