The US Economy Could Use Some ‘Overheating’

By Josh Bivens, Economic Policy Institute. -

Recent proposals for large-scale fiscal relief and recovery from the economic effects of COVID-19 have drawn criticism that they could lead to “overheating” of the U.S. economy. These criticisms [...]

$2,000 Checks Now And Make Them Monthly

By Sean Kline and Jim Pugh, In These Times. -

“It’s not hyperbole, you can change America,” President-elect Joe Biden told Georgia voters ahead of the January 5 runoff Senate elections. And they have. Not only did Reverend Raphael Warnock [...]

600 Groups Urge Biden To Impose National Moratorium On Water Shut-offs

By Joseph Guzman, The Hill. -

Above photo: Detroit activists march for restoring local democracy and economic justice, and an end to the water shut-offs, July 18, 2014. Victoria Collier. Too many people are struggling to pay [...]

War Of The (Financial) Worlds

By Nomi Prins, Tom Dispatch. -

Sometimes things only make sense when seen through a magnifying lens. As it happens, I’m thinking about reality, the very American and global reality clearly repeating itself as 2021 [...]

2020 Ends With Almost Ten Million Fewer Jobs Than Before The Recession

By Elise Gould, Economic Policy Institute. -

On January 8, the Bureau of Labor Statistics released the last jobs report of 2020, which is also the last jobs report we will receive while Trump is president—a presidency that has ushered in [...]

In 2021, Let’s Ring A Global Alarm On Inequality That Everyone Can Hear

By Sam Pizzigati, Counterpunch. -

Remember that old joke they used to tell — and maybe still do — in luxury retail circles? The customer, precious product in hand, walks over to a haughty sales clerk at a high-end emporium and [...]

Iowa Farm Bankruptcies Continue To Rise, Despite Aid

By Erin Jordan, The Gazette. -

There were 27 farm bankruptcies in Iowa in 2019 — more than double the 13 bankruptcies in 2018, the American Farm Bureau Federation reported. This was despite the $1.58 billion the federal [...]

The Political Lessons Of The Pandemic

By Joseph Kishore and David North, WSWS. -

1. As the New Year begins, the COVID-19 pandemic continues to sweep across the globe. This is a world crisis of vast historical significance. The pandemic is a “trigger event” that manifests in a [...]

Harvard Workers Left Out In The Cold

By Michelle Chen, Dissent Magazine. -

Harvard University’s campus has been dormant since last spring, and as COVID-19 cases rise through the winter, it’s unclear when normal classes will resume. The administration recently announced [...]

New York To Pass Nation’s Strongest Eviction Ban

By Julia Conley, Commondreams. -

Both the state Senate and state Assembly convened remotely Monday for special sessions to pass the legislation, a day after President Donald Trump signed the $900 billion coronavirus relief bill [...]

Congress Passes $900 Billion Mitigation 2.0 Bill

By Jack Rasmus, Counterpunch. -

As the 2020 year closes, Congress is about to pass a $900B Covid Relief spending bill.  But make no mistake. It’s Senate leader Mitch McConnell’s proposal. And it will hardly dent the rapidly [...]

2020 In Review: Workers Struggle Under The Weight Of The Pandemic

By Dan DiMaggio and Saurav Sarkar, Labor Notes. -

Workers will feel the ramifications of this unprecedented year long into the future. The coronavirus pandemic has claimed 300,000 lives, destroyed millions of jobs, busted gaping holes in [...]

Why They’re Denying You Healthcare And Financial Support During A Pandemic

By Caitlin Johnstone. -

Every single day the western mass media are bashing us in the face with stories about horrifying scary things other countries are doing which we all need to be afraid of, and from which we must [...]

Workers Suffer As US Pandemic Relief Bill Goes Nowhere In Congress

By Walter Smolarek, Peoples Dispatch. -

Not only has the coronavirus pandemic taken a staggering toll in terms of loss of life in the United States but has also caused social and economic dislocation for the working class on a massive [...]

Economic Consequences Of A Second Economic ‘Mitigation’ Bill

By Jack Rasmus, ZNet. -

As of mid-December 2020 the US economy has begun showing increasing signs of an exceptionally weak 4th quarter, October-December, growth. After having collapsed -10.5% in the March-June 2020 [...]