Krystal Ball: How Biden LOST The Left In A Single Day
The Biden Administration using the US military to illegally occupy NE Syria
James K. Galbraith is plainly brilliant.
The Mess in Texas | James Galbraith
University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy to the problems of inequality and climate change.
You may want to return to the 22:36 mark and re-listen to how he explains why the Phillips Curve is too far out of touch for it to wake up any time soon, if ever.
I love the way he ended the interview about the clueless who are still in charge.
I can't believe this idiotic product hasn't been shot dead in the head.
... the day that the Fed bails out the biggest most leveraged bitcoin gamblers because the price collapse of bitcoin is threatening to take down their highly leveraged funds, thereby threatening to collapse the entire financial system – that will be the day bitcoin has truly arrived.
“We applaud state leaders for beginning to address the chronic flooding and rising seas that are impacting real estate values and insurance costs in Florida. We must adapt to rising seas but, we also must lower the heat and rising temperatures causing seas to rise,” she said.
I never thought I'd think it; but, if Bernie still has his health at the time, he should run against Biden again or anyone else if Biden doesn't run.
In the U.S., the Covid-19 crisis pushed an additional 13.2 million people into food insecurity, a 35% jump from 2018, according to estimates from Feeding America, the nation’s largest hunger-relief organization.
In the U.S., prices rose close to 3% in the year ending Jan. 2, according to NielsenIQ, roughly double the overall rate of inflation. That small jump adds up, particularly for families already near the edge. The poorest Americans already spend 36% of their income on food, according to the U.S. Department of Agriculture, and mass layoffs in lower-wage work like retail and transportation have increased the strain on household budgets.
... Testifying before the U.S. House Financial Services Committee last week, Federal Reserve Chair Jerome Powell pointed to food insecurity as one example of how the pandemic has strained poorer communities, and as another impetus to get the economy moving again.
“I think we’ve all been struck — how could you not be struck — by the uptake in the food area,” Powell said. “It’s a sign that support is needed and we really need to get the economy recovered as soon as possible.”