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The Lie at the Heart of Politicians’ “Job Creation”

Sarah Lazare Jacobin
When they want to wage war or destroy the planet, American political elites are obsessed with “job creation.” When workers start accruing a modest amount of power, elites demand increased unemployment.

One Way Out of the White House Political Box on Student Debt

David Dayen The American Prospect
If they auto-enroll everyone in their newly generous income-driven repayment plan, it will significantly take the sting out of resuming payments. Joe Biden’s plan is the culmination of years of activist work.

How We Broke the Supply Chain

David Dayen, Rakeen Mabud The American Prospect
Rampant outsourcing, financialization, monopolization, deregulation, and just-in-time logistics are the culprits. Our supply chains were designed for maximum profit rather than getting things to people, problems that arose in the pandemic folded in.

Bringing the Supply Chain Back Home

Robert Kuttner New York Review of Books
Is Biden ready to insist that national economic planning is not just ideologically permissible but urgently necessary?

USPS Begins Postal Banking Pilot Program

David Dayen The American Prospect
The United States Postal Service (USPS) has taken the most dramatic step in a half-century to re-establish a postal banking system. The test allows customers to cash business or payroll checks at the post office and place them onto a gift card.

The Specter of Inflation

Andrew Elrod Boston Review
Democrats don’t lose elections because of rising prices. They lose when they cut spending and raise interest rates, sacrificing other goals at the altar of price stability.
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