Trump’s recent statement blaming immigrants for taking ‘Black jobs’ is not only racially charged but also grossly inaccurate. The term ‘Black jobs’ itself raises eyebrows and insinuates a segregation of the workforce based on race, which is archaic and unacceptable. As someone who believes in equality and meritocracy, such divisive language is disheartening to hear coming from the leader of a country as diverse as the United States.
The concept that immigrants are taking low-skill jobs from African Americans is a long-held argument that has been debunked by many economists. The truth is, employees do not ‘take jobs’ – they are hired and fired by employers based on a variety of factors.… Continue reading
As I sit here reflecting on the recent news of a judge halting further student loan forgiveness under a part of Biden’s debt relief plan, I can’t help but feel a deep sense of frustration and disappointment. This decision not only affects me personally, but it also impacts millions of individuals who are struggling under the weight of student loan debt. It is disheartening to see that those in power are more concerned with thwarting relief efforts than actually helping the American people.
The argument that forgiving student loans will burden working-class individuals with Ivy League debt is not only misleading but also completely misses the point.… Continue reading
When I think about the fact that corporations spent their Trump tax windfall on buybacks, it’s truly infuriating. The economic policy expert who addressed the Senate Budget Committee hit the nail on the head when they highlighted how these actions further enrich executives and wealthy shareholders while neglecting worker pay. It’s a stark reminder that corporations’ primary motivation is profit above all else.
The 2017 Trump-GOP tax law was passed with promises of bolstering the economy, creating jobs, and raising wages. Yet, as predicted by many, these windfalls were instead funneled into stock buybacks. This not only artificially inflates stock prices but also feeds into the pockets of executives and shareholders, leaving workers behind.… Continue reading
As an individual trying to navigate the complexities of the economy, it can be overwhelming to hear conflicting narratives about the state of the U.S. economic growth under President Biden. On one hand, there are reports and articles touting the success and prosperity of the current economy, painting a picture of unparalleled growth and stability that should make Americans proud. However, on the other hand, there are the stark realities faced by everyday people, struggling to make ends meet, dealing with rising costs of living, and feeling disconnected from the so-called economic boom.
It’s undeniable that the U.S. economy, under Biden’s leadership, has shown significant progress and resilience, especially in comparison to other countries grappling with the aftermath of the pandemic.… Continue reading
The current economic landscape in the United States is tumultuous, to say the least. While the technical definitions may indicate that we are not in a recession, the reality for the majority of Americans paints a very different picture. Prices are on the rise, wages are stagnant, and basic necessities like housing and groceries are becoming increasingly unaffordable. The disconnect between official economic indicators and the lived experiences of ordinary citizens is stark and concerning.
Corporate greed is at the heart of this issue. While the stock market may be thriving, it is evident that the benefits of this prosperity are not trickling down to the average person.… Continue reading
The Dow Jones Industrial Average has crossed the incredible milestone of 40,000 for the first time. This achievement is certainly impressive, but it raises many questions and concerns about the state of the economy and the well-being of the average American. As I look back on my own investing journey, starting almost a decade ago when the Dow was at 17,000, I remember how people were predicting a crash at that time. It seems that the fear of a market crash is a constant undercurrent in discussions about the stock market.
It’s concerning how the stock market is often used as the sole benchmark for the success of the economy.… Continue reading
As the news of G20 ministers proposing a minimum 2% wealth tax for the world’s billionaires circulates, it sparks a crucial conversation on the fairness of wealth distribution and tax obligations for the ultra-rich. The idea of taxing the wealthiest individuals may seem like a straightforward solution to address economic disparities, but the implementation of such policies presents a myriad of challenges and potential consequences that demand careful consideration.
One of the primary concerns raised is the possibility of billionaires relocating to countries with more favorable tax environments, leading to a loss of revenue for their home countries. The case of France serves as a cautionary tale, where the implementation of the wealth tax resulted in a significant exodus of millionaires, ultimately leading to a net outflow of wealth and a negative impact on the country’s economy.… Continue reading
to adapt” while the other group says “No, blame those people over there for your problems and vote for us”. It’s a classic tactic of deflecting blame and stoking division for political gain.
The resentment that many rural white Americans feel is real, but it has been misdirected and manipulated by politicians and conservative media outlets for decades. Instead of addressing the root causes of their economic struggles, they have been fed a steady diet of scapegoats and false promises. The closures of hospitals, the loss of manufacturing jobs, the opioid crisis – these are all complex issues that cannot be solved by blaming immigrants or liberals.… Continue reading
2023 was a devastating year in terms of the number of Americans who died by suicide. More than 50,000 individuals lost their lives, marking the highest number on record. This statistic hits close to home for me, as I personally experienced the loss of loved ones to suicide. The harsh reality is that the quality of life in our society is on a downward spiral, and as a result, suicide rates continue to increase. We are living in a time where most people are struggling to make ends meet, one medical emergency away from financial ruin. The combination of financial instability, a hyper individualistic culture, and a lack of community support creates a perfect storm for individuals to feel like they can’t go on.… Continue reading
It is high time we bid adieu to the failed economic concept known as trickle-down economics. In its essence, this theory posits that by enriching the wealthy, their prosperity will eventually “trickle down” to benefit the rest of society. However, as we have witnessed over the years, this approach has only served to widen the gap between the rich and the poor, leaving the majority of the population struggling while the top echelon continues to amass wealth.
The recent unveiling of President Biden’s populist budget signifies a bold step towards dismantling the legacy of trickle-down economics. By focusing on measures that seek to uplift the middle and working class, such as childcare subsidies, we are finally seeing a shift towards prioritizing the needs of the many over the few.… Continue reading
Matt Underwood 
John Q. Hosedrinker