China Stock Market no Big Deal; Fed Reserve Must Work for Us; Report on Poverty like We Do the Stock Market
Why the US Shouldn’t Panic About China’s Stock Market Collapse. Global investors have overreacted to China’s massive stock market plunge, economists told VICE News. The US in particular does not need to be too worried, they claimed.
In Troubled Times, the Federal Reserve Must Work for Everyone. Call it “qualitative,” rather than “quantitative,” easing. It would increase the money supply, but for money that is to be invested in the real-world economy – the one that creates jobs, lifts wages, and creates broad economic growth.
What If We Reported On Poverty The Way We Report On The Stock Market? We’d hear a lot more about residential segregation, the racial wealth gap. We’d know that the number of Americans living in concentrated poverty increased from 7.2 million to 12.8 million since 2000. We’d know that 1 in 5 American children live in poverty.
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