The Disastrous Climate Impacts of Trump’s Budget Bill: How To Fight Back
Nothing less than saving the planet is at stake.
Congressional Republicans and the Heritage Foundation are making a big deal about the Export-Import Bank, calling it “crony capitalism.” Are they right? Does the Ex-Im Bank serve a useful purpose, or is it just propping up the profits of trans-national corporations? —Arnie Alpert, Canterbury, N.H.
Dear Dr. Dollar: Would an increase of the minimum wage be inflationary? Would more inflation than we have now be a good or bad thing? —Alex Searles, Boston, Mass.
Why has our economy switched so greatly away from manufacturing that produces real goods and services that provide real value and towards speculative, financial activity--everything from mergers and acquisitions to derivatives, off-shore tax shelters, and other scams? --Glen W. Spielbauer, Dallas,
Boston is 3,280 air miles from London, only 27% further than the 2,580 air miles from Boston to San Diego. So why does a flight from Boston to London cost more than twice as much as a flight from Boston to San Diego, 100% more, for the same dates? Is it just supply and demand? --Kathleen M. Gillesp
There is a great deal of awareness of the general increase of income inequality in the United States. But what's happened to the income inequality between African Americans and European Americans ("Black-White" inequality)?
What are the similarities and differences between structural adjustment in the rest of the world/Third World and structural adjustment in the United States? --Vicki Legion, San Francisco, Calif.
Is the Federal Reserve, the Fed, as important to the operation of the economy as it seems? How does it work? If it is so important, how can anyone take seriously politicians such as Ron Paul, who calls for the Fed's abolition? --Tom Prebis, Cleveland, Ohio
Dear Dr. Dollar: People in the Occupy movement and many others are quite concerned about “corporate personhood,” and especially about the Citizens United decision. Did that Supreme Court decision in fact make a crucial difference with regard to the role of money in elections?
The main narrative that I hear in mainstream press is that U.S. workers are being undercut and eventually displaced by global competition. I think this narrative has a tone of inevitability, that low wages and job loss are driven by huge impersonal forces that we can't do much about. Is this right?
Many times I have read (in writings by former Secretary of Labor Robert Reich, for example) or heard it said (by President Obama, for example) that technology is eliminating more manufacturing jobs in the United States than rising imports. Is that true? --Kevin Rath, Oakland, Calif.
With the crisis in Greece and other countries, commentators have said that governments are "under pressure from the bond market" or that bond markets will "punish" governments. What does this mean? --Nikolaos Papanikolaou, Queens, N.Y.