Inequality

Southwest Harbor, Maine (Special to Informed Comment) – 900 billion dollars is a big amount, Apparently one trillion is a whole order of magnitude greater. Or at least the number is so terrifying that politicians bend heaven and earth to avoid being connected with trillion dollar expenditures. And this allergic reaction is bipartisan. In the […]

Donald Trump

Pandemic Failure, Vaccine Success Indict American Monopoly Capitalism

Juan Cole

Ann Arbor (Informed Comment) – The contrast between the unprecedented failure of the United States to deal successfully with the coronavirus pandemic, and the success of pharmaceutical companies in coming up with effective vaccines in record time is bittersweet. The reason for the difference is that no one could make any money on mitigating the […]

Employment

A Tsunami of Evictions: Pandemic Housing Markets are about to be hammered, even Middle Class is Endangered

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Twelve million unemployed people are set to lose all their benefits at the end of December. And about 19 million people are currently unable to pay their rent, with the CDC’s moratorium on evictions set to expire on New Year’s Day. Mainstream media persist in speaking of […]

Debt

The Great American Moonshot: Now we Need a Vaccine for Poverty, Inequality and Racism

Liz Theoharis

( Tomdispatch.com ) – Martin Luther King, Jr., offered this all-too-relevant comment on his moment in his 1967 speech “Where Do We Go from Here: Chaos or Community?”: “The contemporary tendency in our society is to base our distribution on scarcity, which has vanished, and to compress our abundance into the overfed mouths of the […]

Inequality

McConnell was holding up Stimulus over Shielding Businesses from Coronavirus Liability — A Very Bad Idea

The Conversation

By Timothy D. Lytton | – Congress may be close to a deal on another coronavirus bailout, but Senate Republican demands for liability protections for businesses remain a major obstacle. Senate Majority Leader Mitch McConnell has long warned of an “avalanche” of lawsuits that will stymie economic recovery efforts if Congress does not grant companies […]

Donald Trump

Where’s the Second Relief Act? The US Safety Net is working, but there are Capitalists who don’t Want it to

John Buell

Why can’t our political leaders learn to live with success? In an era marked by cynicism about politics both parties managed to enact an initial COVID-19 relief package that if anything exceeded expectations. Last June Jason DeParle, summarized academic research on this act by quoting Columbia University’s Zachary Parolin: “Right now, the safety net is […]

Donald Trump

From Salmonella to Workers’ Injuries: Trump Races to Weaken Environmental and Worker Protections on Way Out

ProPublica

By Isaac Arnsdorf ( ProPublica) – Six days after President Donald Trump lost his bid for reelection, the U.S. Department of Agriculture notified food safety groups that it was proposing a regulatory change to speed up chicken factory processing lines, a change that would allow companies to sell more birds. An earlier USDA effort had […]

Employment

Facing Holiday Rush, Frontlines Retail Workers Urge Billionaire Bosses to Share the Wealth

Inequality.org

By Chuck Collins | – ( Inequality.org) – This essential workforce is hustling to help holiday shoppers while also organizing hazard pay and other COVID-19 protections. This Cyber Monday, frontline essential workers will be hustling to help holiday shoppers — while also fighting for dignity, hazard pay, and other protections as COVID-19 infection rates spike […]

Debt

The Pentagon couldn’t Protect us from the Pandemic: Will Biden dare Cut its Budget?

Tomdispatch

By William D. Hartung and Mandy Smithberger | – ( Tomdispatch.com ) – Now that Joe Biden is slated to take office as the 46th president of the United States, advice on how he should address a wide range of daunting problems is flooding in. Nowhere is there more at stake than when it comes […]