Employment

( 48hills.org) – I’m pissed. I’m pissed at Donald Trump for trying to shut down the vote count early and at Republicans seeking to steal the election using conservative-appointed federal judges. Will Biden end unpopular foreign wars? But I’m also mad at Joe Biden and the Democratic Party big shots who got Biden elected but […]

Banking

Whoever wins the Election will face Severe Eviction Crisis, as 30 million brace for Homelessness

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Whoever wins Tuesday’s election is virtually certain to be confronted by a severe foreclosure and eviction crisis as state and local governments face acute budget shortfalls. These crises interact with each other and in ways that intensify the economic damage they inflict. The harm is also psychological […]

Donald Trump

Donald Trump’s Failed State: America’s Daunting New World and the Coming Election

Karen J. Greenberg

By Karen J. Greenberg | – ( Tomdispatch.com) – These past few months, it’s grown ever harder to recognize life in America. Thanks to Covid-19, basic day-to-day existence has changed in complicated, often confusing ways. Just putting food on the table has become a challenge for many. Getting doctors’ appointments and medical care can take […]

Donald Trump

Biggest Irony of 21st Century: Was GOP Elite sickened at Barrett fête while Plotting to end Americans’ Health Care?

Juan Cole

Ann Arbor (Informed Comment) – In the twenty-first century’s biggest irony so far, last Saturday’s ceremony for the nomination of Amy Coney Barrett to the Supreme Court may have been a coronavirus superspreader event among the Republican Party elite. So suggests Oliver O’Connell at The Independent. It is an irony because that gathering was a […]

Employment

On Labor Day, Trump’s mismanagement of Pandemic has left 27 mn Unemployed and Turning to Food Banks

Juan Cole

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 […]

Donald Trump

How Trump brought us 11.1% Unemployment, lost Manufacturing Jobs, worsened Trade Deficits and Kowtowed to China

Juan Cole

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 […]

Employment

Will Beirut’s Port Explosion and Economic Crisis Spur Mass Migration from Lebanon?

The Conversation

By Hannes Baumann | – The explosion that tore through Beirut on Tuesday August 4 was so strong that shockwaves were felt on the island of Cyprus, over 200 kilometres away. At least 135 people were killed and 5,000 injured in the blast. Such devastation would be difficult to deal with at the best of […]

Employment

Political Suicide: GOP Senators holding up Stimulus are Retarding Recovery in Election Year

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Be thankful for small favors. When the Covid-19 depression hit like a brick, almost no one advocated austerity as a cure. For the first time since Richard Nixon proclaimed that we are all Keynesians, budget deficits and a burgeoning national debt were accepted as crucial to mitigate […]

Employment

The 1%’s attack on Unemployment Benefits is a Sign of our Broken Democracy

Inequality.org

By Adam Shah | – ( Inequality.org ) – Members of the One Percent, such as former restaurateur Andrew Puzder, have urged Congress to not renew the $600 a week unemployment supplement Congress enacted as part of the CARES Act. They argue, in Puzder’s words, that “this $600 per week bonus is discouraging work” for […]