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To ease the immediate pain, we need a much stronger safety net: extended unemployment benefits for the long-term unemployed, wage insurance, a higher minimum wage and the like. Cutting our irrational austerity frenzy to step up investment in infrastructure is a no-brainer. All of this can — and should — be paid for by higher taxes on the wealthy.

there is a meaningful chance that 2016 could begin a retreat of the United States from the mix of economic policies and the global engagement that U.S. businesses have regarded for decades as central to their success — unless business leaders can move decisively to redefine their goals as harmonious with those of working- and middle-class families.

The key question is how we rise up in more muscular defense of the interests of U.S. workers and industries without doing permanent damage to our economy. We must also demonstrate that government can function and that business can be a constructive partner to it.

every generation, we seem to witness an election that startles us, triggering tectonic shocks that change our politics and policies for decades to come. This could be one of those elections. Very much like the realignment revealed by the vote in Britain to leave the European Union, U.S. politics might be transforming into a debate less between right and left and more between those voters who are advantaged by globalization and those who are not.

The Donald Trump Cabinet Tracker

The Senate hasn’t formally rejected a Cabinet pick since it voted down President George H.W. Bush’s nomination of John Tower for defense secretary in 1989

Trump may have more luck with the Senate than his immediate predecessors, and he has Democrats to thank. When they held the majority in 2013, they changed the rules so that executive-branch nominations are no longer subject to the 60-vote threshold for filibusters. That means Trump could conceivably win Senate approval of his entire Cabinet without a single Democratic vote.

I believe there is a good likelihood, probably even a probability, that if the Russian subversion campaign had never happened and James Comey had never released his letter, Hillary Clinton would be prepping to become our new President. My own guess is that Comey's letter had the bigger impact. These were both profoundly damaging events in the race and Clinton lost by very tight margins in most of the newly (hopefully temporarily) red states. I see little way to challenge this assertion.

But the tiny margins are only one side of the story. Let's take Wisconsin. The final tally puts Trump ahead by .8%, or 22,748 votes. That's a tiny margin. Any number of things could have shifted the balance. Spending the final week of the campaign talking about a new investigation of Clinton's emails was more than enough to tip the balance. Spending not just a single trip but more concerted time in the state could have too.

But now look at the shift from 2012. The shift in the direction of the GOP was 7.7%. That is a huge shift over four years. Huge. There's no getting around that. If you step back from Wisconsin to the larger Upper Midwest region and indeed the United States you see something more fundamental. Donald Trump did what we all remember Barack Obama doing in 2008: He changed the shape of the electorate.

there seems to be universal agreement, at least among the Democratic politicians and strategists I’ve interviewed, that the party’s actual ideas are the right ones.

Democrats, they note, pushed for expansion of health-insurance subsidies for low- and middle-income Americans; investments in education and retraining; middle-class tax cuts; and a higher minimum wage. These are core, standard-of-living improving policies. They would do far more to help the economically precarious — including and especially white working-class voters — than Donald Trump’s top-heavy tax cuts and trade wars ever could.

Here’s the problem. These Democratic policies probably would help the white working class. But the white working class doesn’t seem to buy that they’re the ones who’d really benefit.

As I write this, every newspaper informs me of frantic efforts by merchants to unload onto the consumer, at almost any price, the vast surplus of unsold commodities that have accumulated since the credit crisis began to take hold. The phrase crisis of over-production, which I learned so many long winters ago in “agitational” meetings, recurs to my mind.

On other pages, I learn that the pride of American capitalism has seized up and begun to rust, and that automobiles may cease even to be made in Detroit as a consequence of insane speculation in worthless paper “derivatives.” Did I not once read somewhere about the bitter struggle between finance capital and industrial capital?

The lines of jobless and hungry begin to lengthen, and what more potent image of those lines do we possess than that of the “reserve army” of the unemployed—capital’s finest weapon in beating down the minimum wage and increasing the hours of the working week?

