How the American Economy Is Rigged to Serve the Rich, and Why Tariffs Won’t Change That
The money to support well-paid American jobs exists—it’s just being hoarded by the rich.
Read more...Category Archives: The destruction of the middle class
Company Accused of Organizing National Rental Housing Cartel Goes on Offense as Trump DOJ Mothballs Price-Fixing Case
In a lawsuit against Berkeley, RealPage contends that using pricing algorithms to coordinate residential rents among mega landlords is “free speech.”
Read more...‘Making the West Great Again’
At her recent meeting with Trump, IItalian PM Giorgia Meloni declared her allegiance to “western nationalism.” What does such nonsense portend for Italy and Europe?
Read more...Will the EU Join the Economic War Against China?
Should Brussels join in, the economic fallout from Project Ukraine could seem quaint, and it could contribute to shortages in the US.
Read more...How Trump Deportations Fit Into War Against American Workers
Rather than cracking down on employers exploiting immigrant labor, we’re getting an assault on unions and rendition of immigrant activist students. And an increase in H1 and H2s to further drive down wages and worker protections is likely coming.
Read more...‘You Don’t Need a Tariff, You Need a Revolution’
Chinese point out that Americans are exploited by oligarchs. But the tariffs, like it or not, are part of a radical right counter-revolution.
Read more...More on DOGE’s Fraud and Destruction
An update on DOGE’s rampage through government functions.
Read more...Who Will Pay the Highest Price for Trump’s Postal Service Privatization Push?
“Without competition from our public Postal Service, for-profit firms would jack up delivery fees on as many customers as possible.”
Read more...7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape
What is Trump trying to achieve on the economic front? Despite all the bobbing and weaving, he does have some core aims.
Read more...Michael Hudson: Return of the Robber Barons – Trump’s Inverted View of America’s Tariff History
Trump’s slash and burn tariff policy is to shrink government, gut regulation and sell off public assets to pay for his tax cuts on super rich
Read more...Trade in the Time of Trump
Trump promised in 2016 and 2024 to undo deindustrialization from globalization and free trade, with tariffs as his main tool. Can it work?
Read more...More Trump Punishment of the Poors: HHS Eliminates Office That Sets Poverty Levels Tied to Benefits for 80 Million People
Yet another Trump gutting of a whole swathe of programs, here by eliminating the experts who knew how to determine poverty thresholds.
Read more...Top Trade Expert Says Trump Tariff Pause Lays Bare ‘Just One More Con on Working People’
Do Trump’s trade flip flops, destructive to everyone save perhaps insider traders, show that he has entered a Mad Ludwig phase?
Read more...Food Banks Tighten Their Belts as Federal Cuts Keep Coming. Patrons Don’t Know Where Else to Turn.
Yet more Trump Administration cruelty: cutting support to food banks.
Read more...Christopher Lasch and the Distemper of Our Time: A Chronicle Foretold
Why Christopher Lasch, who died over 30 years ago, is the historian of our times…or perhaps our first psychohistorian?
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