Trump is sending the green transition into hyperdrive with his war on Iran deanbaker22.substack.com/p/trump-hits...
Posts by Algernon Austin
Look at this chart.
Tax cuts for the rich are a policy choice. Cutting the social safety net in exchange for them is a policy choice.
States like New York have an opportunity to help undo this trickle down nonsense by raising taxes on the rich (who will still be rich).
I hope Gov. Hochul does.
The @workingfamilies.org Guarantee has a lot of overlap with @ceprdc.bsky.social 's Majority Agenda. Compare for yourself: workingfamilies.org/guarantee/
Union membership has been cut in half since 1983. Not because workers stopped caring, but because the rules were rewritten against them.
68% of Americans still support unions. The will is there. The policies are not. @hcbrown.bsky.social in #MajorityAgenda #Econsky https://bit.ly/4tZ2OyO
Tesla saved $400 million on its federal taxes by shifting billions of its U.S. profits to countries with lower tax rates.
Yes: While you paid your taxes in full, giant corporations maneuvered to pay as little as possible — and it’s all perfectly legal for them.
The system is rigged.
here it be truthout.org/articles/an-...
NYT Editorial: "Mr. Magyar’s victory highlights the Democratic Party’s need to develop an ambitious agenda that goes far beyond criticizing Mr. Trump... Democrats do not yet have that agenda, but many in the party recognize that they need one." cepr.net/publications...
Trump Republicans cut IRS funding after it finally started going after rich tax cheats. The division that audits billionaires is being pushed to cut 38% of its staff. #HappyTaxDay for the Tax Cheats of America. More from @a-austin.bsky.social : https://bit.ly/4tHsnnY
#EconSky #Economics
The US loses about $700 BILLION a year to tax evasion. Nearly 30% of unpaid taxes are from the richest 1%, and half from the top 5%. When Republicans defund the IRS, they are protecting the interests of the wealthy, not you. https://bit.ly/4tHsnnY ..
More from @a-austin.bsky.social :
"A targeted, large-scale subsidized employment program or a universal federal jobs guarantee would significantly increase the number of people working. The Workforce Promotion & Access Act & the Federal Jobs Guarantee Act are good starting points." @a-austin.bsky.social
cepr.net/publications...
The MAJORITY of Americans support many progressive economic policies. @ceprdc.bsky.social has complied them in the publication "The Majority Agenda." Politicians, advocates, and activists, take note: cepr.net/publications...
Supercharging inequality: Trump accounts could mean $150,000 for a child in a wealthy family and $2,500 for a child in a low-income family. www.chicagobusiness.com/elevate/ccb-...
Trump's friend, Orban, lost by such a huge margin that Trump didn't even try to claim fraud cepr.net/publications...
This is a huge deal. https://robertreich.substack.com/p/goodbye-viktor
New CEPR data: Union membership in the US fell from 18% to 10% since 1985—nearly cut in half. Every state but VT saw declines.
Trump is accelerating the attack on workers, but this 40-year erosion started long before him. More from @hcbrown.bsky.social: https://bit.ly/4rmZKL5
When grifters run the government, everyday Americans suffer while footing the bill.
People living in the US need cost-of-living relief—not—more war.
🧵NEW DATA: The bottom 80% of American households are getting poorer. It's not just people in poverty falling behind. @a-austin.bsky.social looks into 50 years of data explaining why so many families feel squeezed. cepr.net/publications/reduce-ineq...
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#JobsDay Preview 🧵 @deanbaker13.bsky.social on what to expect from Friday's March employment report. The short version: the job market was already losing steam before the Iran war, and March is almost certain to look worse. Here is what the data is showing: https://bit.ly/4bKWVis
"The only method to counteract AI bias is the same one we use to counteract human bias: strong and effective diversity, equity, and inclusion policies." www.detroitnews.com/story/opinio...
Dr. Maria Stephan: I am so blown away! Not only are we heading into what will be the largest single day demonstration in US history, but each No Kings has gotten bigger and it's spread to more towns and communities across the country.
When our military is fighting a war Americans don't want, secret police are kidnapping and killing our neighbors, and the regime is working overtime to suppress the vote in the midterm elections, silence isn't an option. No Kings Day on March 28 has to be big, loud, and inescapable.
Please join us.
Millionaires start hitting their Social Security cap today, while the rest of us pay all year, that's not just unfair—it undermines what the program is built on: collective care. This is why we need to #ScrapTheCap.
bit.ly/4rjgSkO
No more WOKE healthcare. First we are going to bring back measles, then we are going to bring back AIDS, then . . . . After, we bring back all the diseases, we will be great again. www.nytimes.com/2026/03/02/h...
I told everyone it was not a good idea to elect Netanyahu as president of the United States.
did a little back of the envelope math for how much all this shit is costing. on the order of $1-2 billion per day just in direct spending, maybe 10 times that much in indirect effects
Do “Soft Skills” Explain Low Black Male Employment Rates? "Pursuing soft skills is therefore a lose-lose option for less-educated young Black men; they are not likely to increase their employment nor their wages." cepr.net/publications...
" the prospect of right-wing billionaires completely controlling the news networks is pretty horrible....My route to counter this trend is an individual voucher or tax credit that would give each person a sum, say $100, to support the news outlet of their choice." cepr.net/publications...