Daily Archives: December 20, 2020

2020-12-20: News Headlines

Ellen Brown (2020-12-20). Tackling the Infrastructure and Unemployment Crises: The "American System" Solution. globalresearch.ca A self-funding national infrastructure bank modeled on the "American System" of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve not one but two of the country's biggest problems. | Millions of Americans have joined the ranks of the …

Beau Peters (2020-12-19). The Connection Between Poverty and Mental Illness. dissidentvoice.org Image Source: Pixabay "Pull yourself up by your bootstraps." This is a saying our country is familiar with. It's a mentality that built American society the way it is today. Unfortunately, it's not the only problematic sentiment our society is familiar with either. Our society is full of platitudes, bromides all too often used to …

WSWS (2020-12-19). Canada's pandemic wage subsidy: A slush fund for wealthy shareholders and corporate executives. wsws.org The companies cited in the media exposés are not the corner stores, restaurants and other small businesses touted by the government as the beneficiaries of the wage subsidy during its rollout, but large, well-known corporations with huge revenues.

_____ (2020-12-19). Workers Suffer As US Pandemic Relief Bill Goes Nowhere In Congress. popularresistance.org Not only has the coronavirus pandemic taken a staggering toll in terms of loss of life in the United States but has also caused social and economic dislocation for the working class on a massive scale. The impact of this crisis is likely to last far beyond the distribution of a vaccine. | When the pandemic began to spiral out of control in March, Will Harris was one of the millions of retail workers who lost their income. Harris, who worked two part-time jobs, said that as the months of unemployment dragged on, "I couldn't afford all my groceries when I needed them… I felt bad for spending on anything even if i…

Ahmed Abdulkareem (2020-12-18). Mass Starvation Looms as Yemen's Currency Nears Historic Freefall. mintpressnews.com TAIZ, YEMEN- — Both Saudi Arabia and the United Arab Emirates seem to be doing everything in their power to prevent an end to the suffering in Yemen. Even those living in areas under the total control of the wealthy Gulf monarchies are facing levels of devastation that harken back to the total destruction of European cities during World War II. | With no functioning government to provide residents with even basic assistance and facing a collapsed economy amid a famine that could soon beset all of Yemen according to the United Nations, the collapse of Yemen's rial, particularly in Saudi-coalition-controlled a…

Stephen Lendman (2020-12-18). "Unhealthy Americans". Best Healthcare For the Rich. Highest Child Poverty Among Developed Nations. globalresearch.ca The world's richest country USA has one of the least healthy populations. | Among developed nations, Americans have shorter lifespans, more illnesses and injuries — despite around double the per capita amount spent on healthcare compared to other developed countries. | In …

Walter Smolarek (2020-12-18). Workers suffer as US pandemic relief bill goes nowhere in Congress. peoplesdispatch.org As the COVID-19 pandemic spirals out of control in the United States, inaction and deadlock in the government have left workers to fend for themselves amid mounting unemployment.

Fight Back (2020-12-18). More signs of weaker economy point to a 'double-dip' recession. fightbacknews.org San José, CA – Last week the U.S. economy showed more signs of weakness as retail sales in November fell for the second month in a row and new claims for regular state unemployment insurance and the federal Pandemic Unemployment Assistance rose for the second week in a row. These are more signs of a weaker economy that point to a 'double-dip' recession. | Retail sales, including online orders, fell 1.1% in November. The October figure was revised down from a 0.3% gain to a 0.1% loss. Sales over the Thanksgiving weekend, which included Cyber Monday, were down 14% as compared to a year earlier. The slide in sales i…

Colin Todhunter (2020-12-18). Health and Wealth in India — Farmers' Lives Matter. globalresearch.ca To appreciate what is happening to agriculture and farmers in India, we must first understand how the development paradigm has been subverted. Development used to be about breaking with colonial exploitation and radically redefining power structures. Today, neoliberal dogma masquerades …

Lee Camp (2020-12-17). Unemployment Skyrocketing? An Evolved Society Would Celebrate. counterpunch.org Leaf blowers are everything wrong with capitalism. . . . I'll explain that in a minute. We all know times are irredeemably grim, and they're only getting worse. The unemployment level in America seems to be setting the record books aflame, and for some bizarre reason those numbers correlate nicely with the number of Americans under 40

Mark Gruenberg (2020-12-17). Virus deaths, joblessness soar as Senate's ruling Republicans dither. peoplesworld.org WASHINGTON—New data on both coronavirus deaths and rising numbers of people getting unemployment compensation checks again point up how the U.S. Senate's ruling Republicans are dithering over helping them even as national misery rises. And even if lawmakers finally pass a stripped-down economic aid bill, there will still be a one-week gap, from Dec. 26-Jan. …

Staff (2020-12-17). As Wealthy Countries Hoard Vaccine Supply, Pandemic Could Rage in Poor Countries Until 2024. democracynow.org Health experts are raising concerns that wealthy countries have reserved enough coronavirus vaccine doses to immunize their populations multiple times over, while poorer countries may only have enough to vaccinate about 20%. Reuters reports the World Health Organization's global plan for delivering COVID-19 vaccines to 91 poor and middle-income countries faces a "very high" risk of failure and could leave billions of people with no access to vaccines until 2024. "What we see is that something like 90% of all the vaccine doses that have been purchased have actually been done directly by countries, mostly middle-in…

Editor (2020-12-17). FDR Knew Exactly How to Solve Today's Unemployment Crisis. scheerpost.com Eli Christman / CC BY 2.0] By Ellen Brown / Original to ScheerPost Millions of Americans have joined the ranks of the unemployed, and government relief checks and savings are running out; meanwhile, the country still needs trillions of dollars in infrastructure. Putting the unemployed to work on those infrastructure projects seems an obvious solution, especially given that the $600 or $700… |

Kenny Stancil (2020-12-17). Study of 50 years of tax cuts for rich confirms 'trickle down' theory is an absolute sham. nationofchange.org "Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance."