Whatever you may think of Bernie Sanders suspending his presidential campaign, his criticism of corporations who laud workers as heroes while refusing to pay them is spot on.
Monday, September 15, 2025
Wolf Richter: Week 9 of the Collapse of the U.S. Labor Market: Still Getting Worse at a Gut-Wrenching Pace
Thursday’s unemployment numbers show that the U.S. unemployment numbers have not yet bottomed out – and that instead, the problem is worsening at a gut-wrenching pace.
2:00PM Water Cooler 5/21/2020
Biden tinkers with campaign leadership ~ Cuomocest ~ Warren, just sad ~ Pelosi, just sad ~ Liberal Democrats and means-testing ~ “The Patchwork Pandemic” ~ Employment, leading indicators, manufacturing, housing ~ Animals return! ~ Michigan flood ~ Private equity ruins health care ~ An obituary to reckon with
Yanis Varoufakis: Have Merkel & Macron Just Announced a Eurobond-Funded Godsend for the EU?
There’s not a lot of there there in a proposed EU rescue scheme.
Brexit: Posturing and Impasse
More Brexit chest-thumping.
Sweden’s Covid-19 Experiment Looks Even Worse as Death Rate Rises, Neighbors Contemplate Cordon
More defenses of Sweden’s failed Covid-19 approach appear even as evidence of its failure mounts.
Capitalism vs. Safety, Health: An Old Story Again
A short history of the fight to make workplaces less dangerous to your health.
2:00PM Water Cooler 5/20/2020
Florida Data ~ Biden’s leftward pivot ~ Sanders 2020: Second time as farce ~ 2020 a “Blue Wave”? Lichtman’s Keys ~ Democrats proposed to subside themselves ~ Spotify to destroy independent podcasting ~ COVID19 spread by singing and shouting ~ Optimism reconsidered ~ Touch
Department of Justice, State AGs to Target Google for Antitrust Violations, WSJ Reports
WSJ reports the DOJ and various state attorneys general will soon file antitrust lawsuits against Google, but is short on legal details.
Climate Change: Hurricanes Getting Stronger; Cyclone Amphan Pummels Bengal
Study: climate change is worsening tropical storms. Cyclone Amphan is battering an India and Bangladesh locked down to slow COVID-19.
Why We Need the Human Touch in Contact Tracing for Coronavirus
Contact tracing with the human touch works better than the highly-touted app panaceas du jour – and without raising the same civil liberties concerns.
Covid-19 Straw Breaks Free Trade Camel’s Back
Multilateral trade negotiations under WTO auspices have gone nowhere since the late 1990s,, and COVID-19 may be the final straw.
2:00PM Water Cooler 5/19/2020
COVID CHART EASTER EGGS ~ BIDEN VEEPSTAKES ~ TRUMP AND HIS SWING STATE VOTERS ~ WARREN AND BIDEN SHARE A BOND ~ GDP PLUMMETS ~ SIGNS OF LIFE IN THE AIR ~ “PLANTISH” ~ ROBOT CARS RECALIBRATE EXPECTATIONS ~ CONTACT TRACING AND PROFIT ~ MAX ERNST AND THE ZEITGEIST
