Wall Street Journal Mystified By Public’s Sour Mood Despite “Booming” Economy
Americans are not happy despite a not at all bad economy leaving most with higher savings and pay than pre-Covid.
Read more...Category Archives: The destruction of the middle class
Shareholder Activism: Icahn Targets McDonald’s Pig Pens
Carl Icahn seeks to force McDonald’s 2012 pledge to cease to use gestation crate to confine pregnant pigs within a decade.
Read more...How Corporations Use Public School Workforce ‘Pipelines’ to Harvest Students’ Data and Train Narrowly Skilled, Exploitable Staff
A new corporate scheme: hijack vocational programs to meet narrow, immediate needs, leaving students with short shelf-life skills.
Read more...New Data: Omicron BA.2 More Contagious and Severe than BA.1, Yet Officials Committed to Relaxing Protections
[Jaws theme song] BA.2 is coming….Maybe it won’t be that terrible, but you might get out of the water.
Read more...On-Time Rent Payments Sag Amid Massive Spike in Rents
Rents are up a lot in most places in the US of any consequence. Not all tenants are keeping pace.
Read more...Resource Limits to American Capitalism & The Predator State Today
James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism
Read more...The 50 Biggest US Donors Gave or Pledged Nearly $28 Billion in 2021 – Bill Gates and Melinda French Gates Account for $15 Billion of That Total
No, you are not paranoid if you worry about the outsized influence of the Gates Foundation.
Read more...New Report: Monetary Policy Without Interest Rate Hikes
A fresh report lead authored by Nathan Tankus takes on orthodoxy monetary policy ideas and provides Modern Monetary Theory solutions.
Read more...Quelle Surprise! Covid Burden Falling Hardest on Low Income Workers…But Don’t Expect Any Help
Don’t get us wrong. We really like EPI. But a new piece on Covid’s impact on low income workers has good analysis and out of date proposals.
Read more...Why Young Workers Are Driving a Wave of Unionization
The young are again on the forefront of change, now by challenging neoliberal atomization and indoctrination by forming unions.
Read more...Inflation Paranoia Threatens Recovery
Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.
Read more...Neoliberalism Was Born in Chile. Now It Will Die There
A constitutional convention is remaking Chile to break with the model forged by murderous dictator Augusto Pinochet
Read more...The American Hyper-Focus on Individualism Makes Us Poorer, Sicker, and Sadder
Our wealth, health and happiness problems are not individual personal troubles that can be resolved by exhorting people to think or act differently.
Read more...Bad as QE Was, Unwinding It Rapidly Could Be Worse
Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...California Could Be on the Verge of Passing Single-Payer Health Care
California Assembly Bill 1400 shows that the funding math of single payer healtcare works. But does the politics?
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