Inequality

The Atlantic writer Matthew Stewart argues 9.9% of the population “takes wealth out of productive activities and invests it in walls.”

Inequality

Why has the GOP grown the Military-Industrial Complex but slashed Human Security?

H. Patricia Hynes

The US has the highest rate of maternal deaths of any industrial country & we are the “child poverty capital”

Haredim

1/3 of Israelis live in Poverty, especially Palestinians & Ultra-Orthodox

contributors

Middle East Monitor | – – Israel has one of the highest poverty rates of any developed country with the gap between the rich and the poor ever widening, the Organisation for Economic Co-operation and Development (OECD) revealed yesterday. Single-parent families or families where only one parent works have a disproportionate rate of poverty, the […]

Inequality

The last time the US enacted Punitive Tariffs it enabled the Great Depression

contributors

By Charles Hankla | (The Conversation) | – – President Donald Trump finally appears poised to make good on his promised threats to slam the door on free trade and erect walls around the country’s economy. Citing the need to protect national security, he released plans to impose tariffs of 25 percent on foreign steel […]

Donald Trump

Top 5 Economic Disappointments of the Trump Regime (so far)

Juan Cole

By Juan Cole | (Informed Comment) | – – Since Trump has decided that declining to clap for him is a form of treason, and only dictators in banana republics use that sort of diction, perhaps it is time to start speaking of the Trump regime rather than administration. And that regime rode to power […]

Banking

The Great Trump Bubble

Juan Cole

Nomi Prins | ( Tomdispatch.com) | – – There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory mood […]

Inequality

World’s Richest 1% Acquired 82% of Wealth in 2017: Report

Juan Cole

TeleSur | – – Only 42 people own the same amount of wealth as the poorest 50 percent worldwide, the report claimed. Nearly 82 percent of global wealth generated last year went to one percent of the population, while the bottom 50 percent saw no increase at all, according to a new Oxfam report that […]

Economy

The Rise and Fall of America’s Middle Class

contributors

By Jim Hightower | (Otherwords.org) | – – The middle class was built by movements — and can be rebuilt by movements. Ever since 1776, the “common yeoman” — America’s middle class — has been hailed as the virtuous heart and backbone of our nation. How ironic, since it took 150 years before we actually […]

Employment

Tunisia: Austerity Protests roil Birthplace of Arab Spring

contributors

TeleSur | – – Protests have been taking place across the North African country over the past several nights in protest against government austerity measures at the behest of the IMF. At least one person is dead and 200 people have been arrested during several nights of protests in Tunisia, according to The Guardian. Protests […]