Truthout
Economy
Mutual Aid Efforts Are Working to Fill the Gaps of Biden’s COVID Response
Many of these grassroots responses are taking place in communities that have been hit hardest by the pandemic.
Republicans Are Suing to Use Stimulus Relief to Cut Taxes. It’s All Theater.
The lawsuits from 16 GOP-led states are more likely to score political points than prevail in court.
AS COVID Cases Soar in India, Advocates Urge Biden to End “Vaccine Apartheid”
India reported a global record of over 400,000 COVID-19 cases in a single day Friday.
Third Round of COVID Checks Led to Historic Monthly Rise in Household Income
Federal Reserve Chairman Jerome Powell dismissed inflation worries as households saw biggest monthly boost since 1959.
What If 401(k)s Could Fund the Green New Deal Instead of Wall Street?
A majority of Americans support the idea of a National Investment Authority -- a public alternative to Wall Street.
COVID Profiteering Exposes the Need to Make Marxism Accessible to All
“A People’s Guide to Capitalism” demystifies and makes accessible the fundamental concepts of Marxist economics.
Billionaires’ Pandemic Profits Alone Could Pay for Most of Infrastructure Plan
American billionaires’ collective wealth has grown by 55 percent to a whopping $4.56 trillion during the pandemic.
Canceling Student Debt Will Help Health Care Workers and Advance Racial Justice
Canceling student debt would provide some instant relief for people who could really use it right now.
Dem Senators Propose New Standards to Permanently Increase Unemployment Benefits
The bill by Senators Ron Wyden and Michael Bennet would also add extra benefits in times of national economic crises.
Biden’s Domestic Spending Plan Is Welcome, But More Military Spending Isn’t
With most Democrats in favor of reducing military spending, there’s a chance to shift the focus of federal expenditures.