Tag: U.S. Economy

Real people in the real world, those not at the top, have experienced a decade of ever greater instability, while the inequality gap of this beyond-gilded age is sure to shape a truly messy world ahead.

The Secure 2100 Act would protect and expand Social Security benefits to ensure no one retires in poverty.

The Federal Reserve alone could do the job.

What will happen if robots, AI, and automation displace a huge percentage of workers. How will there be enough consumers to buy all the goods and services produced if there is a big drop in earnings?

But poverty deniers won't look deeper, because they don't want to admit that anyone willing to work could be suffering in the richest country in the world.

There will be important opportunities in the next few years to advance the movement for economic, racial and environmental justice as well as peace.

Instead, the fracking industry has helped set new records for U.S. oil production while continuing to lose huge amounts of money – and that was before the recent crash in oil prices.

The underlying problem isn’t that Americans have been living beyond their means. It’s that their means haven’t been keeping up with the growing economy. Most gains have gone to the top.

It’s time to demand that the economic system work for all of us.

The only way to address this ultimate threat is through the sort of international cooperation that the anti-globalists fear the most, a linking of arms across the rising seas to defeat a malign global force and the powerful elite that maintains it.