Economy

2022

Key U.S. Poverty Rate Falls to Record Low

68% approve of labor unions, highest since 1965

US Inflation Hit 9.1% Over the Past Year, Highest Rate in 4 Decades

Stocks Suffer Worst First Half of a Year in More Than 50 Years

Inflation rose 8.6% in May, highest since 1981

US Facts - Total wealth among the American middle class — meaning the middle 20% of income earners — grew from an inflation-adjusted $5.4 trillion in 1990 to $10.2 trillion in 2021. However, their share of US wealth fell from 12% to 7%. 

2021

New Year Brings Minimum Wage Hikes To 21 States

Wage inequality continues to grow

Some facts about co-ops

The ratio of CEO-to-worker pay was 21-to-1 in 1965 and 61-to-1 in 1989. Today it's 351-to-1

Nearly half of American workers don’t earn enough to afford a one-bedroom rental

Americans Quitting Jobs At Highest Rate Since 2000

Working 55-hour week increases risk of death: UN

Corporate tax rates

Bankruptcies up 20%

US Suffers Sharpest Rise In Poverty Rate In More Than 50 Years

U.S. economy had its worst year since WWII, shrinking 3.5% in 2020

The Economy Does Much Better Under Democrats. Why?

Food stamp spending rose 50% last year  

11 US cities are piloting Universal Basic Income programs, with more to come 

US suffers highest rise in poverty rate in over 50 years

55 US Corporate Giants Paid $0 in Federal Taxes in 2020

Since 1978, CEO Pay Has Risen 1,322%. Typical Worker Pay? Just 18%
Average US supermarket and restaurant pay hits $15 an hour for first time

2020

Word: The American economy
Hunger in the U
S

Nearly two-thirds of Americans are living paycheck to paycheck during pandemic

Facts About Small Businesses in America

1% of Farms Control 70% of Global Farmland: Study

Economists say no evidence that unemployment benefit disincentivises work

Affordable housing resources for renters

50 Richest Americans Worth as Much as Poorest 165 Million

2019

  • Rev. Dr. William J. Barber II The 140 million poor & low-wealth people includes: 52.2% or 39 million children (below 18), 41.9% or 21 million elders (above 65), 42.6% or 65.8 million men, 45% or 74.2 million women.  60.4% or 26 million Black people, 64.1% or 38 million Latinx people, 40.8% or 8 million Asian people, 58.9% or 2.14 million Native/Indigenous people, 33.5% or 66 million white people. Poverty & low-wealth is a crisis in America.
  • 59% of Americans living pay check to pay check
  • How Canada got its lowest poverty rate in history
  • The Commerce Department announced that the country’s trade deficit last year was the biggest in US history. It’s $891 billion for merchandise, $621 billion when the service sector is added in, and $419 billion with China alone. Each is a record. The Post reports that the overall number tops the previous record of $838 billion in 2006.

2018

What a good anti-poverty agenda looks like
Aid to needy families increases, but still below 60% of poverty line
A third of renters insecure about food
Billionaires made more money in 2017 than ever
The case for economic degrowth
Finland's experiment in universal basic income
An audit of poverty in the US
Work requirements for food stamps costly and ineffective
Food stamps lead to a better life
People support "public assistance" but dislike "welfare"
The revival of the Poor People's Campaign
The anti-cash movement
Capitalism
Cooperatives
 
How to start a business cooperative
 
Corporations

Labor

Money

Media and groups
Offer additions or corrections in Comments

No comments: