Wednesday, February 1, 2023

Tag: U.S. Economy

Trump escalates economic attack on Cuba, banning Americans from educational, cultural...

Treasury Secretary Steven Mnuchin claimed the ban is in retaliation for Cuba “providing a communist foothold in the region and propping up U.S. adversaries in places like Venezuela and Nicaragua.”

The gig is up

Gig work is making capitalism harsher.

Why we must legalize marijuana

Legalizing, taxing, and regulating is good for the economy and creates jobs.

Everything you need to know about the new economy

If between 1979 and 2018, the American economy almost tripled in size, so where did the gains go? Most went to the top.

Monetary policy takes center stage: MMT, QE or public banks?

A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices.

Why free trade is bad for you (or most of you...

Free trade is simply a euphemism for the corporate capture of international trade.

Why economics must get broader before it gets better

Without significant adjustments, mainstream economics will remain two steps behind changing realities on the ground, and economists will be risking a further loss of credibility and influence.

How to reinvent a rural economy $100 at a time

An old North Carolina mill town turns small individual investments into bigger returns.

Survival of the richest

Real people in the real world, those not at the top, have experienced a decade of ever greater instability, while the inequality gap of this beyond-gilded age is sure to shape a truly messy world ahead.

More than 200 House Democrats introduce bill to expand Social Security

The Secure 2100 Act would protect and expand Social Security benefits to ensure no one retires in poverty.

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The interminable, withering babble from today’s Tower of Babel

When the end is messianic, imperial, “destiny” or God’s will—human fabrications made into commandments—all civilized bets are off.

Biden wielding DNC to guard against Progressive challenge

"Just 34 percent of Americans describe Biden as honest and trustworthy -- a new low for his presidency."

Pfizer’s record-shattering $100 billion in revenue denounced as ‘sickening’

"A people-funded vaccine should be cheap and freely available."

99% of US coal plants cost more to run than replace with new renewables,...

“There’s a huge opportunity here to invest in coal communities, build local economic resilience and save money in the process.”

Four dark secrets about America

What America needs is a thorough transformation and a reset of the economic and political systems, which are now on dangerous and unsustainable paths.