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The MAGA storming of the Capitol is one year old. The attempted coup is still happening. The reshaping of the Republican Party as an insurrectionary force and the expansion of armed gangs aim to smash democracy. Please help us to inform, to mobilize and to inspire the forces of multi-racial, radical, inclusive democracy to defeat this threat in 2022.

 

The Fed Should Pause Interest Rate Rises as US Inflation Slows

Joseph Stiglitz and Dean Baker The Guardian
It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.

Energy, Cost of Living and Recession

Michael Roberts Michael Robert's Blog
To avoid the energy catastrophe and reverse the huge loss in living standards already under way, we need to take over the fossil fuel companies and phase out their production with increased investment in renewables, to reduce fuel prices for households and small businesses.

One Way Out of the White House Political Box on Student Debt

David Dayen The American Prospect
If they auto-enroll everyone in their newly generous income-driven repayment plan, it will significantly take the sting out of resuming payments. Joe Biden’s plan is the culmination of years of activist work.

The Left, Inflation and Monetary Policy

Andrew Jackson Canadian Dimension
We need to greatly expand the role of fiscal policy relative to monetary policy and address inflation while also promoting low unemployment, needed new investments, decent wages and a much fairer distribution of income and wealth.
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