Johnson: Elites Eying the Exits Signals America’s Crisis
The elites think they can hide from the pending collapse of civilization.
Read more...Category Archives: The destruction of the middle class
The Obama Administration Bails Out Private Equity Landlords at the Expense of the Middle Class: Government Guarantees for Rental Securitization
So how much did Blackstone promise to give to the Obama library for this huge grift, um, parting gift? As regular readers may recall, private equity firms piled into buying foreclosed single family homes on the belief that if the government (in this case, Fannie and Freddie) was selling, they wanted to be buying. And […]
Read more...How the Media Continues To Aid Trump
The media overinvests in covering Trump’s antics at the expense of his corporate-friendly policies.
Read more...America’s Coming Water Affordability Crisis
A symptom of pressure on water quality and supply: over 40 million American citizens may be unable to afford water in the next five years.
Read more...Consternation as Trump Starts Delivering on Campaign Promises While Making More Crazy Attacks on Critics
As with his campaign, the Trump Presidency is loutish, thin-skinned and thinly staffed, disorderly….and taking ground.
Read more...BluecollarAl on Our Divided Nation
Our nation seems more divided than ever. And that isn’t an accident.
Read more...re: F@ck Work?
Why the Job Guarantee versus Universal Basic Income is not about work, but about governance.
Read more...Bernie Sanders and Trump’s Pick for Health and Human Services Face Off on Right to Health Care
Sanders remains virtually alone among opposition leaders in being willing to take on Trump Administration policy positions.
Read more...Bill Black: Obama Loved Austerity and the New Democrats Remain Addicted to It
Black blasts Obama for prescribing austerity and presenting it as good for Americans when it is good only for financiers and the rich.
Read more...More on the Economic Hardship of Young Adults
Young adults have had a very rough go and don’t have good reason to expect their economic condition to improve much.
Read more...Does Immigration Boost Growth? A Look at Data From Around the World
Comparative data on immigration doesn’t support the tidy economists’ story that it good for growth…at least not recently.
Read more...“Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh”
Four Nobel Prize winners agree that rent-seeking is the biggest driver of rising inequality.
Read more...Lessons From the Demise of the TPP
Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]
Read more...Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market
The oh-so-clever Trump plan to use tax credits to fund infrastructure spending means it will be too small and slow to provide any real boost.
Read more...Trump’s Win: America’s Failures of Representation and Prospects for Democracy
Looking at why Trump won and the implications for his presidency.
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