Truthdig: Drilling Beneath the Headlines

June 28, 2017 Disclaimer: Please read.
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Tag: Income Inequality

The Republicans’ Secret Health Care Bill


If enacted, it would be the largest single transfer of wealth to the rich from the middle class and poor in American history.

Posted on Jun 26, 2017 READ MORE
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Russell Brand: London’s Grenfell Tower Fire Is ‘Terrorism’ of a Different Kind (Video)

Referring to the politics involved in the fiery destruction, the “Trews” host says, “Austerity is not frugality, it is brutality. It is violence.”

Posted on Jun 19, 2017 WATCH & LISTEN

Inspired by Jeremy Corbyn, Matt Taibbi Bids ‘Goodbye and Good Riddance’ to Centrism


If the media treated “disaffected voters like the overwhelming majority they are,” the journalist writes about the recent election gains made by the U.K.’s Labour Party leader (pictured), “we might at least stop face-planting on our election predictions.”

Posted on Jun 15, 2017 READ MORE

With Each Cigarette Puff, the Socioeconomic Gap Between Smokers and Nonsmokers Widens


As inequality in America continues expanding by many measures, smoking is a growing aspect of that divide that is a matter of life and death.

Posted on Jun 14, 2017 READ MORE

Now 5 Men Own Almost as Much Wealth as Half the World’s Population


While Americans fixate on Donald Trump, the superrich are absconding with our wealth. (Pictured: Facebook CEO Mark Zuckerberg.)

Posted on Jun 13, 2017 READ MORE

Crazy Stuff









Posted on May 28, 2017 ENLARGE

Poor and Rich









Posted on May 17, 2017 ENLARGE

Noam Chomsky Looks at How the System Is Rigged to Ensure That Corporations Always Win


The philosopher’s new book, “Requiem for the American Dream: The Ten Principles of Concentration of Wealth and Power,” is a primer in his analysis of the faults of the American political and economic system.

Posted on May 17, 2017 READ MORE

Yes, Sweden Is a Paradise Lost—but Not Because of Immigration


In a whirlwind of rumors, Sweden has come to occupy a central role, cast as the innocent, naive, white country in the North that has collapsed because of its own goodness.

Posted on Apr 20, 2017 READ MORE

An Example of Capitalism Literally Milking the Poor


A writer-activist fighting to end abuse of women explores the breast-milk trade in Cambodia.

Posted on Apr 19, 2017 READ MORE

Tax Day March Highlights Income Inequality (Multimedia)

Thousands across the nation rallied Saturday to demand the release of President Trump’s tax returns and protest economic and tax injustice.

Posted on Apr 15, 2017 WATCH & LISTEN

Many Reasons to March Against Tax Injustice


There are two Americas: one that pays taxes for the public good and one that works hard to pay as little tax as possible. It’s clear which one President Trump serves.

Posted on Apr 13, 2017 READ MORE

The Party Is Over









Posted on Apr 6, 2017 ENLARGE    

A Nation of the Walking Dead


Donald Trump mastered the techniques of turning desperate gamblers at his casinos into zombies, techniques he used to become president.

Posted on Apr 2, 2017 READ MORE

We Have No Choice but to Resist Trump and the GOP With All Our Might


In just over two months, the Trump administration and its political and financial support system have given Americans cause for concern—but the situation is not beyond hope.

Posted on Mar 31, 2017 READ MORE

The Dirty Secrets of the Global Hair Trade


Supplying the rich with hair from poor women and children is not “meeting a need” but creating a demand.

Posted on Mar 22, 2017 READ MORE

My First Visit to Washington Since Donald Trump Took Office


When I told people that the president’s rise is a result of declining incomes, a sense that the game is rigged and the failure of Washington to reverse these trends, I got blank stares.

Posted on Mar 21, 2017 READ MORE

A Last Chance for Resistance


Unless we act now, Americans will remember 2017 as the year their naive belief in the recovery of democracy died under the heel of despotism.

Posted on Mar 19, 2017 READ MORE

John Oliver: GOP Health Plan Is a Scheme to Take Money From the Poor and Give It to the Rich

The “Last Week Tonight” host makes the deviousness of the proposed American Health Care Act glaringly obvious.

