Earlier today, White House Press Secretary Sarah Sanders asserted her boss has created more jobs for blacks in 17 months than President Obama did in 8 years. She was specific: “700,000 new jobs for African-Americans, only 195,000” under Obama. “But,” says CNN, “thatR[...]
Archive for August 14th, 2018
NBC News: Jerome Corsi is behind QAnon
NBC News reported Tuesday night that Jerome Corsi, the rightwing flamethrower who “swift boated” John Kerry’s 2004 presidential bid, is one of three people behind QAnon, a rightwing group notorious for circulating preposterous conspiracy theories, including the infamous “Pizz[...]
Labor’s shrinking share of GDP, 1947-2016
The U.S. economy has grown over the last half-century, but most of the gains have gone to the top 10%, and inflation-adjusted wages have been stagnant since 1970. Back then, labor got about 60%, and capital 40%, of what the economy produced. Today, those figures are reversed. This trend has gone han[...]