The destruction of the middle class Archives - Page 115 of 203

Michael Hudson: Trump is Obama’s Legacy. Will this Break up the Democratic Party?

The Democratic Party will keep losing as long as it remains the party of “no hope or change” for the 95%.

Competition From China Reduced Innovation in the US

Reduced innovation is another reason to question using China as America’s outsourced manufacturer.

The Mechanical Turn in Economics and Its Consequences

A historical discussion of the fondness of economics to envision economies as machines.

Is Trump Going to Punt on H-1B Visa Reform?

The lack of updates from the Trump Administration about H-1B reform suggests it will miss a key window of opportunity.

Will Amazon Destroy More US Jobs Than China?

Why Amazon will destroy a lot more jobs.

Race to the Bottom: Cities and States Spend >$45 Billion Per Year Competing for Jobs

The Wall Street Journal published an important story on how states and communities throw money at companies via tax incentives and other gimmies in a desperate effort to win or hold jobs. These subsidies are a big drain on government budgets: Economic-development tax incentives more than tripled over the past 25 years, offsetting about 30% […]