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.

Some Elements of a Progressive International Trade Policy

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.

D&S BLOG

More Excess-Capacity Cutting

D&S Admin Jul 6, 2009

A piece in last Tuesday’s Wall Street Journal reiterates the point Roger Bybee made in our May/June issue (“Corporate America’s Counter-Stimulus Strategy”): Companies are shuttering profitable plants and putting workers out on the street despite viable buy-out offers in order to raise the price of a product they are still producing elsewhere by reducing capacity.

Read the whole piece here.

Published in: D&S BLOG

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Dollars & Sense is a non-profit, non-hierarchical, collectively-run organization that publishes economic news and analysis.

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