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America has never worried about financing its priorities | FT

By Underground | January 16, 2019

Modern monetary theory is just a different way to fight over what those priorities should be. Modern Monetary Theory in the Financial Times. Source: America has never worried about financing its priorities … Continue reading America has never worried about financing its priorities | FT

The Green New Deal: How We Will Pay for It Isn’t ‘a Thing’ – and Inflation Isn’t Either | Forbes

By Underground | January 16, 2019

Those who ask ‘how will we pay for’ a Green New Deal need to learn public finance. Ditto those fearing inflation. We’ll pay for the GND as we do everything else, and … Continue reading The Green New Deal: How We Will Pay for It Isn’t ‘a Thing’ – and Inflation Isn’t Either | Forbes

The Student Loan Debt Crisis Is About to Get Worse

By Underground | January 16, 2019

Federal student loans are the only consumer debt segment that’s grown continuously since the Great Recession. The next generation of graduates will include more borrowers who may never be able to repay. Source: The … Continue reading The Student Loan Debt Crisis Is About to Get Worse

Insect collapse: ‘We are destroying our life support systems’

By Underground | January 16, 2019

Scientist Brad Lister returned to Puerto Rican rainforest after 35 years to find 98% of ground insects had vanished Scientist Brad Lister returned to Puerto Rican rainforest after 35 years to find … Continue reading Insect collapse: ‘We are destroying our life support systems’

Billionaires vs. LA Schools

By Underground | January 16, 2019

Unlike many labor actions, the Los Angeles teachers’ strike is not really about wages or benefits. At its core, this is a struggle to defend public schools against the privatizing drive of … Continue reading Billionaires vs. LA Schools

Debt? What debt? The new wave in Democratic thinking – CNNPolitics

By Underground | January 13, 2019

So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just … Continue reading Debt? What debt? The new wave in Democratic thinking – CNNPolitics

Progressive Ideas Matter to Voters. So Why Do Democrats Fixate on Identity?

By Underground | January 11, 2019

Democrats’ focus on personalities and demographics over a popular progressive policy agenda and an anti-establishment sentiment may bring defeat in 2020. “…a bold, clear ideology is precisely what excites Americans.” “What these … Continue reading Progressive Ideas Matter to Voters. So Why Do Democrats Fixate on Identity?

A 1950s TV show had a fear-mongering conman named Trump who wanted to build a wall

By Underground | January 10, 2019

On May 8, 1958, art imitated life in 2018. In an episode of a TV show called Trackdown, there was a conman named Trump, who tried to scare the bejeezus out of a … Continue reading A 1950s TV show had a fear-mongering conman named Trump who wanted to build a wall

Macroeconomic malpractice in action | FT Alphaville

By Underground | January 8, 2019

Why the IMF’s insistence that Jamaica runs a primary surplus of 7% constitutes bad macroeconomics which must be called out. #IMF policies are “economic malpractice in action”, says former senior IMF economist … Continue reading Macroeconomic malpractice in action | FT Alphaville

90 percent of ocean plastic waste comes from Asia and Africa • Earth.com

By Underground | January 8, 2019

A new study shows that 90 percent of global ocean plastic pollution can be traced back to ten major rivers in Asia and Africa. You can’t clean up the world by fixing … Continue reading 90 percent of ocean plastic waste comes from Asia and Africa • Earth.com

Trump gave AT&T a $20B tax brea, they killed Net Neutrality & now they’re prepping mass layoffs

By Charles | January 8, 2019

Trump gave AT&T a $20B tax break and killed Net Neutrality, now they’re prepping mass layoffs I guess all those government favors didn’t provide the benefits AT&T claimed they would. Source: Trump … Continue reading Trump gave AT&T a $20B tax brea, they killed Net Neutrality & now they’re prepping mass layoffs

Salt-Water Fish Extinction Seen By 2048 – CBS News

By Underground | January 7, 2019

Study By Ecologists, Economists Predicts Collapse of World Ocean Ecology This is really bad and will require immediate action to try to stop it. Source: Salt-Water Fish Extinction Seen By 2048 – … Continue reading Salt-Water Fish Extinction Seen By 2048 – CBS News