American Economy

Guess Who Benefits Most From The GOP Tax Plan–The Trumps (Video)

Guess Who Benefits Most From The GOP Tax Plan–The Trumps (Video)

“Believe me.” That’s what President Donald Trump told supporters at a September 27 event in Indiana, referring to how much he stood to lose under the Republican tax plan that ultimately passed the House of Representatives on Thursday 227 to 205. “My accountant called me and said ‘you’re going to get killed in this bill,’” Trump told a […]

Cutting Taxes For The Wealthy Does NOT Help The Economy–Here’s Why (Video)

Cutting Taxes For The Wealthy Does NOT Help The Economy–Here’s Why (Video)

Tax cuts. The very mention of them sends shivers down conservative and progressive spines. Progressives take issue with their tax dollars helping to perpetuate a military industrial complex and subsidies to fossil fuel corporations, while conservatives and Tea Partiers rail against social safety nets like food stamps, Medicare, and Medicaid. The proposed budget Republicans unveiled last […]

WATCH: Trump’s America: The Corporate Blackmail Begins

WATCH: Trump’s America: The Corporate Blackmail Begins

HVAC manufacturing company Carrier says it has reached a deal with President-elect Donald Trump and Vice President-elect Mike Pence to keep around 1,000 factory jobs in Indiana. The company, owned by defense contractor United Technologies, announced in February that it would close two plants, which would leave around 1,400 people out of work. The new deal would […]

Trump’s Economic Policies Likely To Cause Growth, Then Lead To A Massive Crash

Trump’s Economic Policies Likely To Cause Growth, Then Lead To A Massive Crash

Here’s what passes for conventional wisdom in the business world since Donald Trump won the election: He’s gonna be great for business because he’s a businessman. And while there may be a shred of truth in that assumption–the President-elect is indeed a businessman–some of the policies he has said he will pursue could wind up […]

This Chart Shows How Many Hours You Have To Work In Every State To Pay Rent (VIDEO)

This Chart Shows How Many Hours You Have To Work In Every State To Pay Rent (VIDEO)

A recent study by the National Low Income Housing Coalition determined how many hours you would have to work a minimum wage job to afford rent. The results make a very good case for raising minimum wage. There is no state in the country where a minimum wage worker can afford market-rate rent working 40 hours […]

Yes, America, You Can Have Free College Tuition

Yes, America, You Can Have Free College Tuition

Republicans seem to have a thing about rolling back the clock to the good old days of Ronald Reagan. According to CNBC, in last September’s Republican Presidential debate, the candidates mentioned Ronnie an astonishing 64 times. They apparently think that the country was at its most prosperous during the wonderful Reagan administration. The Huffington Post reviewed data […]

Why Millennials Will Save The American Economy

Why Millennials Will Save The American Economy

The way the media talks about millennials, you’d think they’re harbingers of the American Apocalypse. In addition to getting slapped with labels like “lazy,” “entitled” and “narcissistic,” millennials are often blamed for the less-than-stellar state of the U.S. economy. Granted, millennials aren’t exactly problem-free. Those born between 1980 and the early 2000s have higher levels […]

Carly Fiorina Finally Admits That She Flat Out Lied At The Last GOP Debate

Carly Fiorina Finally Admits That She Flat Out Lied At The Last GOP Debate

Carly Fiorna has a nasty habit of making up things and passing them off as facts, but apparently one of those incidents has generated so much negative publicity for her campaign that she’s had to admit she misstated a major fact she tossed out during last week’s GOP debate. During that debate, Fiorina attempted to make […]

We Now Have PROOF That Trickle Down Economics Don’t Work — Where Is Fox News?

We Now Have PROOF That Trickle Down Economics Don’t Work — Where Is Fox News?

Reagan’s Tax Cuts For The Wealthy Were The Biggest Political Scam In The History of The United States The Republican theory that tax cuts for the wealthy (better known as “Reaganomics”) will trickle down to us mere minions has been a failure. All that has resulted from it is “wealth inequality” and deficits. After 35 […]

These Corporations Lead Their States in FY 2015 Revenue

These Corporations Lead Their States in FY 2015 Revenue

The American business market is cutthroat capitalism, essentially modern piracy. Corporations establish prominence, but are at times, dethroned by other corporations as demand and supply changes. Recently, Hoover’s Incorporated, a business research company and subsidiary of Dun and Bradstreet, Inc., released information regarding corporations based in each American state. Broadview Networks compiled Broadview’s information, ranking […]

Financial Advisor And The GOP Budget — The Working Poor’s Worst Nightmare

Financial Advisor And The GOP Budget — The Working Poor’s Worst Nightmare

We don’t need a financial advisor to know how wrong this is. The recently passed GOP Federal Budget?slashes?every social program from pre-school to senior safety nets.?Democrats responded by accurately calling it ?a recipe for national decline,? as it goes after healthcare, anti-poverty programs, schools and student loans, and Social Security — all while raising taxes […]

Likely GOP Candidate Carly Fiorina Says American Workers ‘Watch Porn All Day’

Likely GOP Candidate Carly Fiorina Says American Workers ‘Watch Porn All Day’

It’s so comforting to know that someone has a solution to everything that ails the American economy. Someone who can tackle the issues of income disparity, the minimum wage, and the deficit. What could possibly be the magic bullet for all of these problems? Well, according to former Hewlett-Packard CEO Carly Fiorina, it’s preventing workers […]