China to send nuclear-armed submarines into Pacific amid tensions with US

The Chinese military is poised to send submarines armed with nuclear missiles into the Pacific Ocean for the first time, arguing that new US weapons systems have so undermined Beijing’s existing deterrent force that it has been left with no alternative.

They point to plans unveiled in March to station the US Thaad anti-ballistic system in South Korea, and the development of hypersonic glide missiles potentially capable of hitting China less than an hour after launch, as huge threats to the effectiveness of its land-based deterrent force.

s Five states expected to help Trump and Clinton widen their leads

For Republicans, the race for delegates remains a key focus, with Trump hoping to secure the 1,237 delegates needed before the Republican National Convention in Cleveland in July.

On the Democratic side, polls in recent days suggest that Clinton could win all but one or two of the five states up for grabs —Pennsylvania, Maryland, Connecticut, Rhode Island and Delaware — or potentially sweep the table.

A Commonwealth in Crisis

On Sunday, Puerto Rico will likely default again on some of its debts, which now total over $70 billion.

It is an entity that is often almost completely at the whim of Congress, the most dysfunctional body in national politics today.

The foundation of democratic debate is policy, issues, the choices we make about what we as a nation should do. That’s what the government we create does on our behalf: it confronts problems, decides between alternatives, and pursues them

We all presume that these questions (and a thousand more) are important, and that the people who run for office should take them seriously. We assume they’ll tell us where they stand, we’ll decide what we think of what they’ve said, and eventually we’ll be able to make an informed choice about who should be the leader of our country.

Donald Trump has taken these presumptions and torn them to pieces, then spat on them and laughed. And so far we seem to have no idea what to do about it.

Charles Koch thinks Hillary Clinton might be a better president than the Republican candidates

billionaire brothers Charles G. and David H. Koch, arguably two of the United States's most influential big-money donors in conservative politics, have kept quiet this presidential cycle.

They unveiled a budget of up to $900 million for the 2016 presidential election cycle at their donors' retreat in January.

The Democrats shouldn’t mistake a sugar high for nutrition. They’re still getting their butts kicked. Being Not Trump gained them only a net of six seats in the House in November’s election, and will not be enough to win a majority in 2018.

Reliance on identity politics and media-cushioned affirmation, and a blind spot to the genuine pain of the white working class, is precisely what produced a President Trump. For the next year, Democrats should filter their policy initiatives through the eyes of the person Trump claims to speak for — the forgotten American

Roosevelt actually did something for that overlooked American — Social Security, minimum wage, building roads, bridges and dams — and was rewarded with a majority coalition that carried the United States to new heights. Therein lies the way back to power for Democrats.

Historians of all political persuasions and none have been working for decades to discredit what might crudely be described as the ‘Blackadder’ view of the First World War. Views among this group are by no means uniform, and there are some sharp divisions over interpretations. My politics happen to lie on the Left.

For Britain, the war was one of national survival, fought in defence of its vital interests against an aggressive, militarist, anti-democratic, near-autocracy. The tired stereotype of the British army as ‘lions led by donkeys’ has long been thoroughly discredited.

At a minimum I would like to see general recognition that the ‘sleepwalkers’ interpretation of the origins of the First World War, crudely stated that the great powers stumbled into a war that no one wanted, remains a minority view among scholars. On the contrary, there is a great deal of evidence that Austria-Hungary and Germany bear the burden of the responsibility for unleashing the war. Moreover, it needs to be understood the vast majority of the British people supported the war, not as an imperialist venture but because they believed that Germany posed a direct threat to their country, their well-being and their families; and many historians argue that they were absolutely right to do so.

the Internet has created a tremendous amount of personal wealth. Just look at the rash of Internet billionaires and millionaires,

Then there’s the superstar effect. The Internet multiplies the earning power of the very best high-frequency traders, currency speculators, and entertainers, who reap billions while the merely good are left to slog it out.

will the Internet also create the greatest economic inequality the global economy has ever known?

College fraternities—by which term of art I refer to the formerly all-white, now nominally integrated men’s “general” or “social” fraternities, and not the several other types of fraternities on American campuses (religious, ethnic, academic)—are as old, almost, as the republic.

