The Oligarchs’ Coup in Michigan

rick snyder

Joseph Palermo: With the stroke of a pen Michigan Governor Rick Snyder reduced the earning potential of millions of people, lowered the quality of the state’s schools and government services, and set up the next fiscal crisis when, lo and behold, they discover that low-wage workers have little means to pay taxes adequate to meet the basic needs of the state.

Slouching Toward a Lousy Recovery at Best

Recession

Robert Reich: The people who are suffering the most from the failure of public officials and the greed of large bankers are the least able to endure it. Unemployment among people with four-year college degrees is barely over 5 percent; among high-school dropouts it’s over 25 percent.

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