Category Archives: Income disparity

Public-Private Partnerships Fad Fails

After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted to mobilize private finance for the public purpose. PPPs have socialized costs and losses while ensuring private financial gains.

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Bill Black: Ocasio-Cortez & Sanders Introduce Bill to Cap Credit Card Interest Rates at 15%

Ocasio-Cortez and Sanders introduce legislation: they call it Loan Shark Prevention, which would allow post offices to act as banks and cap interest rates at 15%, but credit card companies claim it would hurt the poor.

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The Lost Ones: The Opportunities and Outcomes of White, Non-College-Educated Americans Born In The 1960s

This column shows that white, less-educated Americans born in the 1960s are worse off than the generation born 20 years previously, based on wage changes, increased medical costs, and shorter life expectancy. This disparity could be worth as much as $132,000.

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Why You Should Back the Sanders/AOC Plan to Cap Credit Card Interest Rates at 15%, Re-Launch the Postal Savings Bank

A new bill by Bernie Sanders and Alexandria Ocasio-Cortez seeks to limit credit abuses and make banking more accessible.

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Apple to California Legislators: Consumers Will Hurt Themselves if Provided a Right to Repair

Apple and tech lobbyists delay a California bill to provide a statewide right to repair until 2020, claiming consumers will hurt themselves if the state capitulates on this issue. They also successfully deploy the hackers in the basement boogeyman.

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