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Archive for the ‘Economics’ Category

Control of the rental-home industry by Wall Street began during the Great Recession, when many families lost their homes and had to move into rentals. As the foreclosure crisis deepened, Wall Street began snatching up homes for pennies on the dollar, and now real estate is the third-busiest industry for mergers in America.

Source: Perspectives: WSJ — Blackstone, Starwood to Merge Rental-Home Businesses in Bet to be America’s Biggest Home Landlord

 

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On Wednesday (August 2), US president Donald Trump’s White House rolled out the RAISE Act—an immigration bill noteworthy for its barely disguised roots in American racism.

Source: Perspectives: Donald Trump’s new immigration bill is his latest effort to reverse the arc of racial justice

 

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What are the 7 reasons why Trump’s and the Republican’s plan to cut corporate taxes is completely nuts?

Source: Perspectives: Robert Reich — Trump’s Corporate Tax Cuts (Video)

 

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“Trump’s “America First” economics is pure demagoguery. Xenophobic grandstanding doesn’t boost the competitiveness of American workers. Nor does it boost American-based companies.”

Source: Perspectives: ‘America First’ economic grandstanding doesn’t boost competitiveness in America, it boosts Trump

 

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“Trump’s “America First” economics is pure demagoguery. Xenophobic grandstanding doesn’t boost the competitiveness of American workers. Nor does it boost American-based companies.”

Source: Perspectives: White House planning ‘Made in America’ week (VIDEO)

 

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Unless we begin once again vigorously enforcing antitrust laws, a handful of companies will continue to amass incredible market power, competition will suffer, and cities will decline, — Robert Reich.

Source: Perspectives: Vox — Is Ronald Reagan to blame for the decline of St. Louis? Some experts think so

 

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The central pitch for the Trump administration’s proposed federal budget is that it will jump start economic growth. “A New Foundation for American Greatness,” as the budget revealed is being called, promises a spike in annual GDP growth over the next decade from less than 2 percent to 3 percent.

Source: Perspectives: Think Progress — Here’s where the White House got its insane growth projections

 

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