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Posts Tagged ‘Economy’

October 13th, 2018 - 1:07 am § in Misc.

Castro on Education Versus Consumer Goods

Fidel Castro: My Life: A Spoken Autobiography Quotes shared via Kindle: “Well, I’d tell them that the consumer society is one of the most frightening, terrifying inventions of developed capitalism today in this phase of neoliberal globalization. It is disastrous, just awful, because I try to[...]

September 26th, 2018 - 11:06 pm § in Politics

Do unions help workers get higher wages?

It’s practically an article of faith that union jobs pay better. Do they? This graph (from Nate Silver’s “538” blog, based on BLS data) indicates they do. (Note: Public sector wages average more because of higher educational requirements and steady work schedules; most govern[...]

September 18th, 2018 - 12:43 pm § in Hypocrisy

Trumpism and the GOP

The GOP ain’t no more concerned with money. Just print more and more …  [...]

August 14th, 2018 - 11:36 am § in Misc.

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[...]

August 7th, 2018 - 9:52 pm § in Politics, Repugnants

Missouri voters annihilate GOP’s “right to work” law

Missouri voters overwhelmingly passed a referendum overturning a Republican-passed “right to work” law Tuesday, by more than a 2-to-1 margin. It was a major victory for labor. “Right to work” laws, which exist in 27 states, are anti-union measures that keep wages low. Read st[...]

July 11th, 2018 - 6:18 pm § in America

Inflation

What costs more, what costs less   (Click here for source, and here for interpretation assistance)[...]

June 21st, 2018 - 1:09 am § in Donald Trump, Jefferson, Repugnants

Trump Lost Our Battle For the 21st Century

Elections have consequences.   The Trumpies shine with pride when there President wave a flag or celebrates their nation;s great white heritage.  Meanwhile, we are losing, or have lost the battle for the 21st century, the battle for a 21st century of democracy in the traditions of Thomas Jefferso[...]

May 1st, 2018 - 12:56 am § in Repugnants

According to a Bank of America Merrill Lynch report in June, interest rates in developed countries, in particular America’s 0.5 percent, are now at the lowest level in 5,000 years.

    According to a Bank of America Merrill Lynch report in June, interest rates in developed countries, in particular America’s 0.5 percent, are now at the lowest level in 5,000 years. In their battle against deflation, countries such as Sweden, Switzerland or Japan have even turned to n[...]

April 9th, 2018 - 3:13 pm § in Donald Trump

No tariffs on Ivanka’s made-in-China wares

She gets a special exemption. You didn’t really think Trump would tax his own daughter, did you? Of course not! What kind of father would he be, if he did that? ?Read story here. Photo: No tariff on this! Kinda unfair to Ivanka’s competitors, but what the heck, power has its perks.  [...]

April 8th, 2018 - 10:56 pm § in Donald Trump

Peter Navarro Cooks Fake News As Economic Policy

Click the image[...]