Guest Column – By Robert Reich – Income and wealth are now more concentrated at the top than at any time over the last 80 years, and our unjust tax system is a big reason why. The tax code is rigged for the rich, enabling a handful of wealthy individuals to exert undue influence over…
Editor’s Note: This is the first in a three part series on the death of the American Dream and the one last chance we have to save it. Part II: The Early Days of the Internet – What Went Wrong Part III: Government Regulations and Objective Journalism Redefined Part I: Death of an Empire –…
By Glynn Wilson – This might be a good time for Secretary of the Treasury Steven Mnuchin to sit down for lunch with President Donald J. Trump at the White House, or maybe play a round of golf with him, to explain how tariffs actually work and brief him on the history of how trade…
By Glynn Wilson – WASHINGTON, D.C. — You would have to go back to the 1920s and early ’30s to find a President of the United States willing to fight trade wars with other countries and express hostility to international trade agreements as Donald Trump seems intent on doing, it seems for domestic political points…
By Robert Reich – Why did working class voters choose a selfish, thin-skinned, petulant, lying, narcissistic, boastful, megalomaniac for president? With the 2018 midterms around the corner, and prospective Democratic candidates already eyeing the 2020 race, the answer is important because it will influence how Democrats campaign. One explanation focuses on economic hardship. The working…
The Big Picture – By Glynn Wilson – Not since George W. Bush’s 100 day losing war with Iraq based on bad intel has America suffered such days of grief as the first 100 days of Donald Trump’s presidency. For those who are too young to remember or who somehow rode out the Bush years…
Bar corporations from deducting all executive pay in excess of $1 million – By Robert Reich – What can be done to deter pharmaceutical companies from jacking up prices of critical drugs? To prevent Wall Street banks from excessive gambling? To nudge CEOs into taking a longer-term view? To restrain runaway CEO pay? Answer to…
By Robert Reich – One of Bernie Sanders’s most important proposals didn’t receive enough attention and should become a law even without a president Sanders. Hillary Clinton should adopt it for her campaign. It’s a tax on financial transactions. Putting a small tax on financial transactions would: 1. Reduce incentives for high speed trading, insider…
