Richard Trumka: The Case for Hillary Clinton I Election 2016 I AFL-CIO V...

Labor's view on the elections.

Candidates on H-1B Immigration

SPEAKING OF FOREIGN WORKERS: Jeff Sessions said at a Trump campaign event in Iowa that he was open to eliminating the H-1B visa program for skilled foreign workers. "We shouldn't be bringing in people where we've got workers," Sessions said during a stop in Indianola, according to the Des Moines Register. "There are a number of ways to fix it. I don't think the republic would collapse if it was totally eliminated." The H-1B program allows skilled workers to live and work in the U.S. temporarily, and 172,748 such visas were issued in fiscal year 2015, according to the State Department. 

Trump's campaign statements on the H-1B program have been wildly contradictory, as the Washington Post documented earlier this year. In a March debate, for instance, Trump spoke of the need for more highly skilled foreign workers, then reversed his position that same evening, saying in a campaign statement that he would "end forever the use of the H-1B as a cheap labor program." Clinton has sent mixed signals, too. She's backed giving out more visas as part of comprehensive immigration reform, but told Vox in June that stories of Americans losing their jobs to H-1B visa holders were "heartbreaking." Politically active tech execs seem to prefer Clinton, FiveThirtyEight's Farai Chideya reported Tuesday: "Of the $8.1 million given by tech employees or executives, Clinton got 95 percent." More from the Des Moines Register here and from FiveThirtyEight here.

These respond to questions asked in class last week. 

Tom Hayden on NAFTA

Instead of NAFTA’s corporate escape from New Deal-style regulation, the new agenda would be an extension of the most progressive elements of the New Deal to global society, a new social contract in place of market fundamentalism. Globalization from the bottom up. Instead of NAFTA-style agreements that solely protect foreign investors, this alternative model would offer enforceable protections to workers, women and the environment as well–on both sides of the border. Instead of sweatshops and child labor there would be unions and literacy programs. Instead of damming rivers and slashing rainforests, there would be conservation programs for future generations.

2001

California’s Spending Per Student Has Increased Due to Proposition 30, but Still Trails the Rest of the US - California Budget & Policy Center

California’s Spending Per Student Has Increased Due to Proposition 30, but Still Trails the Rest of the US - California Budget & Policy Center

The new rules of the road: a progressive approach to globalization. | Jared Bernstein | On the Economy

The new rules of the road: a progressive approach to globalization. | Jared Bernstein | On the Economy



These are suggestions about what could be done about trade.

Robert Reich (The Real Scandal of Trump Paying No Taxes)

Robert Reich (The Real Scandal of Trump Paying No Taxes)

Debate moderator outsourced all of her questions on the economy to a group of fiscal conservatives

Debate moderator outsourced all of her questions on the economy to a group of fiscal conservatives

Offshore Shell Games 2016 | CTJReports

Offshore Shell Games 2016 | CTJReports



Report on U.S. companies taking advantage of off shore tax laws.

Instead, the study — which notes that 58 Fortune 500 companies would owe $212 billion in additional federal taxes, “equal to the entire state budgets of California, Virginia and Indiana combined,” if they were taxed properly — should be a five-alarm call to voters and lawmakers to finally fix the tax system. If all the attention on Mr. Trump’s tax bill (or lack of one) isn’t enough to inspire a complete rewrite of the tax code, this study may be.

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The authors of the report, which include the U.S. PIRG Education Fundand Citizens for Tax Justice, combed through the filings of the Fortune 500 for 2015 and found an astonishing 73 percent “maintained subsidiaries in offshore tax havens.”

Corporate profits are way up, corporate taxes are way down

Corporate profits are way up, corporate taxes are way down: Since 1952, corporate profits as a share of the economy have risen dramatically (from 5.5 percent to 8.5 percent), while corporate tax revenues as a share of the economy have plummeted (from 5.9 percent to just 1.9 percent). This trend has worsened since the end of the Great Recession. Between 2010 and 2015, corporate profits averaged 9.2 …

News Release: 44% of Tax Cuts in Trump's Revised Plan Would Go to Top 1% of Taxpayers | CTJReports

News Release: 44% of Tax Cuts in Trump's Revised Plan Would Go to Top 1% of Taxpayers | CTJReports: A new distributional analysis of Donald Trump's tax plan reveals that 44 percent of the candidate's proposed tax cuts would go to the top 1 percent of taxpayers, and the plan would increase the nation's deficit by $4.8 trillion over 10 years, Citizens for Tax Justice said today.

How the EU adopted neoliberalism and Crushed Greece

How the EU used neoliberalism and Crushed Greece.  Who will be next?

http://michael-hudson.com/2016/10/review-of-james-galbraith-welcome-to-the-poisoned-chalice-2016/

Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades - The New York Times

Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades - The New York Times