DEATH BY GREED

How patriotic am I? In my perfect world Steve Jobs would have died in prison and every politician, CEO & board member who helped offshore American jobs to enrich themselves would be put on trial for treason. Hear me. Capitalism is the greatest enemy of patriotism.

America created generations of oligarchs thru free & cheap labor, tax loopholes & our politicians today still allow it. In fact, they're in on it. Under the banner of globalization, we allow American companies 2 exploit both natural resources & human resources of other nations.
General Electric made billions during the Obama years & didn't pay one dime in taxes b/c the Obama administration & Democrats refused to close the tax loopholes that allowed big companies like GE & people like Donald Trump to escape paying their fair share like other Americans.
Shit, America created Donald Trump & a litany of other ridiculously wealthy mostly white oligarchs who don't give a fuck about anybody at the bottom of society. Senator Elizabeth Warren was right as hell when she said, "it's all rigged." Hell, she was apart of the rigging with-

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This is a GREAT argument to pull up when talking to people about minimum wage. Some others nested below


A large number of new jobs being created are minimum to low wage, so looking for a new job generally won’t increase pay.

Raising minimum wage helps things not directly related.

Helps Infant mortality? Yup.

Lowers Suicide? Yup.

Reduce smoking rates? You bet.

It also boosts the local economy! Minimum to low wage earners spend more % of their money, so an increase means more is spent, often in community!

Low paying jobs are often in sectors which would gain from this. More people spending money in your shop makes your business more money! Now you have more profits and increased labor costs are covered.
There are so many #HotTakes on the future of news and tech and digital this week. Now nearly half a year distant (and what a year - 2020, ugh!) from CEO and board @mcclatchy, I'd like to add a few thoughts: 1/


As @jbenton said in @NiemanReports : @mcclatchy transformation shows it STILL is possible NOW 'to be operationally profitable while still doing good journalism.' Not easy; Covid made it harder. But POSSIBLE and DONE by the great team in 2020 @mcclatchy. 2/

As @jbenton wrote: the #DIGITALTRANSFORMATION @mcclatchy 'shows a company that has managed the digital transition better than most; at last public count, it was making nearly half its ad revenue in digital and digital subscriptions were up 45% year-over-year.' Such focus 3/

On the future is digital is the SOLE way the still-powerful brands of local news and information will be able to have a business in the inevitable 'printless' future (Not today, not tomorrow, but printless someday) 4/

And the crisis in local news is relentless, unabating and by most measures WORSENING. More titles going dark; huge losses to our communities, because solely a blend of new digital startups AND existing footprint offer the scale 5/

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