2020-05-29: News Headlines

Stephen Lendman (2020-05-29). The Great US 2020 Wealth Transfer Heist. Deep Inequalities in US Society. globalresearch.ca In less than three-and-a-half years in office, Trump oversaw the Great GOP 2017 tax cut heist. | It handed corporate America and high-net-worth individuals a multi-billion dollar bonanza of enhanced wealth — followed this year by what I call 9/11 2.0, …

Ari Paul (2020-05-29). Coverage of School Reopening Needs to Include School Workers. commondreams.org School closures have created some of the most trying ordeals for families in this pandemic. (Photo: carl_hfser/flickr) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/education_poverty_0.jpg

Patrick Butler Social policy editor (2020-05-29). Glasgow woman, 94, rescued after not eating for five days in lockdown. theguardian.com Salvation Army tells of case as it reports 'poverty tipping point' in area hit hard by Covid-19

Lucas Leiroz de Almeida (2020-05-29). Bolivia's Parliament Summons "Interim President" Jeanine àÅñez to Clarify Corruption Scandal. globalresearch.ca The coup d'état carried out in Bolivia was the starting point for a major wave of social, political and economic setbacks in the country. Bolivia is the poorest country in South America, with very high poverty rates, however, during the …

WSWS (2020-05-29). Child poverty and hunger set to spike in Puerto Rico. wsws.org Even before the pandemic, the island was reeling from a decade-long economic recession, chronically low labor force participation rates and a public debt crisis that served as a pretext for years of severe austerity policies.

Sonali Kolhatkar (2020-05-29). For America's Wealthiest, the Pandemic is a Time to Profit. counterpunch.org The American Enterprise Institute's (AEI) Michael Strain wrote an op-ed in the New York Times recently explaining how "The American Dream Is Alive and Well," and that in his opinion this nation has, "bigger issues than inequality." Strain's piece is part of the paper's new pandemic-era series called "The America We Need" and engages in

Zoe PC (2020-05-29). In Colombia, the pandemic is widening inequality in access to education. peoplesdispatch.org Popular educator, professor and militant Harold García discusses how the pandemic has put stress on the public education system of Colombia and made access to education even less equal…

KCIBAKIMKWIPRCID (2020-05-29). 'We are losers in this crisis': research finds lockdowns reinforcing gender inequality. theguardian.com Campaign groups warn women across Europe risk being pushed back into traditional roles

Mike Konczal (2020-05-29). Unemployment Insurance Is a Vital Part of Economic Freedom. thenation.com Unemployment Insurance Is a Vital Part of Economic Freedom…

Mark Gruenberg (2020-05-28). Official pandemic jobless claims pass 40 million. peoplesworld.org WASHINGTON—More than 40 million people are now jobless thanks to closures resulting from the coronavirus pandemic, after the Labor Department reported 2.173 million more people joined the unemployment rolls in the week ending May 22. And that's just the official (under) count. DOL put the official number of jobless since mid-March at 30.957 million. AFL-CIO …

Bruce Bostick (2020-05-28). Trump using record unemployment to push an anti-labor agenda. peoplesworld.org Trump, followed immediately by Republican governors across the nation, stated that our nation "must reopen." Those governors all then told workers in their states that they must return to work when recalled, or they will have their unemployment benefits cut off. This past week, with millions more filing jobless claims, the total new claims related …

teleSUR (2020-05-28). Unprotected Migrants Roam Through Southeastern Mexico. telesurenglish.net Hundreds of Central American migrants are going through situations of poverty and high risk of contracting COVID-19 while wandering the streets of Tapachula, Chiapas, Mexico. | RELATED: | In this municipality, humanitarian shelters decided to avoid overcrowding and suspended the admission of new guests from Honduras, El Salvador, and Guatemala | This decision left migrants stranded in Tapachula homeless as they hope to…

Robert S. Becker (2020-05-28). Will the left leverage today's stock surge/unemployment gap shocker? nationofchange.org Fat cats play the system like hungry lions stalking prey. The progressive challenge is to educate more voters how our predatory system helps the rich get richer.

Alan Macleod (2020-05-27). "Germ-Ridden Masses" — How America's Wealthy Elite Describe the Rest of Us. mintpressnews.com Many of the world's super wealthy are trying to wait out the COVID-19 pandemic on their luxury yachts. But how to get to them without interacting with the public and catching the virus themselves? Such are the difficult quandaries only billionaires have to deal with. Fortunately, financial news outlet Bloomberg has solved the big question of the current era. A new company, it excitedly

Editor (2020-05-27). In dire economic crisis, lessons from the most oppressed. workers.org The U.S. is in a historic, crushing economic crisis, accelerated by the COVID-19 pandemic. While the Bureau of Labor Statistics reported on May 21 the official unemployment rate was 14.7 percent, that same day Fortune magazine — a voice of the capitalist class — said the U.S. real unemployment rate . . . |

Matt Sedlar (2020-05-27). The Impact of Upward Redistribution on Social Security Solvency (2020 Update). cepr.net Economic inequality in the US has ballooned since the early 1980s. Wage and salary growth at the top of the earnings distribution has significantly outpaced that at the bottom and middle, resulting in decades of unabated upward redistribution of income. The COVID-19 pandemic has exposed and exacerbated this divide. In addition to the immediate problems …

Jeff Jurgens (2020-04-30). U.S. Organizations React to Global Military Spending Report. peaceaction.org Joint Statement: U.S. organizations react to global military spending report April 27, 2020 Our diverse group of 39 think-tanks, non-profits, faith-based organizations, and advocacy groups based in the United States find the exorbitant amount of money spent on militaries worldwide to be an irresponsible and harmful use of global wealth. The Global Military Expenditures Report …

Andrey Areshev (2020-05-28). Australia & the Working of the American Imperial Hand. strategic-culture.org The paradox of Australia: a wealthy country whose complacent, U.S.-indoctrinated political elites are betraying its promise in so many important ways, writes Tony Kevin. | Tony KEVIN | It is hard to explain Australia to foreigners: a complicated former British colonial society that likes to think of itself as simple and honest, and sometimes persuades others that this may be true. The Australia of the "Dustyesky Russian Choir" that recently became a brief sensation on Russia's mainstream Channel One is a reassuring image: one in which some Russians might still sentimentally like to believe. | Yet there is a darke…

Albrecht Mueller (2020-05-29). Extremely Growing Inequality Destroys Democracy. indybay.org When one percent have half of the wealth, mistrust and cynicism drown out public spirit and trust between the generations. A fair tax system includes closing tax havens, micro-second trading, stock buybacks and insider trading…