( 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, […]
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Neoliberalism
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 […]
Rich Nations are Getting Vaccines, Poor Countries Not: Which is a Big Danger to Rich Countries
Southwest Harbor, Maine (Special to Informed Comment) – Our commercial media have followed the ups and downs of the vaccine roll out in the United States even as much less attention is devoted to the experience of poor nations. Pundits and TV anchors periodically acknowledge that lethal viruses don’t respect borders but seldom discuss the […]
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 […]
Covid-19 Demonstrated How This Country Fails Its Most Vulnerable: A Field Guide to Our Threadbare Social Safety Net
( Tomdispatch.com) – Economic crises shine a spotlight on a society’s inequities and hierarchies, as well as its commitment to support those who are most vulnerable in such grievous moments. The calamity created by Covid-19 is no exception. The economic fallout from that pandemic has tested the nation’s social safety net as never before. Between […]
Ted Cruz vacationing in Cancun while millions freeze is par for the Course for the US Filthy Rich and their G.O.P Lapdogs
Ann Arbor (Informed Comment) – Sen. Ted Cruz abandoning Texas to its fate, with millions suffering without power, to go off on a vacation in Cancun, Mexico, is the perfect metaphor for America in the age of monopoly capital. After all, many American corporations have taken a prolonged tax holiday in the Caribbean. Some 18 […]
From Covid to Power outages in Ice Storms, the Texas Republican Party has created a Failed State
Ann Arbor (Informed Comment) – The Republican Party has had a lock on Texas politics for over two decades, and has reduced it to a failed state. Even Texans like Beto O’Rourke are making this observation. Millions are without electricity in the midst of one of the state’s worse winter storms ever. This massive failure […]
Yes we need the $1.9 Trillion Stimulus: Real Unemployment is 3 times what they’re telling us
Southwest Harbor, Maine (Special to Informed Comment) – As Congress gets set to debate the Biden Pandemic relief package, one of the favorite Republican lines is the contention that an economic recovery is already well underway. Pouring more money into an accelerating economy is likely to induce seventies style inflation. It is time, they argue, […]
Who were the Republican Senators afraid of when they Acquitted their own attempted murderer?
Ann Arbor (Informed Comment) – The odious Trump once smugly observed that “I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters.” When it comes to the Republican base, he was clearly correct. The opinion polling shows that registered Republicans still overwhelmingly support Trump even after he unleashed […]