Tag: obamacare

Links 12/22/16

Consumer Financial Protection Bureau:

The CFPB has recently become “one of Washington’s most powerful and pugnacious regulators,” as The New York Times reported last month:

The bureau has overhauled mortgage lending rules, reined in abusive debt collectors, prosecuted hundreds of companies and extracted nearly $12 billion from businesses in the form of canceled debts and consumer refunds. In September, it exposed the extent of Wells Fargo’s creation of two million fraudulent customer accounts, igniting a scandal that provoked widespread outrage and toppled the company’s chief executive.

Minimum Wage:

Childhood Poverty:

Inequality:

The wealthy didn’t always take such a big share of the proverbial “pie.” In the 1970s, a decade generally seen as fairly prosperous, the top 1% of Americans earned just over 10% of all U.S. income (i.e. the “pie”).
Over time, the rich became more lucky — or more greedy. Today the top 1% take home more than 20% of all U.S. income.
As the wealthy earned more, someone else in America had to get less. The bottom 50% went from capturing over 20% of national income for much of the 1970s to earning barely 12% today.
The turning point started around 1980, as seen in the graph below. By the mid-1990s, the fortunes of the top 1% were clearly on the rise and those of the bottom half were declining rapidly.

It’s time for the bottom 50% to take back their fair share.

White Collar Crime:

Trade:

Labor:

Policy:

Healthcare:

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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 11/30/16

Good morning! We’ve decided to make “links” a daily feature.

The mainstream media has largely abdicated its duty to focus on news that really matters to the American people. During the presidential campaign, they devoted a remarkably small amount of time to the issues. Instead, we received wall to wall coverage on emails and tweets.

There’s a market for substance. Just ask Bernie Sanders, who packed large venues while speaking nothing but policy.

Each day, we will highlight stories about the quality of life in the Great Recession. Soon, we will also start including interviews with middle class and working class Americans about their experiences.

Worker’s Jobs and Wages:

Taxes:

White Collar Crime and Plutocracy:

Health Care:

  • What Obamacare-Hating Tom Price’s Appointment Will Mean for Health Care  Twenty million people gained coverage because of the Affordable Care Act. That includes people with preexisting conditions who couldn’t get coverage before. Trump is too smart to not anticipate the uprising that will occur if they don’t get a sufficient replacement. I will say this about Price: He’s one of the few politicians who talks about repealing Obamacare but also has real replacement plans.
  • Women Could Pay More Than Men for Health Care Under Trump The majority of the country will be extremely angry if they get fleeced under Trump’s health care. Women are aware that health care companies have been charging them too much. There’s no justification for the fact that “60 percent of best-selling individual plans in 2009 charged a 40-year-old nonsmoking woman more than a 40-year-old man who smoked, even in plans that didn’t include any type of maternity coverage.”
  • Trump Pledged to Protect Medicare. His Choice for Health Secretary Has Other Ideas. I understand why people are nervous about Prince. However, his appointment does not mean Trump won’t necessarily keep his promise.

Income Inequality:

The Populist Revolution:

Enjoy! Feel free to point me towards other great articles.