Steve Hochstadt: Researchers on the economics of happiness have recently concluded that more money leads to more happiness only up to an income of about $75,000 per year. After that, increases in income seem to make little difference in daily happiness.
Planned Obsolescence ix years ago we paid about $700 for a new KitchenAid dishwasher. Since then, we’ve spent considerably more than that getting it repaired. Each repairman (and they’ve all been men) who came to our house told us the same thing: most of today’s appliances are junk. Both the workmanship and the parts are […]
RJ Eskow: The Democratic president, virtually all of his party’s senators, and both its presidential candidates now say they want to expand benefits. An idea that was widely dismissed when it was proposed by Bernie Sanders is now the Democratic position.
Walter Brasch: The homeless live beneath bridges, in subway tunnels, on the streets, or if the shelters aren’t filled, in protected areas with cots for beds, and grocery carts for what few possessions they have.
Joseph Palermo: The deeper pattern here points to the unchecked and malevolent corporate forces that have used their political power to get away with destroying labor unions, chopping up the social safety net, bilking consumers on health care, education, housing, and other essentials, and destroying the environment.
Bill Raden: Top executive pay has ballooned by 997% over the past 36 years. Since 2010, the average pay ratio of CEOs to median worker pay has ranged between 354-to-1 to 204-to-1, with Discovery Communications CEO David M. Zaslav topping the charts with a pay ratio of 1,951-to-1. Exorbitant CEO Salaries
Rosemary Jenkins: All of a sudden, we received a notice in the mail that my husband’s policy would be cancelled once he reached the age of 84 even though we were always on time with our payments and had paid on it for years.
Richard Eskow: Americans work more hours than citizens of any Western European country, a burden that keeps them away from their families, friends, and personal activities.
Robert Burrowes: Individuals who engage in dysfunctional behaviours, ranging from accumulating excess wealth to inflicting violence, do so because they are very frightened that one or more of their vital needs will not be met.
Ellen Brown: “Print the money” has been called crazy talk, but it may be the only sane solution to a $19 trillion federal debt that has doubled in the last 10 years. The solution of Abraham Lincoln and the American colonists can still work today.
Mark Dempsey: Yet we’re only short of money when it comes to climate remedies, funding schools, or grandma’s pension. But government just spent trillions for banks and Middle East wars without a peep from the Fiscally Responsible people.
Robert Borosage: The record 74 months of private sector jobs growth has only begun to make labor scarce enough to give workers bargaining power to lift wages.
Ellen Brown: Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.