Investment

Green Energy initiatives in Dem Infrastructure Bill infinitely Cheaper than a gradualist phase-out of Fossil Fuels

Ann Arbor (Informed Comment) – The green energy proposals in the $3.5 trillion Democratic Party infrastructure bill now being heatedly debated have been attacked from the Right and even the center as “costly.” That is wrong, wrong, wrong. The faster we put in solar panels and wind turbines, the more money we will save, to […]

China

China Emerging as Competitor to Tesla: Will it build the best Cars in the World?

The Conversation

By Tom Stacey ” Europeans and other western nations have dominated automotive excellence for over a century. Whether it is the satisfying thud of the door closing on a Volkswagen from Wolfsburg, or the beauty of a Ferrari from Modena, these brands are iconic – and very lucrative for their manufacturers. When we think of […]

Afghanistan

Taliban seek China as Silk Road reconstruction Partner

Middle East Monitor

Ali Hussein Bakir | – ( Middle East Monitor) – In an interview conducted recently with an Italian newspaper, the Taliban movement spokesperson, Zabiullah Mujahid, pointed out that the movement was ready to rely on China economically in its bid to manage the country following their swift takeover after the US troops withdrawal from the […]

Featured

On Labor Day, Poverty for Workers has fallen from 12.8% to 8.5%

Juan Cole

Revised. Ann Arbor (Informed Comment) – This Labor Day, American workers finally have something have to celebrate, by virtue of having voted for a Democratic president and Congress. The pandemic-driven labor shortage has raised wages. Direct payments from the government, including an expanded child tax credit and expanded unemployment benefits added $3,200 to the income […]

Banking

This time, it is the Students and the Unions that the Gov’t Needs to Bail out for a Healthy Economy

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Digging our way back out of the pandemic recession will not be easy, but we have the advantage of knowing what worked and did not work in the 2008 crisis. Any policy choice today does not operate on a blank slate. No one knows this more than […]

Democratic Party

The Real Morning in America: ~2/3s are Optimistic under Biden: majorities want Gov’t to fix the Economy and blame GOP for Obstruction

Juan Cole

Ann Arbor (Informed Comment) – A new ABC News/ Ipsos poll finds that 64% of Americans are optimistic about the next twelve months. It is the first time we have felt that way about ourselves since before George W. Bush crashed the economy by deregulating everything. “Morning in America” was the slogan of the minor […]

Inequality

Just how Bold is Biden’s Plan to Pay for Infrastructure by Making Rich Pay their Fair Share?

Sam Pizzigati

( Inequality.org) – President Joe Biden has made no secret of his admiration for Franklin D. Roosevelt. He’s even given a painted portrait of FDR the most prominent place of honor in the White House Oval Office. A bit more significantly, Biden has just announced the most ambitious gameplan — since FDR’s New Deal — […]

Investment

Don’t Let Wall Street Get Rich Speculating on our Water

Jim Hightower

( Otherwords.org ) – Shameless speculators are trying to privatize and commoditize the water all humans need to live. By Jim Hightower | April 28, 2021 Oh great — here comes a new stealth attack on the fragile, life-sustaining natural resources of Planet Earth. This latest assault by Wall Street alchemists would redefine one of […]

African-Americans

Systemic Racism won’t End with One Trial, But Biden-Harris can enlist Government in addressing Economic Inequality at its Root

Juan Cole

Ann Arbor (Informed Comment) – African-Americans face aggressive policing in part because, on average, they lack resources. Household wealth allows a family to donate to political campaigns, to ensure a good education for their children, and to join influential civic clubs and organizations. The Center for American Progress reports that in 2019, before the distortions […]