Why America Needs a National Program of Paid Sick and Family Leave
Family leave is productive as well as humane, but American management has been keen to keep its boot on workers’ necks.
Read more...Category Archives: Economic fundamentals
Reallocation Effects of the Minimum Wage
Raising minimum wages is good for workers and (surprise!) company operations! Too bad those whiny managers worry they will skim less.
Read more...Why Does Congress Fight Over Childcare But Not F-35s?
Details on why Congress is addicted handing out military pork as opposed to spending money on citizens’ needs.
Read more...Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever
Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.
Read more...Climate Advocates Voice Concerns Over Fossil Fuel Handouts in Stalled Infrastructure Legislation
One month after Hurricane Ida hit Louisiana, infrastructure and “build back better” talk ignores survival needs on climate crisis frontlines
Read more...Incomes Got Chewed Up by Inflation. Americans Spent Heroically on Goods, But Not on Services. Eviction Moratoriums & Forbearance Implicated
Consumers have made big changed to their spending patterns in response to inflation.
Read more...Progressives Defy House Leadership on Vote on Biden $1.5 Trillion “Highway” Bill, Hold Line on Deal for $3.5 Trillion Package w/ Social Services and Climate Change Spending
The effort to get the House to rubber-stamp a $1.5 trillion Senate-dictated infrastructure bill has gone pear-shaped.
Read more...Keir Starmer’s Speech – Labour’s Best Thing Since Stale Bread
It’s not capitalism that has to change, the Labour leader told us. It’s you.
Read more...Michael Hudson and Thomas Piketty Debate Inequality, Debt, and Reform
Thomas Piketty and Micheal Hudson address “What is debt,” and also address inequality, rentierism, and reform in the West and China.
Read more...Vaccine-Only Mandates as a Manifestation of the Bizarre Civil War-Stoking Impulses of the Professional-Managerial Class in the US
Why the vaccine-focused approach is not likely to develop necessarily to the advantage of the Biden Administration.
Read more...Rapid Shift to Clean Energy Could Save ‘Trillions.’ But Corporate-Backed Groups Are Fighting the Transition in US Budget Bill
Even as evidence mounts that moving faster to clean energy sources would benefit businesses and the planet, the usual suspects fight back.
Read more...The European Energy Crisis Is About To Go Global
Rising energy prices in the US look set to go higher.
Read more...The Lasting Impact of the Covid Crisis on Economic Potential
A look at how Covid has damaged the economy and estimating the effect.
Read more...Record Level of American Men Foregoing College
Why are so many young men giving up on college?
Read more...Can China’s Outsized Real Estate Sector Amplify a Delta-Induced Slowdown?
Whether by accident or design, the implosion of China’s Evergrande will take some air out of its inflated real estate sector. What then?
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