Author: Gary Wilson

Unless the U.S. government promptly removes its military forces from China’s Taiwan province, China may send in its own military force to defend its territory, declared an Oct. 8 editorial in Global Times, the Communist […]

Wages are being cut by inflation — the worst round of inflation in 30 years. The dollar store is officially dead. Dollar Tree, the last of the big dollar-store chains selling items for $1 or […]

President Joe Biden said after the June jobs report: “Our economy is on the move.” Biden was referring to the Department of Labor report released July 2 which said that job growth in June was […]

The May unemployment report wasn’t much better than the April disaster.   Business news site CNBC summed it up: “Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid […]

In Capital, Karl Marx wrote about the laws of capitalism and the ruthless capitalist competition for greater profits. In the drive to increase profits, capitalists try to reduce their costs by increasing productivity through the […]

The New York Times has called the Biden presidency “an echo of Franklin Roosevelt.” Today, support for labor unions is broader and more widespread than at any time in the last five decades, including support […]

  No matter how you look at it, the Labor Department’s April jobs report is miserable — unless you’re on Wall Street. The stock market hit record highs after the report was released. Business Insider […]