Why So Many Americans Are Voting Against the Status Quo, in One Chart
This chart shows how much the bottom 90% has lost ground while the top 10% has pulled away.
Read more...Category Archives: The destruction of the middle class
Tom Engelhardt: How Donald Trump Reveals the March of American Authoritarianism
Trump as a symbol of an America morphing into a visibly less democratic fading empire.
Read more...Wolf Richter: What Makes This Jobs Report So Truly Ugly?
Last week’s job report was not only disconcerting in and of itself, but it also bodes ill for labor market prospects.
Read more...Our Politico Story on Why Clinton Does Not Deserve the Sanders Vote
Clinton is not interested in representing Sanders voters. They’ve gotten the memo and are acting accordingly
Read more...Hoisted From Comments: Neoliberalism Tearing Societies Apart
The true destructiveness of neoliberalism is becoming more and more apparent.
Read more...Refinancing is Dead: A Generation of Hard Times Will Continue Until Secular Real Wages Improve
Real gains by average Americans won’t come financing gimmicks but from real growth in wages. And no one in authority seems willing to provide them.
Read more...Is America Committing Slow-Motion Suicide? A Look at the Decline of CUNY
The decline of CUNY as evidence that the superrich are killing the rest of us through a slow process of attrition
Read more...Americans Increasingly Angry With Corporate Desertions via Tax Inversions
Tax inversions damage the already low credibility of Corporate America.
Read more...Inflation Targeting and Neoliberalism, Part 3
Yves here. In a bit of synchronicity, this post continues the theme of Dipherio’s podcast over the weekend on NAIRU, describing how other central banks around the world look at the issue of what inflation rate to try to achieve and why. I’m a little surprised that Epstein did not mention how the Fed kept […]
Read more...Economics for the Rest of Us Explains NAIRU, Including Its Political Implications
An explanation of NAIRU for novices, as well as a discussion of its politics.
Read more...How the Democratic Party Became Undemocratic: The History of the Superdelagates
The origin of how the Democratic party made sure its elites remained firmly in charge.
Read more...Sanders and Class Struggle in the Democratic Party
Sanders versus Democratic Party’s institutionalized corruption and domination by billionaires.
Read more...Quelle Surprise! US Big Business Prefers Clinton to Trump by 2:1 Margin
Major corporations generally prefer a former Goldwater Girl to the transgressive Trump. But will they spend enough backing her to make a difference?
Read more...After Distancing Herself From Bill Clinton’s Economic Policies, Hillary Wants Him as Mr. Economic Fix It
Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
Read more...The New York Times Bestirs Itself to Report on ObamaCare Problems Naked Capitalism Readers Have Known About for Years
Naturally, the Times suppresses any mention of single payer Medicare for All.
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