In One Chart: How economic inequality is killing us
“Self-destruction isn’t a bug, it’s a feature of our socio-economic system,†writes Charles Hugh Smith of the OfTwoMinds blog. In other words, the widening chasm between the rich and the poor is killing us. Not in a spiritual way. Literally......»»
The House just passed a bill designed to strengthen worker rights. Here"s an astounding chart showing how the death of the union worsened economic inequality.
Mark Rightmire/MediaNews Group/Orange County Register via Getty Images The House voted on Thursday to pass one of the most sweeping pro-worker bills in decades, but it's likely dead on arrival.....»»
Dollar Stores Dominate US Retail Store Openings
Dollar Stores Dominate US Retail Store Openings The wildly uneven US economic recovery since the virus pandemic began in early 2020 has given rise to dangerous levels of inequality, otherwise known as the "K-shaped" recovery. .....»»
$4 Trillion Economic Stimulus
Biden’s $4 Trillion Economic Plan, in One Chart Source: New York Times This is a pretty big deal, and its hard to judge if it is being recognized as such. i am going down the rabbit holes to see what.....»»
In One Chart: Debt markets getting the memo on the path of likely Fed rate hikes
This chart shows market players are less concerned now about the path of expected future rate increases from the Federal Reserve than a month ago, even as the U.S. economic outlook brightens......»»
JPMorgan CEO Jamie Dimon says the US faces 7 major hurdles to economic growth, including high healthcare costs and income inequality
"Fixing America's problems is going to take hard work," the CEO of the US' largest bank by assets wrote in his annual sharehold.....»»
So This Is How The US Dollar Dies...
So This Is How The US Dollar Dies... Authored by Michael Snyder via The Economic Collapse blog, Our leaders are killing the U.S. dollar, and it is being done to thunderous ap.....»»
Demand For Used Private Jets Takes Off During Pandemic
Demand For Used Private Jets Takes Off During Pandemic In a troubling sign that economic inequality continues to widen in the pandemic recess.....»»
2020 was the worst year for economic growth since World War II
New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»
2020 was the worst year for economic growth since the Second World War
New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»
The economic prospects of rich and poor Americans had long been diverging. The pandemic finally completed the break.
The pandemic worsened inequality so much it will take a decade for lower-income Americans to recover. .....»»
In One Chart: As the U.S. stock market surges in 2020, inequality has soared to a record high
As stocks staged a huge rebound from their lows in March, when the coronavirus pandemic threw the economy into recession, the gap between the wealthy and the poor extended a widening trend to historic proportions......»»
A huge study of 50 years of tax cuts for the wealthy suggests "trickle down" economics makes inequality worse
Cutting taxes boosts incomes for the wealthy "but has little effect on economic performance,".....»»
Job or health? Restarting the economy threatens to worsen economic inequality
Efforts to quickly restart economi.....»»
Next Avenue: Working from home, the great divide: Why coronavirus is a double whammy for older workers
The pandemic highlights the economic consequences of widening inequality in the U.S......»»
Job or Health? Restarting the Economy Threatens to Worsen Economic Inequality
WASHINGTON — Efforts to quickly restart economic activity risk further dividing Americans into two major groups along socioeconomic lines: one that has the power to control its exposure to the.....»»
De Blasio picks wife to lead economic restart plan
tapped the city's brain trust from labor, government and real estate, as well as his own wife, to come together to reopen New York's economy with a focus on fixing inequality. " we="" have="" to=""... To view the full story, click the title link......»»
Charts show how the pandemic has hit global economic activity
The coronavirus has spread to 185 countries and territories — infecting more than 2.7 million people and killing over 190,000 globally, according to Johns Hopkins University......»»
This Chart Shows E-Commerce Winners, Losers During Coronavirus Pandemic
The coronavirus is not entirely indiscriminate in claiming economic victims: some companies seem much more immune than others. L.....»»
Latest on the spread of coronavirus around the world
Hundreds of millions of people faced a world turned upside down on Wednesday by unprecedented emergency measures against the coronavirus pandemic that is killing the old and vulnerable and threatening prolonged economic misery......»»
Right now, the hottest economic battles are over the minimum wage and income inequality. But in 10 years we could be fighting over data inequality.
Sarinya Pinngam / EyeEm/ Getty Images Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the "Pitchfork Economics" podcast with Nick Hanauer. They recently inter.....»»