Category Archives: The destruction of the middle class

Michael Hudson Discusses the Federal Reserve and the Global Fracture

Explaining how the Federal Reserve and central bank policies like QE, saved the banks at the expense of wrecking the real economy.

Dean Baker Exposes How CBO Cooks Inflation Forecasts to Promote Deficit Scaremongering

Yet more funny forecasts from the CBO telling you why you can’t have nice things, like a better job market.

How Many Flints? America’s Coast-to-Coast Toxic Crisis

Flint is just the tip of the iceberg of lead poisoning in America.

It’s Not Just TPP. Can a President Kill NAFTA? Al Gore Thought So. Hillary Clinton Too.

Given what Hillary and Gore have said about Nafta, it’s time to ask candidates much more pointed questions about Nafta and the TPP.

Paul Craig Roberts on Michael Hudson’s Killing the Host

An introduction to Michael Hudson and his latest book.

Clinton Campaign Goes on Tilt as a Result of Dead Heat With Sanders in Iowa

The Clinton campaign is on the back foot. And it is a spectacle to behold.

Gaius Publius: A Non-Neoliberal Woman President Is Not One of the Choices

Hillary as a neoliberal is not your friend….unless you are a member of the 1% or on their meal ticket.

Flint: Let Them Drink Pollution?

Why the crisis in Flint, Michigan is about race and class, and the American nightmare of metastasizing inequality of wealth and power.

Are Economists in Denial About What’s Driving the Inequality Trainwreck?

Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties.

Former BIS Chief Economist Warns of Massive Debt Defaults, Need for Debt Jubilee; Fingers Europe as First in Line

Even though the former chief economist of the BIS calls for a debt jubilee, it’s only part of the medicine needed to get the economy out of the ditch.

Bill Black: Wall Street Declares War Against Bernie Sanders

The attacks on Sanders from Wall Street are getting ever more shrill….about time the felt some heat.