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Tag: economy

AP Photo/LM Otero

Exclusive — Rep. Budd: The Political Market vs. the Private Market

In the United States, we’ve long had a free market system, but that system is not what it once was. Total government spending–state, federal, and local–has grown in real terms by more than 400 percent since 1965. Government spending is now one-third of the economy. As the private economy retreats, the importance of a new marketplace grows: the political marketplace. Products and services are no longer judged according to their usefulness to the economy at large–they’re judged according to whether or not they are politically useful or connected.

Recording artist Nick Carter appears with Kellogg's Tony the Tiger at the announcement of The Gr-r-reat Tony the Tiger Awards at the Hudson Theater August 15, 2002 in New York City. Ten finalists, recognized for overcoming personal challenges, will receive a $10,000 college scholarship and a chance to appear with Tony the Tiger on a box of Kellogg's Frosted Flakes cereal. (Photo by Lawrence Lucier/Getty Images)

Kellogg to Cut 250 from American Workforce

As a long list of companies announce new initiatives to add jobs and enlarge investment in the U.S. economy in the coming age of Trump, Kellogg Co. is announcing that it intends to cut another 250 jobs in America.

California Progressives Organize to ‘Resist Trump’

SANTA MONICA — Over one hundred “progressives” vowed to “resist” President-elect Donald Trump on Sunday as they gathered at the Mt. Olive Lutheran Church in this well-to-do coastal California city to organize efforts to combat the incoming administration.