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 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 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 | Dec 22, 2017 | • Politics, Donald Trump, Economics & The Economy, Jobs
Trump Promised to Protect Steel. Layoffs Are Coming Instead. In 2008, before the financial crisis struck, the plant ran around the clock. Now, the mill coughs to life just five days a week, for eight hours at a time. The machines shovel 10-ton steel slabs into a...
by J. Jerrald Hayes | Dec 17, 2017 | • Politics, Economics & The Economy, Income Inequality, Jobs
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by J. Jerrald Hayes | Oct 22, 2017 | • Politics, Capitalism, Democracy, Economics & The Economy, Education, Health Care, Income Inequality, Jobs
Harvard Business School: The U.S. Political System Has Been ‘Hijacked’ – The Intellectualist A new case study by Harvard Business School asserts that U.S. politicians have rigged the system to such a degree that the U.S. is becoming a failed...
by J. Jerrald Hayes | Oct 21, 2017 | • Politics, Economics & The Economy, Income Inequality, Jobs, Tax Policy
Yes, Bank Of America (Merrill Lynch) really did say that and yet these people in the top 1% want us to believe that giving corporations a tax break will result in more and/or better-paying jobs for the rest of us (and not just bigger dividend checks to the company...
by J. Jerrald Hayes | Oct 20, 2017 | • Politics, Donald Trump, Economics & The Economy, Income Inequality, Jobs, Tax Policy
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by J. Jerrald Hayes | Sep 7, 2017 | Economics & The Economy, Income Inequality, Jobs
Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class – Evonomics Inequality By Michael Hudson The One Percent have found a pressing need for the services of mainstream economists To paraphrase Mark Twain, everyone complains about...
by J. Jerrald Hayes | Aug 17, 2017 | • Politics, Donald Trump, Economics & The Economy, Jobs
Meet Trump Idiot ‘Brad.’ Brad Just Got Humilated On MSNBC Mansplaining ‘Economy.’ If you know ONE THING about MSNBC anchor Stephanie Ruhle, it is that she came to TV news directly from Wall Street. If you know more things about her, you are...
by J. Jerrald Hayes | Jul 31, 2017 | • Politics, Economics & The Economy, Income Inequality, Jobs
Joseph Stiglitz Says Standard Economics Is Wrong. Inequality and Unearned Income Kills the Economy – Evonomics Capitalism By Joseph Stiglitz The rules of the game can be changed to reverse inequality In the middle of the twentieth century, it came to be believed...
by J. Jerrald Hayes | Jul 26, 2017 | • Politics, Economics & The Economy, Income Inequality, Jobs
…A secure middle class is the cause of growth, not its effect; in fact, our economy cannot reach its full potential without it. And a middle class that lives in constant fear of falling out of the middle class isn’t truly middle class at all. From 1950 through...
