Labor has gained since the pandemic, but corporations have been sucking up the lion’s share of those gains . . . – by New Deal democrat I neglected to add a link to my Weekly Indicators piece at Seeking Alpha on Saturday, so here it is. Also, I’ve been trying to understand why, with all of the […]
I can not say I have been exposed to any of this switcheroo as my meds are older technology. We are also on regular Medicare and not Medicare Advantage. I have a larger say with the former. Part D works mostly except the pharmacies in my area are less helpful than they were in Michigan. […]
Via Truthout comes this report from PR Watch: In a new lawsuit against the Securities and Exchange Commission (SEC), big energy extractors are pushing for carte blanche in their interactions with foreign governments, making it harder to track whether their deals are padding the coffers of dictators, warlords, or crony capitalists. The United States Chamber of […]
by Beverly Mann Thomas Hartmann writes via Truthout: Most Americans don’t realize that the idea that ‘corporations are people’ and ‘money is speech’ are concepts that were never, ever considered or promoted or even passed by any legislature in the history of America. Neither were they ever promoted or signed into law by any president […]
by Linda Beale Senators Levin and Isakson: millionaire surtax vs corporate repatriation subsidy The PBS News Hour last night interviewed Senators Levin and Isakson on the jobs bill (video and transcript available here). Isakson was first off. He sounded like a right wing sound bite machine: we’re overregulating businesses so we need a “time out” […]
Jonathan Zasloff asks at The Reality-based Community blog New Directions in GOP Political Economy Quite subtle, actually: Public-sector collective bargaining is unhealthy and distorts democracy because it enables workers to influence the government which negotiates with them; but Unlimited and secret corporate political campaign contributions are necessary to democracy because they enable corporations to influence […]
We’re used to that line by now. Ross Perot—one of the more prominent people who got rich due to government contracts—used it, Carly Fiorina and Meg Whitman are using it (while desperately hoping you don’t pay attention to how they ran Lucent/HP or eBay), and Aaron Sorkin even had Charles Grodin say it in Dave, […]
Recently there has been a claim that corporations are holding large sums of cash rather than investing it because they are fearful of Obama’s “socialist policies”. But if you compare corporate retained earnings to the GDP GAP lagged one year it looks like the debate should be over why corporations are investing so much. This […]
by Divorced one like Bush If you haven’t heard, the SCOTUS just ruled 5/4 that corporations are now your brother and sister under the constitution. Hey brother, can you spare a dime? To bad corporations didn’t have to fight in the Revolution and actually bleed to get such rights. More seriously, the court ruled that […]
Seems there is a movement afoot to do the economy one better. There will be a conference Beyond GDP held in Brussels in November. GDP is the best-recognised measure of economic performance in the world, often used as a generic indicator of progress. However, the relationship between economic growth as measured by GDP and other […]