Tag: U.S. Economy

History depicts the battle between “bad myths” that divide, even destroy, vs the “good myths” that speak to the grandeur of the American experiment.

The power of big corporations to raise their prices higher than their costs are rising.

Poverty in history’s richest nation.

Social Security is one of the most popular and progressive government programs in the United States. But Republicans, who try to obscure their real agenda, are bent on cutting it.

"Corporations have price gouged consumers for extra profits—and gotten away with it—for too long."

The death of Democrats' $1.75 trillion reconciliation measure could deprive the U.S. economy of $60 billion in gross domestic product (GDP) over the next three quarters, hampering the nation's fragile recovery.

The underlying problem is not inflation. It’s lack of competition. Corporations are using the excuse of inflation to raise prices and make fatter profits.

What’s really happening is more accurately described as a living-wage shortage, a hazard pay shortage, a childcare shortage, a paid sick leave shortage, and a health care shortage.

When it comes to war, Americans remain willfully and incorrigibly ignorant. We have paid dearly for that ignorance and will likely pay even more in the years ahead.

Until the structural imbalance is remedied, the American economy will remain perilously fragile.