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American wages are so low, the robots don’t want your job

By Underground | July 27, 2017

The Case for Continued Expansionary Policy at the Fed, a new paper from the Roosevelt Institute, economist JW Mason argues that the real problem is that all economic growth is captured by … Continue reading American wages are so low, the robots don’t want your job

Only 0.1% of US minimum wage workers can afford a 1-bedroom

By Underground | July 26, 2017

The plight of low-wage workers is real. The percentage of American full-time minimum-wage workers who can afford to rent a one-bedroom apartment in any U.S. state without being what the government calls … Continue reading Only 0.1% of US minimum wage workers can afford a 1-bedroom

Traces of Controversial Herbicide Are Found in Ben & Jerry’s Ice Cream

By Underground | July 25, 2017

The ice cream brand joins the list of food companies that are grappling with trace amounts of glyphosate in their products. And this is from a company trying to distance themselves from … Continue reading Traces of Controversial Herbicide Are Found in Ben & Jerry’s Ice Cream

Senate Republicans vote to open debate on repealing and replacing Obamacare

By Underground | July 25, 2017

Key step toward healthcare reform passes thanks in part to John McCain’s return, but shape of final legislation and chances of success remain unclear. Source: Senate Republicans vote to open debate on … Continue reading Senate Republicans vote to open debate on repealing and replacing Obamacare

Insurance Company’s Profit Indicates Obamacare Isn’t Dead

By Underground | July 25, 2017

Centene, one of the largest insurance companies offering coverage under the Affordable Care Act, defied Republican talking points with its tidy profit. Source: Insurance Company’s Profit Indicates Obamacare Isn’t Dead Continue reading Insurance Company’s Profit Indicates Obamacare Isn’t Dead

U.S. Inflation Remains Low, and That’s a Problem?

By Underground | July 24, 2017

The Federal Reserve is struggling to hit its annual inflation target for the sixth straight year, suggesting that, once again, it may be too optimistic about the health of the economy. There … Continue reading U.S. Inflation Remains Low, and That’s a Problem?

The U.S. spends more on healthcare than any other country — but not with better health outcomes

By Underground | July 18, 2017

The U.S. spends more on healthcare than other countries with similar economic status, yet its health outcomes are worse in many ways. These graphics show how. Countries with largest per capita healthcare … Continue reading The U.S. spends more on healthcare than any other country — but not with better health outcomes

Thousands of Student Loans Could Be Wiped Away Due to Missing Paperwork

By Underground | July 18, 2017

Thousands of people who have private student loans and haven’t been paying them on time may get an unexpected gift—their loans may be wiped away. $12B worth of student loans could be … Continue reading Thousands of Student Loans Could Be Wiped Away Due to Missing Paperwork

The bitcoin and blockchain: energy hogs

By Underground | July 17, 2017

The digital world is taking more and more space in our lives… and dramatically increasing electrical use. It’s a serious problem given the urgent need fight climate change. In a 2014 study, … Continue reading The bitcoin and blockchain: energy hogs

AT&T’s ‘support’ for net neutrality means tricking customers to fight against it

By Underground | July 13, 2017

Tricky, tricky. From a commenter in Reddit: IrishSniper87 They know they look bad if they argue against net neutrality, so they make it seem like they promote net neutrality while arguing against … Continue reading AT&T’s ‘support’ for net neutrality means tricking customers to fight against it

10 charts that show the effect of tuition fees

By Underground | July 8, 2017

Tuition fees have become a political battleground. But what’s been their impact? Comparing countries that provide free college education to countries that charge, you see that poorer children are the ones that … Continue reading 10 charts that show the effect of tuition fees

The World Doesn’t Mooch Off U.S. Health-Care Research

By Underground | July 6, 2017

There’s no way that spending on innovation accounts for America’s ruinously high medical costs. US health care costs are world’s highest because of waste, or greed, not because of spending so much … Continue reading The World Doesn’t Mooch Off U.S. Health-Care Research