Sen. Elizabeth Warren came out with a blog post about protecting American workers that reads similarly to changes President Donald Trump has tried to implement. Warren and Trump have similar concerns and they both outline a plan of action that aims to tackle the issues. The Daily Caller News Foundation spoke to experts about the similarities and differences regarding Warren and Trump’s policies. Democratic Massachusetts Sen. Elizabeth Warren struck a Trumpian chord in her blog post Tuesday about protecting American workers. The 2020 presidential hopeful’s post, “A Plan For Economic Patriotism,” criticizes the state of the U.S. economy and the lack of American companies. Her concerns that American companies are not loyal, that more needs to be done to bring jobs to the American people and the need to spark the economy with true American companies resemble issues President Donald Trump has frequently brought up.“She sounds like Donald Trump at his … [Read more...] about Here Is What Experts Say On The Similarities Between Warren’s Plan For Economic Patriotism And Trump’s Agenda
Government policies that promote economic growth
For your wealth. Photo: Sara D. Davis/Getty Images Elizabeth Warren is campaigning on a plan to impose a 6 percent tax on fortunes larger than $1 billion, and then use the resulting revenue to fund some combination of child care, housing, green manufacturing, and universal health insurance. Meanwhile, the American economy is drowning in capital. The rise of China, globalized financial markets, and historic wealth concentration has yielded a savings glut. There is so much money trying to turn itself into profit-yielding investment that global real interest rates have plunged to their lowest level in recorded history. Savers are so desperate for both safety and yield that Donald Trump’s deficit-spending spree hasn’t cost the federal government its exceptionally low bargaining costs — while the manifestly absurd business models of fourth-rate Silicon Valley start-ups have proved insufficient to keep capital out of their hands. But what if the world were different? … [Read more...] about Study: Warren’s Wealth Tax Would Slow Growth (In an Alternate Universe)
Story highlights Australia has detained hundreds of men, women and children asylum seekers Recent polls show Australians are in favor of a smaller refugee intake Peter van Onselen is a professor of politics at the University of Western Australia. He is a contributing Editor at The Australian newspaper and on Sky News Australia. The opinions expressed in this commentary are his. (CNN)People must wonder what all the fuss is about when the Australian government maintains a hard line on asylum seeker arrivals. After all, as a wealthy island nation with abundant natural resources and a relatively small population, Australia is never going to face the challenges destination nations in other parts of the world must confront. But despite criticisms from the United Nations and various international aid agencies, there is little prospect of a change in policy. Authorities start operation to remove 600 refugees from Manus Island center The most recent controversy is a … [Read more...] about Why the Manus Island crisis won’t change Australia’s refugee policy
The increasing costs of population growth in Sweden, driven almost entirely mass migration, have forced the government to seriously consider raising the national retirement age to pay for the additional costs. Swedish Socialist party Finance Minister Magdalena Andersson announced that the retirement age would likely be raised in the near future in order to offset increased welfare costs, Swedish newspaper Expressen reports.“Looking at those who start working at 30, there should be opportunities to work longer than 65,” Andersson said. The minister made her remarks following an economic report from the Local Authorities and County Council (SKL) released earlier this week. The report claimed that the welfare state would grow faster than revenue obtained through taxation due to the dramatic rise of Sweden’s population. Due to the influx of migrants during the migrant crisis and Sweden’s growing birthrate, the population of the country has … [Read more...] about Sweden Forced to Raise Retirement Age To Pay For Mass Immigration Policy
The Green New Dealers have taken Rahm Emanuel’s advice to heart: “Never let a crisis go to waste.” That is, use the occasion of a crisis to advance a pre-existing agenda, in this case, the remaking of the U.S. economy. Of course, they first had to manufacture — or, if one prefers, dramatically highlight — the crisis of climate change. And that’s a mission accomplished, at least as far as the left is concerned; a recent helpful headline from The Washington Post reads, “Americans increasingly see climate change as a crisis, poll shows.”Indeed, all the Democratic presidential hopefuls have signed on to some version of the Green New Deal; campaign pledges range from Joe Biden’s $1.7 trillion to Bernie Sanders’ $16.3 trillion. So we can see: Following their Emanuel-esque logic, the Green New Dealers have moved the Overton Window on spending and regulating. HOUSTON, TEXAS – SEPTEMBER 12: Democratic presidential candidate … [Read more...] about American Renewal: The Green New Deal: Economic Opportunities? Or Bonfire Of The Necessities?