Economy and Business

Is GDP Over?

Is GDP Over?

Crossposted from Inequality.org.  Organizers of October’s fifth OECD World Forum on Statistics, Knowledge, and Policy could barely contain their sense of satisfaction when the three-day event opened in Guadalajara, Mexico. Why all the good cheer? Officials at the...

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Pay Fair or Pay Up

Pay Fair or Pay Up

Have you ever complained about the cost of funding social programs for the poor? Then you should support a living wage for workers. That’s the message supporters of the Responsible Business Act are sending employers in Chicago. The bill would charge Cook County...

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Obama’s Unholy Trade Policy

Obama’s Unholy Trade Policy

Pope Francis waxed radical on several big issues in his speech to Congress last September. He condemned the arms trade, called for climate action, and challenged lawmakers to protect the most vulnerable among us. It was wonderful. But for some reason, there was one...

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Don’t Pave Our Potholes with Corporate Tax Cuts

Don’t Pave Our Potholes with Corporate Tax Cuts

Life was different in the 1990s. Back in ‘93, a lucky few used dial-up Internet to access one of 800 websites available worldwide. Smart phones were a distant dream. The TV dinosaur Barney had just started “edutaining” America’s children. And gas cost about $1.30 a...

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Obama’s Kabuki Theater

Obama’s Kabuki Theater

The sales push behind Washington's latest "free-trade" agreement amounts to Kabuki theater. What's Kabuki? It's a 17th-century form of Japanese drama, featuring elaborate sets and costuming, rhythmic dialogue, and stylized acting and dancing. That pretty much sums up...

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Nuts to First Class

Nuts to First Class

I recently had the occasion to fly first class. As a poet and director of a small non-profit organization, this was a rare treat indeed. So why couldn’t I enjoy myself? It started with the warm nuts. I’d settled in with my free cocktail, having mastered the...

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Fighting Inequality at the Local Level

Fighting Inequality at the Local Level

Inequality isn’t a condition. It's a creation. Inequality is produced by thousands of decisions deliberately made by bosses, bankers, and big shots to siphon money and power from the many to the few. We see Wall Street and Washington doing this, but the deepening...

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Mitch McConnell’s War on Iran — and Boeing?

Mitch McConnell’s War on Iran — and Boeing?

Republicans in Congress may have failed to stop the landmark nuclear accord with Iran, but that doesn’t mean they’ve finished bloviating. As the news came in that President Barack Obama had secured enough votes to override any objections to the deal from Congress,...

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Chicago’s Taxpayer-Funded Ode to Robber Barons

Chicago’s Taxpayer-Funded Ode to Robber Barons

History, as the old adage goes, is written by the winners. Even though many "winners" are losers as human beings. For a clear example of this irony, check out the new national monument to corporate greed created by our Park Service in Chicago. It's on the site of what...

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The Go-to Guy for Corporate Moochers

The Go-to Guy for Corporate Moochers

Wisconsin Governor Scott Walker says he should be America's next president because he's a proven budget whacker. And yes, by golly, he’s dressed down teachers, slashed funding for higher education, busted unions, and gone after welfare recipients. He's the Koch...

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