Gary Wilson – Page 40

Bosses lie about ‘labor shortage’ to keep wages low

June 9, 2021 Gary Wilson

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 […]

Karl Marx: Capitalism produces unemployment

June 6, 2021 Gary Wilson

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 […]

Unemployment benefits owed to every worker

May 15, 2021 Gary Wilson

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 […]

The boom isn’t happening: Jobs report shows unemployment worsening

May 10, 2021 Gary Wilson

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 […]

U.S.-Japan statement threatens China with nuclear weapons

April 18, 2021 Gary Wilson

On April 16, U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga, the first foreign leader to visit the Biden White House, issued a joint statement lashing out at China. The statement, which covers […]

Korean missile launches are for self-defense

March 28, 2021 Gary Wilson

U.S. President Joe Biden said at his first major news conference that North Korea was a top foreign policy crisis for his administration, and that Washington would “respond accordingly” if Pyongyang continued to carry out […]

GameStop mania: The real losers in Wall Street gambling

February 3, 2021 Gary Wilson

How crazy is the stock market? The stock of the totally bankrupt Blockbuster Video chain store — all stores closed in 2014 — surged more than 700% on Jan. 26. The stock of AMC, the […]

Trump and the Pentagon in coup attempt

January 14, 2021 Gary Wilson

Make no mistake about it: Trump and the Pentagon played key roles in the Jan. 6 coup attempt at the Capitol in Washington, D.C. The Pentagon was deeply involved. Members of the U.S. military, both […]

Wall Street’s New Year’s party: Dancing on the backs of poor workers

January 4, 2021 Gary Wilson

“Wall Street sets new highs to end 2020,” the Associated Press reported on Jan. 1, 2021. “Wall Street closed out a tumultuous year for stocks with more record highs on Thursday, a fitting coda to […]

Spies are going to spy. Five questions on the so-called Russian hack

December 24, 2020 Gary Wilson

“Russian Hackers Broke Into Federal Agencies, U.S. Officials Suspect,” was the Dec. 13 New York Times headline on a report by David Sanger. U.S. Sen. Dick Durbin said the hack is “virtually a declaration of […]