Can democracy in the United States survive naked dictatorial ambition and Christian nationalism in 2024? The biggest danger today: a vengeful would-be dictator and a cultist Christian nationalist movement that are reaching for absolute power in our country. Please help us to inform, to mobilize and to inspire the forces of multi-racial, radical, inclusive democracy to defeat this threat in 2024.
The Fed’s pursuit of its 2% inflation target will slow economic growth, repress wage gains, make almost everyone’s job less secure, and put us at risk for a recession.
A POLITICO analysis shows that pandemic-era policies reversed the trend toward a widening income gap. The move away from them threatens those gains. Which way will Biden turn?
Reader Comments: Bank Failures, Deregulation and Fed-Raising Interest Rates; Illegal Invasion of Iraq; Slash Pentagon Budget; Jim Crow South; New Day for UAW; Light Communication; Letters From Langston; US Policy and Taiwan; How Workers Win
Our government has the tools to address the cost-of-living crisis. It just needs to use the right ones.
It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.
We need to greatly expand the role of fiscal policy relative to monetary policy and address inflation while also promoting low unemployment, needed new investments, decent wages and a much fairer distribution of income and wealth.
The costs of recession are not simply limited to those workers who lose a job— they're incredibly widespread across the workforce.
New government data show that after the government terminated pandemic relief programs, millions more Americans began struggling to survive.
Federal Reserve chairman Jerome Powell plans to address sky-high inflation by hiking interest rates — acknowledging that doing so will suppress wages and worker power. It's a response that will force workers to bear the brunt of the inflation crisis.
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