economics

WATCH: Janet Yellen Cautions Lawmakers: Think Twice About Trumponomics

WATCH: Janet Yellen Cautions Lawmakers: Think Twice About Trumponomics

In an address to Congress on Thursday, Federal Reserve Board Chair Janet Yellen questioned key sections of President-elect Donald Trump’s economic plan. Yellen warned that Trump’s plan could drive up inflation, swell the national debt, and leave the American economy more vulnerable to economic downturns. Trump has proposed increasing spending on infrastructure as a means […]

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 […]

These 5 Charts DESTROY GOP, Outline Obama’s Enormous Success In Jobs, Unemployment (TWEETS)

These 5 Charts DESTROY GOP, Outline Obama’s Enormous Success In Jobs, Unemployment (TWEETS)

When Barack Obama inherited the presidency in 2008, America’s economy was in a tailspin. The country was losing 800,000 jobs each month. The unemployment rate that year reached a high of 7.3 percent, but kept climbing into the following year. By October of 2009, it was at 10 percent. But thanks in part to Obama’s […]

5 Of The Biggest American Fears Fueled By GOP Fear Mongers (VIDEO)

5 Of The Biggest American Fears Fueled By GOP Fear Mongers (VIDEO)

With Halloween right around the corner, now is the perfect time to look at all the ridiculous things that scare Americans. And just in time for the holiday, a new report from Chapman University reveals what Americans fear the most. The university’s survey – “American Fears Wave 3” – sampled 1,511 adults to better understand […]

WATCH: Trump’s ‘Successful Businessman’ Myth Totally CRUSHED By Former Secretary Of Labor (TWEET/VIDEO)

WATCH: Trump’s ‘Successful Businessman’ Myth Totally CRUSHED By Former Secretary Of Labor (TWEET/VIDEO)

Robert Reich is an accomplished economist who worked in the Ford and Carter Administrations, and served as Secretary of Labor during Bill Clinton’s presidency. He attended Dartmouth, Oxford, and Yale. He has written over a dozen books about politics and economic policy in America. He’s a pretty sharp guy. But there’s one thing that Mr. Reich […]

Mexico Threatens To Cancel Treaties With U.S. If Donald Trump Is Elected

Mexico Threatens To Cancel Treaties With U.S. If Donald Trump Is Elected

Last week, Donald Trump went to Mexico and met with President Enrique Peña Nieto. The meeting proved surprising, and unpopular, with people on both sides of the border, and even though President Peña Nieto agreed to meet with Mr. Trump to clear up his perception of Mexican people and to speak about Mr. Trump’s proposed […]

Fact Checkers EXPOSE Trump’s Factually Flawed Economic Speech (VIDEO)

Fact Checkers EXPOSE Trump’s Factually Flawed Economic Speech (VIDEO)

After getting hammered in the press last week, Republican presidential candidate Donald Trump sought a chance to right the ship Monday with an economic policy speech at the Detroit Economic Club. A Dire Portrait Of America In a departure from his usual off-the-cuff style, Trump’s economic speech seemed wooden at first. Rehearsed, even. The presidential […]

How Would You Like A Basic Income Just For Being Alive? (VIDEO)

How Would You Like A Basic Income Just For Being Alive? (VIDEO)

Most Americans are wage slaves. A lot of us work so hard for so little, breaking our bodies, minds, and spirits so that we may live in poverty instead of total destitution. But what if getting paid didn’t require that kind of sacrifice? 100 Oakland residents may soon realize the futurist’s ideal of universal basic […]

Your Chances Of Becoming Poor? Surprisingly High, Says New Study

Your Chances Of Becoming Poor? Surprisingly High, Says New Study

One issue that’s been a major message in this year’s Democratic presidential primary is income inequality. Bernie Sanders has made it a central issue of his campaign. In fact, in a recent debate he has claimed that rebuilding the middle class is important enough to be his one issue, and it is an issue that hits home for much […]

No, Ayn Rand, Capitalism Doesn’t Work That Way

No, Ayn Rand, Capitalism Doesn’t Work That Way

Does anyone remember a couple of years ago when a couple of clever entrepreneurs decided they were going to create a paradise based on Ayn-Rand capitalism and name it ‘Galt’s Gulch,’ after Rand’s classic novel, Atlas Shrugged? They contacted dozens of like-minded investors, collected millions of dollars, and sold a pile of lots in a […]

Europe’s Banks Prove The Conservatives Wrong (Again)

Europe’s Banks Prove The Conservatives Wrong (Again)

Conservative economics is basically little more than a house of cards. Every single school of economics regularly utilized by Libertarian and Republican think-tanks and politicians is custom-built with the end in mind. When you start with the idea that giving rich people more money is the goal, you’re going to end up with policy recommendations […]

New Website ‘The Blackground’ Aims To Be ‘Black Wall St.’ Of The Internet

New Website ‘The Blackground’ Aims To Be ‘Black Wall St.’ Of The Internet

There’s a new website spreading across the Internet as of late, and with any luck, it’s revolutionary implications will help re-instate a sense of black solidarity and empowerment the likes of which haven’t been seen since Black Wall St. Welcome to The Blackground – a site designed to bring about easy access to black community, […]

The Hidden Costs Of Volkswagen’s Scandal

The Hidden Costs Of Volkswagen’s Scandal

The recent discovery that Volkswagen has been circumventing environmental standards in their diesel cars came as shocking news. Not because companies don’t try to maximize profits at every opportunity, but because the scandal seems so out of character. Volkswagen recently overtook Toyota to become the largest auto maker in the world, largely due to the […]

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 […]