Monthly Archives: February 2019

EFFECTS OF THE 2017 CORPORATE TAX CUTS

There are new data on the effects of the federal tax cuts enacted in December 2017 by the Tax Cuts and Jobs Act (TCJA). They are not what their Republican proponents promised. They promised that corporations would use their big tax cuts to create new jobs, hire new workers, and improve workers’ pay and benefits. […]

THE DEPARTMENT OF DEFENSE’S MASSIVE FINANCIAL FRAUD

The Department of Defense (DOD) has been engaging in massive financial fraud for years. It has inflated its expenditures and budget requests repeatedly while stashing hundreds of billions of dollars into hidden slush funds. In 1990, Congress passed and President George H. W. Bush signed into law the Chief Financial Officers Act. It requires 24 […]

ARE THE DEMOCRATS’ IDEAS RADICAL?

The mainstream media’s frequent characterization of ideas put forth by Democratic members of Congress and Democratic presidential candidates as “radical” or “far left” or “out of the mainstream” is simply inaccurate. Most of the ideas so labeled are policies that: Have previously been in place in the U.S., Are broadly supported by the American public, […]

CONTROLLING DRUG PRICES

Clearly, we need better regulation of drug prices and the drug industry in the U.S. Unwarranted, steep increases in drugs’ prices and higher prices than in other countries are key indicators of the need for better regulation to lower prices. And, as recent investigations have uncovered, this applies to the generic drug makers as well […]