Southwest Harbor, Maine (Special to Informed Comment) – Even as California burns, the states of the Gulf of Mexico brace for another hurricane, a global pandemic rages, an influential segment of DC political opinion wants the populace to focus on the national debt. Employing arguments that go back at least as far as Andrew Mellon, […]
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Economy
Aztec Politics: Trump sacrificed 200K by Downplaying Covid-19 to save the Stock Market from Panic
Ann Arbor (Informed Comment) – Bob Woodward’s new book of interviews with Trump and figures in his administration records how Trump told the reporter in mid-March that he plays down the coronavirus to avoid a panic. According to CNN, which obtained Woodward’s tapes, Trump said: “I wanted to always play it down. I still like […]
On Labor Day, Trump’s mismanagement of Pandemic has left 27 mn Unemployed and Turning to Food Banks
Ann Arbor (Informed Comment) – It is a sad Labor Day, in the shadow of the Trump Pandemic. Over a fourth of workers are afraid of losing their jobs because of the pandemic, up from 15% last year this time, according to Gallup. That is, the anxiety over joblessness has almost doubled. Many are much […]
Trump’s Metaphor of ‘Missing a Putt’ for Police Killings says everything about our spoiled Plutocrats
(Inequality.org) – Trying to keep up with the stunningly inappropriate — and worse — remarks of Donald Trump can sometimes seem a full-time job. Just this past week, for instance, we’ve seen the president seem to encourage voters in North Carolina to vote twice, once by mail and once by person, a felony under state […]
Fears Pandemic could Spur Dramatic Spike in Homelessness
By Jessica Myers (Luce Foundation: Southwest Stories Fellowship): ( Cronkite News) – PHOENIX – For more than three decades, André House just west of downtown has provided food, showers, temporary housing and other services to Arizonans experiencing homelessness or poverty. In the wake of the COVID-19 pandemic, the number of families seeking such services has […]
How Trump brought us 11.1% Unemployment, lost Manufacturing Jobs, worsened Trade Deficits and Kowtowed to China
Ann Arbor (Informed Comment) – Trump supporters often acknowledge that Trump’s personal style puts them off, but that they like his economic program. They agree that the trade deficit with China is too high and that the US should not let its manufacturing sector dwindle. The problem is that Trump’s rhetoric on those issues, like […]
The Triumph of Monopoly Capitalism is Hurting American Workers’ Life Expectancy
Southwest Harbor, Maine (Special to Informed Comment) – As summer comes to an end the economic news is strangely bipolar. Business Insider reported that From March to June 2020, Amazon founder Jeff Bezos saw his wealth rise by an estimated $48 billion.. The journal might also have added that 40 million workers had filed for […]
Trump admits War Crime in Syria as Damascus Slams US ‘Oil Theft’
Ann Arbor (Informed Comment) – Last Monday, CNN reports US troops on patrol in eastern Syria were allowed to move through Syrian territory by the Syrian Arab Army, but then abruptly a small unit of Syrian troops fired on them. The US soldiers fired back, and took no casualties, but killed a Syrian soldier. There […]
The Fox is Still in the Henhouse at the Post Office
By Sarah Anderson | – ( Otherwords.org) – Skyleigh Heinen, a U.S. Army veteran who suffers from rheumatoid arthritis and anxiety, relies on the Postal Service for timely delivery of her meds to be able to function. She was one of thousands of Americans from all walks of life who spoke out recently to demand […]
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