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inequality

President Trump Makes An Announcement On Coal From The White House's Oval Office

Thank Idiot, Greedy Republicans If You're Upset With $40 Trillion in US Debt

Somehow, many people talk about Republicans as the party of fiscal responsibility. That's insane.

Dean Baker
Aug 21, 2026

I have never been a deficit hawk, and I’m not about to change my religious affiliation now. But whatever we think of debt and deficits, there is one point that should be very clear: it has been run up almost entirely due to Republican tax cuts and their inept management of the economy.

Every Democratic president of the last half century has left with a deficit that was lower, measured as a share of GDP, than the one they came in with, except Obama, who left it unchanged. By contrast, every Republican president has left with a considerably higher deficit than what they inherited.

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Opinion
deficit
President Trump Signs His "Big, Beautiful Bill" Into Law And Celebrates Independence Day At The White House

$40 Trillion in US Debt and the Rich and Powerful Are Laughing

Keep following the money and you'll see where it leads: into the pockets of the wealthy.

Robert Reich
Aug 20, 2026

The U.S. national debt has officially surpassed $40 trillion, months earlier than forecasters had expected — because of billions of dollars in lost revenue from Trump’s invalidated tariffs, Trump’s tax cuts (mostly to big corporations and the very wealthy), and the soaring costs of Trump’s war.

Trump’s hair-brained treasury secretary, Scott Bessent, says there’s nothing to worry about because the fiscal trajectory will stabilize. Investors obviously don’t believe him because they’re demanding much higher compensation for buying and holding American bonds. The yield on 30-year U.S. Treasuries hit its highest level in nearly two decades this week, reflecting those growing concerns.

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Opinion
inequality
Bernie Sanders Continues His "Fighting Oligarchy" Tour In Detroit With Senate Candidate Abdul El-Sayed

It's Simple: Progressives Are Winning Because What They Support Is Extremely Popular

It’s time for the political establishment to stop telling the American people what they should believe and start listening to what they actually want.

Bernie Sanders
Aug 19, 2026

The media pundits have written article after article desperately trying to understand why progressive candidates, despite being heavily outspent, keep defeating establishment Democrats in primaries around the country. Well, the answer is not complicated.

Whether it is a corrupt campaign finance system, unprecedented income and wealth inequality, a broken and wildly expensive healthcare system, the enormous threats posed by AI or an immoral and destructive foreign policy, progressives are talking about the real issues facing working families. And they are providing real solutions. Establishment Democrats are not.

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Opinion
election 2026
Secretary Bessent Delivers Financial Stability Oversight Council's Annual Report

Scott Bessent Is Dead Wrong on the K-Shaped Economy—And I'm Right

An open letter to Trump's Treasury Secretary, whose economic analysis is, frankly... shite.

Robert Reich
Aug 17, 2026

Dear Scott (if I may).

I’ve argued that the K-shaped economy — a term used to describe growing inequality between high- and low-income households — can be seen in sales of McDonald’s burgers, whose lower- and middle-income customers fell by double digits in the first quarter of 2025 as they struggled with affordability.

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Opinion
inequality
Chicago PD Superintendent Eddie Johnson Holds News Conf. On Record Weekend Shootings

The Deplorable Extremism of the So-Called "Moderates"

The Democratic base is fed up with a system that gives inordinate power to the wealthy and to large corporations.

Norman Solomon
Aug 17, 2026

We’ve been hearing a lot of panicky warnings lately after Democratic primary voters chose socialists and other leftists instead of “moderates” in several major elections. The alarm bells got louder this month after Michigan’s progressive Senate candidate Abdul El-Sayed defeated Rep. Haley Stevens—who was, the New York Times reported, “the moderate establishment-backed candidate.”

The soothing “moderate” label routinely goes to candidates like Stevens who’ve supported continual arming of Israel. She “benefited from about $62 million in advertising spending from half a dozen outside groups,” the Times noted. “Over half of that sum came from the super PAC arm of the American Israel Public Affairs Committee, the country’s most influential pro-Israel group.”

