Yesterday marked the passage of another Labor Day weekend where workers had to suffer from coercive union dues. As Richard Berman, executive director of the Center for Union Facts, noted in Detroit News: …in the last decade, union leadership has sent more
Yesterday I observed here how the 2016 race reflects American conditions in the late 1970s — also stagnant — and how the political elites are echoing President Jimmy Carter’s feckless reaction in his notorious July 15, 1979 address to the nation in which
On Monday, Donald Trump stated what is essentially a fact to anyone who follows financial markets — the Federal Reserve has created a “false economy” that has artificially inflated the stock market. Via Reuters: “They’re keeping the rates down so that everything else
About a year ago, Stan Sorscher, Labor Representative, Society for Professional Engineering Employees in Aerospace, published a frighteningly important blog at The Huffington Post (where I also blog on a regular basis) headlined “Inequality — “X” Marks the Spot — Dig Here.” It was
There’s a story in Politico today where Donald Trump says that the GOP will become a ‘workers party’ under his leadership: “Five, 10 years from now — different party. You’re going to have a worker’s party,” Trump said in the May 17 interview. “A party
FiveThirtyEight has put together a fantastic summary of how each issue should impact the 2016 campaign. Check it out here. On economics, Ben Casselman writes: Americans remain uneasy about the economy, even if they have become more sanguine in recent years. In a recent Wall Street
It’s greatly encouraging to see the GOP candidates focus more on one of the largest economic problems facing the United States: the Federal Reserve and monetary policy. On Tuesday night, we witnessed the GOP field address monetary reform as a key to economic
Last week, new data released by the U.S. Census Bureau showed inflation-adjusted median income slipping to $53,657 in 2014, a drop from the previous year and a 6.5 percent drop from 2007, the year before the Great Recession, when it was $57,300.