The destruction of the middle class

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Why Black and Hispanic Small-Business Owners Have Been So Badly Hit in the Pandemic Recession

Published by Anonymous (not verified) on Fri, 26/02/2021 - 1:55am in

Another setback for minority communities: their business owners have taken disproportionate hits in the pandemic.

Why It’s Good for San Francisco that Rents Dropped 29% to Multiyear Low. But They Haven’t Dropped Nearly Enough Yet

Published by Anonymous (not verified) on Thu, 25/02/2021 - 9:56pm in

Rents in San Francisco have taken a beating. But they need to fall further.

Housing and the American Dream: Is A House Still a Home?

Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon.

FAIR Act: Will Congress Finally Complete the Project the CFPB Fumbled and Ban Mandatory Arbitration Clauses?

Published by Anonymous (not verified) on Tue, 23/02/2021 - 4:55am in

With the reported support of Biden, will Congress ban mandatory arbitration clauses in common consumer and employment contracts?

Sanders ‘Confident’ $15 Minimum Wage Possible Through Senate Reconciliation

Published by Anonymous (not verified) on Mon, 22/02/2021 - 10:55pm in

"Raising the minimum wage to $15 an hour is not incidental to the federal budget and is permissible under the rules," Senator Bernie Sanders says.

Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few

Published by Anonymous (not verified) on Sat, 20/02/2021 - 6:23pm in

Labor-saving advances in artificial intelligence may undo the gains from globalization and pose new challenges for economic development

Thomas Frank: YouTube Censorship and Now What’s Happening in Kansas –

Thomas Frank and Paul Jay discuss censorship by tech monopolies and changes in the political landscape of Kansas.

“Almost Cartoonish Defender of the 1%, Kathryn Wylde” Rears Her Head to Attack Plans to Tax the Rich to Save New York City

Published by Anonymous (not verified) on Thu, 18/02/2021 - 5:34pm in

The usual suspects, like Kathryn Wylde, try to defend why the top wealthy, who've made out like bandits under Covid, should not be made to share.

James Galbraith: CBO Not Competent to Assess Economics of Minimum Wage

James Galbraith slams an “unreliable” CBO report claiming that raising the minimum wage would reduce jobs.

Global Coup d’État: Mapping the Corporate Takeover of Global Governance

Why you should be very, very worried when our supposed betters start talking up the newest neoliberal Trojan horse, global governance.