Profits are booming and corporations are raising prices, but instead of regulating corporations, the Federal Reserve is using its powers to create a recession and raise unemployment. Workers will suffer.
Over the past decade, a low-wage workforce that chases solar installation projects from state to state for meager wages has proliferated around the country.
The Republican transformation of the federal judiciary in the 1860s and 1870s served the party well in the Civil War. But in the end, Lincoln and Grant’s high court appointments ended up being disastrous for civil rights.
Will Sennott
Co-published by The New Bedford Light and ProPublica
Owned by a billionaire Dutch family, Blue Harvest Fisheries has emerged as a dominant force in the lucrative fishing port of New Bedford, Massachusetts. Its business model: benefit from lax antitrust rules and pass costs on to local fishermen.
A few years ago, commentators were announcing the demise of the Latin American left. But if Lula wins this autumn’s presidential election in Brazil, the Left will be governing the region’s six largest economies for the first time.
The Fed knows inflation is a problem born of insufficient supply that only governments can tackle. But that doesn’t look like stopping it from pushing the US economy, and everyone else’s, into recession.
What will it take for Democratic leadership to cry foul? It’s ultimately toxic for the party leadership to tacitly welcome a group currently endorsing a Republican who compared Democrats to Nazis.
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