The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.
There are other ways to organize U.S. international trade. The neoliberal free trade of recent decades and the trade restrictions of Trumpian tariffs are not the only options.
Apologies to regular blog readers--I have been too busy going to, and preparing for, conferences to find good material on Japan, Libya, etc. to post. Very quick updates:
This past weekend Dollars & Sense was at Left Forum; our panel discussion on the banking sector went really well, with excellent analysis by Polly Cleveland and Rob Larson (with me moderating), and really thoughtful questions and discussion from the audience. There were about 60 people over the course of the session, in a room that fit only about 4o comfortably (so some people came and went, mostly because it was so cramped). And the D&S table at the book exhibit was also a success--we unloaded some 50 books and hundreds of magazines, signed up a couple of dozen new subscribers, recruited authors, saw old friends, and met lots of great people.
This weekend I'll be going to New Orleans for the the annual conference of the United Association for Labor Education. More information about that here.
More soon. Anyone who is heading to the UALE conference, find me at the D&S exhibit table, or at night find me at d/b/a in the Marigny district listening to some great jazz.