News
Institute for Policy Studies Report: Corporations Change Rules to Increase CEO Pay During Pandemic, Layoff Workers
The details are in this report: https://ips-dc.org/how-corporations-pumped-up-ceo-pay-while-their-low-wage-workers-suffered-in-the-pandemic/ Just one juicy detail among many: “Hilton CEO Christopher Nassetta had the largest paycheck among the rule-rigging companies. After he failed to meet the goals associated with his multi-year stock awards, the board “modified” the awards by disregarding poor 2020 financial results and changing the performance metrics. Those … Read more
Studies Show Covid Deaths Know No Color
Confirming our studies earlier this year of Covid-19 deaths in New York, Chicago, and Los Angeles, big new studies use different methods to demonstrate that deaths are the result of exposure rather than race. To quote the article: “The new findings do not contradict an enormous body of research showing that Black and Hispanic Americans … Read more
The Wealth of Billionaires Goes Up During Pandemic!
Inequality.org has been tracking the wealthy for a while now, and announced last week that the combined wealth of US billionaires has gained more than $1 trillion since March 2020, the beginning of the pandemic. Their story is here.
The NY Times, Covid, and race. Plus, lately, income.
We’re collecting New York Times articles on COVID-19, race, and class to better understand how the media is accounting for the spread of the virus. We’ve noticed that some of these accounts leave out any mention of income or occupation, while others tend to conflate poverty with people of color. Our research suggests that occupation … Read more
President Donald Trump Culls the Herd
Here is the chilling truth: To win reelection Trump is willfully allowing the virus to kill more and more of us, especially our most vulnerable—the old, the infirm, the poor, and the essential low-wage workers. By Les Leopold President Trump has finally made public his fateful choice. He’s all in on reopening the economy even … Read more
Beware of Trump’s China Box
Our best path out of the Trump China box is to put him in a box he can’t get out of. By Les Leopold As Covid-19 deaths and unemployment soar, Trump’s reelection chances depend on three factors: 1) the Democrats making significant electioneering mistakes; 2) the Trump campaign finding ways to discourage Democrats from voting … Read more
The Numbers Trump Can’t Spin
Total Deaths and Job Loss By Les Leopold As November nears Trump will continue to bombard us with a dizzying array of statistics that he hopes will demonstrate how great a job he and his administration are doing. We do the most testing in the world. We’re making the most ventilators. We build the most … Read more