squeezed   280

« earlier    

Brooks and Klein on Tom Price’s plane scandal, Trump taking aim at the NFL - YouTube
Culture and Identity Politics again Tribalism, Patritotism, Nationalism, Militarism, // see how neoliberal capitalism has destroyed fabric of society w individualism consumerism identity - Alain De Botton and Adam Curtis. When you can't consumer, and do culture, and only have tv as (and fb newsfeed) as window to the world to see the world experience the world - you dont take part in society - Kulturteilhabe. dann willst du AfD Brexit Trump. them v us. // nfl is epitome of culture war identity politics and post-racial america - resistance!
Culture  Identity  Politics  DonaldTrump  Donald  Trump  Brexit  AfD  history  post-racial  America  Religion  Liberalism  Liberal  LGBT  Society  Gesellschaft  Capitalism  Consumer  Consumerism  consumerist  Selbstdarstellung  Kulturteilhabe  Facebook  Newsfeed  TV  MSM  poverty  trap  squeezed  middle  class  Precariat  debt  credit  card  chronic  stress  self-medication  book  war  refugee  migration  immigration  social  income  mobility  secular  stagnation  growth  disposable  discretionary  spending  GFC  bank  bailout  double  standard  tax  evasion  avoidance  Career  Politicians  status  quo  neoliberal  neoliberalism  Konsum  accountability 
september 2017 by asterisk2a
Distortion of financial economy (speculation), underinvestment in real things.
7:33 QE and ZIRP and banks business model, the financialisation of the western economies, is causing underinvestment now for a too long time, in the real economy (companies, R&D, infrastructure, edu, productivity). - https://www.youtube.com/watch?v=ZL31ORGxZPk - TBTF central banks w QE blance sheet unable to unwind it! Loss of faith in politics and the system. (2) credit bubble from consumers that made the recovery w the help of ZIRP QE - zombie consumer zombie companies zombie banks - kept just about alive w QE and ZIRP. america uk worth more on paper due to credit and forex USD £ than their real economy realer wirtschaftswert (3) Argentina example.
ZIRP  NIRP  QE  housing  mortgage  bubble  real  estate  squeezed  middle  class  working  poor  poverty  trap  social  income  mobility  recovery  GFC  central  banks  ECB  BOE  Fed  BOJ  austerity  Schuldenbremse  trickle-down  underinvestment  economic  history  TBTF 
may 2017 by asterisk2a
Car finance deals soar to new record - BBC News
The Bank of England and the Financial Conduct Authority (FCA) have raised concerns about such deals.
The Bank's worry is in relation to levels of consumer borrowing.
However Adrian Dally, head of motor finance at the FLA, said lenders were behaving responsibly.
"We do not share their concerns," he told the BBC. "Lending is responsible. This is a sustainable model going forwards." [...] That is largely because motorists can hand their cars back if they can no longer afford payments.
Ultimately it is the car manufacturers who carry the risk on such deals, as they guarantee second-hand values.
UK  consumer  debt  household  borrowing  creditcard  discretionary  spending  disposable  income  Brexit  confidence  credit  card  auto  loan  car  lease  protection  BOE  wage  growth  inflation  economy  FCA  squeezed  middle  class  working  poor  Precariat  bubble  automotive  industry  insolvency 
may 2017 by asterisk2a
Researchers have answered a big question about the decline of the middle class - The Washington Post
“This idea that we’re having this progression of increasing incomes over time — I think that might be true for the upper regions of the income distribution but not for the median,” said Nathaniel Hendren, a Harvard University economist who was not involved in the study. [...] The implication, Guvenen argues, is that economists should search for explanations for households’ current financial woes in the youth and childhood of today’s workers.

