Nancy Perez, a 45-year-old resident of the Brooklyn neighborhood of Bedford-Stuyvesant, contracted COVID-19 in March. She stayed quarantined in her room for a month to isolate from her two sons [...]
This past week US economy collapsed in the 2nd quarter by 32.9% at annual rate and nearly 10% just for the April-June period. Never before in modern US history—not even in the worse quarters of [...]
Congress’s inability to actually represent the real-live human beings of America, combined with an economic system that rewards lack of empathy and an excess of greed, has brought us to a dark [...]
By William Lazonick, Philip Moss, and Joshua Weitz, Ineteconomics. -
The employment opportunity that privileged the white male was much more than a job. By the 1960s, growing numbers of white men had employment that gave them steadily rising real earnings, often [...]
By Margaret Flowers and Kevin Zeese, Clearing the FOG. -
Federal protection against housing evictions has expired and local and state governments are not stepping up to fill in the gap leaving tens of millions of families vulnerable to homelessness [...]
By Kevin Zeese and Margaret Flowers, Popular Resistance. -
The US is at a moment of truth. This week, Congress has to face up to a pandemic that is out of control and an economy that is collapsing. The Republican's and Democrat's proposals show they will [...]
The U.S. economy shrunk at a seasonally adjusted annualized rate of 32.9 percent during the second quarter of 2020 as the first wave of the coronavirus pandemic spurred an economic collapse of [...]
To defend the $600 unemployment payments as both morally and economically necessary is not to suggest that the CARES Act is a sufficient solution to our economic problems. Nor, says Pavlina [...]
The best defense against a raging pandemic that has already claimed over 152,000 American lives is simply to stay home. But even this could soon become impossible for millions, as the United [...]
The Federal Reserve Board – our unaccountable Central Bank – needs more citizen and Congressional supervision. Fees from financial institutions fund its operations, not Congressional [...]
By Josh Bivens and David Cooper, Economic Policy Institute. -
Because a weakening economy undercuts state and local tax revenues, and because states operate under balanced budget constraints, the coming months will see intense downward pressure on state and [...]
After weeks of declining COVID-19 cases, Maryland is experiencing rising hospitalization and positivity rates, especially among those 35 years of age and under.
The number of COVID-positive [...]
By Richard Falk, Global Justice in the 21st Century. -
To ask whether the United States, the world’s dominant military power, is ‘a failing state’ should cause worldwide anxiety. Such a state, analogous to a wounded animal, is a global menace of [...]
In 2005, when the federal, state, and local governments spectacularly failed the residents of New Orleans after Hurricane Katrina, there was a sense of shock from both inside and outside of the [...]
The current global crisis triggered by Covid-19 is the third capitalist crash in this century. And governments’ incapacity to consider non-capitalist solutions threatens to keep deepening this [...]
