by J. Jerrald Hayes | Nov 12, 2018 | Economics & The Economy, Income Inequality
They Don’t Just Hide Their Money. Economist Says Most of Billionaire Wealth is Unearned. – Evonomics Inequality By Didier Jacobs The concentration of wealth from rent-seeking The 62 richest people in the world own as much wealth as half of humanity. Such...
by J. Jerrald Hayes | Oct 24, 2018 | • Politics, Economics & The Economy, Income Inequality
A disturbing analysis of the growing inequality in this “great country” by the American economist and winner of the Nobel Prize in Economics in 2001 Joseph Stiglitz. The American Economy Is Rigged Americans are used to thinking that their nation is...
by J. Jerrald Hayes | Oct 7, 2018 | • Politics, Donald Trump, Economics & The Economy, Income Inequality, Jobs
West Virginia poverty gets worse under Trump economy, not better West Virginia has a growing poverty problem, and experts there who study the issue say Americans in every state should pay attention. The Appalachian state is, along with Delaware, just one of two states...
by J. Jerrald Hayes | Aug 4, 2018 | • Politics, Economics & The Economy, Income Inequality
Jeff Bezos’s $150 Billion Fortune Is a Policy Failure Noncompete agreements are another tool Amazon and other big companies use to suppress the costs of labor and to bolster their bottom lines, to the benefit of major shareholders. Amazon’s contracts have...
by J. Jerrald Hayes | Aug 4, 2018 | • Politics, Donald Trump, Economics & The Economy
White Americans support welfare programs – but only for themselves, says new research Donald Trump’s administration recently decided to give $12 billion to farmers hurt by the president’s trade war against the European Union, China and various other...
by J. Jerrald Hayes | Jul 14, 2018 | • Politics, Donald Trump, Economics & The Economy, Income Inequality, Jobs, Tax Policy
Inflation hits 6-year high, wiping out wage gains for the average American Prices rose at their highest clip since 2012 over the past year, the Labor Department reported Thursday. The 2.9 percent inflation for the 12-month period ending in June is a sign of a growing...
by J. Jerrald Hayes | May 18, 2018 | Economics & The Economy, Income Inequality
Historically, Income Inequality Is Known As A Destroyer Of Civilizations – The Intellectualist Getting to the point of your book, you argue that if people want to address income inequality, they shouldn’t be blind to the fact the only policy that has...
by J. Jerrald Hayes | May 17, 2018 | Economics & The Economy, Income Inequality, Jobs
The 9.9 Percent Is the New American Aristocracy The class divide is already toxic, and is fast becoming unbridgeable. You’re probably part of the problem. For about a week every year in my childhood, I was a member of one of America’s fading...
by J. Jerrald Hayes | Mar 22, 2018 | • Politics, Donald Trump, Economics & The Economy
Donald Trump adds $1 trillion to national debt in 14 months President Trump has now amassed his first $1 trillion in debt, crossing that ignominious mark late last week – and analysts said it’s just a taste of what’s to come after the tax-cuts and...
by J. Jerrald Hayes | Mar 18, 2018 | Economics & The Economy, Income Inequality, Jobs
America’s ‘Retail Apocalypse’ Is Really Just Beginning The so-called retail apocalypse has become so ingrained in the U.S. that it now has the distinction of its own Wikipedia entry. The industry’s response to that kind of doomsday description...
by J. Jerrald Hayes | Mar 16, 2018 | • Politics, Economics & The Economy, Income Inequality, Tax Policy
Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion Yet shareholders, not workers, are far bigger direct winners from the Tax Cuts and Jobs Act of 2017. American companies have lavished Wall Street with $171 billion of stock buyback announcements so far...
by J. Jerrald Hayes | Mar 2, 2018 | • Politics, Economics & The Economy, Income Inequality
Written back in 2010, it is still true today… Why Nobody Wins Unless Everybody Wins Most people who know me know that I’m a devoted Bruce Springsteen fan. I’ve spent more than 30 years listening to his music, attending his live shows (more than 100...
