James Galbraith: CBO Not Competent to Assess Economics of Minimum Wage
James Galbraith slams an “unreliable” CBO report claiming that raising the minimum wage would reduce jobs.
Read more...Category Archives: Politics
Global Coup d’État: Mapping the Corporate Takeover of Global Governance
Why you should be very, very worried when our supposed betters start talking up the newest neoliberal Trojan horse, global governance.
Read more...Waste Watch: News from the U.S. and the Maldives
The Maldives and the U.S. are each grappling with managing their packaging waste; beware those who tout the EPR panacea.
Read more...Black Lives Matter Inland Empire Announces Break With BLM Global Network: Calls Out Lack of Transparency, Democratic Party Control
A Black Lives Matter group calls out the organization’s embrace of capitalism, self-promotion, and the Democratic Party.
Read more...‘Fire DeJoy Before He Burns Down USPS’: Postmaster General Pushes Plan for Slower Mail, Higher Prices
The planned demolition of the USPS continues. Can it be stopped?
Read more...‘Beyond Outrageous’: Big Pharma Using Loophole to Get Taxpayers to Fund Billions in Fines for Fueling Opioid Crisis
Big Pharma firms may try and take a tax deduction for some of the $26 billion opioid settlement, thus reducing its payout.
Read more...Yanis Varoufakis: Trumpism after Trump – NEWSWEEK Magazine, Interviewed by Basit Mahmood
Varoufakis believes Biden Administration fecklessness and love of austerity will strengthen the Trump faction.
Read more...The Chip Shortage: Brought to You By American Neoliberalism
While the chip shortage will sort itself out in the next six months, the US can’t remedy its dependence on foreigners for critical supplies.
Read more...Big Money Drove the Congressional Elections—Again
The press account of the 2020 Congressional races got the money part completely wrong: Republican outspending was key to their wins.
Read more...Why Amazon Is Fighting So Hard to Stop Warehouse Workers From Unionizing
Amazon has much to answer for, like wage theft and brutal workplace condidtion, and is throwing its muscle behind not being held to account.
Read more...Why U.S. Labor Laws Need a Major Update—The PRO Act Is a Great Start
Biden is proposing some significant changes to labor law. Does the legislation live up to its billing?
Read more...As Pandemic Surged, Contact Tracing Struggled; Biden Looks to Boost It
Biden still wants to ramp up contact tracing. But will it really do much good in the US?
Read more...Monetary Policy and Racial Inequality
Monetary policy does not lift boats in at all the same way.
Read more...Criminal Tax Cheat Robert Smith of Private Equity Firm Vista Gets a Pass for Conduct Worse Than Apollo’s Leon Black, Now in Epstein Doghouse
Neil Weinberg and David Voreacos published an in-depth account at Bloomberg of how private equity baron Roger Smith escaped being indicted for criminal tax fraud despite having concealed over $200 million in income. The very short version is that Smith and his allies got to Attorney General William Barr, both through Barr’s former firm Kirkland […]
Read more...Is There Really a Problem with Left Wing Extremism in the UK, or Is the Government Seeking Excuses to Suppress Fair Protest?
Governments on both sides of the pond are in “never let a crisis go to waste” mode. Aggression by the right is cause to stomp on a weak left.
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