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Alternative Visions – Updates to Trump Tax Cuts & Trump Trade War – 04.20.18

Dr. Rasmus discusses emerging evidence of how the Trump tax cuts are being spent by investors and businesses. As predicted, the 10%-31% bottom line profits windfall from the tax cuts are going to stock buybacks, dividend payouts and mergers & acquisitions. Buybacks and dividends are projected to reach $1.3 trillion in 2018, higher than the previous 7 yr. average of …

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Alternative Visions – Paul Ryan Resigns & Trump’ Trade Retreat – 04.13.18

Dr. Rasmus discusses House Speaker, Paul Ryan’s, announcement this past week to resign and what’s behind it. It’s not about spending more time with his kids or giving up on Trump. What it means for conservative plans to attach social security, medicare, education and other social programs to pay for the annual $1 trillion budget deficits for the next ten …

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Alternative Visions – Trump’s DejaVu China Trade War -04.06.18

Dr. Rasmus assesses the past week’s Trump trade offensive, showing its ‘dual track’ focus: go soft on trade and tariffs for US allies (example the recent Korean trade deal and exemptions on steel-aluminum tariffs) while playing ‘hardball’ with China trade. The steel and Korean deals are summarized. Rasmus argues this phony trade ‘track’ is for domestic political consumption for Trump’s …

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Alternative Visions – Are US Stock Markets About to Turn Down Again? – 03.30.18

Dr. Rasmus looks at the forces pumping up US stocks, especially Tech stocks and S&P500, and the emerging counter forces that may soon prevail to send US stock markets into another major correction. Forces driving the bubble are continuing record stock buybacks and dividend payouts, and now record levels of merger & acquisitions (up 67% in 2018 and $1.2 trillion) …

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Alternative Visions -US Economy’s ‘Triple Witching’ Hour: Budget bill, Fed Rate Hikes, China Trade War -03.23.18

Dr. Rasmus looks at three major economic events of the past week: the Trump $1.3 trillion budget bill, the Fed’s latest rate hike (with 6 more coming 2018-19), and the Trade War he launched last week which (as I predicted on this show last week) was really an opening salvo in trade negotiations with China (not Europe,  Mexico-Canada, Latin America, …

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Alternative Visions – US Economic Slowdown Ahead 2018 As US Debt Hits $70 Trillion and Trump Targets China Trade – 03.16.18

Dr. Rasmus identifies weakening retail sales and business inventories as sources of US GDP sharply slowing later this year. Trump’s tariffs as only opening skirmish in US trade war—with China not the rest of the world. Half of US $810 billion trade deficit in goods is with China. Watch next week Trump actions targeting China trade. Why China will not …

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Alternative Visions – Is There a Trump Trade War Brewing? – 03.09.18

Dr. Rasmus takes up the key economic news of the past week that Trump is launching a trade war by raising tariffs on steel and aluminum imports. Contrary to press and media, it’s not a general ‘trade war’ but another example of US capitalists—the national ‘America First’ wing allied with Trump in the current case—signaling they intend to renegotiate trade …

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Alternative Visions -The Attack on Unions Intensifies: the JANUS Supreme Court Decision – 03.02.18

Today’s show focuses on the pending US Supreme Court decision, Janus vs. AFSCME, which represents an escalation of the billionaire-corporate-right wing attack on unions. Dr. Rasmus welcomes guest, Joe Bryan, Vice President of Service Employees International Union (SEIU) local 1021 in California. The billionaires behind the case—from the State Policy Network to ALEC to the Koch Brothers, Bradley Foundation, Donors …

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Alternative Visions – Debt & Recession Warnings Growing – 02.23.18

While the mainstream economists and business sources trumpet US and global growth underway, warnings about accelerating debt and recession from capitalist and more independent research sources are emerging as well. Dr. Rasmus reviews statements by Ray Dalio, CEO of the world’s biggest hedge fund, warning a 70% chance of recession, and by the OEDC researchers that government debt alone has …

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Alternative Visions – The Rising Wages Myth + Trump’s Recession 2019? – 02.16.18

Dr. Rasmus debunks the media hype about wages now rising, showing how in fact real weekly earnings for non-management workers (both full and part time) over the past year amounts to only 6 cents to 8 cents per hour, based even on government Dept. of Labor data. And the trend is downward, as wage(hourly wage x hours worked) earnings change …