Richard Eskow

Articles by this author

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Monday, August 29, 2016 - 10:45am
The “People’s Fed” and the Oracles of Jackson Hole
When William Greider wrote his 1989 book about the Federal Reserve, it’s not hard to understand why he called it “ Secrets of the Temple .” The Fed’s proclamations can make it seem as mysterious as the Oracle of Delphi. (To be fair, nobody has speculated that hallucinogens are involved, as seems to...
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Friday, August 12, 2016 - 10:15am
The Fiscal Myth That’s Killing The Economy, In 7 Steps
A new economic working paper reinforces an important reality: We need more government spending to repair the economy for millions of working Americans. Unfortunately, our political debate is being held back by an economic myth – one that has yet to be challenged in political debate, despite an ever...
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Tuesday, August 9, 2016 - 11:00am
The Incredible Shrinking Populist: Donald Trump’s Tiny Economic Vision
On Monday, Donald Trump talked about the economy on television for an hour. That may have exceeded the graduate-level curriculum at Trump University. But the biggest lesson I learned is that Trump contradicts himself more, and becomes more typically Republican, with every passing day. It’s rare to...
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Monday, August 8, 2016 - 11:00am
American Greed: Trump’s Economic Team Is a Who’s Who of What’s Wrong
“I hear America singing,” Walt Whitman wrote, “the varied carols I hear.” Donald Trump hears America singing, too. But where Whitman heard men and women, masons and carpenters, Trump hears only the unvarying monotone of rich white males like himself. Trump’s tone-deafness was in full effect last...
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Saturday, August 6, 2016 - 10:45am
As Republicans Defect, Will Clinton Be Tempted To Tack Right?
The sense of panic among elite Republicans is palpable. They’re beginning to understand that when they look at Donald Trump they’re staring into the orange-hued face of their party’s potential demise. The GOP defections to Team Hillary were already well underway by the time of last week’s...
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Friday, July 22, 2016 - 9:45am
Trump’s Terrifying Pitch: It Was Better Than You Think
The Gettysburg address, it wasn’t. Donald Trump’s acceptance speech clocked in at one hour and 15 minutes, and that’s not counting the time dilation effect demagoguery can produce in some observers. Lincoln’s speech lasted less than two minutes. A columnist in the New York Post said that Trump gave...
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Wednesday, July 20, 2016 - 10:45am
Clinton Must Go Bold – and Go Left – For VP
Word is that Democratic presidential candidate Hillary Clinton will announce her vice presidential choice on Friday , and rumors that she’s going with a “safe” pick should worry Democrats. In this political climate, a search for “safety” could put her candidacy in serious danger. Change vs. the...
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Monday, July 18, 2016 - 12:45pm
Trump 2016: The Three Shadows Haunting Cleveland
When Donald Trump’s Republican Party convenes in Cleveland, three shadows will haunt the arena. They won’t talk about these shadows on television, but if you look closely you’re sure to see them. The first shadow is that of the extremist Republican right. Since the infamous Lewis Powell memo of...
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Monday, July 11, 2016 - 8:15am
Don’t Stop the Revolution: The Sanders Movement After Orlando
Bernie Sanders’ “political revolution” scored some impressive wins this weekend at the Democratic Party Platform Committee meeting in Orlando, adding to its victories last month in St. Louis. ABC News called the resulting document “ exceptionally progressive .” Apparently Sanders had more leverage...
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Wednesday, July 6, 2016 - 1:15pm
Inequality’s Getting Worse. How Do We End This?
On July 1, at the start of the Independence Day weekend, we learned that income inequality in this country became even worse last year. Economic inequality produces scars that last a lifetime – and even longer. That’s one reason why President Obama said in 2013 that “increasing inequality …...
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