Alternative Visions

Alternative Visions - 8 Disturbing Economic Reports + Taming Trump Revisited - 04.14.17


Listen Later

As the euphoria of the false promise of Trump policies stimulating US economic growth continue to fade, host Dr. Jack Rasmus reviews several economic reports indicating not much has changed for the US and global economies since Trump’s election.  Jack reviews the IMF’s report on productivity that continues to slow (US productivity now less than 0.5% annual growth compared to 2% average before 2008). The World Bank report of global trade slowest since 2009 and now at 1.9% less than global GDP for first time. Credit Suisse Bank’s global wealth report, showing top 1% net assets at $4.5 million average, but almost twice that in the US. OECD report of real disposable income declining. Princeton University Survey showing high school educated, 25-55 year old white working class in US death rates soaring, worse than blacks, rooted in job despair. US low interest rates since 2008 have shifted more than $1 trillion from retirees to bankers. Labor’s share of total income now 8% less than before and the various reasons for it. And H1-B visa proposals by Trump are ‘cosmetic’ according to Tech companies.  Jack reviews his predictions of last November 30 that the economic and political elites will ‘tame’ Trump. Growing evidence this has been occurring and will continue, from the recent boot to radical, Steve Bannon, to Trump policies in Syria, NATO, China, trade deals, Russia, Export-Import Bank, etc.
...more
View all episodesView all episodes
Download on the App Store

Alternative VisionsBy Progressive Radio Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

25 ratings


More shows like Alternative Visions

View all
Economic Update with Richard D. Wolff by Democracy at Work, Richard D. Wolff

Economic Update with Richard D. Wolff

1,979 Listeners

The Corbett Report Podcast by The Corbett Report

The Corbett Report Podcast

913 Listeners

Progressive Commentary Hour by Progressive Radio Network

Progressive Commentary Hour

117 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,194 Listeners

The Katie Halper Show by Katie Halper

The Katie Halper Show

1,481 Listeners

The Duran Podcast by The Duran

The Duran Podcast

597 Listeners

Gerald Celente - Trends in the News by Gerald Celente

Gerald Celente - Trends in the News

251 Listeners

Bannon`s War Room by WarRoom.org

Bannon`s War Room

17,025 Listeners

Book Club with Jeffrey Sachs by Jeffrey Sachs

Book Club with Jeffrey Sachs

150 Listeners

Judging Freedom by Judge Napolitano

Judging Freedom

886 Listeners

System Update with Glenn Greenwald by Rumble

System Update with Glenn Greenwald

1,176 Listeners

Geopolitical Economy Report by Ben Norton

Geopolitical Economy Report

300 Listeners

Multipolarity by Multipolarity

Multipolarity

36 Listeners

The Chris Hedges Report by Chris Hedges

The Chris Hedges Report

332 Listeners

Daniel Davis Deep Dive by Daniel Davis

Daniel Davis Deep Dive

62 Listeners