There is a busy schedule waiting for Congress when they get back from summer vacation. Some in the GOP still want to do something on health care, but in the short term they have to raise the debt ceiling, they have to pass a budget or a continuing resolution and they want to do tax…
The Economic Problem, Illustrated (Infographic)
The brilliant infographic (via FJP) relates specifically to the US economy, however similar graphics could be made for nearly every western industrialized country. Actually it only represents half of the problem. The first part of the problem is that all that ‘labor saving technology’ has saves a whole-lot of labor. If wages and salaries had…
The Economic Problem, Illustrated (Infographic)
The brilliant infographic (via FJP) relates specifically to the US economy, however similar graphics could be made for nearly every western industrialized country. Actually it only represents half of the problem. The first part of the problem is that all that ‘labor saving technology’ has saves a whole-lot of labor. If wages and salaries had…