That guy in the Oval Office can’t stop making up fibs. Yesterday, he repeated a lie: “We’re the highest taxed nation in the world”. Not even close. Which inspired me to look at lies about the economy.
Thea Lee, the incoming president of the Economic Policy Institute, stops by to talk the truth about trade, taxes and health care. I, then, chat with Mark Weisbrot, the co-director of the Center for Economic and Policy Research, about the truth about which country accounted for 75 percent of the people who rose out of deep poverty over the last 25 years…you might be surprised by the answer.
Back to capture the crown of Robber Baron of the week once again is the CEO of Wells Fargo, Tim Sloan, who rakes in millions while he oversees the shipping of call center jobs overseas to low-wage countries.