Economy

Fightin’ Joe Biden Wins big, on Jobs, Covid, the Dow and Infrastructure, but Corporate News downplays Successes

Ann Arbor (Informed Comment) – The for-profit press thinks it knows what the story in Washington, D.C., is. Joe Biden is a boring president who struggles to get anything done and the Democratic Party is a hot mess of infighting that paralyzes it. Corporate news is the Eeyore of the news world, spreading pessimism and […]

Climate Crisis

The Climate Emergency is a Social Justice Issue – Six Charts that Show Why

The Conversation

By Sonja Klinsky | – Climate change has hit home around the world in 2021 with record heat waves, droughts, wildfires and extreme storms. Often, the people suffering most from the effects of climate change are those who have done the least to cause it. To reduce climate change and protect those who are most […]

Inequality

Our Problem isn’t “Supply Chains” – it is that Workers and Truckers are being Stiffed

John Buell

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 […]

Democracy

How Billionaires’ Utopias could End American Democracy

Sam Pizzigati

( Inequality.org) – Great wealth can do great damage. Grand personal fortunes, we’ve come to understand, can menace our democracy and distort our economic life. But these fortunes can also wreak a much more hidden havoc: They can mess up the minds of people who hold them. Great fortunes can leave their owners feeling supremely […]

Climate Crisis

The Path to a Livable Future: Or Will Rich Corporations Trash the Planet?

Tomdispatch

By Noam Chomsky and Stan Cox | – ( Tomdispatch.com) – This month will mark a critical juncture in the struggle to avoid climate catastrophe. At the COP26 global climate summit kicking off next week in Glasgow, Scotland, negotiators will be faced with the urgent need to get the world economy off the business-as-usual track […]

Congress

Why is Social Spending Controversial but Congress lavishes $7 trillion a Decade on Pentagon?

OtherWords

By Sister Karen M. Donahue | ( Otherwords.org) – Right now, the United States is locked in a contentious debate over the Build Back Better plan, which will make a significant difference in the lives of millions of individuals and families. Even though the provisions included in the plan — including universal child care, home […]

Corporations

Our Future vs. Neoliberalism

Medea Benjamin and Nicholas J.S. Davies

( Code Pink) – In country after country around the world, people are rising up to challenge entrenched, failing neoliberal political and economic systems, with mixed but sometimes promising results. Progressive leaders in the U.S. Congress are refusing to back down on the Democrats’ promises to American voters to reduce poverty, expand rights to healthcare, […]