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Economy
Biden’s Actions Are a Start, But the US Is Still Sacrificing Poor People
It’s time for us to fight for a comprehensive, intersectional, bottom-up approach to confront economic injustice.
2021 Had Lowest-Ever Supplemental Poverty Rate, Thanks to Stimulus Provisions
The Census Bureau finds the child tax credit and stimulus payments were two of the top drivers of poverty reduction.
Wall Street Giants Set to Smash Profit Records Off Energy Crisis, Global Hunger
Wall Street banks have not just benefited from the commodity price increases — they’ve actively helped fuel them.
“Give Millions of People a Raise”: Progressives Ask Biden to Expand Overtime Law
Currently, only full time salaried workers making less than $35,568 are guaranteed overtime pay by law.
AOC Says Reversing Trump Tax Cuts Could Fund Cancelation of All Student Debt
The lawmaker reminded followers that it’s thanks to activists that the White House canceled student debt at all.
Throwing People Out of Work Is No Way to “Fix” the Economy
We can have a strong job market and lower inflation — and we don't need more painful interest rate hikes to do it.
Mitch McConnell’s Condemnation of Debt Relief Is Dripping With Hypocrisy
Biden’s debt relief plan is not nearly enough, but it is a key step. Of course, Republicans are decrying it as “unfair.”
Corporate Profits Surge to an All-Time High of $2 Trillion
As new federal data shows record-breaking profits, the vast majority of us are hit hard by corporate price-gouging.
Cancel It All: An Interview With Astra Taylor on the Call for Full Debt Relief
Taylor debunks cynical arguments against debt cancellation, including Mitch McConnell's complaints about Biden's action.
Biden Announces Long-Awaited Plan to Cancel Up to $20K in Student Debt
The president also said he is extending the student loan payment pause “one final time” until December 31.