“We are maybe looking at the wrong place for the solution to stagnation in wages and rising inequalities,” Guvenen said. “To understand higher inequality, we should turn and take a closer look at youth.” /// &! one comment https://redd.it/69zf27 said part to do w competition. if you don't work for that money, others will. labour pool available for some kind of work. already applicable in the auto industry in usa uk and germany.
poverty  trap  USA  Precariat  social  income  mobility  UK  American  Dream  gini  Coefficient  working  poor  living  standard  squeezed  middle  class  education  policy  technological  unemployment  wage  growth  inequality  labour  economic  history 
may 2017 by asterisk2a
(577) Cornel West on Donald Trump: This is What Neo-Fascism Looks Like - YouTube
spiritual historical blackout. niall ferguson calls it historical amnesia among public and academics. // "most trying time in our lifetime." // pseudo populist = donald and brexit! but it is neoliberalism! / chornic crisis &! https://www.youtube.com/watch?v=OcJqjgB4tyQ
neoconservatism  neoconservatives  DonaldTrump  Donald  Trump  neofascism  fascism  minority  Brexit  AfD  far-right  right-wing  Cornel  West  GFC  recovery  secular  stagnation  squeezed  middle  class  post-racial  American  Dream  USA  economic  history  barackobama  neoliberal  neoliberalism  Bernie  Sanders  presidential  election  2016  UK  Germany  GroKo  France  White  Supremacy  nasty  party  Conservative  Globalisation  profit  maximisation  trade  deal  TTIP  NAFTA  Authoritarian  Abgehängt  insecurity  poverty  trap  social  mobility  scapegoat  Super  Rich  1%  Plutocracy  Oligarchy 
may 2017 by asterisk2a
Tory education cuts: Conservative MPs demand funding policy reverse - YouTube
budget cuts in real terms // Global Britain schools cutting education, culture, arts, foreign modern languages, // add NHS // Prison // Police // adult social care/elderly care //
UK  education  policy  Austerity  social  mobility  teaching  assistant  staff  shortage  Tories  nasty  party  Conservative  JAM  Theresa  May  Philip  Hammond  poverty  trap  income  skills  gap  Brexit  deprivation  attainment  Council  diversity  inflation  squeezed  gini  Coefficient  BAME  working  poor  Precariat  NHS  care  elderly  adult  Crisis 
march 2017 by asterisk2a
Budget 2017: Hammond to tell us the Brexit vote could have been worse | Business | The Guardian
consumers carried on spending and businesses continued to expand.

The picture for the public finances is also looking rosier compared with Hammond’s maiden autumn statement in November. [...] But here’s what the chancellor will not tell you: living costs have gone up and will continue to do so. The poorest will be hit hardest as the cost of essentials such as food and heating take a growing chunk out of already tight family budgets. Wages will struggle to match rises in inflation and the government’s benefit cuts mean that incomes will fall for the poorest people in Britain. In short, unless the government does something significant to improve living standards this week, inequality will start rising again.
UK  JAM  working  poor  squeezed  middle  class  Precariat  Theresa  May  Philip  Hammond  Austerity  DWP  HMRC  inflation  wage  growth  social  mobility  inequality  income  Tories  Productivity  child  poverty  trap  output  gap  recovery  GFC  bank  bailout  nasty  party  Conservative  Generationengerechtigkeit  babyboomers  Millennials  generation  rent  living  standard  discretionary  spending  disposable  credit  taxation  household  debt  mortgage  housing  crisis  Consumer  Consumerism  economic  history  neoliberalism  interventionism  crony  capitalism  tax  evasion  avoidance  corporatism  Exploitation  zero  hour  contract  part-time  minimum  generational  divide  Triple  Lock  Pension 
march 2017 by asterisk2a
STEVE KEEN on Private Debt - YouTube
the trick is up for tory austerity soon, when the private debt/household debt bubble bursts. and or the uk economy comes to a standstill. /// London has driven out the real wealth creators - https://www.youtube.com/watch?v=Dyk1t4wEDAE - democracy by houses, bc renters have no rights, &! Money , banks, debt seems not to matter in status quo economics - Prof Steve Keen on Parasitic Banking Sector London School of Economics - https://youtu.be/Kh99jEE18KY GFC recovery is not recovery it is Japanese style stagnation! ex imigration¬!
