By Michael Walden | – Fears are growing that the new coronavirus will infect the U.S. economy. U.S stocks are headed for their worst week since the 2008 financial crisis; companies including Apple and Walmart have been warning of potential sales losses from COVID-19 and the Centers for Disease Control and Prevention told Americans to […]
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Employment
No Trump ‘Blue Collar Boom’: 1/2 of Americans work Low-Wage Jobs and Manufacturing is in Decline
(Otherwords.org) – Trump is counting on the working class he’s betraying most aggressively. Can the left get out of affluent suburbia and back to its roots? By Peter Certo | February 5, 2020 There’s an image burned into my brain from childhood: the graffitied train tracks along the intersection of Fifth and Patterson in downtown […]
Renewable Energy Employed 11 Million People last Year, 8% Growth Forecast
In the US, “The Bureau of Labor Statistics projects that wind turbine technician jobs will be the second-fastest-growing occupation through 2026
Is Trump’s trade war saving American jobs – or killing them?
by Jeffrey Kucik | – With the U.S.-China trade war intensifying, there is a lot of talk about whether tariffs save American jobs – as President Donald Trump claims – or destroy them. On May 14, for example, Trump said his tariffs helped save the U.S. steel industry. Whether or not that’s true, many economists […]
80% of Workers live Paycheck to Paycheck, and Federal ones are no Different
The percentage of U.S. households that have zero or negative wealth increased from 15.5 percent in 1983 to 21.2 percent today.
Plummeting Tourism to US, costing $10 bn., blamed on Trump Slump
TeleSur | – – Some in the travel industry attribute the decline to something they call the “Trump slump.” Travel to the United States has declined. While some in the [$244 bn.] tourist industry are asking why, others are pointing their fingers squarely at U.S. President Donald Trump. The U.S. National Travel and Tourism Office […]
Tunisia: Austerity Protests roil Birthplace of Arab Spring
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 […]
When Companies Deny Climate Science, Their Workers Pay
General Electric doubled down on coal. Now, 12,000 workers are paying the price.
How GOP Tax Bill’s assault on Universities will Devastate US Economy
By Benjamin J. Cohen | (The Conversation) | – – With the Senate’s passage of the “Tax Cuts and Jobs Act,” President Donald Trump seems close to notching his first legislative victory – a huge tax cut for the 1 percent. All that remains is the need to reconcile the Senate bill with the version […]