Paul Ryan’s ‘Embarrassing’ Career Ends With A Whimper

There was a time, not that many years ago, when Rep. Paul Ryan of Wisconsin symbolized the bright future of the Republican Party.

When he was chosen to be the vice presidential running mate of Mitt Romney in 2012 he was seen as a brilliant young Congressman who understand the details of the federal budget better than anyone else. It was also thought that he was forward thinking and could fashion a Republican legislative agenda that would stop the growth in the federal deficit while at the same time bringing prosperity to all Americans. read more

In Trump’s Economy, Americans’ Wage Growth Is Being Wiped Out By Inflation

According to the U.S. Department of Labor (DOL), American workers’ paychecks are worth less than they were a year ago.

Despite President Donald Trump boasting about how better off Americans are now, the truth is that for the first time in many years average Americans are losing ground. Economic growth has not meant more prosperity for the middle and working classes. Rising prices have erased U.S. workers’ meager wage gains. read more

The GOP Tax Scam Is Backfiring With Their Biggest Donors

Everybody knew the GOP tax scam passed last December was not needed.  The economy was doing just fine and didn’t need a stimulus.  The government deficits were already too large, and the U.S. needed more revenue, not less revenue from taxes.  And certainly the super-rich beneficiaries of the tax cut bill didn’t need any more money.  The concentration of wealth among the super-rich has never been greater in this country.  The rich were already getting richer, and didn’t need any more help from the government to feather their nests. read more