In contrast to the record gains of billionaires, stock shareholders, and big corporations in general, over the same past year, more than 35 million American workers lost their jobs at one time or another
Jack Rasmus
Biden and Dems once again clearly and prematurely are willing to capitulate to McConnell and corporate interests. Then again, maybe the capitulation was all planned to get to this place months ago
Republicans, conservatives, and business interests are using the fact of recent rising prices to attack legislative proposals to increase government spending
The average historical GDP growth rate in recent decades has been around 1.8% to 2.2%. So the current 1.6% is not even average
Photo by lev radin/Shutterstock This past week a video game company in trouble, Gamestop, became the center of media attention. Day traders had…
We should be less concerned about day traders getting burned, and more about the tens of millions of Americans families going hungry, jobless, being evicted from their rents, and dying in the hundreds of thousands due to a failed health care system and gross government mismanagement
Biden and the Democrats are thus confronted with making the same error that the Obama administration did in early 2009—not providing a sufficient fiscal stimulus to generate a sustained recovery
America’s Continuing Crisis of Democracy
This McConnell $900B proposal is even less a mitigation measure. It’s more a temporary palliative at best, buying 60 days of a partial offset to a coming contraction
There is, and there has been, no fiscal stimulus since the crisis began. Nor is a stimulus on the horizon