Skip to content

Tag Archives: Economy

Not Made In America

Donald Trump decided to celebrate this week as “Made in America” week, saying “Remember the old days, you used to have ‘Made in the USA’. We’re going to put that brand on our products because it means it’s the best.” Then he held an event at the White House where he highlighted products made in […]

Share

Au Revoir to Paris?

© Jeff Danziger And the “Insult Europe Tour” isn’t over yet. Today, everyone is expecting Donald Trump to withdraw the US from the Paris Climate Accord, joining only Syria and Nicaragua in opposing the agreement. Our allies in Europe have been leading the fight against climate change, and now they are watching the US sink […]

Share

Today in Trump

Donald Trump’s international trip got pushed out of the news today by yet another list of bad news for his administration. Why settle for a scandal a day when you can have many? Russian agents bought ads on Facebook and other social media during the election to spread damaging stories about Hillary Clinton and influence […]

Share

What Really Matters

Are we Making America Great Again? Yesterday was a day for noisy but ultimately meaningless gestures from Republicans. The GOP controlled House passed their bill to destroy Obamacare, but that bill won’t even get a vote in the Senate. In the end, the only actual result from the House vote might be making it easier […]

Share

Damn Lies

Flanked by his top advisors and the CEOs who are members of his “business advisory council”, Donald Trump claimed “We’ve created over 600,000 jobs already over a very short period of time and it’s going to really start catching on now.” His advisors should have known better. Only 317,000 jobs have been created since Trump […]

Share

Unhealthy Entrepreneurship?

Despite their recent failure, efforts to repeal Obamacare are already negatively affecting our economy, including job creation. It’s the uncertainty, stupid! For example, one person who has been planning on starting her own business says: If Obamacare gets repealed, I’m anxious. What do I do? Right now, there is just so much instability. I don’t […]

Share

Bearer of Bad News

This blog has reported repeatedly on the Kansas Experiment. With the backing of the Koch brothers (whose headquarters is in Topeka), governor Sam Brownback, and a legislature so far right that after they got rid of most of the Democrats, they also got rid of most of the moderate Republicans, Kansas became a wet dream […]

Share

Fool me twice

You know the old saying about “Fool me once, shame on you; fool me twice, shame on me”. Well, it has never been so true. Last week, Donald Trump revealed his economic plan, and could you guess that it was more trickle-down economics. He is going to lower taxes on the rich dramatically, cutting the […]

Share

What do you have to lose? Plenty!

Donald Trump keeps asking “What do you have to lose?” — you know by voting for him? Well, this week we saw some answers. First, a British economic forecasting firm estimates that if Trump gets elected and implements just his existing economic proposals, it would cost the US $1 trillion over the next five years. […]

Share

Are You Better Off?

In general the economy has been growing since Obama took office, but Republican tax cuts and other regressive measures meant that virtually all of that gain has been going exclusively to the wealthiest people. Even though the average household income was going up, the vast majority of American households were not benefiting. A more significant […]

Share

The Debt Will Jump Under Trump

Will Republicans start accusing the Wall Street Journal (owned by the same people who own Fox News) of having a liberal bias? It wouldn’t surprise me after they published an article titled “Study Sees Debt Jumping Under Trump, Staying Steady Under Clinton“. This is not just the WSJ’s opinion. Several studies have analyzed the tax […]

Share

Theory and Practice

The UK Brexit vote has politicians and pundits theorizing about how that vote, and the ensuing economic turmoil, could have any parallels in Donald Trump’s campaign for the US presidency. After all, both Trump and Brexit are fueled by anti-immigrant sentiment and isolationist reactions to increasing globalism. For a minute, let’s ignore the irony of […]

Share

Racists, Bigots, and Trump

There are many theories of why people support Donald Trump. One theory is that the voters are angry and hate the political establishment. Middle class workers have been hurt by the economy and are desperate to find someone who can shake things up. Or at least stand up to the special interests who are sucking […]

Share

Elizabeth Warren on Donald Trump

You’ve probably heard a few sound bites from this speech, but likely nothing from the most important part. Trump claims that he can’t be bought, but now that he is the presumptive Republican nominee, he has pivoted and is now begging for money from the same Wall Street bankers who already own our political system […]

Share

Trump Might Just Destroy the World Economy

If you were worried about whether Donald Trump would destroy our economy, you don’t have to worry any more. In an interview last week on CNBC, Trump explained how he was going to destroy our economy. Bonus points: he will not just destroy our economy, but likely most of the world economy. Don’t believe me? […]

Share