Welcome to The Roots of Defeat

This website is dedicated to discussing the economic and political upheavals that led to the Trump presidency. What can we do?

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Monte Pearson's Blog

October 23, 2017

Why the Stock Market Loves Tax Cuts for the Rich

You might have noticed that the stock market is very excited about the possibility of a Republican tax cut. It soared last week after the Senate and House passed a Republican budget plan authorizing future budget cuts to pay for...

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October 3, 2017

Trump’s Tax Plan Lines the Pockets of the 1%

Gary Cohen is President Trump's chief economic advisor. Between 2006 and 2017, he was President of Goldman Sachs. That firm is an investment bank whose principal business is managing stocks, bonds, and other assets of the 1% - that is,...

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September 27, 2017

Why Write “The Roots of Defeat”?

My new book, The Roots of Defeat, is based on my desperate effort to understand why President Obama disappointed me so often. To do that I went all the way back to the New Deal of Franklin Roosevelt to see...

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