The Jobs Report in Light of what Powell Said: The Fed Cannot Create Supply of Labor, But it Can Slow the Demand for Labor
Higher interest rates, for longer.
Read more...Category Archives: Income disparity
‘People Think of Pelosi as a California Liberal; No, She’s Like a Baltimore Boss’
‘I mean, Christ, this is a woman who was brought up in Baltimore politics. We weren’t working with some neophyte’
Read more...Free Fridges in The Bronx, Created as COVID Stopgap, Still Meeting Chronic Food Needs
The successful community free fridges — fewer than during the pandemic — are now short on cash as well as volunteers to transport food.
Read more...On Black Friday, Amazon Workers in 40+ Countries Strike and Protest ‘Despicable’ Treatment
“Instead of paying its workers fairly, its taxes in full, and for its damage to our environment, Amazon is squeezing every last drop it can from workers, communities, and the planet.”
Read more...University of California Comes to a Standstill as Academic Workers Strike
Workers at 10 UC campuses struck after the university system failed to offer compensation commensurate to the cost of living in California.
Read more...With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’
One activist on the COP’s underwhelming performance: “Once again we are seeing rich countries trying to evade their responsibility.”
Read more...Tom Ferguson: Worker’s Wages & Leverage are the Real Targets
Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken workers’ bargaining power?
Read more...You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?
Nomi Prins warns that central banks’ strategies are destroying the real economy, worsening inequality, and creating societal chaos.
Read more...U.S. Diesel Inventories Hit Historic Lows At The Worst Possible Time
The diesel squeeze is getting worse, but it is still not clear how actute it might become.
Read more...As Gig Economy Grows, Its Toll on Workers Mounts
Democrats help the gig economy expands its reach as it brings pain and suffering to more American workers.
Read more...Repairing a Fractured World Economy?
Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses
Read more...How Workers and Pro-Union Politicians Team Up for Fair Trade
The US gets out of bed to go after some illegal foreign trade subsidies. Sadly this sort of thing does not happen very often.
Read more...Homelessness Among Older People Is on the Rise, Driven by Inflation and the Housing Crunch
Rising housing and medical costs meet fixed incomes to push older peope into desperation and homelessness.
Read more...Trump and the Republican Base: A Machine Learning Approach
Economic issues are a primary part of Trump’s appeal to his base
Read more...The Public Shouldn’t Pay for Drugs Twice
Taxpayers foot the bill for medical research, but drug companies profit. We need a new R&D model to stop this rentierism.
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