2020-10-02: News Headlines

Mark Gruenberg (2020-10-01). Latest jobs data give the lie to Trump's 'great economy'. peoplesworld.org WASHINGTON—Some 18.16% of U.S. workers—almost one of every five—got state or federal jobless benefits in the latest week of available federal data, ending Sept. 12, the Bureau of Labor Statistics reported. That's 524,856 more people than in the week before, BLS's table showed. That increase in total unemployment aid beneficiaries does not count the 1,437,062 …

RT (2020-10-01). UK govt seeking to avoid national lockdown to 'stop unemployment in millions' — minister. rt.com The UK government is seeking to avoid a full national lockdown to save jobs, Environment Secretary George Eustice has said, after 700,000 people became unemployed during the Covid-19 crisis. | "I've not seen any projections of four million [unemployed materializing] but certainly we know that there are some 700,000 extra people that are already unemployed," Eustice told Sky on Thursday. "It's for precisely that reason that we are trying to avoid full lockdown." | The Office for Budget Responsibility forecast in July that unemployment in Britain would peak at 11.9 percent in the last quarter of 2020, which is e…

Phyllis Bennis (2020-10-01). The Pentagon Took Money for Covid-19 Relief and Bought… More Weapons. commondreams.org The Trump administration took $1 billion in stimulus funds that were supposed to go towards making masks and other protective equipment for the pandemic — and gave most of it to weapons manufacturers. (Photo: Shutterstock) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/shutterstock_1779766358.jpg

Michael J. Talmo (2020-10-01). The Pandemic That Never Was. globalresearch.ca On March 11, the World Health Organization (WHO) declared COVID-19 a pandemic. When I think of this scary word it conjures up heartbreaking images of vast numbers of people suffering, precipitated into abysmal poverty. The WHO used to agree with …

Matt Bruenig (2020-10-01). The Racial Wealth Gap Is About the Upper Classes. zcomm.org Here's an idea: we should redistribute wealth from the largely white 1 percent to the poor and working class of all races — tackling both racial and class inequality simultaneously.

Staff (2020-10-01). New Technologies Should Be Regulated by Government — Not by Those Who Profit. truthout.org Humans are inventing new technologies at a breakneck pace, adding to the thousands of previous innovations that have created vast wealth and greatly expanded the possibilities for human well-being. But technology has also created the climate emergency, the As tec…

Alan Macleod (2020-09-30). Fed Study on Household Wealth Reveals Troubling Trends in American Inequality. mintpressnews.com Millionaires and billionaires hold a remarkable 79.2 percent of the United States' household wealth. That is according to a newly released triennial

Eds. (2020-09-30). A missing pledge in the 2020 Democratic Party platform. mronline.org For 52 years—from 1936 to 1988—the Democratic Party pledged support for the achievement of full or maximum employment.

Alex MacDonald (2020-09-30). One year on, has Iraq's anti-government protest movement changed the country? middleeasteye.net One year on, has Iraq's anti-government protest movement changed the country? | Activists and analysts say year-long campaign has had huge social – if little political – impact on Iraq | Wed, 09/30/2020 – 09: 18 | Iraqis protest on Jumhuriya bridge in Baghdad in November 2019 (MEE/Alex MacDonald) | In the year since Iraqis took to the streets en masse to protest against unemployment, corruption,…

Asad Ismi (2020-09-30). Vietnam: Virus Contained, Inequality Let Loose. globalresearch.ca Vietnam won international praise for its response to COVID-19. But the country's intensifying capitalist restructuring may leave its people sicker and more impoverished. | *** | As of the first week of August, official records showed that 10 people had died of …

Scott Ritter (2020-09-30). China, Climate Change and the Uighurs. thealtworld.com China's new national objective of achieving carbon neutrality by 2060 depends on bringing the remainder of its population out of poverty and then focusing on carbon-neutral technologies to achieve full sustainability. To support this ambition, China is counting on the economic and political success of its Belt and Road Initiative (BRI) for foreign investment and development, and especially the New Silk Road transportation system connecting Chinese manufacturing and markets to consumers in Central Asia and Europe. This geographical pivot in trade and investment draws heavily on the vast spaces of western China [md…

The Canary (2020-09-29). Former Sainsbury's boss to take on key Test and Trace role. thecanary.co The former chief executive of Sainsbury's is to take over as testing director at Test and Trace.Mike Coupe, who retired as chief executive officer of Sainsbury's at the end of May, is set to replace Sarah-Jane Marsh who is returning to her post as chief executive of Birmingham Women's and Children's NHS Foundation Trust.Dido Harding, who runs NHS Test and Trace and is interim executive chair of the National Institute for Health Protection, said in an email to staff that Mr Coupe "will bring a wealth of experience in large scale supply chains, logistics and digital transformation".Baroness Dido Harding (Dominic Li…

Dean Baker (2020-09-29). How's that Recovery Going? cepr.net Donald Trump boasts endlessly about the economic recovery and insists that people are doing great now. The numbers disagree. We will get the last employment report before the election on Friday. The unemployment rate reported for August was 8.4 percent. We'll see what happens on Friday, but we are not doing especially well compared to …

Brett Wilkins, staff writer (2020-09-29). To Fight Covid-19, Address Inequality, and Boost Recovery, NJ Gov. Signs Millionaires Tax Into Law. commondreams.org "We truly are setting an example for the nation on how to build an economy that works for all of us, not just a chosen few." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/march_4.jpg