-
44 votes
-
The trillion-dollar grift: Inside the greatest scam of all time
26 votes -
Report - The increasing return of legal child labor to the US economy
Child labor is making a comeback with a vengeance. A striking number of lawmakers are undertaking concerted efforts to weaken or repeal statutes that have long prevented (or at least seriously...
Child labor is making a comeback with a vengeance. A striking number of lawmakers are undertaking concerted efforts to weaken or repeal statutes that have long prevented (or at least seriously inhibited) the possibility of exploiting children.
Take a breath and consider this: the number of kids at work in the U.S. increased by 37% between 2015 and 2022. During the last two years, 14 states have either introduced or enacted legislation rolling back regulations that governed the number of hours children can be employed, lowered the restrictions on dangerous work, and legalized subminimum wages for youths.
Iowa now allows those as young as 14 to work in industrial laundries. At age 16, they can take jobs in roofing, construction, excavation, and demolition and can operate power-driven machinery. Fourteen-year-olds can now even work night shifts and once they hit 15 can join assembly lines. All of this was, of course, prohibited not so long ago.
Legislators offer fatuous justifications for such incursions into long-settled practice. Working, they tell us, will get kids off their computers or video games or away from the TV. Or it will strip the government of the power to dictate what children can and can’t do, leaving parents in control — a claim already transformed into fantasy by efforts to strip away protective legislation and permit 14-year-old kids to work without formal parental permission.
In 2014, the Cato Institute, a right-wing think tank, published “A Case Against Child Labor Prohibitions,” arguing that such laws stifled opportunity for poor — and especially Black — children. The Foundation for Government Accountability, a think tank funded by a range of wealthy conservative donors including the DeVos family, has spearheaded efforts to weaken child-labor laws, and Americans for Prosperity, the billionaire Koch brothers’ foundation, has joined in.
Here is a Robert Frost poem related to the subject of the article. https://www.poetryfoundation.org/poems/53087/out-out
I'm GenX and I worked as a teen, but my earliest jobs were babysitting, not industrial labor.
54 votes -
US Supreme Court strikes down President Biden's student loan forgiveness: Now what?
117 votes -
A Delaware city is set to give corporations the right to vote in elections
28 votes -
US President Joe Biden can probably forgive student debt even if Supreme Court of the United States rules against him
28 votes -
Why are US red states hiring so much faster than blue states?
7 votes -
The high-wire drama of raising the US debt ceiling is making headlines again. Is there a better way? Perhaps Denmark has the answer.
5 votes -
Joko Widodo wants local governments to ditch Visa, Mastercard
4 votes -
The Biden-Harris administration's US student debt relief plan
35 votes -
The new US Income-Driven Repayment system could cause some big problems
7 votes -
Inflation reduction act explained by Hank Green
7 votes -
Right-wing think tank Family Research Council, a staunch opponent of abortion and LGBTQ rights, joins growing list of activist groups seeking church status to shield themselves from financial scrutiny
6 votes -
US to erase student debt for those with severe disabilities
15 votes -
Wolin, on his coined 'inverted totalitarianism' and the motivations of citizens under it
3 votes -
Trump Organization charged in fifteen-year US tax scheme. Longtime CFO Allen Weisselberg was also charged with evading taxes on $1.7 million of income.
12 votes -
What the rich don’t want to admit about the poor
26 votes -
Taxing consumption progressively is a better way to tax the wealthy
8 votes -
No one knows how much the government can borrow
14 votes -
All a gig-economy pioneer had to do was “politely disagree” it was violating US Federal law and the Labor Department walked away
8 votes -
When capitalists go on strike
5 votes -
How a $17 billion US bailout fund intended for Boeing ended up in very different hands
4 votes -
Florida votes to raise minimum wage to $15 an hour
21 votes -
Wisconsin denies Foxconn tax subsidies after contract negotiations fail
12 votes -
The FinCen Files: Thousands of secret suspicious activity reports offer a picture of corruption and complicity - and how the government lets it flourish
11 votes -
How to think about the deficit by James Tobin
6 votes -
LVMH backs out of $16.2 billion acquisition of Tiffany, citing US threats of tariffs on French goods. Tiffany has filed a lawsuit to enforce the agreement
6 votes -
US Labor Department employment report shows unexpected improvement, but recovery could still take years
7 votes -
How Germany saved its workforce from unemployment while spending less per person than the US
12 votes -
US taxpayers' virus relief went to firms that avoided US taxes
12 votes -
America’s only public bank, the Bank of North Dakota, is number one in saving small businesses
10 votes -
What will it take to prevent a new Great Depression in the USA? Around $10,000,000,000,000 (ten trillion dollars).
9 votes -
The lessons of the Great Depression
8 votes -
Tax change in US coronavirus package overwhelmingly benefits millionaires, congressional body finds
14 votes -
US President Donald Trump removes Inspector General overseeing $2 trillion coronavirus relief package days after he was appointed
12 votes -
Exective branch non-compliance with law
5 votes -
Nancy Pelosi aims to move fast on next US rescue package
6 votes -
Trump says he will not allow federal inspection over bailout funds
17 votes -
The stimulus bill includes a tax break for the 1%
13 votes -
Stop the coronavirus corporate coup
10 votes -
US President Donald Trump says he could demote Federal Reserve chair Jerome Powell, risking more market turmoil
6 votes -
The twenty-year argument between Joe Biden and Elizabeth Warren over bankruptcy, explained
10 votes -
Covid-19 could mark the end of affluence politics in the USA, as the possibility of a global pandemic reveals the inability to make and distribute the things people need
21 votes -
‘Now is the time’: A Federal Reserve official urges Congress to plan for recessions
7 votes -
For the first time in US history, a decade will pass without the country falling into a recession
13 votes -
The great American tax haven: Why the super-rich love South Dakota
7 votes -
Why Americans hate taxes, and why some people want them to
12 votes -
Yang vs. Warren: Who has the better tax plan?
14 votes -
Alaska’s universal basic income problem
19 votes -
A young mayor makes the case for a guaranteed income
11 votes