Category: Economy
Cue the Violins, Trump Rushes in to Rescue ‘Overtaxed’ Corporations
by Sarah Anderson | Nov 3, 2017 | Economy, PoliticsWithout 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 […]
Reaganomics Redux, But Worse
by Jeff Madrick | Jun 5, 2017 | Economy, PoliticsThe 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 […]
Ryancare: It’s a Tax Cut for the Rich
by The Washington Spectator | Apr 27, 2017 | Economy, PoliticsThe 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 […]
Obama, Transformed
by Rick Perlstein | Jan 19, 2016 | Economy, Foreign Policy, Politics, Rickipediaphoto: 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 […]
The Ryan Budget: Know Your Enemy
by Lou Dubose | Dec 29, 2015 | Economy, Politics, The IntervalPhoto: Jory Heckman Hey yo, so check this out! Yeah! Know your enemy! –Rage Against the Machine Before he was Speaker, before he grew the Hugh Jackman beard, before we knew he was a Rage Against the Machine fan and that his playlist “starts with AC/DC and ends with Zeppelin,” Paul Ryan was a […]