Blogs

The GOP and Small Businesses

Kansas Governor Sam Brownback had championed the largest tax cuts in the state's history, eliminating taxes on non-wage earnings for nearly 200,000 small businesses. Just like all Republicans these days, Brownback had made cutting taxes and shrinking government the centerpieces of his government. Now the great State of Kansas has a huge projected budget shortfall.

Why do Republicans Hate Social Security?

Here's Charles Krauthammer (the Fox News pundit) writing for the Washington Post -- "Some in Congress are talking about a 10- or 20-cent hike in the federal tax [on a gallon of gasoline] to use for infrastructure spending. Right idea, wrong policy. The hike should not be 10 cents but $1. And the proceeds should not be spent by, or even entrusted to, the government.

Welcome to 2015

Happy New Year From The Economic Populist!  Another day, another year.  We hope 2015 is finally the time of the middle class.  Will finally wages increase, will jobs and careers recover?  So far that has not been the case, although 2014 is when hope for U.S. workers glimmered on the horizon.  We've survived the three biggest days to die in the United States, Christmas, Boxing day and New Years.  Now an onslaught of Republicans will take over Congress, so we can be assured any legislation to help the U.S. middle class will not be enacted.

China Trade Deficit Has Cost the United States 3.2 Million Jobs

If anyone believes offshore outsourcing jobs is passé and not impacting U.S. labor markets think again.  The Economic Policy Institute has published a new study showing America has lost millions of jobs to China's cheap labor market.  From 2001 to 2013, the massive trade deficit with China has cost the United States 3.2 million jobs.

The GOP’s “Jobs Bill Joke” (and other 2015 LOLs)

Nine million unemployed Americans and six million others who are "not in the labor force" but also want a job will soon see what the new Congress will propose next year as their first "jobs bill" (Hint: It won't be for government jobs or public infrastructure investment — and it will be the GOP's very first bill).

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