My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update
The wealth gap rises: Billionaires got more billions, the bottom half of Americans got peanuts and inflation.
Read more...Category Archives: Income disparity
Manchin Takes Aim at Build Back Better, but His Real Focus is on West Virginia
What does Manchin want?
Read more...As Pressure Mounts, Biden Considers Extending Pause of Student Loan Payments
Biden is signaling he might retreat on resuming student debt payments. But is this simply a ploy in light of the BBB brick wall?
Read more...Kellogg Workers OK Contract, Ending 11-Week Strike
The Kellogg agreement still leaves workers vulnerable, says a local union president.
Read more...The Privilege of Staying Home: COVID and the Highly Skilled Workforce
At home work during the pandemic allowed most skilled workers to choose immobility, which could affect future work and migration patterns
Read more...The Democrats Go Full Götterdämmerung as Manchin Makes DOA of BBB Official; Omicron Undermines Scapegoating the Unvaxxed
The Democrats may finally be getting their comeuppance.
Read more...How a Group of Starbucks Workers Emerged Victorious in Their Union Fight
How Starbucks, long hostile to unions, lost a fight with workers in Buffalo despite management pulling out all the stops.
Read more...On the Loss of Public Spiritedness in the West and the Impact on Politics
The boundaries between politics and commerce aren’t as clear in Japan and China as in the West, and we may not be better off for that.
Read more...Build Back Better Verges on Collapse as Manchin Attempts to Kill Child Tax Credit
How Manchin is putting a lump of coal in Biden’s Christmas stocking.
Read more...Thomas Ferguson: Is the U$A a Democracy?
Thomas Ferguson, a top expert on money and politics, weighs in on how much democracy is there with so much wealth and power in so few hands.
Read more...Being Rich Does Not Make You More Generous. It Makes You Meaner.
Why relying on the kindness of strangers, particularly rich ones, is not such a hot idea.
Read more...The US Doesn’t Have Enough Faculty To Train the Next Generation of Nurses
Nurses’ ranks were being hollowed out even before Covid due to not instructing enough to fill rising needs. That shortfall getting worse.
Read more...Amazon’s Deathtrap Warehouse in Edwardsville, IL: Will Bessemer, AL Be Next?
Social murder in Edwardsville.
Read more...Culture Wars: Identity Politics and the Fight Against Surveillance Capitalism
Why identity politics is just another face of neoliberalism.
Read more...‘Inexcusable’: Amazon Under Fire After Warehouse Collapse Kills at Least Six
“Requiring workers to work through such a major tornado warning event as this was inexcusable.”
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