My response: These are two different assertions. Of course workers have the right to strike, just as corporations have a right to squeeze their employees. This push-and-pull is intrinsic to a capitalist, free market, economy.
Category: Renewables – Business
Trickle-Down Economics
All true. Yet we have neither the interest nor the capacity to turn this around. Progressives would like to see a tax schedule that looks like what we had between the end of World War II and Reagan’s inauguration, but …
Tagged with: trickle down economics
Why the U.S. Donates Money to Foreign Countries
It’s not a matter of “guts” or “nerve.” It’s a matter of understanding the justification of foreign aid. This comes from a reader who doesn’t seem to get that the United States derives a great amount of benefit from foreign …
Tagged with: national security
Understanding Americans’ Financial Distress
Maybe you’re wondering why “no one wants to work anymore,” or how it’s possible that 60% of Americans are living paycheck-to-paycheck. I hope this helps.
Tagged with: Understanding Americans' Financial Distress
Demise of the Middle Class
I was chatting with an old friend yesterday, a retired internal medicine physician, who brought up the subject of the extremely large and ever-growing gulf between rich and poor, how it’s ruining American society. As we see at left, this …
Tagged with: demise of the middle class
Let the Market Call the Shots Wherever Possible
Perhaps environmentalists are cheering over the news presented here. But why use the power of government to accomplish something that the market itself would have implemented? Are there people in France whose TGV trains run at 220 mph who want …
Tagged with: environmentalists are cheering
Tax Policies
Conservatives like this metaphor, because they don’t have a problem ignoring U.S. history and the unprecedentedly high standard of living that Americans had after World War II, when the tax rates for corporations and wealthy individuals were 90%. Until Reagan …
Elon Musk, Eternally in the Media
Lots of gratifying and actually amusing things in the news, none the least of which is the utter mess Elon Musk is making of Twitter. I have to say that essentially everything I’ve predicted about Musk has been wrong. Make …
Tagged with: Elon Musk
The Terrifying World of Elon Musk
I’m amazed to find legitimate, intelligent environmental activists support Elon Musk because of the role he’s playing in forwarding the cause of electric transportation. Let’s imagine a world where both the energy and the transportation sectors have made great progress …
Tagged with: decarbonization
Economic Challenges to Today’s World
Record corporate profits, inflation, sub-living wages, COVID, declining educational standards, jobs moving overseas, virtually no unemployment, and the rise in automation replacing human labor. These are some of the macro-economic factors that make life so tough for us today. Then …
