Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy
Economy / Other / Politics / Regulation

Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy

  Recent political proceedings on Capitol Hill regarding the reauthorization of the Export Import Bank have revealed a deficit in economic competence on the part of market fundamentalists who believe that the Ex-Im Bank should be shuttered. Founded in 1934 under the FDR administration, the Ex-Im bank has been one of the primary establishments within … Continue reading

Why Is The EU Running Off With Our Chianti And Parmesan?
Culture / Economy / Europe / Foreign Policy / Regulation

Why Is The EU Running Off With Our Chianti And Parmesan?

Ladies and gentlemen, our champagne and charcuterie are in danger. Bubbling to the forefront of the upcoming round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations is the controversial U.S. usage of regional European names for food and drinks manufactured by U.S. companies. Many EU members demand that U.S. wine, spirits and food companies … Continue reading

America Doesn’t Need Another Tax Hike
America / Economy / Fiscal policy / Tax / Taxes / U.S. Domestic Policy

America Doesn’t Need Another Tax Hike

Hillary Clinton is not the only feature of Washington that is “dead broke”: the Highway Trust Fund is set to run out of money by late August, and members of Congress are scrambling to find ways to raise revenue. One solution, proposed by Senators Chris Murphy (D-Conn.) and Bob Corker (R-Tenn.), is to raise the … Continue reading

Pay As You Earn: Not the Solution to Student Debt Crisis
America / Culture / Debt / Economy

Pay As You Earn: Not the Solution to Student Debt Crisis

President Obama’s expansion of the Pay As You Earn program for student loan payment while earning support still fails to fix the root of the student debt problem. The expansion allows for more people to become eligible for their student loan payments to be capped at 10 percent of their monthly income, which is based … Continue reading