As coronavirus sweeps the globe, there is not a single Trilogy Evo Universal ventilator — developed with government funds — in the U.S. stockpile. Meanwhile, Royal Philips N.V. has sold higher-priced versions to clients around the world.
The economic indicators, while not yet flashing red, are a steady yellow.
In the Cabinet Room Trump reads a news item about GM closing a plant in Korea and just tags on a lie that they're moving to Detroit.
Thus playing right into Trump's talking points. There's a word for that, Ford.
So much for "Made in the USA"
Students coordinate nationwide protests to highlight the influence of corporations in higher education, where invasive billionaire Charles Koch is Public Enemy #1.
Trade is supposed to be balanced. Instead we have been running continuing trade deficits since the late 1970s. A former assistant Commerce secretary has offered a new plan for balancing trade.
The hugely rich have always been with us, of course, but now it’s… different.
The President is pushing a jobs agenda to grow the economy "from the middle out." Insider DC is mocking him because the ideas -- infrastructure, American manufacturing, fund our schools -- are not "new." Here is what else isn't new: budget cuts take money out of the economy, costing millions of jobs and harming our country's future competitiveness.
Detroit’s bondholder-friendly, worker/retiree-unfriendly bankruptcy tells the story of an economy where the priorities are completely screwed up.
- 1 of 3