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Many millennials are worse off than their parents -- a first in American history

Many millennials are worse off than their parents — a first in American history

On paper, it looks like Scott Larsen is doing better than his father was at the same age. But he’s not even close. The chances of him buying a home are very slim. The system currently extracts all the borrowing potential from the millennials through student loans that could have gone towards … Continue reading Many millennials are worse off than their parents — a first in American history

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Joseph Stiglitz on private-equity impact on US economy, jobs, wages

Joseph Stiglitz on private-equity impact on US economy, jobs, wages

Private equity’s excesses should be reined in, and the Stop Wall Street Looting Act is a good place to start, says economist Joseph Stiglitz. It’s time for Congress to do something about the economic mess that private-equity giants have created. Source: Joseph Stiglitz on private-equity impact on US economy, jobs, wages – … Continue reading Joseph Stiglitz on private-equity impact on US economy, jobs, wages

US life expectancy has declined for the third year in a row - Business Insider

US life expectancy has declined for the third year in a row – Business Insider

According to new research, the average American’s life expectancy has once again gone down, despite the nation’s billion-dollar health care system. And the cause appears to be the worsening inequality. Source: US life expectancy has declined for the third year in a row – Business Insider Continue reading US life expectancy has declined for the third year in a row – Business Insider

When a deep red town’s only grocery closed, city hall opened its own store. Just don’t call it ‘socialism.’

When a deep red town’s only grocery closed, city hall opened its own store. Just don’t call it ‘socialism.’

Baldwin, Fla., opens town-run grocery store after becoming a food desert. The Baldwin Market is indistinguishable from any other small-town grocery store, but all of its eight employees are on the municipal payroll. Workers from the town’s maintenance department take breaks from cutting grass to help unload deliveries, and residents have taken … Continue reading When a deep red town’s only grocery closed, city hall opened its own store. Just don’t call it ‘socialism.’

Oil And Gas Giants Spend Millions Lobbying To Block Climate Change Policies | Forbes

Oil And Gas Giants Spend Millions Lobbying To Block Climate Change Policies | Forbes

A recent report from InfluenceMap claims that the world’s biggest oil and gas companies spend $200 million every year to weaken and oppose legislation aimed at fighting global warming. Source: Forbes – Oil And Gas Giants Spend Millions Lobbying To Block Climate Change Policies [Infographic] Continue reading Oil And Gas Giants Spend Millions Lobbying To Block Climate Change Policies | Forbes