The one thing America does not need right now as we slide into a potential global depression is more corporate welfare tax cuts. The Republican 2017 corporate welfare tax cut bill has already put the U.S. in a difficult financial bind to respond to this quickly developing economic crisis. But Republicans only know one tune, … Read more
What do you see wrong in the photo above? A large group of people congregating less than six feet apart — in disregard of CDC social distancing guidelines — at a One-Stop Career Center for unemployment insurance benefits after having been laid off from their service sector employment in Las Vegas. A massive number of … Read more
Michael T. Osterholm is Regents professor and director of the Center for Infectious Disease Research and Policy at the University of Minnesota, and coauthor of “Deadliest Enemy: Our War Against Killer Germs” (2017): For decades, Osterholm has been in the business of telling people what they don’t necessarily want to hear: Pandemics are inevitable; outbreaks … Read more
Republican leaders announced Monday the Arizona legislature plans to pass a basic spending plan and a series of “noncontroversial” bills before they may recess or adjourn sine die as a way to mitigate the effects of the growing COVID-19 pandemic. Does this mean they will jettison the controversial package of election bills and tax cut bills? … Read more
In an emergency move on Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing. Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program: The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity … Read more