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March 18, 2024

Today in 2005
Walmart agrees to pay a record $11 million to settle a civil immigration case for using undocumented immigrants to do overnight cleaning at stores in 21 states. ~ Labor Tribune

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The Next Crash
Updated On: Nov 19, 2018
Nov. 19, 2018 | ECONOMY | […] The combination of stagnant wages with most economic gains going to the top is once again endangering the economy. Most Americans are still living in the shadow of the Great Recession that started in December 2007 and officially ended in June 2009. More have jobs, to be sure. But they haven’t seen any rise in their wages, adjusted for inflation. Many are worse off due to the escalating costs of housing, healthcare, and education. And the value of whatever assets they own is less than in 2007. Which suggests we’re careening toward the same sort of crash we had then, and possibly as bad as 1929… Nation of Change
 
 
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