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Posts Tagged ‘Economy’

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[...]

March 14th, 2018 - 12:19 am § in Misc.

While US Muddles Along at 2.5%, Canada’s Economy Soars at 4.6%

Canada’s economy continued its hot streak in May, riding broad-based growth led by a surge in oil output, beating already high market expectations and setting off another wave of buying in the high-flying Canadian dollar. Statistics Canada reported that Canada’s real gross domestic product jum[...]

February 10th, 2018 - 9:53 pm § in Politics, Repugnants

Tax cuts per $1000 by income level

Using data from this chart (click here for source), the average tax cut per $1000 of income is: If your income is $10,000 or less, then $1 per $1000 of income. If your income is $20,000, then $2.50 per $1000 of income. If your income is $30,000, then $6 per $1000 of income. If your […][...]

January 26th, 2018 - 10:42 am § in Misc.

THE Ave .. State of the Union Speech: The Emperor vs Luke?

So next Tuesday we will have two very different State of the Unions speeches, one by our bizarre President and one by the grandson of John Kennedy.  This looks like a scenario from the ultimate Star Wars prequel!  The Emperor vs Luke? If you leave partisanship behind, the US is a lot of trouble. N[...]