Posted on Mar 13, 2017 WATCH & LISTEN

Chris Hedges and Poet Linh Dinh on the ‘Irrevocable Decline of the American Empire’ (Video)


The U.S. is a poor country, and Americans “refuse to see that,” Dinh (pictured on right) argues in a conversation with the Truthdig columnist during a new episode of “On Contact.”

Posted on Mar 13, 2017 READ MORE

The Elites Won’t Save Us


The danger we face does not come, in the end, from Trump and his malignant cabal. It comes from severely weakened and corrupted democratic institutions.

Posted on Feb 12, 2017 READ MORE

Former Republican Officials Are Proposing a Carbon Tax—and It’s a Good Idea


A GOP-conceived tax is win-win: less carbon in the atmosphere and more equal distribution of income.

Posted on Feb 12, 2017 READ MORE

Is the Rise of Donald Trump Obama’s Legacy? (Video)

Paul Jay of The Real News asks Truthdig contributor Paul Street if President Obama is a true progressive and whether his policies “helped set the table for the emergence of a Trump.”

Posted on Jan 10, 2017 WATCH & LISTEN

Best of Truthdig’s Book Reviews 2016: Top Reads, From Economics to Politics and Even Genetics


In a year of many upheavals, it’s no surprise that books on income inequality, political protest and global warming would wind up on our top 10 literary list of the past year. But there’s also room for a little comedy and some ancient history among the picks.

Posted on Dec 26, 2016 READ MORE

‘The Young Turks’: Trump’s Election Puts $36,000 Into Pockets of Every U.S. Millionaire (Video)

On the online news show, Cenk Uygur, John Iadarola and Jimmy Dore break down the reasons Republicans want to ax President Obama’s Affordable Care Act.

Posted on Dec 15, 2016 WATCH & LISTEN

The Mafia State


The greed of the 1 percent and their dismantling of good governance have given rise to a criminal economy and criminal state embodied in the presidency of Donald J. Trump.

Posted on Dec 4, 2016 READ MORE

Donald Trump Simply Too Dangerous ‘to Sit This One Out,’ Sanders Says


“I’ve got seven grandchildren. I’ve got four kids. I worry about the future of this planet. I’m not sitting it out. And I hope that my fellow Americans will not sit it out,” the Vermont senator told voters over the weekend.

Posted on Nov 7, 2016 READ MORE

What the Narcissists Have Done to Our Jobs and Health


Many of the super wealthy move further to the political right, care less about the feelings and needs of others, and become anti-social, less generous with their money and less willing to support the economic needs of all members of society.

Posted on Oct 19, 2016 READ MORE

White Blindness and Denial Characterize U.S. Racial Attitudes at the End of the Obama Era


America remains separate and divided. Despite having a black president for two terms, deep racism thrives in our country.

Posted on Oct 12, 2016 READ MORE

Wage Gap Between Black and White Americans Is at a 40-Year High


On average, whites make 26.7 percent more than blacks, earning $25.22 an hour, compared with $18.49 for blacks.

Posted on Sep 20, 2016 READ MORE

Think Incomes Are Rising? Not So Fast, Says Economist Richard Wolff

Despite a recent upbeat report on wages from the U.S. Census Bureau, the fact is that incomes are in real decline—and no mechanisms have been put in place to prevent another crash, Wolff says.

Posted on Sep 19, 2016 WATCH & LISTEN

Live at Truthdig: How Can We Fix the Disconnect Between Our Workers and Our Political System?

The Truthdig team sat down with special guest Bill Boyarsky on Thursday to discuss income inequality as an issue in this contentious election season.

Posted on Sep 8, 2016 WATCH & LISTEN

Taxpayers Are Subsidizing Bonuses for Wall Street CEOs


A little-known section of the U.S. tax code “created a legal process by which publicly held companies can lower their tax bills by boosting CEO pay,” reports George Zornick at The Nation. (Pictured: John Stumpf, Wells Fargo chairman and CEO.)

Posted on Sep 5, 2016 READ MORE

A Labor Day Parade for Hillary Clinton and the 0.1 Percent in the Hamptons


The illustration above provides a frame for the scene in the Hamptons during the lead-up to the holiday weekend, with Democratic presidential nominee Hillary Clinton holding court at a series of big-ticket fundraising events in tony seaside towns.

