Relevant and even prescient commentary on news, politics and the economy.

Welfare Spending: Medicare vs Corporate/Business Subsidies (or does the GOP really support WalMart’s behavior in Bangladesh?)

by Linda Beale Welfare Spending: Medicare vs Corporate/Business Subsidies (or does the GOP really support WalMart’s behavior in Bangladesh?) As most readers know, the federal government is currently in what passes for negotiations between the President’s Democratic Party Senate and House members and the GOP members that control the House. The Tea Party and its […]

NYT: $80 Billion in State and Local Subsidies Annually (Updated)

by Kenneth Thomas NYT: $80 Billion in State and Local Subsidies Annually (Updated) In today’s New York Times, Louise Story begins a series, “The United States of Subsidies,” ten months in the making, with a story focusing on General Motors closures, the border war for investments between Kansas and Missouri in the Kansas City metropolitan […]

Corporations pushing for job-creation tax breaks shield U.S.-vs.-abroad hiring data

The Washington Post points us to a thought that needs to be included in public debate. (h/t Stormy) Corporations pushing for job-creation tax breaks shield U.S.-vs.-abroad hiring data Some of the country’s best-known multi­national corporations closely guard a number they don’t want anyone to know: the breakdown between their jobs here and abroad. So secretive […]