Economic Update

Debris From A Declining Empire

On this week’s episode, Professor Wolff discusses United Kingdom politician George Galloway’s by-election victory and the raised minimum wage in the UK. He comments on Elon Musk’s lawsuit against the NLRB, as Trader Joe, Starbucks, and Amazon also join to ask a right-wing Supreme Court to gut business regulations. He then looks at US protectionism, … Continued


Background Briefing

Background Briefing – March 12, 2024

Of the $1.6 Trillion in Discretionary Spending in Biden’s 2025 Budget, a Trillion Goes to the Military and $499 Billion For Everything Else We begin with Biden’s $7.266 trillion 2025 budget released Monday of which $1.6 trillion is discretionary spending and a trillion of that (69%) goes to the military while $499 billion (31%) goes … Continued


Guest: John Nichols is the national affairs correspondent for The Nation Magazine. He is the author of several books including his latest co-written with Senator Bernie Sanders, “It’s OK to Be Angry About Capitalism.”  His Latest piece in the Nation is: Kevin McCarthy’s Final Act of Retribution Totally Screws Over the House GOP.  With his … Continued


KPFA’s host Philip Maldari talks to John Nichols, national affairs correspondent for The Nation magazine about the latest in Congress and Trump’s conspiracies. John Nichols is also the author of several books including his latest, co-written with Senator Bernie Sanders, is It’s OK to Be Angry About Capitalism. His writing can be found at the Nation.   … Continued