Posted on Sep 4, 2016 READ MORE

The Decline in Union Membership Is Hurting All of Us


A new report says that “rebuilding our system of collective bargaining is an important tool available for fueling wage growth and ending the era of persistent wage stagnation.”

Posted on Aug 30, 2016 READ MORE

Pope Francis: Capitalism Is ‘Terrorism Against All of Humanity’


The pontiff argues that the modern economy’s worship of the “god of money” leads to disenfranchisement and extremism.

Posted on Aug 2, 2016 READ MORE

Truthdigger of the Week: Jaime Prater, Starbucks Barista Who Got Workers a Raise


By pulling a little more compensation out of his employer for himself and his colleagues via a petition, Prater showed that deliberate, collective action still can help working people.

Posted on Jul 16, 2016 READ MORE

Politicon 2016: Donald Trump Surrogates Carry Off Bernie Sanders’ Message About Income Inequality

Like certain other politicians this election season, conservative commentator and author Ann Coulter appears to have come down with a bout of sudden-onset populism.

Posted on Jun 25, 2016 WATCH & LISTEN

Lock Up the Men, Evict the Women and Children


Part of the daily reality of poverty in America, evictions—along with mass incarceration—are the mechanisms used to destroy communities and profit from the misery of the poor.

Posted on May 29, 2016 READ MORE

Armed with Policy Solutions and Populist Rage, Campaign Vows to ‘Take on Wall Street’


“We are going to make this an issue in congressional races. No one will be able to run from this.”

Posted on May 24, 2016 READ MORE

Comments of the Week: On American Exceptionalism, Malcolm X and That Infamous Las Vegas Convention


Truthdig presents a handful of comments our editors spotted this week, in the interest of making the posting process a two-way street, keeping lively conversations going, and taking note of readers’ ideas and reactions. 

Posted on May 22, 2016 READ MORE

American CEOs Make 335 Times More Than Their Workers


And Verizon’s CEO makes even more than that.

Posted on May 19, 2016 READ MORE

Comments of the Week: Inaugural Edition


Since Truthdig’s launch just over a decade ago, our staff has always considered our comment community to be an integral part of the site.

Posted on May 15, 2016 READ MORE

Welcome to 1984


The façade of democracy and the disempowerment of the citizenry by corporations has sparked a nationwide revolt. Elites, fearing unrest, will soon become ruthless. We must engage now in acts of sustained civic mobilization and civil disobedience or be crushed.

Posted on May 14, 2016 READ MORE

Middle- and Lower-Income U.S. Households Losing Ground, Report Says


Poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014, and middle-class incomes fell too, according to new research.

Posted on May 12, 2016 READ MORE

Naomi Klein: Radical Solutions the Proper Response to ‘Unyielding Science-Based Deadline’ (Video)

By Common Dreams staff

Climate crisis, argues the author and activist, “might just be the catalyst we need to knit together the great many powerful movements bound together by the inherent worth and value of all people.”

Posted on May 11, 2016 WATCH & LISTEN

The Top 25 Hedge Fund Managers Earned $13 Billion in 2015


As many companies lost billions or closed, Kenneth Griffin and James Simons made $1.7 billion each—more than some nations.

Posted on May 11, 2016 READ MORE

Over 10 Years Later, George Carlin’s Comments on the American System Are as Haunting as Ever (Video)

In this stand-up routine from 2005, the late comedian and social critic explains the way our country works and why most politicians make little impact.

Posted on May 3, 2016 WATCH & LISTEN

Why the Racial Wealth Gap Is Widening—and Some Steps to Reverse It (Video)

By Robert Reich

Unless you earn enough to be able to begin to accumulate wealth, you can’t get ahead. That’s why kids from low-income families start out in life at a huge disadvantage—especially children of color.

Posted on May 2, 2016 WATCH & LISTEN

Hillary Clinton Camp Says She’s Been Forced to the Left Enough Already


Clinton ally tells The Hill, “I don’t know what’s left to extract.”

Posted on Apr 29, 2016 READ MORE

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