Over the past week, the White House has been completely overwhelmed by the Trump administration's mushrooming medley of Moscow outrages. But to what Vox labelled the "3 Trump-Russia Scandals"--potential Trump collusion with Russia against the Hillary Clinton campaign, possible Trump lies about Michael Flynn's outreach to the Putin government and purported kompromat Russian intelligence may […]
Category: Budget/Deficit
The truth, it is said, will set you free. Unless, that is, you are a Republican and the issue is the Congressional Budget Office (CBO). Republicans are foaming at the mouth at the nonpartisan agency's conclusion that the repeal of Obamacare will no replacement in place for the Affordable Care Act will lead to 32 […]
On March 23, 2010--the very day President Barack Obama signed the Affordable Care Act into low--then-Senate Minority Leader Mitch McConnell (R-KY) announced his party's objective would be to "repeal and replace" Obamacare. But now, almost 7 years later, McConnell and Congressional Republicans finding it extremely hard to do either. And soon the task for Majority […]
So far, the defining trait of the incoming Trump administration is its staffing with extremists dedicated to destroying the agencies they are supposed to head. Friday was no exception, as President-elect Trump made the latest addition to his Kamikaze Cabinet by selecting South Carolina Republican Congressman Mick Mulvaney to direct the Office of Management and […]
"Reagan," Vice President Dick Cheney said in 2002, "proved deficits don't matter." Unless, Cheney felt no need to mention, the occupant of the Oval Office is a Democrat. After all, Ronald Reagan had tripled the national debt in 8 short years and George W. Bush had nearly doubled it again by the time he ambled […]
In late 2007 and 2008, the United States and the global economy were devastated by the subprime crisis. That financial calamity was so named due to the hundreds of thousands of foreclosed upon homeowners who were unqualified for the loans they received from mortgage originators around the country. The disaster did not result from the […]
From the beginning of presidential campaign, Donald Trump has positioned himself as the posing populist. The man his friends and family tout as the "blue-collar billionaire," the real estate tycoon turned reality TV star proclaimed himself the "voice" of "the forgotten men and women of our country." In September, the supposed ally of average Americans […]
Throughout the Republican National Convention, Donald Trump's water carriers repeatedly praised the pretend populist as a "blue-collar billionaire." Given his inherited wealth and decades-long record of scorched-earth business practices, that title was always comical on its face. But there's nothing funny about the payday for plutocrats Trump has in mind if elected President. His gargantuan […]
From the beginning of his unlikely quest for the 2016 Republican presidential nomination, Donald Trump has enjoyed the strong backing of those GOP voters who say they want a successful businessman in the White House. After only his outsider status, Gallup polling showed earlier this year, backers of the real estate mogul turned reality TV […]
GOP presidential frontrunner Donald Trump mystified economists with his prediction this week that the United States faces a "major recession." Their confusion is well-founded. After all, with unemployment at 5.0 percent and the job-seekers returning to the work force, the U.S. just turned in its best two-year performance since the booming 1990's. That said, there […]