Washington – Unless you tuned out Donald Trump on his final frenetic campaign blitz, you remember seeing him barnstorming across Florida, stoking the fears of Latino voters with his nightmare threat that Joe Biden & Company would “turn America into Communist Cuba or Socialist Venezuela.” Fearmongering pure and simple, but it worked with a big […]
Washington – Maybe you’ve forgotten, as I had, how snidely candidate Donald Trump declared war on Wall Street back in 2016, savaging Hillary Clinton as ”the puppet” of Wall Street – “they pull the strings” – and personally vowing to generate an economic renaissance that would lift the American middle class out of stagnation and […]
Washington – Alan Krueger, the Princeton professor and economic adviser to two presidents who died last weekend, rang the alarm bell for me as a reporter six years ago with a disturbing speech that he gave, of all places, at Cleveland’s Rock and Roll Museum. Krueger was one of those rare economists who break out […]
Washington – Behind the hollow sparring over the border wall and government shutdowns, the ground is shifting under President Trump and the political pendulum is swinging toward a new economic agenda. Even conservative Fox News reports that American voters, by a huge margin, now want to reverse the Trump tax cut of 2017 and increase […]
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. […]
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 […]
Washington – With Republicans surfacing more details of their tax-cut package and debate sharpening over its likely impact, Trump’s top economist forecasts a boost of $4,000 in annual income for the typical American family but most economists don’t buy that estimate and Senate Democratic Leader Chuck Schumer derides it as “fake math.” In fact, one […]
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 […]
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 […]
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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