While the system has produced its share of poets, aesthetes, and Henry James scholars, it is far more famous for its success in the powerhouse fraternity fields of business, law, and politics. An astonishing number of CEOs of Fortune 500 companies, congressmen and male senators, and American presidents have belonged to fraternities

They also have a long, dark history of violence against their own members and visitors to their houses, which makes them in many respects at odds with the core mission of college itself.

One reason American antipoverty efforts over the last half-century haven’t been more effective is that they mostly treat symptoms, not causes. To put it another way, we don’t invest nearly enough in helping children in the first few years of life as their brains are developing. If we miss that window, then adult interventions like higher minimum wages can never be fully effective.

Almost one-fifth of children here in West Virginia are born with drugs or alcohol in their systems, one study found. Those kids may never reach their potential as a result.

What would make a difference? We need an integrated set of early interventions, starting with family planning to help women and girls avoid unwanted pregnancy (four out of five births to teenagers are unplanned or unwanted). We need outreach efforts to help pregnant women curb use of drugs, alcohol and tobacco, as well as free at-home help for new moms who want to breast-feed.

In both the Senate, controlled by Democrats, and the House, under the rule of Republicans, the minority is largely powerless to do anything but protest.

Actually, No. The point of that paragraph is that Congress is suffering from symmetrical paralysis, which is exactly wrong.

In the House, a minority is indeed "largely powerless." Just ask Nancy Pelosi, Steny Hoyer, et al about how life has changed since 2010.In the Senate, it's very different. There a minority is extremely powerful. Just ask Mitch McConnell, who has made 60 votes -- not a simple majority of 51 -- the de-facto minimum for getting either nominees or legislation approved. 

For most of American history, parents could expect that their children would, on average, be much better educated than they were. But that is no longer true.

From 1891 to 2007, real economic output per person grew at an average rate of 2 percent per year — enough to double every 35 years. The average American was twice as well off in 2007 as in 1972, four times as well off as in 1937, and eight times as well off as in 1902. It’s no coincidence that for eight decades, from 1890 to 1970, educational attainment grew swiftly. But since 1990, that improvement has slowed to a crawl.

The premium that employers pay to a college graduate compared with that to a high school graduate has soared since 1970, because of higher demand for technical and communication skills at the top of the scale and a collapse in demand for unskilled and semiskilled workers at the bottom.

13 November 2013 Last updated at 06:45 ET Share this page Email Print Share this pageShareFacebookTwitter Nigeria: US 'to name Boko Haram as a terrorist group' Boko Haram frequently clashes with the Nigerian armed forces Continue reading the main story Nigeria under attack Afraid to go to school Dead or alive Vigilante war Gunning for Boko Haram The US state department is expected to designate the Nigerian Islamist militant group, Boko Haram, as a foreign terrorist organisation.

The US state department is expected to designate the Nigerian Islamist militant group, Boko Haram, as a foreign terrorist organisation

t will become a crime under US law to provide material support to the group

One way to determine whether JPMorgan has gotten off lightly is to calculate the settlement payments as a percentage of the subprime and Alt-A mortgages that the bank sold. From 2004 through 2007, JPMorgan, along with Washington Mutual and Bear Stearns, sold around $1 trillion of mortgages, according to Inside Mortgage Finance, an industry publication. So far, JPMorgan has paid or set aside about $25 billion to meet claims that the loans should not have been sold. In other words, that sum is 2.5 percent of the total, though that figure could increase as the bank strikes other settlements.

Since the crisis, many attempts have been made to assess how many of the subprime and Alt-A mortgages inside the bonds were of too low a standard. The results are staggering.

Occupancy was a focus of one of the lawsuits that was wrapped into the government settlement. The suit, brought by Federal Housing Finance Agency, alleged that, in one bond deal, 15 percent of the loans were for a second home, five times the level stated in the deal’s prospectus. Most of those loans probably defaulted, which means the ultimate loss rate on the bond was probably far higher than 2.5 percent.