Southwest Harbor, Maine (Special to Informed Comment) – It would be unfair to suggest that the titans of Wall Street are oblivious to poverty. One of their central themes is the role that financial literacy can play in teaching citizens how wealth is acquired and maintained. In their worldview saving and investing in the stock […]
Can Biden’s $15/ hr Minimum Wage begin restoring Working Class trust?
Southwest Harbor, Maine (Special to Informed Comment) – Watch CNN almost any time lately and one is inundated with scenes of the lethal riots in the Capitol. And in an era when every man or woman is their own video journalist new and often terrifying footage is released on a continuing basis. Along with footage […]
Six Days to Go: Nukes, Trump, and Cybersecurity
Southwest Harbor, Maine (Special to Informed Comment) – Should American citizens feel relieved that Speaker Pelosi has met with General Milley to discuss the nuclear command structure? I am not. From the start of the nuclear age we have been asked to believe that as long as these weapons of mass destruction were under the […]
Austerity Terrors: Congress Stimulus Package Finally Passes – but it is Too Little, Too Late
Southwest Harbor, Maine (Special to Informed Comment) – 900 billion dollars is a big amount, Apparently one trillion is a whole order of magnitude greater. Or at least the number is so terrifying that politicians bend heaven and earth to avoid being connected with trillion dollar expenditures. And this allergic reaction is bipartisan. In the […]
A Tsunami of Evictions: Pandemic Housing Markets are about to be hammered, even Middle Class is Endangered
Southwest Harbor, Maine (Special to Informed Comment) – Twelve million unemployed people are set to lose all their benefits at the end of December. And about 19 million people are currently unable to pay their rent, with the CDC’s moratorium on evictions set to expire on New Year’s Day. Mainstream media persist in speaking of […]
Where’s the Second Relief Act? The US Safety Net is working, but there are Capitalists who don’t Want it to
Why can’t our political leaders learn to live with success? In an era marked by cynicism about politics both parties managed to enact an initial COVID-19 relief package that if anything exceeded expectations. Last June Jason DeParle, summarized academic research on this act by quoting Columbia University’s Zachary Parolin: “Right now, the safety net is […]
Why will we Fight 20 Years in weak Afghanistan but won’t make war on Menacing Climate Crisis?
Southwest Harbor, Maine (Special to Informed Comment) – The United States is engaged in forever hot wars. The war in Afghanistan now nears the end of its second decade. Why US history is so saturated -— some would say polluted -— by war has recently become an object of both academic and activist interest. University […]
America’s not-so-Model Elections: So much for Exceptionalism
Southwest Harbor, Maine (Special to Informed Comment) – Following weeks of speculation and worry about the possibility of violence and/or crasing technical systems the United States executed a largely flawless presidential election. At least that was how the major media portrayed the events of early November. Once again American exceptionalism provided the opportunity to sing […]
Say no to Austerity for Workers: McConnell and the GOP are about to pull the “We have no money” scam
Southwest Harbor, Maine (Special to Informed Comment) – Not surprisingly the national debt is a subject of concern. Liberal and Left economists, most of whom supported the CARES relief package, knew and predicted that once the Trump tax reduction for the rich had become law—despite the massive increases in government debt it entailed– debt would […]
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