By Lee Price and Bob Lord | – ( Inequality.org) – Changes in tax policy since 1980 have been driving U.S. inequality to levels not seen since the original Gilded Age. Reversing that trajectory — and restoring a more egalitarian society — will require a complete overhaul of the changes in tax policy we’ve seen […]
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Economy
OK, Boomers: Will the America we die in be unprecedentedly Hot, Racist, Unequal, Sickly and Authoritarian?
( Tomdispatch.com ) – Let me be blunt. This wasn’t the world I imagined for my denouement. Not faintly. Of course, I can’t claim I ever really imagined such a place. Who, in their youth, considers their death and the world that might accompany it, the one you might leave behind for younger generations? I’m […]
Will Beirut’s Port Explosion and Economic Crisis Spur Mass Migration from Lebanon?
By Hannes Baumann | – The explosion that tore through Beirut on Tuesday August 4 was so strong that shockwaves were felt on the island of Cyprus, over 200 kilometres away. At least 135 people were killed and 5,000 injured in the blast. Such devastation would be difficult to deal with at the best of […]
American Nervous Breakdown: Super-Spreader Trump and His Deranged Cult Infect Us All with their Toxic Lunacy
Chicago (Special to Informed Comment) – While the plague rages, the economy crashes, and millions of jobless Americans just lost unemployment benefits, President Trump and his slavish cult descend further into madness. Their mental aberrations are acted out as reactionary behavior that embraces racism, fascism, the confederacy, and a delusionary denial of the pandemic. As […]
Political Suicide: GOP Senators holding up Stimulus are Retarding Recovery in Election Year
Southwest Harbor, Maine (Special to Informed Comment) – Be thankful for small favors. When the Covid-19 depression hit like a brick, almost no one advocated austerity as a cure. For the first time since Richard Nixon proclaimed that we are all Keynesians, budget deficits and a burgeoning national debt were accepted as crucial to mitigate […]
Defund the Bloated U.S. Military
By Eric Stoner | – ( The Progressive) – The bold call by Black Lives Matter activists to defund police has profoundly reshaped the national conversation, but it is only the start of the movement’s sweeping vision for public safety. To reduce our reliance on policing and prisons, racial justice leaders are urging that resources […]
The 1%’s attack on Unemployment Benefits is a Sign of our Broken Democracy
By Adam Shah | – ( Inequality.org ) – Members of the One Percent, such as former restaurateur Andrew Puzder, have urged Congress to not renew the $600 a week unemployment supplement Congress enacted as part of the CARES Act. They argue, in Puzder’s words, that “this $600 per week bonus is discouraging work” for […]
How Trump broke America: Economy plummets historic 33%, Covid Deaths at 1500/ day, and 40 mn could lose Homes
Ann Arbor (Informed Comment) – Trump’s refusal last winter to pull out all the stops to mount an effective national coronavirus response has broken the legs of America. On Wednesday, over 1500 coronavirus deaths were reported nationwide, a tally not seen since May. Over 150,000 Americans have died of the disease, and the prospect is […]
The Virus That’s Really Killing Americans? Greed and Corporate Profiteering
( Otherwords.org ) – Health care giants are taking COVID-19 relief money while cutting jobs and paying CEOs millions. By Jim Hightower | July 29, 2020 The holy mantra of health professionals was coined about 2,500 years ago by the Greek physician Hippocrates: “Do no harm.” Of course, that was before corporate healthcare took charge […]