Reclaim the American Dream

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Tag Archives: wedge economics

GOP Tax-Cut Feeds Cancer of Inequality

Washington – The most lethal damage to American society embedded in the Republican tax plan now being rushed through Congress is that it will metastasize the cancerous economic inequality that has been eating away at the health and fabric of American democracy over four decades – an issue some Democrats plan to take to voters […]

Enter Trump and The 2nd “Revolt of the Bosses”

Washington – With his cabinet of billionaires and trickle-down CEOs, President-elect Donald Trump has set the stage for the second “Revolt of the Bosses,” ignoring that the first “Revolt of the Bosses” starting in the late 1970s fueled the gaping inequalities of income and wealth that now plague America and that infuriated Trump’s working class […]

The 2016 Election – An MRI on America

Washington – From its raw beginnings to its stunning finale, the presidential campaign of 2016 has been a political earthquake, a broad populist rebellion that has shattered the landscape of power within both major political parties. The entire narrative of this campaign has been driven by a revolt from the bottom up, by two candidates […]

Why Good News/Bad News for the Middle Class?

Olga, WA – If you’re baffled by the latest good news/bad news for the American middle class – word that in 2015 typical family income got its best boost in five decades, but families are still worse off than in 2007, just think about trickle-down economics and how it works. During an economic recovery, the […]

Boosting The Middle Class – America’s “Job Creators”

Washington – Economists call it “the Virtuous Circle of Growth.” It’s the dead opposite of “trickle down economics.” The core idea is that a well-paid middle class is the engine of America’s economic growth. In other words, America’s job creators are the 99%, not the 1%. That was the economic concept that powered America’s remarkable […]

The Populist Earthquake of 2016

Washington – The political earthquake now shaking the foundations of the Republican Party throws into bold relief the unique feature of Campaign 2016 –  the fault-line this year is not the typical polar clash of Left vs Right, but a far more fundamental Up-Down cleavage between rank and file Americans and what C. Wright Mills […]

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