Ilargi: 2017 – Where the Truth Lies
‘Respectable’ news outlets have been feeding their readers ‘fake news’ for years now. 2017 will see changes in the offing, as we downsize.
Read more...Category Archives: The destruction of the middle class
A Battle Over American-Made Products Is Looming and Republicans Are in the Middle of It
Why “Buy American” is going to be a tough sale for Trump.
Read more...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 […]
Read more...I Correct Schumer Fudging What Medicare Privatization Would Mean and He Pretends He Was Being Honest All Along
Chuck Schumer’s nose is getting so long that he needs to get a hacksaw. That does not not bode well for the Democrats standing up to Trump.
Read more...Tom Engelhardt: The Future According to Trump
Gaming out some likely Trump scenarios.
Read more...Uber’s Woes Mount: California Strips Driverless Cars’ Registration, Losses Rise, VAT Charges Loom
Uber has a bad week.
Read more...Flint Water Crisis: Michigan AG Pursues Felony Indictments Against Former Emergency Managers
Felony indictments of managers promise some accountability in the Flint Water Crisis. Will this extend up the political chain of command?
Read more...Student Loan Crisis Increasingly Snares Seniors’ Social Security Benefits
Rising student loan defaults by older borrowers leads some to see Social Security benefits garnished, pushing some below the poverty line.
Read more...Is Technological Progress Behind Growing Income Inequality?
Do elite-serving claims that technological change is a big driver of the rise in inequality hold up to scrutiny?
Read more...CNN Host’s Attempt to Explain the U.S. Economy Was So Bad I Started Yelling at the TV
Offshoring is about the rush to cheap labor, not about automation and new technology.
Read more...Uber, Gig Economy: “The Brutality of the System Is Being Lost on Those Who Actually Use These Apps”
The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.
Read more...Investment in Early Childhood Education Yields Substantial Gains for the Economy
Yes, Virginia, more education for the lower orders really does pay off.
Read more...Bill Black: White Collar Crime Will Have a Field Day Under Trump
In this Real News Network segment, Bill Black describes why elite banksters will have a free hand if Trump gets his appointees through. Although Black focuses here on just departed Goldmanite Gary Cohn, the Democrats ought to put up a pitched battle over another Goldman alum, Steve Mnuchin, Trump’s Treasury Secretary nominee. Mnuchin is unqualified […]
Read more...GOP Plans to Gut Social Security
Social Security is on the chopping block. Get the word out.
Read more...Bill Black: After 30 Years of Throwing Working People Under the Bus, Democratic Party’s “Centrist” Leaders Remain Clueless About Voter Revenge
The Democrats abandoned the working classes long ago and like an abusive spouse, never thought their victims would leave them.
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