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Universal Basic Income Is Easier Than It Looks

Ellen Brown The Web of Debt Blog
The pros and cons of a UBI are hotly debated and have been discussed elsewhere. The point here is to show that it could actually be funded year after year without driving up taxes or prices.

Household Debt: How the Bottom Half Bolsters the Booming U.S. Economy

Jonathan Spicer Reuters
Delinquent Auto Loans Chart The U.S. economy is booming. But the dramatic increase in jobs isn’t increasing wages and the growth in consumer spending has primarily been fueled by the bottom 60 percent of earners, who are exhausting their savings and piling up serious debt.

The Healthy D.C. Economy is Leaving Behind Longtime Black Residents, New Study Finds

Perry Stein Washington Post
Half of all new jobs in Washington, DC will require at least a bachelor's degree, although only 12.3 percent of Black residents in 2014 had graduated from college. And, now that wealthier residents have moved back to cities, rent increases have left longtime residents unable to afford their homes.

Producing Poverty: The Public Cost of Low-Wage Production Jobs in Manufacturing

Ken Jacobs, Zohar Perla, Ian Perry and Dave Graham-Squire UC Berkeley Labor Center
Much attention has been given in recent years to low-wage work in the fast-food industry, big-box retail, and other service sector industries in the U.S. The rise of low-wage business models in the service sector has often been contrasted to business models of the past, when blue collar jobs in the manufacturing industry supported a large middle class in the U.S. Recent research found that manufacturing production wages now rank in the bottom half of all jobs in the U.S.

How the US Set Sail on a Sea of Red Ink

JP Sottile Truthout
A majority of Americans struggle daily to stay afloat on a sea of red ink, perpetually threatened by wave after wave of debt. This hasn't always been the case. The phenomenon can be traced back to 1978, when the US economy was sailing into dire straits.

How the American South Drives the Low-Wage Economy

Harold Meyerson The American Prospect
Just as in the 1850s (with the Dred Scott decision and the Fugitive Slave Act), the Southern labor system (with low pay and no unions) is wending its way north.
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