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A Trump Reelection Will Be Hell on American Workers

The perennial complaint about mainstream media coverage of presidential elections is that it too often gets bogged down in the horse-race muck—endless discussions of approval ratings, head-to-head polls between front-runner candidates, and the public’s opinions on hot-button issues. On those rare occasions when policy is discussed, the media treats it as if we had a parliamentary system that would allow a candidate to seamlessly implement their agenda if elected. This style of political journali ....

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A Trump Reelection Will Be Hell on American Workers

A Trump Reelection Will Be Hell on American Workers
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Opinion | On This Labor Day, Here's How Biden Can Help Democrats Become the Party of the Working Class Again

Opinion | On This Labor Day, Here's How Biden Can Help Democrats Become the Party of the Working Class Again
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Does trickle-down economics actually work?

Does trickle-down economics actually work?
Making big corporations and the rich even richer through tax cuts and regulatory rollbacks doesn’t make the rest of us better off.
Myth #1: Tax cuts for corporations and the rich create more and better jobs.
Wrong. Corporations used Trump’s giant tax cut to buy back shares of their own stock and boost share prices. From 2017 to 2018, stock buybacks increased by a staggering 50 percent. Lowe’s spent $10 billion on stock buybacks in 2018, and then fired thousands of workers with no notice or severance. Walmart and AT&T also laid off thousands of workers.
And contrary to the claim that the tax cut would boost wages by $4,000 a year, a recent analysis found that in the year after the Trump tax cut, wages increased by about the same as they did before it, and then slowed. ....

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