At least, not according to what Republicans promised when they passed them. The Trump tax cuts didn’t work to grow the economy, increase revenues, alleviate the debt, or benefit ordinary Americans as alleged. The Tax Cuts and Jobs Act (TCJA) was introduced by then-Speaker of the House (and fiscal hawk) Paul Ryan and signed into […]
Dave Karpf absolutely shreds Balaji Srinivasan’s book “The Network State” as the ravings of a rich delusional megalomaniac preening to his Silicon Valley peers who fancy themselves in Galt’s Gulch. These guys appear almost completely ignorant about the actual functions of a nation-state. If they want to declare themselves sovereign and secede from the United […]
The situation is, as they say in the military, FUBAR’d. We are under a full-on authoritarian attack to democracy in progress in broad daylight, being carried out by the (unfortunately) legitimate president and his illegitimate best buddy Elon Musk. What can we do — the situation seems so bleak, you say. I hear you and […]
The trajectory of the U.S. national debt is a compelling narrative that mirrors the nation’s evolving priorities, polarities, challenges, and triumphs. From the nascent days of the republic, grappling with the financial aftermath of the Revolutionary War, to the expansive fiscal policies of the 20th century, each era offers a unique lens into the economic […]
As the 2024 election season heats up, Kamala Harris’s policy platform has begun to shape a forward-thinking blueprint for what she calls an “Opportunity Economy” and a “New Way Forward.” With an approach that blends economic pragmatism and social investment, her policy outline aims to strengthen the middle class while addressing the core issues faced […]
Disinformation is more than just false information—it’s a calculated effort to deceive. Unlike misinformation, which spreads by accident or ignorance, disinformation is crafted with precision to manipulate public opinion and sow confusion. Its architects in the right-wing media ecosystem and elsewhere often exploit existing divides—political, social, or cultural—using these cracks in the foundation of society […]
This is one of those stats that’s sure to be both repeated and disbelieved, courtesy of Bill Clinton’s speech at the phenomenal DNC 2024 last night: since the end of the Cold War in 1989, the cumulative tally of job creation between the two parties is not even close: 50 to 1. Out of the […]
Project 2025, led by former Trump official Paul Dans and key conservative figures within The Heritage Foundation, sets forth an ambitious conservative and Christian nationalist vision aimed at fundamentally transforming the role of the federal government. Leonard Leo, a prominent conservative known for his influence on the U.S. Supreme Court‘s composition, is among the project’s […]
Strong economic messages of the Keynesian buttressing of the middle class that is Bidenomics were everywhere in evidence at last night’s State of the Union address, Biden’s third since taking office in 2021. In SOTU 2024 he spoke about stabbing trickle-down economics in its gasping heart as a repeated failure to the American people. Instead […]
A network of exceedingly wealthy individuals and organizations have channeled their vast fortunes into influencing American politics, policy, and public opinion — they’ve formed a wealth cult. And they’ve leveraged that cult and its considerable fortune to influence and in many ways dramatically transform American politics. The term “dark money” refers to political spending meant […]
Buckle up, we’re in for a wild ride. Many of the serious scholars of political history and authoritarian regimes are sounding the alarm bells that, although it is a very very good thing that we got the Trump crime family out of the Oval Office, it is still a very very bad thing for America […]
Trickle down economics is known by a number of names: supply side economics, Reaganomics, voodoo economics, deregulation, Libertarianism, Mudsill Theory, horse and sparrow theory, and the Trump tax cuts, to name a few. It has been espoused by everyone from Ayn Rand to Milton Friedman to Alan Greenspan to Gordon Gecko. Trickle down economics involves […]
Mythology has it that “reckless Democratic spending” is to blame for the ballooning of the national debt — though the historical record shows otherwise. In fact, the conservatives‘ beloved demi-god Ronald Reagan was the first President to skyrocket the debt, thanks to some bunk ideas from an old cocktail napkin that linger to this day […]
Or: How Milton Friedman destroyed Western civilization, the neolliberalism story. An economic ideology first theorized in the 40s and 50s by scholars, it was brought to popular attention in the 1970s by the works of economist Milton Friedman and novelist Ayn Rand among others. It grew in popularity and became widely adopted in U.S. economic […]
It’s been said that the devilish ways of pedophiliac liberal Democrats are killing Christianity in America, but the numbers tell a different story. Following the 2016 Armistice in the War on Christmas, Donald Trump yet managed to drive 1 in 7 Evangelicals from the fold, according to data from Pew and PRRI. Far from the […]