UK  London  Margaret  Thatcher  private  debt  Consumer  household  mortgage  GFC  recovery  Brexit  discretionary  spending  disposable  income  reflate  reflation  ZIRP  NIRP  QE  Austerity  service  sector  working  poor  squeezed  middle  class  leverage  economic  history  living  standard  wage  growth  mobility  social  inequality  Gini  Coefficient  tax  evasion  avoidance  HMRC  payday  loan  trickle-down  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  JAM  Theresa  May  Philip  Hammond  IMF  OECD  neoliberalism  crony  capitalism  Exploitation  corporatism  Consumerism  materialism  GDP  underinvestment  ROI  BOE  Mark  Carney  Steve  Keen  book 
march 2017 by asterisk2a
Junta lite: how generals and billionaires took over Trump's militarized America | US news | The Guardian
A government of billionaires and generals [...] This country has, in other words, been militarized in all sorts of ways, both obvious and less so, in a fashion that Americans once might not have imagined possible. [ Police w military equipment ]
DonaldTrump  Donald  Trump  USA  War  on  Terror  9/11  Super  Rich  Oligarchy  Plutocracy  1%  10%  trickle-down  tax  evasion  avoidance  American  Dream  inequality  gini  Coefficient  social  mobility  income  poverty  trap  working  poor  squeezed  middle  class  globalisation  globalization  post-racial  America 
march 2017 by asterisk2a
Government looks for new spending cuts of up to 6% - BBC News
[ fallacy of Austerity, just Austerity to balance the budget, living off the body, no investment (ROI) to balance future butget by increased tax income. debt does not come down, bc the economy stupid. and imf has backtracked its austerity advice, and latest from imf - investment in health and edu grows economy, got an ROI! ] The Institute for Fiscal Studies has said meeting this target by 2025 would require up to £34bn in further spending cuts and tax rises. &! http://www.bbc.co.uk/news/business-38894023 - To meet his target of eliminating the deficit during the next parliament, which is from 2020 to 2025, Mr Hammond will probably have to find a further £34bn in tax rises and spending cuts, extending austerity.
The report said £17bn of tax rises could be needed to contribute to closing the gap for government between outgoings and income.
UK  Austerity  NHS  STP  rationing  education  policy  Tories  nasty  party  Conservative  Theresa  May  Philip  Hammond  George  Osborne  fiscal  ROI  underinvestment  working  poor  Precariat  self-employment  gig  economy  squeezed  middle  class  Productivity  output  gap  GFC  recovery  bank  bailout  technological  unemployment  zero  hour  contract  DWP  HMRC  tax  evasion  avoidance  public  health  2020 
february 2017 by asterisk2a
Martin Schulz: Mehrheit hält den SPD-Kanzlerkandidaten für unglaubwürdig - SPIEGEL ONLINE
Was!? Man glaubt Politikern ihre Wahlversprechen vom Herzen und mit Emotionen nicht? // Die Mehrheit nimmt Schulz auch nicht seine Ankündigung ab, sich besonders für "hart arbeitende Menschen" einzusetzen. 57 Prozent halten das für "unglaubwürdig", 36 Prozent für "glaubwürdig". //&! Labour’s collapse among working-class voters is catastrophic – according to YouGov, only 16% would vote Labour now. That’s troubling enough for “the party of working people”, but it is made doubly damaging because, contrary to expectations, Ukip is not proving the main beneficiary. - https://www.theguardian.com/commentisfree/2017/feb/25/wings-labour-blame-electoral-collapse &! http://www.independent.co.uk/news/uk/politics/labour-third-most-popular-party-working-class-voters-behind-tories-ukip-latest-yougov-poll-stoke-by-a7578641.html &! https://www.nytimes.com/2017/02/24/opinion/britains-absent-opposition.html?_r=0 &! http://gulfnews.com/news/europe/uk/brexit-has-changed-britain-s-political-landscape-1.1984533 &! https://www.theguardian.com/politics/2017/feb/12/brexit-labour-identity-crisis-solution-return-to-roots
