Southwest Harbor, Maine (Special to Informed Comment) – News media, maritime experts, and a curious public could hardly take their eyes off the Ever Given, the mega cargo ship as long as the Empire State Building is tall. Viewers were stunned to see the ship swung sideways to the canal and thus blocking transit in […]
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Inequality
How the Pandemic spelled the end of Trickle-Down Economics: We need Wealth to Percolate up
( Otherwords.org) – The past year proves that a lot of conventional economic wisdom is neither true nor wise. For example: 1) “We don’t have the money.” The power elites tell us it would be nice to do the big-ticket reforms America needs, but the money just isn’t there. Then a pandemic slammed into America, […]
On Tax Day, the Billionaires must Start Paying their Fair Share
Greenfield, Mass. (Special to Informed Comment) – On Tax Day, there’s more than one elephant in the room, and they’re all in mansions. Elephants occupy the bulging mansions of 657 American billionaires, 43 of them new this past pandemic year. Their combined wealth soared to $4.2 trillion – up $1.3 trillion – between March 21, […]
Making America more Equal . . . by Rebuilding the Country
(Tomdispatch.com ) – During the Trump years, the phrase “Infrastructure Week” rang out as a sort of Groundhog Day-style punchline. What began in June 2017 as a failed effort by The Donald’s White House and a Republican Senate to focus on the desperately needed rebuilding of American infrastructure morphed into a meme and a running […]
The Decades-Long Struggle Over Big Corporations and Poverty Wages
By Phil Mattera | – ( Inequality.org ) – The Senate Parliamentarian dealt a strong blow to the Fight for $15 movement by ruling that a federal minimum wage increase could be included in the stimulus bill. Senator Bernie Sanders is pushing back with an amendment to take tax deductions away from large, profitable corporations […]
If We Want to Renew Democracy, We Need to Tax the Ultra-Wealthy
By Madeleine Johnsson | – ( Inequality.org ) – Sen. Elizabeth Warren and Rep. Pramila Jayapal’s Ultra-Millionaire Tax Act of 2021, introduced March 1, could not be a more timely reminder that the United States needs serious policy changes to address massive wealth and income inequality. While eight million Americans slipped into poverty and half […]
Failing Upward: Pentagon’s more and more Expensive Boondoggles (that don’t even work)
( Tomdispatch.com) – Cancel culture is a common, almost viral, term in political and social discourse these days. Basically, somebody expresses views considered to be outrageous or vile or racist or otherwise insensitive and inappropriate. In response, that person is “canceled,” perhaps losing a job or otherwise sidelined and silenced. In being deplatformed by Twitter, […]
Essential Workers deserve $15/ hr. – Remember when we Fêted them for Serving us in Pandemic?
By Eshawney Gaston | – ( Otherwords.org) – I’m one of America’s millions of essential workers. We’re working in your children’s schools, at your grocery stores, and at drive-through windows. We’re cleaning your homes. And we’re struggling so hard to make ends meet. Congress is debating whether to raise the minimum wage to $15 an […]
The Real Threats to America are the Pandemic and Poverty; why Give Ever More Money to the Pentagon?
By Mandy Smithberger | – ( Tomdispatch.com) – This country is in a crisis of the first order. More than half a million of us have died thanks to Covid-19. Food insecurity is on the rise, with nearly 24 million Americans going hungry, including 12 million children. Unemployment claims filed since the pandemic began have […]