News

Trump is campaigning that he’s kept ‘every single one’ of his promises. Here are 5 kitchen-table economic pledges he’s failed to fulfil.

Summary List Placement President Donald Trump is campaigning that he’s kept “every single one” of his promises. He said as much during the recent Republican National Convention. “I did what our political establishment never expected and could never forgive, breaking the cardinal rule of Washington politics: I kept my promise,” […]
Trump is campaigning that he’s kept ‘every single one’ of his promises. Here are 5 kitchen-table economic pledges he’s failed to fulfil.
Strategy

Don’t believe Mitch McConnell’s talk about ‘austerity’ — his track record shows he’d rather bail out corporations and the wealthy at the expense of everyday Americans’ futures

Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein. In the latest episode of the “Pitchfork Economics,” Roosevelt Institute Director Mike Konczal said government austerity causes leaders to […]
Don’t believe Mitch McConnell’s talk about ‘austerity’ — his track record shows he’d rather bail out corporations and the wealthy at the expense of everyday Americans’ futures
Markets

‘The era of tax cuts is over’: The wealthy US ‘investor class’ will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says

The “investor class” that reaped the benefits of President Donald Trump’s 2017 tax cut will likely pay for much of the government’s coronavirus stimulus, Jim Millstein, co-chairman at Guggenheim Securities, said Monday. The national deficit is expected to quadruple to $US3.8 trillion in 2020, according to a federal watchdog agency. […]
‘The era of tax cuts is over’: The wealthy US ‘investor class’ will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says