MatinSchulz  Martin  Schulz  Fatalism  voterturnout  voter  turnout  Bundestagswahl  2017  Angela  Merkel  SPD  CDU  Wahlbeteiligung  AfD  protest  vote  Brexit  DonaldTrump  Donald  Trump  resentment  Agenda2010  refugee  crisis  Precariat  working  poor  squeezed  middle  class  Labour  Jeremy  Corbyn  Ed  Miliband  HRC  Hillary  Clinton  Democrats  DNC  Bill 
february 2017 by asterisk2a
'It feels like a wilfully ignored secret': how commentators painted Stoke-on-Trent all wrong | UK news | The Guardian
(career) politician placards and journalists (headline grabbing) can only tell one-line slogan stories. ... for "ordinary people" there is just no space. and they can't make space for them. [...] Not many of these accounts left any room for complexity, nor any recognition of Stoke’s collective push for regeneration and revival, and plenty of local people greeted them with a mixture of anger and anxiety. [ also sold out to professional class, the ascendent as on the other side of the pond ]
Brexit  complexity  DonaldTrump  Donald  Trump  AfD  PEGIDA  economic  history  squeezed  middle  class  working  poor  Precariat  globalisation  globalization  underinvestment  Austerity  Storytelling  GFC  bank  bailout  trickle-down  inequality  social  mobility  structural  unemployment  underemployment  part-time  minimum  wage  living  standard  technological  Career  Politicians  book  Redaktionsschluss  Labour  Tories  Conservative  Party  nasty  NHS  Professional  London  Productivity  Services  Journalism  Journalismus 
february 2017 by asterisk2a
Why the Daily Show had to change - YouTube
Donald could also be interpreted as a backlash (white, latino, black, .. BAME) that also the black guy didn't make it better for us (the workin folk) and HRC campaign was all about 'its all good.'
BarackObama  Post-racial  America  USA  DonaldTrump  Donald  Trump  Poverty  working  poor  squeezed  middle  class  Matt  Taibbi  Thomas  Frank  book  professional  NAFTA  Bill  Clinton  Hillary  HRC  GFC  bank  bailout  TPP  TTIP  TISA  globalisation  globalization  Precariat  social  mobility  Trickle-down  1%  10%  Super  Rich  Plutocracy  Oligarchy  No  Representation  income  wage  growth  minimum  Food  Stamps  BAME  Democrats  GOP  Republicans 
february 2017 by asterisk2a

« earlier    

related tags

1%  1  10%  10  1099  1929  20%  2010  2014  2015  2016  2017  2020  9/11  abenomics  abgehängt  abstiegsangst  abuse  aca  accountability  activism  added  adult  advice  afd  affordable  age  ageing  agenda  agenda2010  aggregate  agreement  ai  alain  alcohol  alcoholism  aldi  alg2  all  allocation  altersarmut  america  american  amnesty  analysis  and  angela  anxiety  apprenticeship  apprenticeships  area  armuts  armutsrisiko  artificial  asda  asia  asset  assistant  attainment  aufstocker  augmented  austerity  australia  authoritarian  authority  auto  automation  automotive  autonomous  autonomy  avoidance  baby  babyboomers  bailout  balance  bame  bank  banking  bankruptcies  bankruptcy  banks  banlieue  barackobama  basic  being  bernie  beton  betongold  big  bigotry  bill  binge  bis  blair  blyth  board  boe  boj  bond  bonds  book  boom  boomers  boris  borrowing  botton  box  brexit  bribery  bric  brick  british  brussels  btw17  bubble  bubbles  budget  buffet  bundesbank  bundestagswahl  burnout  business  cameron  campaign  canada  capitalism  capitalist  car  card  care  career  carney  cars  cdu  center  