Author Archives: Alice Green

Apple to Bring $200 Billion Back to US

Apple will soon bring the majority of its foreign cash reserves back into the United States to take advantage of the tax breaks it will receive under the GOP tax bill passed on December 22nd. The repatriated money will go straight into America banks, which will use it to make loans to Americans. This will provide a huge boost to ...

Read More »

High Prices Spark Anti-Government Protests in Iran

Iranians across the country joined in unauthorized protest last weekend to speak out against the government’s inability to fix ongoing economic troubles like rising prices and unemployment. Dozens of people have been arrested. Iran’s economy, which is largely dependent on oil, has long been plagued by high unemployment and double-digit inflation. Data from the International Monetary Fund shows inflation at ...

Read More »

Both Parties Conveniently Ignore Deficit

If there’s one thing Republicans and Democrats have in common, it’s the ability to simultaneously complain about and ignore the deficit. The annual budget deficit is about $600 billion. According to the Committee for a Responsible Budget (CRFB), the GOP’s tax overhaul will increase the deficit to $1 trillion by 2019. At this rate, the accumulated national debt will be ...

Read More »

CDC: American Life Expectancy is Declining

US life expectancy fell for the second consecutive year in 2016, announced the CDC on Wednesday. This is the first time we’ve seen a multiyear drop in life expectancy since 1962. “It’s certainly concerning to see this two years in a row,” says Bob Anderson, who leads the CDC’s mortality statistics branch. According to the report, the average life expectancy is 76.1 ...

Read More »

Food Stamps: Enrollment and Spending Continue to Fall

Federal spending on SNAP (food stamps) hit a 7-year low in 2017 as more Americans got off welfare and went back to work. SNAP spending increased dramatically during Obama’s presidency, climbing from $37.6 billion to $53.6 billion after his first year in office. Spending peaked in 2013, when the government handed out $79.8 billion to more than 47 million recipients. The ...

Read More »

FCC Chairman Calls to Regulate Social Media

FCC Chairman Ajit Pai says there should be more transparency in how sites like Facebook and Google restrict conservative content. His comments come days before the FCC vote on whether to repeal “net neutrality” – a set of rules that currently forces Internet service providers (ISPs) to treat all web traffic equally. Without net neutrality, your ISP could slow down ...

Read More »

Brexit: EU and Britain Reach Agreement on Divorce Terms

British Prime Minister Theresa May has finally reached an agreement with the European Union on Brexit divorce terms. The agreement, which comes more than a year after the Brits voted to leave the bloc, follows six months of intense talks and an all-night discussion with European Commission President Jean-Claude Juncker, the DUP, and the Irish government. The 15-page deal includes ...

Read More »

New Jersey Fights for Legal Sports Betting

The Supreme Court is gearing up to hear a case on whether New Jersey will be allowed to conduct legal sports gambling. Federal law currently bans sports gambling in all but four states: Oregon, Nevada, Delaware, and Montana. New Jersey argues that the federal ban violates the 10th Amendment by allowing some states to bet on sports while banning others. ...

Read More »

Merkel and the German Government Uncertain as Coalition Fails

German Chancellor Angela Merkel’s efforts to form a coalition government following the federal election in September failed this weekend when the Free Democrats (FDP) walked away from negotiations. “As chancellor…I will do everything to make sure this country continues to be well governed through the tough weeks ahead,” said Merkel. “It’s a day at the very least for a profound examination ...

Read More »

Taxpayers Spent $5.6T on wars in Middle East/Asia

US wars in Iraq, Afghanistan, Pakistan, and Syria have cost American taxpayers an estimated $5.6 trillion since 2001, according to a study conducted by the Watson Institute of International and Public Affairs at Brown University. This shocking figure, which more than triples the Pentagon’s estimates, suggests that every US taxpayer is responsible for about $24,000 in war costs. “War costs ...

Read More »