Tag: China

automation conveyer belt

The rise in opioid addiction has created an epidemic of drug overdose deaths in the United States. But what increases the risk that people develop the disorder in the first place? Automation of the U.S. economy turns out to be a contributing factor, as workers lose good jobs to industrial robots and despair about being…

Pile of newspapers

If you don’t know this fact about Social Security, join the club. The percentage of earnings for all U.S. workers combined that is subject to the Social Security payroll tax is falling. Growing income inequality is the reason. Thirty-five years ago, Social Security taxes were levied on 90 percent of all workers’ earnings. By 2016,…