Ludwig Institute for Shared Economic Prosperity calculates how many Americans are unable to afford the basic necessities of life. "The unemployment data, as it's put out, has some flaws," LISEP chairman Gene Ludwig told CBS MoneyWatch. "For example, it counts you as employed if you've worked as little as one hour over the prior two weeks. So you can be homeless and in a tent community and have worked one hour and be counted, irrespective of how poorly-paid that hour may be." read more
There's a lot of compelling evidence that we're on the slide towards idiocracy. It's all around us, right here on this site.
It's always interesting when a Republican says what many other Republicans are thinking, out loud. read more
If China simply ignores intellectual property rights, do they even need the US anymore? With much cheaper product available from the Chinese, will the world even need the US anymore? I think the Chinese may be playing chess, while Trump plays tic-tac-toe.
In an attempt to strengthen his populist base, Trump is considering letting his previous tax cuts expire to eliminate taxes on tips.
After my wife retired early (against my advise as her job provided our health insurance, our agreement was that she would work until she was 65, so we'd both be eligible for Medicare), we ended up with insurance from the exchange. When we signed up we were under the impression that the plan would be as good as the insurance she had from her employer. It is nowhere close. We ended up with a ------ United Healthcare plan that has a much higher deductible, larger copays, and premiums that rival most mortgages.
Now it also appears that national level politicos (both parties) are going to undermine Medicare. So when we're finally eligible for that, it's likely to suck as well. At the rate it's going, unless you're really wealthy in the US, elderly healthcare will probably bankrupt you.
US healthcare causes FAR more bankruptcies than anywhere else in the rest of the developed world. ..All for profits and greed.