The overall unemployment is the lowest it’s been since the 1960s.
For women, it’s the lowest it’s been since the 1940s.
For minorities, it’s lower than any time since the government started keeping such records.
Real wages up more than 3%.
Nearly 7 million are off food stamps.
10,000 new factories have opened since he took office (after a net loss of nearly 60,000 over the prior 16 years).
Major stock indexes are up between 45% and 60%.
The U.S. is now a net exporter of oil and natural gas.
Everything that we have achieved is under threat from the left-wing ideology that demands absolute conformity, relentless regulation, and a top-down control of the entire U.S economy.
“Far-left politicians in our nation’s capital want a massive government takeover of health care; they want to give government bureaucrats domination over every aspect of your business and your life; they want to eliminate American oil and natural gas; they want to enlist us in global projects designed to redistribute American wealth and kill American jobs all over our nation.
“Washington’s Democrats and their radical agenda of socialism would demolish our economy, reinstate the avalanche of regulations that I have already ended, decimate the middle class, and totally bankrupt our nation. As long as I’m president, America will never be a socialist country.”
The documents concerned a mandatory tool that was recently installed on the Google #Chrome browser on workers’ computers, the #employees said. In October, some Google employees raised concerns that the Chrome extension was an internal #surveillance tool designed to monitor their attempts to organize protests. It would automatically report staffers who create a calendar event with more than 10 rooms or 100 participants, according to an #employee memo that outlined concerns about the tool. A Google representative said the extension was merely an attempt to reduce calendar spam.#economy #fail #news #protest
In March of 2007, the website WorldNetDaily published an article entitled “ #Environmentalism is new #communism”. In it, the former #Czech president, Vaclav #Klaus, stated: “It becomes evident that, while discussing climate, we are not witnessing a clash of views about the #environment, but a clash of views about human #freedom.” He goes on to describe environmentalism as “the biggest #threat to #freedom, democracy, the market #economy and #prosperity.” Klaus has also written a book: “Blue planet in green shackles”, in which he states “communism and environmentalism have the same roots; they both #suppress freedom.” He also warns that any brand of environmentalism calling for #centralized #planning of the #economy under the slogan of ‘ #protecting #nature’ is nothing less than a #reincarnation of communism – new communism.
The following #admission from the co-chair of the #UN #IPCC Working Group III, during an interview in #2010 with the Swiss newspaper Neue Zürcher Zeitung:
“We must free ourselves from the #illusion that international #climate policy is #environmental policy … We must state clearly that we use climate policy de facto to #redistribute the world’s #wealth.”
The documents have leaked in smaller chunks through the past year, revealing that #Facebook not only engaged in extensive lobbying against #privacy protection laws in the #EU but also considered selling access to user data.Captain Obvious told you so long time ago: "Selling user data is their #business model!"
Last August, Microsoft Japan carried out a “Working Reform Project” called the Work-Life Choice Challenge Summer 2019. For one month last August, the company implemented a three-day weekend every week, giving 2,300 employees every Friday off during the month. This “special paid vacation” did not come at the expense of any other vacation time.https://soranews24.com/2019/11/03/microsoft-japans-experiment-with-3-day-weekend-boosts-worker-productivity-by-40-percent/
And the results were pretty incredible!
First off, the reductions. Employees took 25.4 percent fewer days off during the month, printed 58.7 percent fewer pages, and used 23.1 percent less electricity in the office (since it was closed an extra day). All of these saved the company quite a bit of money.
Next, the increases. Productivity went up by a staggering 39.9 percent. That means even though the employees were at work for less time, more work was actually getting done!
#Facebook faces the task of using its #algorithms to fight #fake #news – but does it know the real #problem it’s fighting against?...
Mark #Zuckerberg’s recent testimony in US #Congress – where politicians competed to deal him the lethal rhetorical blow – doesn’t bode well for #SiliconValley. The Valley’s only savior, at this point, is the #Communist Party of #China. Only indefinite #trade #war with China will prevent US lawmakers from regulating the “strategic” tech sector; to break up the #industry would weaken #Washington’s global standing. The Trump administration is not blind to these risks.#usa #politics #trump #economy #internet #justice #law #fail #future #regulation #risk
1) Stocks are more overvalued today than they were in 1929#1929 #stock #market #collapse #history #valuation #economy #money #investment
2) Stocks fell by nearly 90% in 1929… and took decades to recover.
3) Adjusted for inflation, stocks have returned just 1.7% per year since 1929.
When it comes to keeping the lights on, tech companies with sprawling campuses like #Apple, #Facebook, and #Google have an additional leg up over their neighbors, as they can afford to develop their surroundings—and the underlying #infrastructure—to fit their needs.#usa #climate #crisis #energy #technology #economy #pge #blackout
Paul Krugman has never suffered fools gladly. The Nobel Prize-winning economist rose to international fame—and a coveted space on the New York Times op-ed page—by lacerating his intellectual opponents in the most withering way. In a series of books and articles beginning in the 1990s, Krugman branded just about everybody who questioned the rapid pace of globalization a fool who didn’t understand economics very well. “Silly” was a word Krugman used a lot to describe pundits who raised fears of economic competition from other nations, especially China. Don’t worry about it, he said: Free trade will have only minor impact on your prosperity.https://foreignpolicy.com/2019/10/22/economists-globalization-trade-paul-krugman-china/
Now Krugman has come out and admitted, offhandedly, that his own understanding of economics has been seriously deficient as well. In a recent essay titled “What Economists (Including Me) Got Wrong About Globalization,” adapted from a forthcoming book on inequality, Krugman writes that he and other mainstream economists “missed a crucial part of the story” in failing to realize that globalization would lead to “hyperglobalization” and huge economic and social upheaval, particularly of the industrial middle class in America. And many of these working-class communities have been hit hard by Chinese competition, which economists made a “major mistake” in underestimating, Krugman says.
