by J. Jerrald Hayes | Dec 8, 2019 | • Politics, Barak Obama, Donald Trump, Economics & The Economy, Jobs
Trump didn’t transform the economy – it’s mostly the same as it was under Obama By President Trump has not transformed the U.S. economy for the better, as he promised he would. It has not “exceeded expectations,” as he claimed in a speech...
by J. Jerrald Hayes | Dec 5, 2019 | Economics & The Economy, Income Inequality, Jobs
The great American labor paradox: Plentiful jobs, most of them bad The numbers tell one story. Unemployment in the US is the lowest it’s been in 50 years. More Americans have jobs than ever before. Wage growth keeps climbing. People tell a different story. Long...
by J. Jerrald Hayes | Dec 3, 2019 | Economics & The Economy, Income Inequality, Jobs
Almost half of all Americans work in low-wage jobs Almost half of U.S. workers between ages 18 to 64 are employed in low-wage jobs, the Brookings Institution found. Low-wage jobs are pervasive, representing between one-third to two-thirds of all jobs in the...
by J. Jerrald Hayes | Dec 2, 2019 | Economics & The Economy, Income Inequality
Massive History of Inequality Study Hints That Revolution is in Store for U.S. There’s a common thread tying together the most disruptive revolutions of human history, and it has some scientists worried about the United States. In those revolutions, conflict...
by J. Jerrald Hayes | Nov 11, 2019 | • Politics, Economics & The Economy
Why Radical Libertarians Are the New Communists – Evonomics Commentary By Nick Hanauer and Eric Liu A toxic strand of a political ideology Most people would consider radical libertarianism and communism polar opposites: The first glorifies personal freedom. The...
by J. Jerrald Hayes | Nov 9, 2019 | Economics & The Economy, Income Inequality, Jobs
A minimum-wage worker needs 2.5 full-time jobs to afford a one-bedroom apartment in most of the US Many minimum-wage workers can’t even afford a modest one-bedroom apartment, according to the National Low Income Housing Coalition’s annual report. The...
by J. Jerrald Hayes | Nov 9, 2019 | Economics & The Economy, Income Inequality
The worship of billionaires has become our shittiest religion One billion dollars is a huge amount of money. Indeed: One billion dollars is such a huge amount of money, that there has recently emerged a whole sub-genre of images specifically designed to help us get...
by J. Jerrald Hayes | Oct 13, 2019 | • Politics, Economics & The Economy, Income Inequality
Escaping Poverty Requires Almost 20 Years With Nearly Nothing Going Wrong After divvying up workers like this (and perhaps he does so with too broad of strokes), Temin explains why there are such stark divisions between them. He focuses on how the construction of...
by J. Jerrald Hayes | Jul 9, 2019 | • Politics, Economics & The Economy, Income Inequality
by J. Jerrald Hayes | Jun 23, 2019 | • Politics, Economics & The Economy, Income Inequality
Forget China – it’s America’s own economic system that’s broken | Robert Reich US weakness is inbuilt – the big 500 companies owe loyalty only to themselves and the public is shut out from...
by J. Jerrald Hayes | Jun 2, 2019 | • Politics, Economics & The Economy, Income Inequality
Incompetent, rich people are more likely to get ahead than smart people with no money By In the course of her career and research into workplace behavior, Nicole Jones Young has noticed that some managers recognize the work of the loudest, most confident and,...
by J. Jerrald Hayes | Jun 1, 2019 | • Politics, Economics & The Economy, Income Inequality, Jobs
The article is from the summer of 2015 but geez it is still relevant today in 2019! Raising the Minimum Wage is only the Beginning… If you want to tackle poverty; but first lets discuss what raising the minimum wage would do. Low income workers spend the...
