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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    us economy

    President Trump Meets With AI Executives At White House

    Disastrous Sign for GOP as Polls Show Independent Revolt Against Trump Economy

    One new survey shows that nearly two-thirds of independents believe the US economy is heading in the wrong direction—up from 48% before President Donald Trump took office.

    Jake Johnson
    Oct 15, 2026

    Polling data released Thursday shows that key segments of the American electorate—particularly independents and rural voters—are increasingly disaffected by President Donald Trump's stewardship of the US economy as inflation accelerates, real wages fall, and the historically unpopular war with Iran continues with no end in sight, spelling a potential midterm disaster for the Republican Party.

    A Harris poll conducted for The Guardian shows that nearly two-thirds of independents believe the US economy is heading in the wrong direction—up from 48% in September 2024, before President Donald Trump won reelection to his second White House term.

    Keep ReadingShow Less
    News
    election 2026
    Trump holds up a report on his tariffs.

    Trump Said He Wanted His Tariffs to End the 'Rip-Off'; It Hasn't Worked Out That Way

    The August level of $132.6 billion is the second-highest trade deficit on record, topped only by last year’s March deficit.

    Dean Baker
    Oct 04, 2026

    It’s been almost a year and a half since “Liberation Day,” the day that President Donald Trump announced his “reciprocal” tariffs, slapping tariffs on imports from our trading partners to punish them for selling us stuff. Ostensibly, the goal of the tariffs was to eliminate, or at least reduce, our trade deficit.

    Trump seems to believe that we are being ripped off if we buy more goods from a country than we sell to them. There can be problems caused by a large trade deficit, especially one that is rapidly growing, as was the case in the first decade of this century. But it doesn’t make sense to claim a country is ripping us off by selling us stuff.

    Keep ReadingShow Less
    Opinion
    tariffs
    Neither Party represents the working Class, political poster on Street, Queens, New York

    Working People Must Recognize the Reform Limits of Our Economic Model

    Our business model results in chronic exploitation, deprivation, and immiseration that cannot be eliminated by reform; the organization, production, and distribution of goods and services must be transformed into a democratic model.

    Bruce T. Boccardy
    Sep 07, 2026

    Last March, I wrote an essay providing evidence of the inherent exploitation and undemocratic constructs in our economic model burdening working people.

    This essay compliments that work and will show a fundamental reason why our economic model is structurally limited by attempts to reform it.

    Keep ReadingShow Less
    Opinion
    working class
    Trump meets with Merz in Oval Office.

    Trump Is Trying to Shoot His Way Out of US Decline—It Won't Work

    The president wants a 50% increase over last year’s Pentagon budget, to $1.5 trillion; a wiser policy would be to rethink how the US is to co-exist with other nations in what is emerging as a multipolar world.

    Robert Freeman
    Jun 08, 2026

    The US empire is in decline. Compare it today to where it was only 30 years ago, following the collapse of the Soviet Union. It was a “hyperpower,” then, almost inconceivably dominant with no challengers on Earth.

    Since then, China has surpassed the US economically. Russia is rated No.1 militarily. The US has to borrow close to $2+ trillion per year (the annual federal budget deficit) just to keep the lights on. Its government based on checks and balances is under assault by a sleazy felon who wants to be king. It is wracked by social divisions that presage civil war.

    Keep ReadingShow Less
    Opinion
    donald trump
    Still from video of Trump in a fighter plane wearing a crown.

    Can We Stop Donald Trump From Crashing Air America?

    Having hijacked American democracy, Trump and his cronies are under the impression that they are flying ever upward, but they have not been blessed with a good sense of direction.

    John Feffer
    May 20, 2026

    Ever since North Korea suffered through the death of its first leader in 1994, a loss magnified by an economic collapse and a devastating famine, outside observers have likened the country to an airplane experiencing a serious malfunction. The major question they posed: In the end, would North Korea experience a soft landing or a catastrophic crash?

    Perhaps a reformer would come along—say, a North Korean version of Soviet leader Mikhail Gorbachev—who could right the airship of state and guide it toward the runway of reunification with South Korea.

    Keep ReadingShow Less
    Opinion
    donald trump
    ​A person stands at the edge of a cliff looking over.

    The 2026 Energy Crisis and Our Wile E. Coyote Moment

    Given that oil is a depleting, polluting, non-renewable resource, industrial society is due for a reckoning at some point. Will Trump's Iran War finally force us to look down?

