- Numbnuts millionaire investor Kevin O'Leary says it's wonderful that 85 people (that's eighty-five, not 8500 or 85,000) own more wealth than 3.5 billion other people on the planet because it gives us poor saps something to strive for. Better start buying lots of lottery tickets, folks--your odds of being as wealthy as Mr. O'Leary on your own initiative is just slightly less than your odds of winning the lottery. Mr. O'Leary also moved up a few notches in the guillotine line this week....
- Lynn Stuart Parramore wonders if fifty years after the War on Poverty the middle class will become the new poor which caused me to think (I'm not being sarcastic, her piece is one of the best I've read this week) that thirty years after Ronald Reagan we're already there.
- A new study shows that 47% of current jobs will be automated over the next twenty years and that unlike previous eras jobs are not coming to replace them. It's okay if you're thinking about just pulling the covers over your head and sleeping for a long time--that's my plan, too.
- After reading today probably the thousandth some odd piece debunking minimum wage myths pushed by rich people who somehow still think that pre-ghosts Ebeneezer Scrooge is someone to admire, it dawned on me that the con job foisted on older white Americans by the republican party may be the greatest of all time. Can you think of any con that has convinced people that it's good for them and their neighbors to make shit wages so the wealthy can have even more money? I mean isn't the idea usually to at least make the mark think they're going to get rich, too?
Peace,
emaycee
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