central  centrist  centrists  ceo  ceta  change  chicago  child  china  chomsky  christinelagarde  chronic  class-warfare  class  climate  clinton  co-op  coca-cola  coefficient  cohesion  commanding  commodity  competition  competitiveness  complexity  concentrate  confidence  conglomerate  consent  conservative  consumer  consumerism  consumerist  contract  contractor  cop21  coping  corbyn  cornel  corporate  corporations  corporatism  corruption  cortisol  cost  costcutting  council  crabb  creation  creative  creatives  creativity  credit  creditcard  crime  crimea  crisis  crony  csu  culture  customer  cynicism  damage  data  david  davos  de  deal  debt  debtoverhang  decade  deficit  deflation  deflationary  demagogue  demagogy  demand  democracy  democrats  demographic  depletion  deprivation  derivatives  destruction  detector  deutsche  deutschland  developed  digital  disabled  discretionary  disenfranchise  disenfranchised  disposable  distortion  distribution  diversity  divide  dividends  diy  dnc  doctor  donald  donaldtrump  door  double  downward  dream  drinking  drugs  duncan  dwp  east  ecb  ecological  economic  economics  economy  ed  education  eea  elderly  election  elections  elite  elizabeth  emerging  employment  england  environmental  equity  esa  establishment  estate  ethnicity  ethnics  eton  euro  europe  european  evasion  exploitation  exploited  export  exportweltmeister  extinction  facebook  fairness  fairy  far-right  far  farage  fascism  fatalism  fault  fca  fear  fearmongering  fed  ferguson  financial  finite  fiscal  florida  food  for  france  frank  free  freedom  freshly  front  frugal  fuel  fund  g20  g8  gap  gdp  ge2017  gender  general  generation  generational  generationengerechtigkeit  generationx  generationy  gentrification  gentrified  gentrifzierung  george  germany  gesellschaft  gesellschaftswerte  gfc  gig  gini  global  globalisation  globalization  gnp  gold  google  gop  gove  governance  gp  gravitational  greed  grexit  grid  groko  growth  grundeinkommen  hammond  hartz-iv  health  heights  higher  hillary  history  hmrc  homeless  homelessness  homeownership  hour  household  housing  hrc  hunt  iain  ibm  identity  identitypolitics  identitätspolitik  illiteracy  imbalance  imf  immigration  impediments  in  income  independence  individualism  industrial  industry  inequality  inflation  infrastructure  insecurity  insolvency  instagram  insurance  integrationspolitik  intelligence  internship  interventionism  investment  islam  isolation  it  jam  janet  japan  jeremy  jerry  jgb  job  jobs  johnson  joseph  journalism  journalismus  jsa  juice  junk  justice  kalte  kaplan  kassen  keen  konsum  koo  krugman  kulturteilhabe  labour  ladder  laundering  lease  leiharbeit  leisure  leverage  lgbt  liberal  liberalism  lidl  life  ligo  lines  linkedin  liquidity-trap  liquidity  literacy  living  loan  loans  lobby  lobbying  lobbyist  lock  locum  lohndumping  london  long-term  lost  low  ltro  lunch  lügenpresse  macroeconomic  macron  mainstream  manifesto  manufactured  manufacturing  margaret  margin  marginal  marinelepen  mariodraghi  mark  markcarney  market  marktwirtschaft  martin  mason  mass  materialism  matinschulz  matt  maximisation  maximization  may  measurement  mechanism  media  medicaid  medicare  mental  meritocracy  meritocratic  merkel  mervynking  mexico  michael  microsoft  middle  middleclass  migration  miliband  millennials  mindestlohn  minijob  minimum  minimumwage  minority  mobile  mobility  monetary  money  mongering  monopoly  morale  mortar  mortgage  mother  movement  msm  multiculturalism  multinational  muslim  nafta  nasty  national  