If you know which House committee James Comer chairs, you might be an earlyworm.
Take February's news quiz and find out for sure.
Xbox laying off 2,000 workers because "the industry didn't grow enough" is obtuse at best.
And it ignores a simple economic reality even a toddler should be able to understand:
Infinite growth is a goddamn myth.
It’s the great collective delusion of capitalism.
An industry cannot grow year on year indefinitely.
At some point you run the fuck out of consumers.
If your business model is based on hand waving hypothetical growth, you’re either lying to us or you’re lying to yourself.
So much of what we're suffering in the US - and elsewhere - is due to the capture of income by the rich. To quote:
"How big is this elephant? A staggering $50 trillion. That is how much the upward redistribution of income has cost American workers over the past several decades.
This is not some back-of-the-napkin approximation. According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone. That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year.
Price and Edwards calculate that the cumulative tab for our four-decade-long experiment in radical inequality had grown to over $47 trillion from 1975 through 2018. At a recent pace of about $2.5 trillion a year, that number we estimate crossed the $50 trillion mark by early 2020. That’s $50 trillion that would have gone into the paychecks of working Americans had inequality held constant—$50 trillion that would have built a far larger and more prosperous economy—$50 trillion that would have enabled the vast majority of Americans to enter this pandemic far more healthy, resilient, and financially secure."
https://time.com/5888024/50-trillion-income-inequality-america/
Rep. Rashida Tlaib urges Michigan Democrats to vote against Biden in the primary (Alexandra Marquez/NBC News)
https://www.nbcnews.com/politics/2024-election/rep-rashida-tlaib-urges-michigan-democrats-vote-biden-primary-rcna139360
http://www.memeorandum.com/240217/p38#a240217p38
You know, there are enough technology writers to follow that don’t write pithy and callous dunks on innocent folks and children being blown to pieces or buried in their homes.
The article quoted isn’t “about phone and internet service” and John knows that. My disgust is not a matter of conflicting opinions on the Hamas/Isreal conflict. This post is ghoulish and I’ve happily bailed on his feeds.