Category Archives: The destruction of the middle class

Lessons From the Demise of the TPP

Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]

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Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market

The oh-so-clever Trump plan to use tax credits to fund infrastructure spending means it will be too small and slow to provide any real boost.

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Can Uber Ever Deliver? Part Six: Latest Data Confirms Bleak P&L Performance While Stephen Levitt Makes Indefensible Consumer Welfare Claims

More on Uber’s questionable prospects and the dubious defenses offered by boosters, in this case, “Freakonomics” professor Stephen Levitt.

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Wolf Richter: New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said)

Lambert here: I blame Putin. By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Originally published at Wolf Street Hardly any improvement for individuals since the Great Recession. When Donald Trump campaigned on how “terrible” the jobs situation was, while the Obama Administration touted the […]

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