Reports

Reports

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Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money

By Underground | March 21, 2020

Congress has all the firepower it needs. It just needs to send spending instructions to the Federal Reserve, as it always does. We can afford to keep the country whole, this article explains why. Source: Opinion | Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money – The New York … Continue reading Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money

We Can Afford to Beat This Crisis | The Nation

By Underground | March 20, 2020

Even deficit hawks like Joe Biden know that when faced with the genuine prospect of annihilation, the only adequate response is to do whatever it takes to prevent it. We’ve done it before, we can do it again. And money is no object at this point. Source: We Can Afford to Beat … Continue reading We Can Afford to Beat This Crisis | The Nation

What Would Roosevelt Do? by Pavlina R. Tcherneva

By Underground | March 20, 2020

The US government should pull out all the stops in mitigating the economic fallout from COVID-19, not just by disbursing cash to all households, but also by implementing a federal job guarantee and many other long-overdue policies. After all, for a self-financing government, money is no object. These are all things that … Continue reading What Would Roosevelt Do? by Pavlina R. Tcherneva

Italian regions’ responses to coronavirus show testing, distancing work – Business Insider

By Underground | March 19, 2020

A region of Italy that took earlier and more aggressive measures to fight the coronavirus is now seeing fewer cases. One region, Veneto, tested everybody, even those with no symptoms, and the other region, Lombardy, only tested those with symptoms. The result is that Veneto is seeing a decrease in the spread … Continue reading Italian regions’ responses to coronavirus show testing, distancing work – Business Insider

Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

By Underground | March 17, 2020

The Trump administration has proposed $50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic. But critics are deriding it as a bailout to an industry that made bad financial decisions. Resistance to the plan emerged among Democrats and even some Republicans. They’re concerned that extra money … Continue reading Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch

By Underground | March 5, 2020

The U.S. needs protection for households — that families are not foreclosed on or evicted, that they have income to weather the storm, that credit scores aren’t ruined, that kids are not denied school lunches. It’s not about lowering interest rates, it’s about making sure Americans who are living paycheck to paycheck … Continue reading Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch

Scientists were close to a coronavirus vaccine years ago. Then the money dried up.

By Underground | March 5, 2020

“We just could not generate much interest,” a researcher said of the difficulty in getting funding to test the vaccine in humans. This is why you don’t cut budgets on these things. Source: Scientists were close to a coronavirus vaccine years ago. Then the money dried up. Continue reading Scientists were close to a coronavirus vaccine years ago. Then the money dried up.

The Lost 110 Words of Our Constitution

By Underground | February 23, 2020

The 14th Amendment says states that infringe the vote must lose representation in Congress. It’s time to actually make this happen. Interesting! Source: Politico – The Lost 110 Words of Our Constitution Continue reading The Lost 110 Words of Our Constitution

US ranks lower than 38 other countries when it comes to children ‘flourishing,’ report says – CNN

By Underground | February 19, 2020

The United States ranks No. 39 in the world in measurements of children’s survival, health, education and nutrition — and no country in the world has excess carbon emissions at levels adequate … Continue reading US ranks lower than 38 other countries when it comes to children ‘flourishing,’ report says – CNN

Medicare for All: Last Week Tonight with John Oliver (HBO)

By Underground | February 17, 2020

A pretty good explanation. Source: Medicare for All: Last Week Tonight with John Oliver (HBO) – YouTube Continue reading Medicare for All: Last Week Tonight with John Oliver (HBO)

Plant-Based Meat Has Roots in the 1970s – The New York Times

By Underground | February 16, 2020

Americans looking to cut back on meat are following a movement forged by a groundbreaking book, ‘Diet for a Small Planet.’ More than 21 pounds of protein fed to a cow made just one pound of protein for people. Source: Plant-Based Meat Has Roots in the 1970s – The New York Times Continue reading Plant-Based Meat Has Roots in the 1970s – The New York Times

New Study – Single-payer system could save US $600 billion in administrative costs

By Underground | February 9, 2020

A shift toward a single-payer Medicare For All system in US healthcare could be a potential balm to the system’s current admin cost crisis. When people ask how much it’s going to cost, this is part of the answer – at least $600 Billion a year less than it currently costs. Source: … Continue reading New Study – Single-payer system could save US $600 billion in administrative costs