Is US Policy Saving the Dollar or Destroying It?
How the global economy is being restructured, in no small measure due to inept, self-destructive policy moves that undermine dollar use in trade.
Read more...Category Archives: The destruction of the middle class
The First Year of Georgia’s Medicaid Work Requirement Is Mired in Red Tape
How Georgia’s Medicaid work rules are operating as planned.
Read more...Can We Afford the Welfare State?
Unpacking why the obstacle to preserving the welfare state is not national income or demographics but rentiers increasing their take.
Read more...Official US Poverty Rate Declined in 2023, but More People Faced Economic Hardship
The arguably better official measure of US poverty says the poor are getting poorer.
Read more...The Persistent Human Costs of Deindustrialization: Lessons from the Collapse of the British Coal Industry
Deindustrialization has terrible consequences to the communities suffering from shut-downs, including future generations.
Read more...Wall Street Journal Tries to Analyze Not-Great Data on US Immigration, Generating Reader Pushback
An attempt by the Wall Street Journal to mine data on immigration falls short by not providing strong enough caveats.
Read more...Naked Capitalism’s Skunk Party Manifesto Finds a Home in the New Kentucky Party
The Skunk Party Manifesto explained how the best political system money can buy is great for its customers and lousy for the rest of us
Read more...This Labor Day, Working Families’ Earned Social Security Benefits Are at Risk
A reminder that it would not be hard to “save” and even expand Social Security, save the reluctance to tax the rich a smidge more.
Read more...Will There Be a General Strike on May Day, 2028?
UAW President Shawn Fain’s call for a general strike: Background, critique, and possibilities
Read more...How Responsible Is the Rental Housing Cartel for the Explosion in Homelessness?
Since collusion in pricing and vacancy hit critical mass in 2016, homelessness has soared.
Read more...The Problem with AI
Why AI is likely to have more limited use than boosters anticipate, particularly in replacing professionals like teachers and accountants.
Read more...Rob Urie: Kamala Harris is the New Face Being Put on America’s Wars
An unvarnished assessment of what a Kamala Harris presidency would amount to.
Read more...Why Poverty Reduction Under Capitalism Is a Myth
A full-throated critique of the claim that capitalism benefits the poors.
Read more...On the Distortions and Distractions of the Democratic National Circus
A well-targeted rant about the offensive shallowness and neglect of concrete material needs of voters that the Democratic Party now embodies.
Read more...Why People Stay After Local Economies Collapse − A Story of Home Among the Ghosts of Shuttered Steel Mills
Why many community members don’t leave in the face of localized collapse, and how they adapt.
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