Category Archives: The destruction of the middle class

Trump Presents the Gravest Threat to Social Security in Its 90-Year History

Cuts to the Social Security Administration are cuts to Social Security. Raise hell with your Congresscritters about this looting

‘We Know What It’s Like’: How Appalachian Towns Are Learning to Help Each Other After Floods

A meant-to-be-heartening story of post-flooding recovery efforts in Appalachia: is this the coming new normal in climate-change-exposed areas?

Checking In on the Democrats’ Search for the “Good Billionaires”

What role is elite reconciliation under Trump playing in the Democrats’ silence on the looting of country? And in the meantime, where shall the rest of us turn?

New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data

Inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods.

DOGE Taketh Away From the Many as Trump Pays Off Crypto Bros With New “Strategic” Fund, Above All, Crypto Czar David Sacks

We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.

Trump and Wealth-Price Inflation: Still Running in the Background All the Time

Demand by America’s most affluent is driving consumer spending. That spending, in turn, is the main force keeping inflation so high

The Bazooka Diplomacy of Trump’s Tariffs

A look at theory and practice as far as tariffs are concerned, and what that means for Trump’s threats and plans.

“We Must Fund Oppositions Properly to Save Democracy”

The Financial Times’ Martin Wolf, like quite a few others, looks for ways to save democracy from itself, as in rule by voters.