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Category: Economy

In this Month’s Issue: August 2018

by | Aug 1, 2018 | Economy, Foreign Policy, Politics

French Lessons on How to Grow the Middle Class By Steven Pressman As the campaign season enters its final stages, torrents of empty rhetoric and wasted column inches are being devoted to the fate of American middle-class families. Proposals ranging from health saving accounts, student debt forgiveness, even guaranteed minimum income plans have been advanced as […]

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Fat Cat

Cue the Violins, Trump Rushes in to Rescue ‘Overtaxed’ Corporations

by Sarah Anderson | Nov 3, 2017 | Economy, Politics

Without a single major legislative victory under his belt, President Trump is hoping to break his Capitol Hill losing streak with a win on tax cuts. At rallies around the country, he’s pitched his tax plan with tremendous passion, particularly when bemoaning the plight of overburdened corporations. “Our high business tax is nothing more than […]

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Reaganomics Redux, But Worse

by Jeff Madrick | Jun 5, 2017 | Economy, Politics

The tax cut proposals first announced by President Donald Trump this April are, simply put, a fraud. They are about greed and politics, not economic growth or true tax reform. The policy has been proved wrong twice already. As a broadly faithful rerun of the Reaganomics of the early 1980s, Trump’s policies, should they be […]

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Ryancare: It’s a Tax Cut for the Rich

by The Washington Spectator | Apr 27, 2017 | Economy, Politics

The GOP Affordable Care Act replacement draft includes reforms promoted by Speaker of the House Paul Ryan since (and before) the passage of the ACA, including funding Medicaid with block grants to states and a per capita cap on Medicaid funding. The federal government pays a fixed share of states’ Medicaid costs. Under Ryancare, federal […]

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Obama State of the Union 2016

Obama, Transformed

by Rick Perlstein | Jan 19, 2016 | Economy, Foreign Policy, Politics, Rickipedia

photo: whitehouse.gov They say the president gave his seventh State of the Union address last Tuesday, but personally, I count eight. On February 24, 2009, Barack Obama’s 35th full day in office, he delivered a speech to a joint session of Congress to explain how America had gotten into its economic mess and how his […]

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