Biden pledged to be “the most pro-union president leading the most pro-union administration in American history.” Here are three executive orders he could sign that would transform workers’ lives.He could sign them today — without Congress. What are you waiting for, Joe?
Just 4 firms control 85% of the beef market, 66% of the pork market, and 54% of the poultry market. The result? -Lower pay for farmers. -Bigger profits for monopolies. -Higher prices for you. There’s no question: We need to break up Big Ag.
If your company claims they can’t afford to raise workers’ pay, but then turns around and spends millions on anti-union consultants, then they might just be union busting.
Raising interest rates is a terrible mistake. The Fed assumes inflation is being driven by wage increases. That is false. Wage growth has lagged far behind inflation. You know what’s a real driver of inflation? Monopolistic corporations jacking up prices to maximize profits.
Celebrities have been shamelessly peddling crypto. In November, Mark Cuban said that Voyager was "as close to risk free as you’re gonna get in the crypto universe." Voyager went bankrupt in June. Believe me when I tell you this: They're selling you snake oil.
Woke Barbie. Tantrums over CRT. The panic over transgender people. The GOP’s dangerous performative outrage is designed to deflect your attention. Republicans want you distracted while they rig our economy, enrich their donors, assault the climate, and subvert our democracy.
Some myths about the economy are like zombies — they just keep crawling back. Here are the three that eat at me the most.
Trump's first 100 day agenda has been to benefit his wealthy backers and consolidate more power in his hands — all at your expense.
Think endless economic growth is always good? Think again.
Angry about airfares? Airlines merged from 12 carriers in 1980 to 4 today. Upset about grocery prices? 3 companies control 70% of grocery sales in 167 cities. Mad about drug prices? A handful of drug companies control the pharmaceutical industry. Monopolies are the problem.
I'm so tired of people pretending the rich are "job creators." Here's who's really creating jobs.
The Wells Fargo exec overseeing their customer account scam got a $125 million exit package. Meanwhile, most Americans who lose their jobs get only limited unemployment benefits. When I say we have socialism for the rich, harsh capitalism for the rest, this is what I mean.
“Corporate political donations are free speech.” Give me a break. Corporate political donations are legalized bribery, plain and simple.
My old boss Bill Clinton called globalization “the economic equivalent of a force of nature, like wind or water.” Here's what I have to say about that.
The rich would prefer you to believe that the free market is subject to the immutable law of supply and demand. Baloney! For years, the wealthy and powerful have manipulated the market for their own gain. There is nothing “free” about it.
No, rich people do not work harder than everyone else. Wealth doesn’t measure a person’s work ethic or what they deserve. It measures how well our economic system has been manipulated in their favor.
PSA: When the powerful say they want a “free market,“ what they actually mean is a market controlled by corporations, Wall Street, and the wealthy.
How on earth did corporations come to have more rights than you? Watch this.
We are told countless lies about economics. Enough. I’m launching a new 10-week series debunking economic myths. Here’s episode one:
Trump will cut taxes for billionaires and stick you with the bill. Here are five things you need to know about Trumponomics.
Rent is skyrocketing and home buying is out of reach for millions. One big reason why? Wall Street. Let me explain.
The next time you hear someone blame inflation on stimulus checks that Americans got four years ago or workers finally getting much-needed pay bumps, kindly remind them that corporate profits are at a 70-year-high. Hello?
You pay your taxes every year. Why shouldn’t the wealthy? Well, Republicans are making it easier for the rich to cheat while making it harder for you to get your taxes done, and slower to get your refund. Let me explain.
Meet Robert Bork. I worked for him. I respected him. I liked him. I also blame him for some profound and lasting harm to our society. Here's why.
Think tipping has gotten out of control? I get it. But the real outrage is that some tipped workers make as little as $2.13/hr. The subminimum wage is trapping workers in poverty. Saru Jayaraman and I explain.
There’s something happening with the U.S. economy that I haven’t seen in my 50 years in politics. Watch.
Trump seems to have given up on making groceries cheaper. Wasn't that what the entire election was supposedly about?
Who do you believe about the economy? Trump, who has driven countless businesses into the ground? Or 16 Nobel Prize-winning economists who all agree that Trump’s policies would be an inflation bomb?
The verdict is in: Trump’s tax scam was trickle-down economics on steroids.
Let's clear up the misinformation about a tax on unrealized capital gains. The plan Kamala Harris endorsed only applies to people with $100 million+ in wealth who do not pay at least a 25% tax rate on their income. Is that you? No? Then you will not be affected.
We cannot separate what has happened to working people over the last five decades from the dangerous lure of Trumpism. To build a path forward, we must debunk these 10 destructive myths about our rigged economy.
