Economics

GOP Socialism: Farm Bailouts Are Back! (Bribery For Votes)

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Farmers have been devastated by Donald Trump’s trade war with China and Europe, which destroyed lucrative foreign markets it took years to build. It will take years to rebuild those markets, if at all, if they have not already been displaced by other foreign competitors. The only thing  keeping many farmers financially afloat over the … Read more

Inequality in America: Far Beyond Extreme

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The maldistribution of America’s income and wealth has reached levels that our conventional economic stats have trouble revealing. [Cross-posted from Inequality.org] We’ve all seen the stats on America’s extreme inequality. Over 20 percent of our nation’s income flows to the top 1 percent. The top 1 percent’s share of our country’s wealth is approaching 40 … Read more