Over the last three decades, we’ve lost something precious and essential in the American concept of capitalism – the idea that shared prosperity is good business and smart economics because it generates long-term economic growth and competitiveness for the nation as a whole. High economic inequality is a drag on economic growth, economic studies show. […]
What does Putin want? What’s his end game? What’s next? Putin’s interference in elections in the U.S. and western Europe is his way of striking back at the U.S. for pushing NATO up against Russia’s borders, building a power base in Russia’s backyard and stationing anti-missile defenses in eastern Europe, says Hedrick Smith, former New […]
Our political world is feeling the after-shocks of Campaign 2016. The question now is whether President Trump and the GOP in Congress will deliver on Candidate Trump’s promises of a better deal for working middle class Americans or whether Trump’s new allegiance to the elite and the ideological conflicts within the Republican Party will do the […]
Highlights – Ralph Nader Interviews Hedrick Smith : “Certainly Trump didn’t intend to do this, nor did Steve Bannon, his Rasputin in the White House, but you know, accidentally and unintentionally, they have triggered and ignited a fire in the political prairies of this country.” “I don’t think we’ve seen this kind of electricity, this kind of […]
Washington – For Candidate Donald Trump, one sure-fire way to ignite his political base in 2016 was to savage Wall Street for stealing the American Dream from the working middle class and to accuse Hillary Clinton of rigging the system for her friends at Goldman Sachs and other Wall Street banks. “She is their puppet […]
If you’re still puzzling or in shock over the 2016 election, this is a must-watch video. I dig into the roots of the populist mutiny that caused this year’s populist earthquake – a mutiny that has been brewing for three decades in Middle America and that finally exploded, firing the astonishing candidacy of Bernie Sanders […]
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 […]
Washington – What got lost in the mudslinging of the second presidential debate and the political uproar over Donald Trump’s bragging about predatory sexism was an important watershed in U.S. political history – the political reforms that a majority of Americans back in opinion polls gained a first tier advocate moving closer to the White […]
Washington – In the end, winning elections rides on voter turnout – who votes and who doesn’t get to vote. Slowly, finally, the media gets around to the voters and, maybe, to America’s yawning voter gap – 41 million missing American voters, citizens eligible to vote but not registered. Ever since the conventions, the media […]
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 […]
Hedrick Smith, who conceived this website and is its principal writer and architect, is a Pulitzer Prize-winning former New York Times reporter and Emmy award-winning documentary producer for PBS and PBS FRONTLINE. more »
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