In bygone days of American prosperity, American incomes rose with productivity. It was the real growth in American incomes that propelled the US economy.
In today's America, the only incomes that rise are in the financial sector that risks the country's future on excessive leverage and in the corporate world that substitutes foreign for American labor. Under the compensation rules and emphasis on shareholder earnings that hold sway in the US today, corporate executives maximize earnings and their compensation by minimizing the employment of Americans.
The Economy Is A Lie, Too
When Russia launched its full scale invasion of Ukraine in 2022, the international condemnation from Europe...
Later this month, on the holiday of Purim, Jewish people will dress in silly costumes, eat...
Amid the immense confusion surrounding the US strikes on Venezuela, the seizure of the president, Nicolás...
On Monday, August 6, 1945, after six months of intense firebombing of 67 other Japanese cities,...
