Money talks.. It is also a conversation stopper. Almost any discussion among progressives of what is really needed to solve the nation’s multiple crises typically ends in despair when someone says, “But they will not accept that,” they being the corporate rich and powerful, what a Texas friend of mine used to call Big...
Historians who look back to our time will surely conclude that our problem was not that we didn’t know where we were headed, it was that we didn’t act on what we knew. Before the financial crash of 2008-2009 and the Great Recession that followed, there was ample warning. Whether you were a journalist...
Many Democrats turned away from the Republican convention both incredulous and optimistic. As one put it: “How do these guys think they can win with a such an out-of-touch hard right platform?” The answer is, they don’t. History tells us that when presidents lose their re-election it is not because voters love the challenger...
MS. DIANE REHM Thanks for joining us. I’m Diane Rehm. The middle class, as we have known it, is on the way out. That’s according to Jeff Faux, founding president at the Economic Policy Institute. In the new book, he explains why he believes politicians of both parties at the behest of America’s elite...
Jeff Faux, Distinguished Fellow at the Economic Policy Institute (EPI), joined us here today at the AFL-CIO to discuss his new book, The Servant Economy: Where America’s Elite is Sending the Middle Class. The event launches the AFL-CIO summer book series, which includes discussions with noted economists who will talk about their new books on jobs, inequality and the U.S. financial crisis. (Get...
Calls for a bipartisan “Grand Bargain” on taxes and spending for the next decade ring out daily, if not hourly, from the politicians and pundits who dominate our political media. But the national discourse is silent on the tacit agreement both parties have already made on the future that lies ahead for the majority...
• Provocative and brutally honest, this book takes up where almost all current books on the economic and political crisis leave off, looking not simply at how we got here, but where we are going.
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