Browsing the "economy" Tag

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After decimating small towns, Walmart is now leaving

By Jeremy Bloom For years, Walmart’s business plan has been simple: Come into small towns (often with tax breaks and subsidies), out-compete local businesses and drive them into the ground. But with profits falling, they’re now shutting down 269 stores and abandoning those communities – in many cases, leaving them with no grocery store and no […]

January 27th

Hillary Clinton rejects Trans-Pacific Partnership – pander or principle?

By Meteor Blades Some liberals expressed happy surprise Wednesday with Hillary Clinton’s announced opposition to the Trans-Pacific Partnership, which could make approval of TPP more difficult in a Congress where the majority of Democrats and some Republicans can be expected to oppose the agreement: “If Hillary Clinton, who worked on the Trans-Pacific Partnership as secretary […]

October 9th

Why Republicans will vote for Bernie Sanders

Thom Hartman thinks that Republicans will eventually vote for Bernie Sanders over Donald Trump. Yes, even Republicans. Hartman points to recent polling that shows that on basic economics, Sanders is talking the talk of mainstream America: Like Bernie, 75 percent of Americans poll support fair trade that “protects workers, the environment, and jobs.” 71 percent support giving […]

August 20th

James Howard Kunstler – The dreadful summer wind

by James Howard Kunstler The world is swiftly moving to the dangerous place where nations won’t be able to do business with each other because they don’t trust the institutions that control wealth, which includes central banks, commercial banks, and governments. It will happen when the purveyors of international commodities, oil especially, refuse to accept […]

August 5th