Tag Archives: budget deficit

Largest trade imbalance in nine years, biggest stock market drop in a decade, government set to borrow nearly $1 trillion… Is this the “tidal wave” of good economic news Trump was talking about?

As I took last night off, there’s a lot that we could talk about today. We could talk about he fact that our president, standing before a terrifyingly representative sample of what’s left of his base announced that those who refuse to applaud him are “un-American” and likely “treasonous”. Or we could talk about the […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 217 Comments

Republicans after adding over $1 trillion to our national debt to fund tax give-aways to the rich, say they can’t find $8 billion to extend health care for 8.9 million children living in poverty

While sold to the American people as a “middle class tax cut” that wouldn’t help the super-rich like Donald Trump, the tax reform legislation just passed by the Republicans is, in fact, a windfall for the rich that does considerably less for American’s middle class than the Obama stimulus package of 2009 did. Had the […]

Posted in Corporate Crime, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

In a last ditch effort to satisfy their donors, Republicans attempt to kill the ACA and transfer billions of dollars to America’s super-rich by calling it a “middle class tax cut”

Remember how, this past summer, we all came together, fought like hell, and killed the Republican health care plan that would have robbed some 22 million Americans of their coverage? Well, it looks like it’s time for us to get back in fighting shape, as the Republicans seem hellbent on pushing legislation through Congress before […]

Posted in Corporate Crime, Health, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 29 Comments

White people, seeing Emergency Managers in their future, begin to demand change

The Detroit Free Press, in an editorial yesterday, suggested that maybe, now that predominantly white cities, like Allen Park, are beginning to stagger toward financial collapse, and state takeover, our elected officials in Lansing might be willing to look at the underlying structural issues which are pushing our communities, one after the other, toward catastrophic […]

Posted in Economics, Michigan, Politics | Also tagged , , , , , , , , , , , , , , , , | 111 Comments

Mayor Paul Schreiber on Ypsilanti’s budget options

Continuing our discussion of a few days ago about Ypsilanti’s dire financial circumstances, I thought that I’d share this op-ed from today’s AnnArbor.com, in which our Mayor lays out the options before us as he sees them. The city of Ypsilanti is at a fiscal crossroads and must replace lost tax revenues to survive. Falling […]

Posted in Ypsilanti | Also tagged , , , , , , , , , , , , , , , | 34 Comments

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