Investment

A chain is no stronger than its weakest link. Weak links have been the story for much of the last year. That should force us to consider the possibility that weak links are not just a sh**t happens event but symptomatic of larger pathologies pervading many of our most basic industries. Consider Boeing, once regarded […]

Inequality

U.S. Billionaire Wealth Surged by 70 Percent, or $2.1 Trillion, During Pandemic

Institute for Policy Studies

By Chuck Collins | – (Institute for Policy Studies) – Sen. Wyden’s billionaires income tax tapping those huge returns could raise big revenue to fund President Biden’s Build Back Better investment plan. America’s billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70 percent—from just short of $3 trillion at […]

Employment

We don’t need a Debt Ceiling, we Need Gov’t to Invest in Truly Rewarding Jobs

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Who is at fault for a standoff on the debt ceiling? Republicans are the obvious choice because when in power deficits don’t matter but out of power deficits and a growing debt are the path to hell. Deficits will burden our grandchildren and so we must accept […]

Democratic Party

Arguing with Sen. Joe Manchin

John Buell

As I write this piece the so called moderate Democrats are locked in combat with the party’s progressives, but what issues besides numbers to be appropriated receive scant attention. Since Senator Manchin plays so pivotal a role in this conflict it is imperative that progressives understand from where he is coming and formulate careful responses. […]

Corporations

Big Money’s War on Biden’s Popular Build Back Better Plan

OtherWords

By Sondra Youdelman | – ( Otherwords.org ) – Right now, corporations and the ultra-rich are spending millions to derail President Biden’s Build Back Better plan. Behind the scenes, they’re hard at work to keep our elected officials from helping our country recover from the pandemic. Poll after poll tells us that Biden’s plan is […]

Climate Crisis

Green Energy initiatives in Dem Infrastructure Bill infinitely Cheaper than a gradualist phase-out of Fossil Fuels

Juan Cole

Ann Arbor (Informed Comment) – The green energy proposals in the $3.5 trillion Democratic Party infrastructure bill now being heatedly debated have been attacked from the Right and even the center as “costly.” That is wrong, wrong, wrong. The faster we put in solar panels and wind turbines, the more money we will save, to […]

China

China Emerging as Competitor to Tesla: Will it build the best Cars in the World?

The Conversation

By Tom Stacey ” Europeans and other western nations have dominated automotive excellence for over a century. Whether it is the satisfying thud of the door closing on a Volkswagen from Wolfsburg, or the beauty of a Ferrari from Modena, these brands are iconic – and very lucrative for their manufacturers. When we think of […]

Afghanistan

Taliban seek China as Silk Road reconstruction Partner

Middle East Monitor

Ali Hussein Bakir | – ( Middle East Monitor) – In an interview conducted recently with an Italian newspaper, the Taliban movement spokesperson, Zabiullah Mujahid, pointed out that the movement was ready to rely on China economically in its bid to manage the country following their swift takeover after the US troops withdrawal from the […]

Featured

On Labor Day, Poverty for Workers has fallen from 12.8% to 8.5%

Juan Cole

Revised. Ann Arbor (Informed Comment) – This Labor Day, American workers finally have something have to celebrate, by virtue of having voted for a Democratic president and Congress. The pandemic-driven labor shortage has raised wages. Direct payments from the government, including an expanded child tax credit and expanded unemployment benefits added $3,200 to the income […]