Tag: Retirement

Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More

Tina Marie (Ms. Cat)

We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

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[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump

David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’

Feinstein

Tina Marie (Ms. Cat)

Feinstein

Lot of credit here goes to Katie Porter for breaking the barrier where no real leading California politician would dare challenge her. When it was clear to Feinstein’s backers, since I doubt she even really understands the situation at this point, that she was going to have to run in a real primary next year, they naturally backed away.

Also, Dianne Feinstein has been a terrible senator from Day 1. Literally any Democrat from California will be better.

While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

Tina Marie (Ms. Cat)

“Our research shows just how far railroad executives will go to funnel record profits to their shareholders—even if that means stagnant wages, inhumane attendance policies, and throwing our supply chain into further turmoil,” said one Groundwork Collaborative analyst.

While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

H/T: Unorthodox Truth

Biden’s approval dips to lowest of presidency: AP-NORC poll

Tina Marie (Ms. Cat)

President Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party.

Only 39% of U.S. adults approve of Biden’s performance as president, according to the poll from The Associated Press-NORC Center for Public Research, dipping from already negative ratings a month earlier.

Overall, only about 2 in 10 adults say the U.S. is heading in the right direction or the economy is good, both down from about 3 in 10 a month earlier. Those drops were concentrated among Democrats, with just 33% within the president’s party saying the country is headed in the right direction, down from 49% in April.

Biden’s approval dips to lowest of presidency: AP-NORC poll

America Is Headed for Class Warfare + More

Tina Marie (Ms. Cat)

Nothing has revealed the class divide in the U.S. quite like runaway inflation and skyrocketing gas prices. But in addition to the economic impact the staggering incompetence of the Biden administration is having on the working class, there is a political one; it’s undeniably driving working class voters even further from the Democrats and toward the GOP.

America Is Headed for Class Warfare

Related:

“Workers aren’t getting bailed out like the billionaires”: Detroit workers livid over surging gas prices

“It’s just really hard to live”: Chicago workers describe impact of surging food and gas prices

When Anthrax vaccine became mandatory for the military in 1998 some refused and left the service + Military anthrax shots caused many reactions, prompted some pilots to quit

Tina Marie (Ms. Cat)

When Anthrax vaccine became mandatory for the military in 1998 some refused and left the service

Pentagon statements had noted that about 350 troops refused the anthrax shot between 1998 and 2000; at least 36 of them were “court martialed and hundreds left the service to avoid the vaccine,” the outlet reported. Another 149 service members “were forced out” from 2000 to 2004.

Related:

GAO: Military anthrax shots caused many reactions, prompted some pilots to quit

The survey indicated that 85% of troops who received an anthrax shot had an adverse reaction, a rate far higher than the 30% claimed by the manufacturer in 2000, when the survey was conducted. Sixteen percent of the survey respondents had either left the military or changed their status, at least in part because of the vaccination program.