Tag: clinton

Links 12/21/16

Preventing Offshoring:

     Congress requires the federal government to favor American-made products when it buys things. But in recent decades, the U.S. has exempted goods produced in countries with which the U.S. has trade agreements from so-called Buy America provisions. As a result, rather than using its purchasing power to give preferential treatment to goods produced domestically, the federal government treats goods manufactured in countries like Mexico and China the same as if they were American-made products.

       Because those elements of trade agreements are enacted through regulatory waivers, Trump can simply scrap the waivers, according to Lori Wallach, director of Public Citizen’s Global Trade Watch.

     “Trump, were he so inclined, could guarantee a lot more purchase of U.S. manufactured goods ― steel, glass, but also cars, computers, phone systems et cetera ― by getting rid of that waiver. And Congress does not really have anything to do about it,” Wallach said.

Childcare:

Recovery:

2016 Election:

Poverty:

Healthcare:

Democratic Socialism?:

 

 

 

 

Links 12/17/16

Fair Elections:

  • Time to Fire FBI Director James Comey If he’s not fired, future campaigns will convince public officials to improperly influence elections again. Since it worked, it will be copied. This was a blatant abuse of his power and a violation of the Hatch Act. Giuliani and everyone in the FBI who was in on it needs to be investigated.

National Security:

2016 Election:

Minimum Wage:

Retirement Insecurity:

Income Inequality:

Price Fixing:

Obamacare:

Women’s Voices Being Heard:

Jobs:

Transition Team:

Offshoring:

Poverty:

Wealth Gap:

Links 12/15/16

2016 Election:

  • Bernie Sanders: Donald Trump Won Because People are Tired of the Same Old Politically Correct Rhetoric Sander’s definition of politically correct rhetoric in this case is definitely different than the most common usage of the term (which is more specifically about language that avoids putting marginalized groups at a disadvantage.) If he wants to contribute to changing that term, great. I’d rather that term evolve into a pejorative to describe inauthentic, poll-tested talking points than be a pejorative for language that avoids further marginalizing the less powerful.However, it would really be more accurate to say that many voters, rightly or wrongly, viewed Trump as more “authentic” and that contributed to his win.

    What is traditionally considered PC rhetoric is fine with the American people if they think someone actually means what they’re saying. Sanders is a prime example. He is much more popular than the politically incorrect Trump, yet Sanders’ statements about minority groups and women could be considered very politically correct.

    In my opinion, Trump won for three primary reasons: his ability to resonate with Rust Belt voters on the economy, James Comey’s violation of the Hatch Act, and failures on the part of the Clinton campaign. You could also throw in the fact that Trump’s more charismatic than Clinton, although he’s considered extremely unlikeable by the majority of the American public.

Inequality:

Minimum Wage:

Wealth Inequality:

  • Black Wealth in the Age of Trump Lots of interesting perspectives. Race played a role in this election, but I don’t think identity politics gave Trump his win. He eked out those electoral college victories in Wisconsin, Michigan, and Pennsylvania by turning voters who had voted for Obama in the previous election.

The Forgotten Rural Poor:

The Failure of the Democratic Party to Speak for the Working and Middle Classes:

White Collar Crime:

Unjustified Executive Compensation:

  • Obscene Pay Inequality Bad for Workers and Economy “Obscene CEO pay has been a major part of the story. In the 1960s, the typical CEO of a big corporation made 20 times what the average worker made. Now, it’s hundreds of times… The tax code is often used to encourage behavior we want to see….If shareholders realize that inequitable pay scales are reducing their after-tax profits, they will pay their CEO’s less and their regular workers a little more.” Good luck!

Links 12/11/16

White Collar Crime:

Many of the customers, who often had Hispanic last names, didn’t know what they had purchased and there were “a large number of similarities” between the way Wells Fargo employees opened bogus bank accounts without customers’ knowledge and the way Prudential’s “MyTerm” policies were sold by the bank, three of the insurer’s former employees said in a lawsuit filed in New Jersey state court.

Inequality:

But America isn’t nearly as comfortable with redistributing wealth as most other Western democracies — and we’re particularly averse to social spending targeted at the neediest among us.

Maybe Americans would be more comfortable if they realized how much wealth the U.S. government redistributes to the rich.

Wealth Redistribution for the Rich:

Employee Welfare:

Class System in the United States:

Income and Job Guarantees

Social Security:

2016 Election:

Clinton Lost Because of Her Inability to Gauge the Public Mood on the Economy

By all accounts, this election was Hillary Clinton’s to lose. Although James Comey’s decision to violate the Hatch Act and try to swing the election certainly didn’t help Clinton, the real reason she lost was her inability to gauge the public mood and adapt to it.

Her support of NAFTA and the Trans Pacific Partnership angered voters who were seeing their jobs shipped overseas. Although Clinton solidly won all three presidential debates, the best criticisms that Trump landed in those performances were regarding trade.

Clinton’s pledge to not add a penny to the national debt, although austerity has been a disaster for the working class, also showed how tone deaf her campaign was.

The Democratic Party will need to start listening to leaders like Elizabeth Warren and Bernie Sanders, both popular, charismatic figures with a much better grasp of what really matters to the American people, if they want to regain the offices they have lost.

The Death of the Trans-Pacific Partnership is a Testament to the Strength of Working and Middle Class Voters

President-elect Trump officially announced that the  U.S. will quit TPP his first day in office.

This is a huge victory for America’s workers. It’s not just because this free trade agreement likely would have increased downward pressure on wages, further reduced manufacturing jobs, and increased trade deficits.

This is a victory because TPP’s death shows the power of working class and middle class votes.

Hundreds of millions were spent by big businesses to lobby for TPP. President Obama made TPP his number one legislative priority in his last term.

None of these forces were powerful enough to overcome the will of the American people. When it became clear that no one wanted another trade deal like NAFTA, even Hillary Clinton, long a neoliberal supporter of free trade, rescinded her support. Bernie Sanders and Donald Trump also understood that they could not be viable presidential candidates if they supported trade deals that took away American jobs.

The death of TPP is only the beginning. U.S. politicians are starting to realize that they have to address the needs of the 99% if they want to keep or gain office.