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Opinion
democratic party
California Billionaire Tax Act

Billionaire Google Co-Founder Pumps $102 Million Into Fighting California Wealth Tax

"Sergey Brin would rather spend $100 million to fund a shady opposition campaign than simply pay his fair share in taxes so millions of Californians don’t lose their healthcare."

Jake Johnson
Aug 16, 2026

Google co-founder Sergey Brin, one of the richest men in the world, has spent more than $100 million backing a group seeking to stop a popular California ballot initiative that would impose a one-time tax on the wealth of the state's billionaires.

New filings reported by The Los Angeles Times detail Brin's role in funding Building a Better California, which is pushing two ballot measures that would undercut and potentially nullify the proposed billionaire wealth tax. Building a Better California is also spending directly against the proposed tax, pumping at least $5 million into "no" efforts.

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News
california billionaires tax
Donald Trump Watches SpaceX Launch Its Sixth Test Flight Of Starship Spacecraft

Busting CEO Pay Curve in 2025, Musk Made Annual Salary of Average Tesla Worker Every 4.2 Seconds

The AFL-CIO report also points out that "a majority of S&P 500 CEOs made more in one day than the median US worker made in one year."

Jessica Corbett
Aug 13, 2026

"Failed trillionaire" Elon Musk's $158 billion pay package at Tesla was so high that it "broke the CEO pay curve," as the nation's largest federation of labor unions underscored on Thursday in its annual report about chief executive pay.

"Including Musk, S&P 500 CEOs received $340.1 million on average in 2025, about a 1,700% increase over the previous year," explains the AFL-CIO's latest "Executive Paywatch" report. "Excluding Musk's Tesla pay package, the average CEO pay at S&P 500 companies increased 21%, from $18.9 million in 2024 to $22.8 million in 2025."

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News
ceo pay
Cockroach Janta Party Founder Abhijeet Dipke With Supporters Protest At Jantar Mantar In Delhi

India’s Cockroach Movement Shows How to Fight Autocracy and the Testocracy

How a leaked high-stakes exam exposed capitalism’s broken promise—and why standardized testing keeps igniting struggle.

Jesse Hagopian
Aug 07, 2026

They called them cockroaches.

It was meant to reduce them—to make millions of young people seem small enough to squish and contemptible enough that no one would mourn their extermination.

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Opinion
cockroach janta party
KENYA-CLIMATE-GREENPEACE

Noting ‘Trillions Within Reach,’ Campaigners Demand Justice at UN's Global Tax Treaty Talks

A Greenpeace representative urged governments to recognize the "once-in-a-generation opportunity to make those most responsible for the climate, nature, and inequality crises we are facing pay their share.”

Stephen Prager
Aug 04, 2026

As world governments meet at the United Nations for another round of negotiations on a first-of-its-kind "Global Tax Treaty," economic justice campaigners are urging them to think big or risk leaving on the table trillions of dollars that could help alleviate global inequality and the climate crisis.

The fifth round of negotiations for the treaty began in New York on Monday, with countries ironing out its language line by line as they seek a global framework to more fairly tax the rich and multinational corporations and crack down on tax avoidance.

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News
taxation
Spain Deploys Troops In Response To Border Breach In Ceuta

Scores Dead Trying to Reach Ceuta and Still the Wrong Questions

Once again, people have lost their lives at Europe’s border, and once again, the real question remains unanswered.

Rainer Ebert
Aug 04, 2026

Last week, at least 72 people died while attempting to reach the Spanish exclave of Ceuta from Morocco. Around 60,000 people made it into Ceuta, many of them by sea, others by climbing over border fences. Within just a few days, however, most of them had already returned to Morocco.

Both Morocco and Ceuta are located in Africa. But politically, Ceuta, like Melilla, belongs to Spain and therefore to the European Union. Europe’s response to the unprecedented influx into the exclave has been almost unanimous. What happened has been described as a “threat to Europe’s security.” Some have even called it an “attack” or an “invasion.” Europe’s external borders, we are told, must be better protected.

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Opinion
migration
See More

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