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Economic Equality
Average Working People or Bond Traders: Who Should Benefit from Fighting Inflation?
Workers aren’t to blame for inflation. Wages aren’t pushing up prices. Real wages have dropped 3.5 percent over the last 12 months.
4 Myths About Raising the Minimum Wage with the Gravel Institute
Today’s minimum wage is a starvation wage. A full-time minimum wage worker cannot afford a two-bedroom rental in any city, county, or state in the entire country.
The Anatomy of Inflation
Whether the Fed can succeed in taming inflation and do so without precipitating a recession remains to be seen but is highly unlikely.
Poverty Morality, A Bankrupt U.S.
There cannot be rising profits and rising wages. Corporate profit depends on less wages, but in order to lift Americans out of poverty, we need higher wages to cut into corporate profits.
Crypto Crash: What Does It Tell Us?
89 years ago today the US government moved to end the Ponzi schemes that led to the Great Depression. Now it's time to end the crypto bezzle.
Here's What You Need to Know about a Coming Recession
Don’t panic! If it occurs, it won’t happen immediately. I’d guess some time over the next six months. It’s a possibility that you ought to be aware of.
A Food Shortage Solution in Our Own Backyards
While the global food systems we depend on come under increasing strain, there’s a solution to the growing crisis that most Americans can find in their own backyards–or front lawns.
Need a Strong "Wealth Squad" for Megarich
As U.S. billionaires got richer and their wealth defense tactics proliferated, audit rates sharply declined. Funding the IRS' wealth squad would help ensure the nation's richest pay their fair share of taxes.
Thank Ronald Reagan for coming Economic Shitstorm
In addition to an economy held together with the baling-wire of Fed stimulus (that’s ending), both the U.S. and the world are facing a wild spectrum of assaults that could have huge economic impacts.
Ways to Stop Inflation
There are alternatives to the Federal Reserve’s raising of interest rates and curtailing money supply growth but they are ignored.
Pandemic: Bad for Economy, Great for Billionaires
The pandemic has been very good to the billionaire class according to analysis performed by Oxfam
Why America Needs a Jubilee
We have a model of what widespread social respite and restoration could look like, but we must now organize to bring it about.
How Corporations Are Using Inflation to Take Your Money
Prices are surging – but let’s be clear: corporations are not raising prices simply because of the increasing costs of supplies and labor.
Do You Smell Smoke?
Capitalism is like an experiment in which a subject was observed in a room by himself as smoke was gradually introduced through a vent.
No Profit - No Baby Food
There is a shortage of baby formula. In parts of the country, food for infants can’t be found at any price.
Billionaire Bombardment
Why Biden and the Democrats should declare war on these class warriors
Predicted Global Economic Crash
If the global economy comes crashing down as many pundits are predicting, it is good to know there are viable alternatives.
Student Debt Reflects Institutional Racism
Black women have more student debt than any other demographic in America. Student debt relief could be a down payment on reparations.
Here's How Private Equity Makes Your Life More Expensive
Shady investors are rigging the economy to get rich by making your life more expensive.
Are We Ever Going to Stop the National 'Debt' Propaganda?
Mark Dempsey: The real-world sequence of fiscal actions must be "spend first, then retrieve some dollars in taxes." That's how the real world actually works.
Can Rise In Mass Protest Confront Global Capitalism?
Capitalism is pushing to expand on the backs of working masses who can tolerate no more hardship and deprivation.
Canceling Student Debt: A Matter of Racial Justice
Student debt disproportionately impacts Black and Brown Americans. It’s time to end this collective financial burden, and the president can do so with the stroke of a pen.