Fast fashion makes shopping for clothes more affordable, but it comes at an environmental cost.https://www.businessinsider.com/fast-fashion-environmental-impact-pollution-emissions-waste-water-2019-10
The fashion industry produces 10% of all humanity's carbon emissions, is the second-largest consumer of the world's water supply, and pollutes the oceans with microplastics.
A senior U.S. official told CBS News national security correspondent David Martin that the #Pentagon had developed a plan that would let them keep about 200 #soldiers in eastern Syria to #help #SDF units protect #oil fields — to prevent the lucrative #infrastructure falling into the hands of ISIS militants.Source: https://www.cbsnews.com/news/us-troops-in-syria-to-iraq-mark-esper-says-today-some-may-remain-with-sdf-protect-oil-isis-2019-10-21/#
To the Kurdish fighters who battled for almost six years with U.S. forces against #ISIS, the pullout feels like a #betrayal. They were America's closest partners on the ground in #Syria, and CBS News correspondent Holly Williams personally witnessed them beating back the Islamic extremists — and laying down their lives in the #fight to do so.
The reports of a #missile #attack will almost certainly ratchet up tensions in the region, where a rivalry between #SaudiArabia and Iran has been playing out in various ways, including the seizure of a number of oil tankers and an attack on Saudi Arabia’s oil infrastructure.#war #terror #economy #news #conflict
For years, big tech companies have used huge salaries, bonuses and stock packages to lure artificial #intelligence experts out of #academia....
The talent shift could accelerate the development of artificial intelligence inside tech giants like #Google, #Microsoft, #Amazon and #Apple.#news #capitalism #economy #education #University #money #science
But at the universities the professors left, graduating students were less likely to create new A.I. companies. When they did, they attracted smaller amounts of funding, according to the study. The effect was most pronounced in the field of “deep learning,” a #technology that has become a crucial part of new A.I. systems.
The deployment of a bomb or missile doesn’t begin when a pilot pushes a button, it begins when propaganda narratives used to promote those operations start circulating in public attention. If you help circulate war propaganda, you’re as complicit as the one who pushes the button.#environmentalism #climate #justice #economy #war #money #propaganda #government #conspiracy #CIA #whistleblower
Many believe that the mass media just tell whole-cloth, outright lies all the time, but that’s not usually how it works. What they do is selectively omit inconvenient facts, disproportionately amplify convenient facts, and uncritically report on dubious government assertions. Basically they only tell the truth when it’s convenient for them, and when it’s inconvenient they are silent. Only telling the truth when it’s convenient for you is effectively the same as lying all the time, only you can get away with it a lot easier.
Any environmentalism which adamantly ignores the need for a complete overhaul of the economic system which created this mess is just feel-good PR for capitalism.
"As with many of these systems, unless the #algorithm has been trained on an extremely diverse #dataset there's a very high likelihood that it may be biased in some way, resulting in candidates from certain backgrounds being unfairly excluded and discriminated against."#Interview #work #business #economy #technology #news
So for many of us, defining ourselves as #ecosocialists is a way of distinguishing our socialism from such environmental blindness.about #carbon #taxes
Even more important, by calling ourselves ecosocialists we are saying that we don’t view the #environment as just one of many equally important concerns, just another stick to beat up #capitalism with.
Ecosocialists recognise the #global environmental crisis as the most important problem that #humanity faces in the 21st century.
However, the idea that #working people don’t care about the decay and #destruction of living conditions on earth, that they are only concerned about their pay cheques and other narrow economic issues, is both patronising and insulting.
But they will not, and should not, support #campaigns that blame them for the problems caused by #corporations and #governments.
#Activists who want to win the #working #class to the fight — and that should be all activists, since we can’t win otherwise — have to clearly show the concrete effects of #climate #change, identify the real causes, and propose changes that don’t penalise the #victims.
Raising the cost of living for people who are already struggling to make ends meet is no way to build a movement.
As #socialists, we would like everyone to recognise the capitalist system as the prime driver of environmental destruction, but we are still a minority in a world where pro-capitalist ideas dominate.
That includes the view that #consumer choices control the #economy, and that population growth as such causes environmental destruction. So we shouldn’t be surprised that many environmentalists share those views.#Umwelt #Klima #Politik #Ökosozialismus #Gesellschaft
Recently Will Steffen, one of the world’s leading scientific experts on the new epoch, wrote that “industrial capitalists of the wealthy countries, not ‘mankind as a whole,’ are largely responsible for the Anthropocene”. That is still a minority view, of course, but I think anyone who seriously and honestly studies the scientific evidence is bound to come to radical conclusions.
Mainstream economists have a religious faith in the ability of #markets to solve any problem, but like other religions, those views have little basis in reality.
So long as the world is dominated by a system based on giant corporations that constantly compete to maximise profits, and on nation states that compete to protect those profits, such a program is simply not going to happen.
The real #profit #system is a giant obstacle to environmental progress, and there will be no permanent solution so long as it reigns.
I’m a socialist precisely because I believe in the fight for humanity’s future, even in the darkest hours.