by Jeffrey Kucik | – With the U.S.-China trade war intensifying, there is a lot of talk about whether tariffs save American jobs – as President Donald Trump claims – or destroy them. On May 14, for example, Trump said his tariffs helped save the U.S. steel industry. Whether or not that’s true, many economists […]
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Employment
80% of Workers live Paycheck to Paycheck, and Federal ones are no Different
The percentage of U.S. households that have zero or negative wealth increased from 15.5 percent in 1983 to 21.2 percent today.
Plummeting Tourism to US, costing $10 bn., blamed on Trump Slump
TeleSur | – – Some in the travel industry attribute the decline to something they call the “Trump slump.” Travel to the United States has declined. While some in the [$244 bn.] tourist industry are asking why, others are pointing their fingers squarely at U.S. President Donald Trump. The U.S. National Travel and Tourism Office […]
Tunisia: Austerity Protests roil Birthplace of Arab Spring
TeleSur | – – Protests have been taking place across the North African country over the past several nights in protest against government austerity measures at the behest of the IMF. At least one person is dead and 200 people have been arrested during several nights of protests in Tunisia, according to The Guardian. Protests […]
When Companies Deny Climate Science, Their Workers Pay
General Electric doubled down on coal. Now, 12,000 workers are paying the price.
How GOP Tax Bill’s assault on Universities will Devastate US Economy
By Benjamin J. Cohen | (The Conversation) | – – With the Senate’s passage of the “Tax Cuts and Jobs Act,” President Donald Trump seems close to notching his first legislative victory – a huge tax cut for the 1 percent. All that remains is the need to reconcile the Senate bill with the version […]
Why Redneck Revolt Says Deal With Racism First, Then Economics
By Zenobia Jeffries | ( Yes! Magazine) | – – Addressing our systems of White supremacy cannot be dismissed as “identity politics.” “Our entire capitalist system is built on a bedrock of White supremacy.” Moved by the need for control, for an unchallenged top tier, the power elite in American history has thrived by placating […]
Opioid Superstorm: A Growing wealth Gap & deserted Neighborhoods
My experiences in Dayton tell me that Lack of public policy drives stagnant wages, abandoned homes and addiction
Will China’s New Silk Road jump-start the World Economy?
One Belt, One Road could help a lot of less developed countries in the Global South