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Saturday, October 24, 2020

The Wages Of Perpetual Fear

Authored by Paul Rosenberg via FreemansPerspective.com, I’ve gone on for a long time about fear making humans stupid, and even about it being a weapon and a brain poison. But I’ve also wondered at times whether people would hit fear-fatigue... that point where people have simply had enough fear and walk out from under it.…

Trump Vows Expansion of Pro-American Worker Agenda as Biden Offers Flooded Labor Market

President Donald Trump is vowing to expand his pro-American worker agenda through more immigration restriction as Democrat presidential candidate Joe Biden offers a vision for a flooded labor market with increased foreign competition. This week, Trump unveiled his second-term agenda, which mimics his 2016 agenda of economic nationalism, immigration in the national interest, and bringing…

NY Times: Trump’s Halting of J-1 Visa Drives Up Wages, Benefits for Au Pairs

Getty Images President Trump’s halt of the J-1 visa program — where upper-middle-class and wealthy households are able to import cheap, foreign au pairs — is driving up wages and benefits for au pairs already in the United States, a report reveals. Last month, Trump expanded an existing executive order to halt the H-1B, H-4, H-2B, L-1,…

Blue Collar American Men Fall Out of Labor Force at Highest Rate in 20...

The labor force participation rate among working class, native-born American men has hit a  20-year low, research shows. Center for Immigration Studies (CIS) researchers Steven A. Camarota, Jason Richwine, and Karen Zeigler reveal in newly released research that the labor force participation rate for native-born American men without a bachelor’s degree has continued to decline since at least…

Big Business Complains of Labor Shortage, High Wages While 22M Americans Out of Work

Big business and Big Agriculture is complaining of labor shortages and high wages while the Chinese coronavirus crisis has spurred mass unemployment with at least 22 million Americans out of work. While unemployment among Americans climbs to record levels, with now at least 22 million out of work in the last four weeks, employers who…

NYT: Black Workers’ Wages ‘Are Finally Rising’ After ‘Decade of Stagnation’

Eva Hambach / AFP / Getty The New York Times reported Friday morning that African American workers are seeing their wages rise for the first time after a “decade of stagnation,” further evidence of the strength of the U.S. economy. The Times report came as the U.S. Bureau of Labor Statistics reported that the economy created 225,000…

Study: Bernie Sanders’ Wealth Tax Would Shrink U.S. Economy and Lower Wages

Senator Bernie Sanders plan to tax the wealth of some of America’s richest families would add new revenue for the government at the cost of shrinking the economy, lowering wages, and reduce capital formation in the United States, according to a new analysis from University of Pennsylvania’s Wharton School Budget Model. Sanders, a leading candidate for…

Munro: Cornell Study Shows Stagnant Wages Hurting Marriage in U.S.

Fewer women get married when fewer men earn a decent salary in an unstable economy, says a study from Cornell University. “Most American women hope to marry but current shortages of marriageable men—men with a stable job and a good income—make this increasingly difficult, especially in the current gig economy of unstable low-paying service jobs,”…

Report: California’s Middle-Class Wages Rise by 1 Percent in 40 Years

Middle-class wages in progressive California have risen by 1 percent in the last 40 years, says a study by the establishment California Budget and Policy Center. “Earnings for California’s workers at the low end and middle of the wage scale have generally declined or stagnated for decades,” says the report, titled “California’s Workers Are Increasingly…

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