Republican and Democrat politicians, plus the Media brain trust, are missing the catastrophe coming from the $600-a-week Covid-19 unemployment compensation supplemental benefit for all 50 states. In the ivory tower of statistic worship and technocratic analysis, the supplement makes sense. When millions lose jobs, unemployment insurance only covers about $400 average per week. With overtime, … Continue reading Why work, when millions can earn much more staying home, collecting $600 plus average $400 state unemployment check
Business-beholden members of Congress are falsely boasting that their 2017 tax law has been responsible for less unemployment and slightly higher hourly wages. They praise themselves and President Donald Trump for cutting corporate rates from 35% to 21%, eliminating most taxes on dividends and capital gains, doubling the exemption for inheritance tax, and dropping the … Continue reading Higher wages, more jobs not from Trump pro-business economy; instead credit goes to DOL for overtime exempt rule change
Two big lies have been fed to the American worker by media, think tanks and politicians: Raising the minimum wage to $15 only helps entry-level and very young workers. An increased minimum wage to $15 leads to fewer jobs and closed businesses. The first claim is usually presented as: Only 542,000 American workers are at … Continue reading Pains of poverty from slave pay are just ignored by politicians; Elite class uses phony arguments to fight $15 minimum wage
http://www.youtube.com/watch?v=PTW-TDBKLDw A Montana coal miner's daughter recently found herself the honored guest of King Willem-Alexander at the Royal Palace in the Netherlands. It was a case of the guest being better-known than the host, despite title and wealth. Barbara Ehrenreich, Ph.D, who researched and wrote the best-selling Nickel and Dimed: On (Not) Getting By in … Continue reading Nickels, dimes and dreams – author urges that all workers be fairly valued for their time and effort
Why do we put up with nearly 750,000 pending immigration cases, where many detainees are forced into private jails for months, awaiting a ponderous bureaucracy to decide their fate? Let's follow the money... An entire industry has grown up around detainees, from employment for lawyers and judges, to nonprofits raising money for jazzy executive salaries. … Continue reading ICE use of private prisons is another example of our make-a-buck Congress and WH losing public trust
Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition. Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, … Continue reading CNN, Paul Ryan, Cato, NY Times, Paul Krugman, Heritage – one establishment voice against tariffs
Alan Greenspan, former Federal Reserve chairman, current hubby of Andrea Mitchell (Hillary Clinton's talking head at NBC), and long-time member of the Trilateral Commission, has a big problem Populism! Al isn't mad at the "pop" in pop-out-of-the-cake by some former girlfriend, like Barbara Walters. He sees a dangerous "pop", the worst kind - the … Continue reading Banker elite Alan Greenspan is 90 and fabulously wealthy. Why he wants to cut your Social Security.
British Labor Party leader Jeremy Corbin is starting a campaign against inequality that should be emulated by all (five, ten?) American politicians not controlled by big business. “One proposal is pay ratios between top and bottom, so that the rewards don’t just accrue to those at the top,” he said. “Of the G7 nations only … Continue reading British want to fight inequality – it’s worse here!