    Richard Heinberg
    May 03, 2026

    Pop culture has long memorialized the Warner Brothers cartoon gag in which Wile E. Coyote, lured by his nemesis the Roadrunner, races off a cliff. Instead of immediately falling, Coyote keeps running, then looks down and realizes there’s nothing beneath him but empty space. His expression turns from anger to panic, whereupon he plummets. Coyote’s belated moment of realization is a trendy metaphor for our response to inevitable, though not yet fully realized, consequences of foolish behavior.

    For the past couple of decades, we at Post Carbon Institute have been pointing out that energy is the basis of the economy, that oil is our foremost energy source, and that a transition to alternative energy sources will necessarily be slow and incomplete. Given that oil is a depleting, polluting, non-renewable resource, industrial society is due for a reckoning at some point. We are all in an extended Wile E. Coyote moment.

    Keep ReadingShow Less
    Opinion
    Iran War
    Caring

    America Runs on Care Work, and I’m Tired of Pretending Otherwise

    The labor that sustains human life gets pushed to the margins, while the labor that scales software gets paraded on magazine covers.

    Neal K. Shah
    Mar 08, 2026

    A few days ago, I stared at a federal bar chart on my laptop and felt my stomach drop. I started asking people a party-trick question: What’s the biggest occupation in America? Almost everyone guessed something visible: teachers, retail, fast food, office work. That’s what our culture trains us to notice.

    Then I pulled up the Bureau of Labor Statistics’ (BLS) “largest occupations” data, and the answer was sitting there in plain English: Home Health and Personal Care Aides, 3,988,140 people.

    Keep ReadingShow Less
    Opinion
    care economy
    President Trump Gives State Of The Union Address

    I'm Boycotting Trump's State of the Union and So Should You

    If he doesn’t believe he’s my president, why should I treat him as my president and watch his State of the Union?

    Robert Reich
    Feb 23, 2026

    I’m not going to watch the State of the Union address Tuesday night. I urge you not to, either.

    I hope Nielsen (or whoever makes such estimates these days) will find that far fewer Americans watched President Donald Trump’s State of the Union than have watched any other State of the Union in recent memory. It will drive Trump nuts.

    Keep ReadingShow Less
    Opinion
    state of the union
    Federal Reserve Chair Jerome Powell

    Watchdog Says the Fed, Not Inflation, Is Now the 'Biggest Threat' to the US Economy

    "The Fed's continued high interest rates saddle people with debt, lock them out of the housing market, and threaten their jobs," said Rakeen Mabud of the Groundwork Collaborative.

    Jake Johnson
    Aug 14, 2024

    The top economist at a progressive watchdog organization said Wednesday that the Federal Reserve has supplanted inflation as the greatest danger to the U.S. economy after new data from the Bureau of Labor Statistics showed that the Consumer Price Index fell below 3% last month—the first time it has done so since 2021.

    "Inflation is no longer the biggest threat to the economy, the Fed is," said Groundwork Collaborative chief economist Rakeen Mabud, citing the central bank's persistent refusal to cut interest rates in the face of glaring warning signs throughout the U.S. economy, from the worsening housing crisis to slowing job growth. Housing costs accounted for "nearly 90% of the monthly increase" in consumer prices, according to the Bureau of Labor Statistics.

    Keep ReadingShow Less
    News
    federal reserve
    Joe Biden

    US Economy Performs Far Better Under Democrats Than Republicans: Study

    Democrats have handled the economy better than Republicans since at least 1949.

    Thor Benson
    Apr 02, 2024

    A study published by the Economic Policy Institute on Tuesday finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge.

    The study looked at GDP growth, job growth, inflation-adjusted wage growth, the unemployment rate, and more. It found that Democrats have had an economic advantage since at least 1949.

    Keep ReadingShow Less
    News
    income inequality
    See More

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    'This Is So Appalling': Barack Obama Delivers Blistering Rebuke of Trump's Ilhan Omar Deportation Plot

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    ‘Billionaires Aren’t Compatible With Democracy’: Elon Musk Tries to Boost Ken Paxton With $158 Million Donation

    'A Devastating Day for Oregon': Suspect Dead, Kids Among Victims in Elementary School Shooting

    'Power Lies at the Hands of the People': Thousands of No Kings Events Rally Voters for 2026 Midterms

    Israeli Strike Burns Gaza Mother Alive in Front of Toddler, 'Without Generating Any Headlines'

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