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This Year’s Underground Sensation: Modern Monetary Theory | The New Republic
The economic ideas that once fueled deficit mythbusters and provided hope for a pandemic recovery have spawned a vibrant political subculture. Once people understand where money comes from then they’ll realize that we can start addressing things like climate change and student loans without causing any further hardship. Source: This Year’s Underground … Continue reading This Year’s Underground Sensation: Modern Monetary Theory | The New Republic
27 Places Raising the Minimum Wage to $15 an Hour – The New York Times
The new year brings another round of increases, nearly a decade after workers started campaigning for higher pay. By the time $15/hr become standard, it may be time to raise it to $20/hr! $20/hr is what it should be had wages increased with productivity gains over the last 50 years. Source: 27 Places … Continue reading 27 Places Raising the Minimum Wage to $15 an Hour – The New York Times
State and local government stimulus needed to avoid long-term drag
Budget shortfalls threaten additional job cuts, gutted social programs, and can cripple states’ abilities to conduct coronavirus vaccination programs. The time for government to do something is now. Check out how other countries are handling the pandemic: Wages subsidized by the government during pandemic: 🇨🇦 – $2,000 a month 🇯🇵 – Up … Continue reading State and local government stimulus needed to avoid long-term drag
Supreme Court rejects Texas-led effort to overturn Biden’s victory
The move likely marks the end of the line for Trump’s legal push to reverse his defeat. Will Trump finally hand over the keys to the White House? We’ll see. Source: Supreme Court rejects Texas-led effort to overturn Biden’s victory – POLITICO Continue reading Supreme Court rejects Texas-led effort to overturn Biden’s victory
Which Trump allies want him to concede election and which don’t – Business Insider
From Melania Trump to his most loyal news outlets, some of Trump’s staunchest allies are reportedly advising him to concede. Others tell him to fight. See where Trump’s closest allies stand on him conceding or fighting to retain the presidency. Source: Which Trump allies want him to concede election and which don’t … Continue reading Which Trump allies want him to concede election and which don’t – Business Insider
US election 2020 guide: what time results are expected – and what to watch for
Election night may morph into election week if the contest is close – but here are the moments the presidential race will hinge on For the first time in US history, more … Continue reading US election 2020 guide: what time results are expected – and what to watch for
More People Have Voted Early in Texas Than the State’s Entire 2016 Turnout
Texas, a 2020 jump-ball state once considered a layup for Republicans, is shattering turnout records, with the number of early in-person and mail-in ballots now exceeding the total number of votes cast in the 2016 election. What this means for the Republicans, who took the state in 2016, nobody knows yet, but … Continue reading More People Have Voted Early in Texas Than the State’s Entire 2016 Turnout
The US Eliminated Nearly 21,000 Election Day Polling Locations for 2020
Exclusive VICE News analysis shows a 20% cut in election locations nationwide, and much deeper cuts in California, Maryland, Kentucky, New Jersey, Nevada and North Dakota. Not a smart move if we’re … Continue reading The US Eliminated Nearly 21,000 Election Day Polling Locations for 2020
Biden Says He Will Convene Bipartisan Commission To Study Reforms To U.S. Courts
The Democratic nominee envisions a bipartisan group of constitutional scholars who would, after 180 days, make recommendations to reform the court system, which Biden calls “out of whack.” Packing the court refers to something FDR threatened to do when the Supreme Court tried to stop his New Deal from happening. It means … Continue reading Biden Says He Will Convene Bipartisan Commission To Study Reforms To U.S. Courts
The world set a 2020 deadline to save nature and failed every target – CNN
In 2010, leaders from 196 countries gathered in Japan and agreed on a list of goals designed to save the Earth. Not a good start. Source: UN biodiversity report: The world set a 2020 deadline to save nature and failed every target – CNN Continue reading The world set a 2020 deadline to save nature and failed every target – CNN
Milton Friedman Was Wrong. Look at Income Inequality.
The economist’s doctrine has warped our understanding about the people an economy is supposed to serve. it’s the reason why the stock market is through the roof yet we are all struggling right now! Source: Milton Friedman Was Wrong. Look at Income Inequality. Continue reading Milton Friedman Was Wrong. Look at Income Inequality.
America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time
A new report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure Every year, $2.5 trillion—that’s trillion, with a “t”—is redistributed from the bottom 90 percent of Americans to the wealthiest 1 percent. That $50 trillion used to go to working … Continue reading America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time
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