Millennials are constantly in the news in America, but some people are unsure what the term comprises. I thought a brief briefing was in order: The millennial generation is defined by the Pew Research Center as those born between 1981 and 1996. In 2018 this group became Americs’s largest voting-age group, supplanting the baby boomers. …
I received an email asking me to sign a petition to demand that Senator McConnell allow a vote on reopening the government. This is part of what the writer wrote: “Stop blocking the will of the people! The U.S. House has passed a bill to reopen the government, so the Senate should be allowed to …
The widening of the racial wealth divide has coincided with the extreme concentration of U.S. wealth. The wealthiest 0.1 percent of households have grown richer while millions of families face poverty and deep-seated economic insecurity. The median American family saw their wealth drop 3 percent between 1983 and 2016, while the richest 0.1 percent have …
Continue reading ‘American inequality – this house may not stand for long’ »
You can tax the wealthiest more without ruining the economy. This assessment comes from the International Monetary Fund and shatters the neoliberal shibboleth that increasing taxes on the top 1% would hurt growth. The IMF’s experts found that between 1985 and 1995, redistribution through the tax system offset 60% of the increase in inequality caused …
Britain on Tuesday: May lost by over 400 votes! The rolling, roiling disaster gets worse by the day. Lack of forethought, bullying, and downright ignorance rule the day! Epicurus would advise me to calm down, to be philosophical, to assume all will eventually settle down and rationality will be restored. It is possible that he …
Continue reading ‘Brexit: my most instant, heartfelt posting ever’ »
