Forget machines taking over the world—corporations have beaten them to it

Posted by & filed under Liberal Dribble.

Here’s another measure for the corporations-over-people trend: In the third quarter of 2012, corporate profits were the highest percentage of the national income they’ve been since 1950, while personal income was around its lowest point since 1966. As if massive income and wealth inequality among individuals wasn’t enough. Don’t look to corporations to give a… Read more »

Mr. President, Don’t Forget: Imports Create Jobs, Too

Posted by & filed under Uncategorized.

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Photo credit: Newscom Trade is again on President Obama’s agenda thanks to some high-profile mentions in his State of the Union address last Tuesday. According to the President, the proposed Trans-Pacific and Transatlantic Partnerships should boost exports and create American jobs. Exports, however, are only one side of the coin. Free trade also boosts imports…. Read more »