economy

What’s Wrong With Inequality – the word?

Ban inequality – the word, the naked word, from our political rhetoric. Inequality is everywhere around us in the media sphere as well as in our day-to-day conversations. Amongst progressive folk one can drop the word like an F bomb and summon up agreeable outrage in one’s interlocutors without saying --->> read more -->>
economy

Recently Noted – “Across America, working-class people are dying of despair”

“Who Killed the Knapp Family?” by Nicholas Kristof and Sheryl Wudunn appeared in the Sunday 1/12/2020 NYTimes. This essay which is adapted from a newly published book by the same authors, Tightrope: Americans Reaching for Hope, explores the grim reality of life in one small corner of America, Yamhill, OR --->> read more -->>
Bonuses vs pay raises 1980-2108 NYTimes-01102018
free-market ideology

Stagnant Wages, New York Times, and Unions

Stagnant Wages, New York Times, and Unions The 1/10/18 NYTimes article, Where Did Your Pay Raise Go? It May Have Become a Bonus by Patricia Cohen takes note of the long term trend of corporations awarding employees bonuses instead of pay raises. Here is the story in one chart: The --->> read more -->>
political system

Trump Republican Policy Crimes (some only attempted at the moment)

Trump – Republican Positions and Crimes (some just attempted) against the poor, working and middle class Not to be obsessive, but the current Trump Republicans effort to cram their bill to pay back their corporate and rich supporters with giant tax breaks has me frothing a bit. I wrote down --->> read more -->>
books

Affirmative Action For Whites – began in the 1930s

Affirmative Action For Whites – began in the 1930s As noted here in “Creating Segregated America in the 20th Century – government in action” segregated America didn’t happen by chance nor by choice of the victims. Consistent white supremacist government action supported by private institutions created the segregation that persists --->> read more -->>
political system

Obama, Wall St. and Big Money

Edited 5/9/2017 (Originally published as “Obama and the Future of the Democratic Party”) President Obama achieved some remarkable things during his eight years. Action on income and wealth inequality were not among them. He surrounded himself, especially on the economic front, with people who had direct connections to Wall St. --->> read more -->>
No Picture
politics

Diversity and Identity Politics Is A Deadend

Progressives have to declare class war as a central strategy. Otherwise we will all be sitting at the dinner table basking in our glorious diversity with nothing to eat. For many good reasons identity and diversity have dominated our politics for decades.  Progressives celebrate its expansion and Republicans and their --->> read more -->>
economy

How Much Money Would It Take To Eliminate Poverty in the US?

This 2013 article “How Much Money Would It Take to Eliminate Poverty” (http://prospect.org/article/how-much-money-would-it-take-eliminate-poverty-america) addresses this question. The answer then was $175 billion. This is a ridiculously small number in the context of a $16 trillion GDP. As someone who is on the homeowners gravy train I was stuck by this part --->> read more -->>
No Picture
inequality

Economic Inequality – Does It Matter?

It is fairly widely known that income and wealth inequality in the US is as high or higher than at any time except perhaps the Robber Baron period at the end of the 19th century. Lots of articles and books explain how this has come about over the last 30 --->> read more -->>
No Picture
economy

Charts from Mother Jones Illustrate That the Rich Have Won the Class War

I came on a set of graphics in Mother Jones, “It’s the Inequality, Stupid: Eleven charts that explain what’s wrong with America” that illustrate what you probably already know. But, a simple refresher course in some of the reasons why the rich are rich. The 99% already have this base covered. Here are some of the --->> read more -->>
Bush Mission Accomplished on aircraft carrier
politics

Bush – the worst modern President

Since my entry this morning I have been thinking more about the Presidency and Bush. My knowledge of 19th century Presidents is a bit spotty. Certainly the names Buchanan, Pierce, Johnson and Grant pop to mind as less than top of the heap. But, for the modern era, post WW2, --->> read more -->>