United States

Analysis Politics United States

Why are the Teamsters endorsing Greg Abbott?

Workers in Texas suffer under this crushing weight coming at them from all sides because of Abbott. Oxfam America’s “The Best States to Work In The US 2025” reported that Texas is 45th out of 50 U.S. states in wage policies, worker protections, right to organize and the minimum wage, which is still $7.25 per hour. It mirrors the federal minimum wage of $7.25 per hour that’s been frozen since 2009. 

Analysis Economy United States

Stagflation and the K-shaped economy

Rising inflation is one thing.  But it is being accompanied by a weakening jobs market as employment growth slows to a trickle and wage rises, especially for the lower paid, have slowed. Unemployment among Hispanic workers — who swung significantly towards Trump last November — rose to a year-high of 5.5 per cent in September, compared with 4.4 per cent overall.

Analysis Politics United States

The key characteristics of Trump’s second term

In line with other authoritarian politicians, Trump has leveraged his position to turn the state into a cash machine for him and his cronies, using his position of power to extract wealth through various means, including extortion based on legal threats, sales of Trump-themed trinkets, lavish gifts, and crypto-currency trading.