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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$380 million in funding cuts to one of the most successful public education programs
“Every day, there’s yet another abuse.” The wanton attack on public schools is one of America’s biggest tragedies.
Trump delivers lunch to Beijing
China is taking advantage of the fact that even the most even-tempered of allies have had it with Trump and his tantrums.
Omar says ICE drawdown ‘not enough’ as thousands of agents remain deployed in Minnesota
After Trump border czar Tom Homan announced that 700 federal immigration agents would leave Minnesota, Rep. Ilhan Omar, civil rights groups, and national coalitions said the move leaves an ongoing occupation intact while killings, constitutional violations, and international human rights complaints remain unresolved.
The actual Gavin Newsom is much worse than you think
For anyone who wants a truly progressive Democratic Party, Gavin Newsom is bad news.
Senators probe Equifax over plans to profit from Medicaid and SNAP work requirements
Warren, Wyden, and Sanders are demanding disclosures from Equifax as new federal work requirements threaten to strip healthcare and food assistance from millions while expanding the company’s already dominant income verification business.