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...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...Gaming out some likely Trump scenarios.
Read more...Uber has a bad week.
Read more...Felony indictments of managers promise some accountability in the Flint Water Crisis. Will this extend up the political chain of command?
Read more...Rising student loan defaults by older borrowers leads some to see Social Security benefits garnished, pushing some below the poverty line.
Read more...Do elite-serving claims that technological change is a big driver of the rise in inequality hold up to scrutiny?
Read more...Offshoring is about the rush to cheap labor, not about automation and new technology.
Read more...The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.
Read more...Yes, Virginia, more education for the lower orders really does pay off.
Read more...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...Social Security is on the chopping block. Get the word out.
Read more...The Democrats abandoned the working classes long ago and like an abusive spouse, never thought their victims would leave them.
Read more...Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?
Read more...A wide-ranging interview by Michael Hudson on the mind games that economists play.
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