Over the weekend, US House of Representatives speaker McCarthy and president Biden announced a tentative agreement on raising the debt ceiling. The…
Jack Rasmus
Dr. Jack Rasmus, Ph.D Political Economy, teaches economics at St. Mary’s College in California. He is the author and producer of the various nonfiction and fictional workers, including the books The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush, Clarity Press, October 2019. Jack is the host of the weekly radio show, Alternative Visions, on the Progressive Radio Network, and a journalist writing on economic, political and labor issues for various magazines, including European Financial Review, World Financial Review, World Review of Political Economy, ‘Z‘ magazine, and others.
What are the reasons and evidence inflation has become permanent and chronic—at least until recession sets in?
This proxy war in Ukraine is not at all about freedom or democracy. It’s about money and power. It’s about restoring US imperial hegemony
The war and US-EU economic and political policy responses will likely accelerate fundamental structural changes in relations between countries and global economic institutions
Here are at least 10 reasons why US political elites of both parties, war hawks and military-industrial complex capitalists favor a Russian invasion of Ukraine
After giving the ‘deep six’ to Biden’s Build Back Better bill last month, Democrat Senators Manchin & Sinema followed up with a coup d’ grace for Voting Rights too. Both desperately needed bills are now DOA
Next Phase in US Economic & Political Crisis Begins
From an original bill with $3.5 trillion in social safety net and climate investments in the Reconciliation bill, progressives pared down their proposals to $1.75 trillion
What we have here now is a triple-teaming of Democrat progressives: Manchin takes the lead, gives the appearance he’ll maybe accept a lower total spending. Sinema then jumps in and adds more demands
What’s needed instead is a total radical overhaul of the US tax system
