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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Who’s “Dismantling” the American Dream?

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Monday, October 28, 2013   

BOSTON - Hedrick Smith won a Pulitzer Prize for his reporting on the Soviet Union and wrote a best-seller called "The Russians." Now it's America that's under the magnifier wielded by Smith, a former New York Times editor and a correspondent on the PBS show "Frontline."

According to Smith, the 22 million Americans who are still out of work, and the nation's dysfunctional political system, are contributing to the "dismantling" of the American Dream.

"I think there is a great frustration at the moment with the functioning of the political system, with campaigns that are dominated by money, with an economy that's increasingly unequal."

Smith's book, "Who Stole the American Dream?", has just been released in paperback. In it he cites, among other things, a transfer of $6 trillion in middle-class wealth from home-owners to banks and says a U.S. policy tilt favoring the rich is stunting the country's economic growth.

Smith said a lot could be accomplished by closing tax loopholes.

"We can do tax reform in corporate taxes and do what a lot of people want to do, lower the rates but stop the giveaways to the big corporations and the banks that are already making enormous profits," he declared.

Smith argues that major policy changes that began in the 1970s led to a "New Economy" that has disrupted America's "engine of shared prosperity."




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