The “lamestream media” coverage of passage of the COVID-19 Relief bill tended to focus on the fact that it was not “bipartisan,” i.e., that not one Republican in Congress voted for the most popular bill since raising the minimum wage in 2007, supported by 76% of Americans and even 60% of Republicans. That is almost … Read more
The U.S. had a recession in 1990-91 during George H.W. Bush’s one term as president. Although the recession was relatively mild and short-lived, it was characterized by a jobless recovery. Unemployment continued to rise in 1992, an election year, and was a contributing factor to Governor Bill Clinton defeating George H.W. Bush that year for … Read more
On Friday, CNN reported that House Democrats unveil full $1.9 trillion Covid relief bill with minimum wage increase: House Democrats took another step Friday in their effort to advance a $1.9 trillion COVID-19 relief bill, releasing the full bill text, which includes an increase in the federal minimum wage to$15 per hour, $1,400 direct checks … Read more
Billionaire wealth is exploding. They’re passing that wealth to heirs and heiresses virtually tax-free. [Distributed via OtherWords.org] History doesn’t repeat itself, but sometimes, as the old saw goes, it rhymes. Take this year’s Forbes 400. If you listen close enough, you can hear echoes of the first Forbes list back in 1982 — you just have to turn it … Read more