Wisconsin Republicans withhold university pay raises in fight over school diversity funding +

WisPolitics

Wisconsin Republicans withhold university pay raises in fight over school diversity funding

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University of Wisconsin is shutting down in-person instruction at two branch campuses

Wisconsin Senate passes $2B tax cut package, though Evers veto likely

Evers had called on the Legislature to pass a package that included $365 million in new child care funding; a $65 million boost in University of Wisconsin funding; $200 million to pay for a new engineering building at UW-Madison; $243 million to create a new 12-week family medical leave program for Wisconsin workers and millions more for workforce education and grant programs.

The Republican bill would also create a state tax credit for families paying for child care; increase income tax deductions for private school tuition; make professional credentials granted to workers in other states valid in Wisconsin; and prohibit state examining boards from requiring counselors, therapists and pharmacists pass tests on state law and regulations. 😳

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

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’

Report: ID.me Lied About Pretty Much Everything While Providing Identification Services To The Government

ID.me made its disastrous news cycle debut as COVID-19 continued to wreak havoc worldwide. With ID verification and other government services mostly still being handled remotely, multiple governments continued to wrestle with these unprecedented logistical problems.

Report: ID.me Lied About Pretty Much Everything While Providing Identification Services To The Government

Calling a recession and blaming it on interest rates

The latest US GDP figures for second quarter of 2022 renewed the debate about whether the US economy was in a recession or not. Real GDP contracted in the second quarter of this year by a 0.9% annualised rate (or by 0.2% quarter over quarter). That meant the US economy had contracted for two successive quarters, and so ‘technically’ (by that definition) was in a recession. Real GDP is now up only 1.6% from Q2 2021. And business investment is slowing, up only 3.5% from this time last year, the slowest rate since the end of the COVID slump in 2020.

Calling a recession and blaming it on interest rates

Andrew Yang Launches Third Party For Billionaires

Related:

Forward Party: What do you need to know about the new third political party created by Andrew Yang?

Rather than something new, the party is attempting to reach a previous Republican electorate that existed before Donald Trump took control of the party.

Universal Basic Income May Sound Attractive But, If It Occurred, Would Likelier Increase Poverty Than Reduce It

Opinion: Most third parties have failed. Here’s why ours won’t.

The People’s Party has their own problems, as well.