by Tara Watson Williams College EconoFact “Relative to the late Bush and early Obama eras, the Trump administration removed a modest number of immigrants from the nation’s interior.” One would not think such was true. Apparently and as in other instances, the numbers say differently. Keep in mind this report is from 2021. It does give detail on the differences between Customs and Border Patrol (CBP) and Customs Enforcement (ICE). Immigrant...
Read More »Cutting the Retiree Social Security Tax
This does not make sense. Between Fund payouts and Social Security, we were well below $100,000. After deductions and expenses (mortgage, property tax, donations, etc.) our income taxes were very small. We set a side 7% of our SS for taxes and we had plenty left over. We are not the poorest and definitely not the richest. If we follow Trumps suggestion, we will be favoring the very rich getting Social Security. The ones who can afford to pay....
Read More »Kroger Posts Massive Profits Amid Price Gouging Outcry and Merger Push
More on Kroger push to merge Albertsons into its array of stores. This comes after Appollo Funds and Cerberus Capital Management have milked it for $billions. The $24.6 billion deal[1], largely benefiting Albertson’s private equity owner Cerberus Capital Management, is seen by many as a maneuver to maximize investor returns rather than to provide tangible benefits to consumers or workers. Appollo owns $1.75 billion in Albertson’s preferred stock....
Read More »Under Each of the Last Three Presidents, oil and gas production was higher at the End of Their term than the Beginning
When you read this, pay attention to who is funding who for the presidency. It is surprising and it is not surprising. We have heard this person who longs to be a president again and people still support this person? The energy companies backing are profit and control mongers. They see an opportunity and they are preparing for when and if Trump becomes President. Under a President Kamala Harris, they would still be profitable. They would also...
Read More »Withdraw!
At https://www.c-span.org/video/?538053-1/simulcast-abc-news-presidential-debate under racism/racial identity @ ~120 mins. Donald J. Trump Per transcript: I DON’T KNOW. ALL I CAN SAY IS I READ WHERE SHE WAS NOT BLACK THAT SHE PUT OUT… I WILL SAY THAT. AND THEN I READ THAT SHE WAS A BLACK AND THAT IT’S OKAY PETE EITHER HOME IS OKAY WITH ME. THAT IS UP TO HER THAT IS UP TO HER. What he said: … I read where she was black . . . that she...
Read More »New Deal democrats Weekly Indicators for September 9-13
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The imminent likelihood of a Fed rate cut has continued to drive rates down to new 12-month lows (which is good for things like mortgages in particular). Meanwhile consumer spending as measured weekly is also near 12 month highs, which is also very good. As usual, clicking over and reading will bring you up to the virtual moment as to all the categories of economic...
Read More »Not Enough to Shrink the Pay Gap with Other College Graduates
Teacher pay rises in 2023 by Sylvia Allegretto Economic Policy Institute Just offering up a portion of an EPI report on Teacher’s Earnings Public school teachers attaining a bachelor’s degree to teach in the U.S. do not make similar wages as what other similarly degreed people in other fields. There is a pay gap between the disciplines and gender. The EPI report compares the pay of public-school teachers with the pay of college graduates...
Read More »Violence Against Women Act was signed into law by Bill Clinton 30 years ago September 13
Still an important issue today which never seems to be totally resolved. Some good examples given by Robert Reich. Friends, The Violence Against Women Act was signed into law by Bill Clinton 30 years ago today, on September 13, 1994. At the time, I was secretary of labor in the Clinton administration. The Act seeks to protect women against men who are typically physically stronger and often possess resources and status that women do not. As...
Read More »Manufacturing Jobs: Unions Made Them Good, Not the Factories
by Dean Baker CEPR The effort to bring back manufacturing jobs has been a major theme in the 2024 election. Both parties say they consider this a high priority for the next administration. However, there is a notable difference in that the Biden-Harris administration has actively supported an increase in unionization, while the Republicans have indicated, at best, neutrality if not outright hostility towards unions. This distinction is...
Read More »More of Louis DeJoy’s Foulups with the USPS
USPS Shuts Out Wyomingites Who Want To Comment On Rural Delivery Plan People trying to sign up to comment on the latest U.S. Postal Service proposal that would impact rural delivery in much of Wyoming are finding themselves shut out after a barely publicized deadline to register for Thursday’s virtual meeting passed. The U.S. Postal Service had announced it won’t hold a second in-person forum for people to comment on its latest plan to cut $3...
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