Sunday, December 4, 2022

Tag: debt

We can do so much more on student loan forgiveness

The administration still has time to take real action on student loan debt, but they need to get moving.

“Debt shaming” has dampened democracy

As crucial steps to reduce income inequality, we need to reject “debt shaming” and insist on cancelation of student debt.

Oil drilling in Greece? This is what the high cost of...

A reprieve from debt – at an excessive price.

Student debt reaches more than $1 trillion – an all-time high

"We are crushing the next generation with debt."

Shouldering more than $1.5 trillion in debt, majority of young Americans...

Sixty-nine percent of young Americans support a single-payer healthcare program like Medicare for All, while 66 percent back government-funded college tuition.

Canceling student debt could be the answer to growing the economy

Overall, if these 44 million Americans were debt free, it would promote consumer spending and grow every sector of the U.S. economy.

Zombie Economy – Living Bubble

“The income and wealth inequality is the worst since the Great Depression. In 2015, the Top 1% earned 22% of all income earned in the U.S.”

Interest on the Debt Is Near a Post-War Low

It is also worth noting that we actually could buy back debt at a discount if interest rates rose.

If I Were the American Dictator

“The overall composition of Congress is not going to change much at all after the election. So, really, the only way to reboot America is to have a smart, benevolent dictator.”

The Economic Tsunami Gathering Momentum Off the Shores of America

Our government is a dysfunctional, corporate-ruled mess with a massive debt that has gotten out of control. “A massive tsunami, a mega-powerful financial tidal wave, is growing in intensity off the shores of America” and only we can stop the chaos that seems inevitable.

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Eight reasons why now is a good time for a Ukraine ceasefire and peace...

People all over the world are calling for a Christmas truce, harkening back to the inspirational Christmas Truce of 1914.

Hype about Democrats passing the torch: Don’t get fooled again

While Pelosi quickly endorsed Rep. Hakeem Jeffries to replace her as leader, an overall closer look reveals a problematic record.

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Putting ‘profits over people’, Senate rejects paid sick leave for rail workers

Forty-two Republicans—and serial Democratic obstructionist Joe Manchin of West Virginia—voted down Rep. Jamaal Bowman's (D-N.Y.) proposal to include seven paid sick days in the tentative contract.
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The Fed’s inflation mistake continues

Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.