Economy

What Just Happened? $30 Trillion to the Richest White Americans Since 2008

What Just Happened? $30 Trillion to the Richest White Americans Since 2008
While wealth continues to rush, not trickle, upwards, low-income families are going backwards as the average net worth for the poorest half of America decreased from $11,000 to $8,000 since the 2008 financial crash
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Check Your Wallet: Can You Find the $4,000 Trump Promised You?

Check Your Wallet: Can You Find the $4,000 Trump Promised You?
The GOP tax cuts have also added almost $2 trillion to the deficit. Now Republicans are trying to cover the hole they created by cutting critical public services that are important to working families.
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I've been paying my student loans for seven years. Somehow I owe more than when I graduated.

I've been paying my student loans for seven years. Somehow I owe more than when I graduated.
In the last 10 years alone, the number of people like me who owe at least $100,000 in student loans has quadrupled.
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Trump Plan Would Bypass Congress to Hand Rich Another $100 Billion in Tax Cuts

Trump Plan Would Bypass Congress to Hand Rich Another $100 Billion in Tax Cuts
The U.S. apparently can't afford single-payer, but the question of cost "never applies to billion dollar transfers to the one percent."
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Robert Reich: Why Wages Are Going Nowhere

Robert Reich: Why Wages Are Going Nowhere
America doesn’t have a jobs crisis. It has a good jobs crisis.
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With Everyone Focused on Trump, GOP Unveils Plan for More Corporate Tax Cuts

With Everyone Focused on Trump, GOP Unveils Plan for More Corporate Tax Cuts
American wages on average are down 9.3 percent since the GOP's first tax cut plan went into effect in January.
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Trump official dismisses US farmers facing huge losses from trade war

Trump official dismisses US farmers facing huge losses from trade war
Agriculture Secretary Sonny Perdue belittled American farmers on Wednesday.
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Rigged: Combined $5.1 Trillion in Tax Cuts by Bush, Obama, and Trump Went Mostly to Nation's Richest

 Rigged: Combined $5.1 Trillion in Tax Cuts by Bush, Obama, and Trump Went Mostly to Nation's Richest
"When people demand specifics on how to pay for expansions to social insurance, income supports, and public investments, seems like part of the answer is just 'we could stop doing this.'"
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Where Did Tax Benefits Trump Promised Average Americans Go? Straight to Big Oil, Big Pharma, and Crappy Insurance

Where Did Tax Benefits Trump Promised Average Americans Go? Straight to Big Oil, Big Pharma, and Crappy Insurance
"American families are seeing this tax cut law for what it is—a scam."
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Obama Treasury Secretary Tim Geithner Now Runs a Predatory Firm That Exploits the Poor for Profit

Obama Treasury Secretary Tim Geithner Now Runs a Predatory Firm That Exploits the Poor for Profit
"In a just world, Geithner would be shamed out of society and forced to beg for scraps after a story like this was published. Instead, he'll keep making millions."
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