Sure, it feels patriotic to BBQ on our day off and light fireworks we hope won't start a brush fire, but it's little more than consumerism wrapped in the seasonal marketing of nationalism. But fear not! If you wanna put your patriotism to the test, we've got just the thing for you.
America's Economic Dilemma: All Big Business Present But Not All Accounted For. Part One: The Problem.
For a large part of the 20th century, the fate and fortune of America's big business and its "average citizens" were intertwined. In the 21st century, however, they are almost completely disconnected.
If you're the kind of person that thinks people who support Bernie Sanders are idiots because "someone has to pay for that free college", you need to recognize that someone also has to pay for the Republican backed socialist wealth redistribution that benefits rich individuals and corporations.
The new tax agreement could be better than the alternatives.
I'm not one to invoke Higher Powers, but for those of us watchdogging corporate welfare, the early departures of candidates Rick Perry and Scott Walker are enough to suggest Divine Intervention. Two of the most outrageous subsidy sinners are gone. If Somebody Up There is meting out economic development justice, who's next to drop?
As Americans retreat to cooler locales for the worst of the summer's heat, the Department of the Interior is on a listening tour about coal royalty reform. Interior manages coal on public lands for the public's best interest, which has been ill-served by the below-market prices attached to federal mineral leases for decades.
The Export-Import Bank died when its charter expired at the end of June. After 81 years, what is commonly known as Boeing's Bank headed toward Washington's trash bin.
The evidence suggests that attracting a professional sports franchise to a city and building that franchise a new stadium or arena will have no effect on the growth rate of real per capita income and may reduce the level of real per capita income in that city.
For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?
We have to demand an end to corporate welfare. No more handouts to particular corporations and industries simply because they're big enough and powerful enough to get them. No more specialized tax breaks. No more exemptions or special treatment. No more crony capitalism.
Through a myriad of tax avoidance schemes, the wealthy 1 percent continue to profit using public resources, subsidies and infrastructure while the 99 percent disproportionately pay the bills for it -- all while struggling to pay their own bills, mortgages, student loans, and more. Americans must ask why individual taxpayers are fronting the money for hugely profitable corporations.