nationalism  nationalismus  neoclassical  neoconservatism  neoconservatives  neofascism  neoliberal  neoliberalism  net  newsfeed  nhs  niall  nigel  nirp  no.  no  noam  nominal  non-performing  northern  npd  oap  obamacare  obligation  oecd  of  offshore  oil  oj  old  oligarchy  oligopol  oligopoly  omt  on-demand  on  operating  oracle  orange  osborne  ouput  output  outsourcing  overhang  overqualification  overqualified  pact  panama  papers  part-time  participation  party  pasteurized  patriotism  paul  pay  payday  payment  pboc  pegida  pension  pepsico  philip  pigs  piketty  planning  platform  plutocracy  polarisation  policy  political  politician  politicians  politics  pollution  poor  population  populism  porn  positioning  post-capitalism  post-racial  pound  poverty  power  powerhouse  pr  precariat  precarious  precht  prejudice  presidency  presidential  price  prices  private  privatisation  privileged  productive  productivity  professional  profit  progress  progression  promises  propaganda  property  protection  protectionism  protest  psychology  public  purchasing  qe  quantum  quo  race  racism  rat  rate  rationing  real  reality  receipts  recession  rechtsextremismus  rechtsruck  recovery  redaktionsschluss  redistribution  referendum  reflate  reflation  reform  refugee  reich  religion  rent  representation  republicans  resentment  resource  resources  retail  revolution  revolving  rich  richard  rifkin  right-wing  right  rights  risiko  rising  risk  robert  robotics  robots  roi  runway  russia  safety  sanctions  sanders  savings  scapegoat  scheinselbständigkeit  scheme  schengen  school  schuldenbremse  schulz  schwarze  schwarzgeld  schäuble  scottish  sector  secular  security  selbstbestimmung  selbstbewusstsein  selbstdarstellung  selbstoptimierung  self-actualization  self-care  self-direction  self-driving  self-employment  self-esteem  self-help  self-medication  self-regulation  sentiment  service  services  shadow  shareholder  sheet  short-fall  shortage  silicon  single  skidelsky  skill-biased  skill  skills  slavoj  smart  smith  social  society  socioeconomic  sociology  sovereign  sovereignty  soziale  sozialkassen  sozialmissbrauch  sozialpolitik  sozialstaat  sozialtourismus  spd  speculation  speculative  spending  spin  stability  staff  stagflation  stagnation  stakeholder  stamps  standard  standards  state  statistical  statistics  status  stephen  steve  stiglitz  stigma  stimulus  storytelling  stp  street  stress  structural  student  substance  super  supermarket  supervision  support  supremacy  sustainability  symptom  taibbi  take  targeting  tax  taxation  tbtf  teacher  teaching  technocracy  technological  teilzeit  temporary  terror  tesco  thatcher  theresa  thomas  time  tisa  tltro  toff  tony  tories  tpp  trade  transmission  trap  trichet  trickle-down  triple-lock  triple  trump  trumpism  trust  trustagent  truth  ttip  ttp  turkish  turnout  tv  uber  ubi  uk  ukip  ukrain  ukraine  uncertainty  underemployed  underemployment  underinvestment  unemployable  unemployment  union  unitedkingdom  universal  upward  urban  urbanisation  usa  valencia  valley  value  values  varoufakis  vehicles  vigilante  vote  voter  voterturnout  vulnerable  wage  wahlbeteiligung  wall  wallstreet  war  warfare  warren  warrenbuffet  washington  wave  wca  wealth  welfare  well  wertegesellschaft  west  western  westminster  whatsapp  white-collar  white  whitehall  who  winner  wolfgang  work  worker  workers  working  world  wto  xenophobia  yanis  yellen  yield  youth  zeitarbeit  zero  zirp  zivilgesellschaft  zombie  £  Žižek 

Copy this bookmark:



description:


tags: