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Latest IMF data helps us see how political choices impact on health and economic outcomes

By Underground | April 7, 2021

The IMF recently updated their – World Economic Outlook database – April 2021 – which allows for quick cross country comparisons. It shows that the: Eurozone has categorically failed & Austerity is a political choice and it doesn’t work. Meanwhile, China’s GDP growth per capita over the same period is over 100%, … Continue reading Latest IMF data helps us see how political choices impact on health and economic outcomes

The National Debt: Last Week Tonight with John Oliver (HBO)

By Underground | April 7, 2021

  John Oliver finally does MMT! Source: The National Debt: Last Week Tonight with John Oliver (HBO) – YouTube Continue reading The National Debt: Last Week Tonight with John Oliver (HBO)

Politicians are never so sure as when they’re wrong | Lexington Herald Leader

By Underground | April 2, 2021

“We are never so certain of our knowledge as when we’re dead wrong.” —Guy Davenport in the essay “Pergolesi’s Dog from Every Force Evolves a Form” Well written article about money. Source: Politicians are never so sure as when they’re wrong | Lexington Herald Leader Continue reading Politicians are never so sure as when they’re wrong | Lexington Herald Leader

Opinion | Biden Wants to Spend Billions to Fight Climate Change. It’s Not Enough.

By Underground | April 2, 2021

His plan is too big to pass, and too small to work. It needs to be in the Trillions, and it will more than pay for itself. Plus, help save the planet.* *Just a minor thing. Source: Opinion | Biden Wants to Spend Billions to Fight Climate Change. It’s Not Enough. – The … Continue reading Opinion | Biden Wants to Spend Billions to Fight Climate Change. It’s Not Enough.

What Georgia’s Voting Law Really Does

By Underground | April 2, 2021

Here are the most significant changes to voting in the state, as written into the new law: Voters will now have less time to request absentee ballots. There are strict new ID requirements for absentee ballots. It’s now illegal for election officials to mail out absentee ballot applications to all voters. Drop … Continue reading What Georgia’s Voting Law Really Does

Conspiracy theories are clouding real vaccine passport concerns

By Underground | April 2, 2021

Privacy and civil liberties experts warn about vaccine passports. So do conspiracy theorists. In February, Liberty, the UK’s largest independent civil liberties organization, said that when it comes to vaccine passports, even the best intentions could go terribly awry. “Even the introduction of a voluntary passport to prove if you’ve had a … Continue reading Conspiracy theories are clouding real vaccine passport concerns

In Washington, ‘Free Trade’ Is No Longer Gospel – The New York Times

By Underground | March 18, 2021

Like its predecessor, the Biden administration has largely dispensed with the idea of free trade as a goal in and of itself. Free trade has benefited mostly corporations at the expense of lost jobs at home. Finally people are waking up to the fact free trade has done more damage at home … Continue reading In Washington, ‘Free Trade’ Is No Longer Gospel – The New York Times

Janet Yellen working on overhauling global minimum corporate tax rate

By Charles | March 18, 2021

  Biden and Yellen need to raise revenue, but other countries with lower corporate taxes could lure multinational companies away. She’s holding talks. Makes sense as a lot of issues with things like wages being too low, for example, would be addressed if corporations had to pay taxes on profits each year, … Continue reading Janet Yellen working on overhauling global minimum corporate tax rate

The ‘American Dream’ of upward mobility is broken. Look at the numbers | The Guardian

By Underground | March 14, 2021

The US has far less mobility and equality of opportunity today than almost the entire European Union The American Dream is now the European Dream. Source: The ‘American Dream’ of upward mobility is broken. Look at the numbers | US news | The Guardian Continue reading The ‘American Dream’ of upward mobility is broken. Look at the numbers | The Guardian

Daylight Saving Time: Senators once again introduce a bill, Sunshine Protection Act, to make DST permanent

By Charles | March 11, 2021

A group of bipartisan senators is reintroducing a bill that would make Daylight Saving Time (DST) permanent. Daylight savings times is an antiquated system that was supposed to bring about benefits to society, but instead, didn’t. It really is time to do away with it, and it’s a bipartisan wish to do … Continue reading Daylight Saving Time: Senators once again introduce a bill, Sunshine Protection Act, to make DST permanent

New proposed voting laws could create hurdles for tens of millions of voters

By Charles | March 11, 2021

At least 250 new laws have been proposed in 43 states to limit mail, early in-person and Election Day voting. In the interest of shoring “up public confidence in the integrity of elections after the 2020 presidential contest”, proposed voting law changes in 43 states would actually decrease the amount of people … Continue reading New proposed voting laws could create hurdles for tens of millions of voters

Supreme Court Weighs Future Of Voting Rights Act

By Underground | March 2, 2021

In 2013, the court gutted a key provision of the law, citing that Section 2 of the act still bars discrimination in voting nationwide. Now, Section 2 is in the conservative court’s crosshairs. The remaining part of the voting rights act that overwhelmingly protects minorities in rural areas is itself in danger … Continue reading Supreme Court Weighs Future Of Voting Rights Act