Tag: recession
GOP proposal could slash food aid for millions, new analysis warns
As House Republicans push for deep SNAP cuts and expanded work requirements, experts warn the proposal would strip food assistance from millions of low-income people—including families, older adults, and veterans—without improving employment.
Government watchdog cautions against further interest rate hikes for risk of...
Accountable.US warns further hikes "would needlessly and unnecessarily cause a recession and result in millions of Americans losing their jobs."
Ignoring warnings of mass job loss, Fed hikes rates to highest...
"The Fed should end its rate hiking campaign for good."
Pandemic crisis and recession can spark a fight for real change...
After getting $600/week in jobless pay, going back to work for $7.25 sucks.
Learning all the wrong lessons from the 2008 financial crisis
NYT should not fixate on debt as governments respond to the coronavirus pandemic.
Bill Moyers and Neil Barofsky on big bailouts
"The big financial institutions who were– obviously the biggest winners of the last bailout– they’re gonna win again. They always win. That’s kinda the way our system is organized."
How to prepare for the Trump recession
A recession is inevitable at this point. Here are 3 things we can do to prepare.
Death of the ‘usual’ economic evolution and the emergence of the...
With crisis comes opportunity, the possibility for growth and realignment with purpose; for change to take place—change that inculcates harmony, allowing for that which has hitherto been inhibited to be to be expressed.
We’re in a recession, and it’s likely to get worse
The shortcomings of U.S. economic policy, the healthcare system, and workers’ rights are being magnified by the current crisis.
Amid recession warnings, Trump reportedly considering more tax cuts for rich...
While continuing to publicly downplay warning signs that the U.S. economy is barreling toward a recession, the Trump White House is reportedly weighing a...
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No king but madness reigns
Today I'll survey several factors feeding this unfolding fiasco.
Traders placed massive bets minutes before Trump Iran post raising insider trading concerns
Unusual oil and stock trades worth hundreds of millions of dollars occurred minutes before the president’s social media announcement about Iran peace talks, prompting calls for investigations into possible insider knowledge.
Mo. Senator Eric Schmitt’s asinine SHIELD Act would classify blowing whistles as ‘Obstruction of...
Meanwhile Schmitt ignores blatant obstruction by Bondi’s DOJ.
Multi-million dollar agreement to import giant pandas from China collapses
Reports from advocacy groups like SF Zoo Watch and In Defense of Animals call on Mayor Daniel Lurie to halt new animal acquisitions and transform the 100-acre site from a traditional exhibition-based zoo into a 21st-century ecological park.
Iran retaliation revives scrutiny of US military bases across the Gulf
Iranian strikes on Gulf energy sites and renewed threats against American installations are exposing how decades of US military expansion in the Middle East have tied Washington to regional regimes while increasing risks of wider war.