Same old, same old. The push for repeal began with the passage of the New Deal and the push won't end until it is repealed or effectively neutered by privatization. The push for austerity of which this is just a part risks another depression, and some would argue that it guarantees it.The LensDanger Ahead: Mike Pence Would Pick Up Where Paul Ryan Left OffStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of...

I’m writing an open access textbook on homelessness. Chapter 4 has just been published. A ‘top 10’ overview of the chapter can be found here:https://nickfalvo.ca/emergency-facilities/ The full chapter is available here:https://nickfalvo.ca/wp-content/uploads/2023/02/Falvo-Chapter-4-Emergency-Facilities-30jan2023.pdf And all material related to the book can be found here:https://nickfalvo.ca/book/

A Timeline For The United States This post provides an outline of the development of socialist and communist parties in the United States. The focus is on national political parties, not labor unions, not intentional communities, and not activist groups. The Socialist Labor Party (SLP), the Socialist Party (SP), the Communist Party of the United States of America (CPUSA), and the Socialist Workers’ Party (SWP) are the most long-lived parties considered here. Democratic Socialists of...

My daughter gave me Emma Southon’s book “A fatal thing happened on the way to the forum” for Christmas. Apart from my longtime interest in history, there was a particular reason for this choice. Rebecca took five years of Latin in middle school and high school. She got a 5 on the Latin AP exam, which entitled her to college credit, although I’m not sure whether Colorado State awarded that credit on her transcript. Along the way, she learned 33 words...

I have been negligent and have not followed up on Steve Hutkin’s “Save The Post Office” commentaries. There is a lot going on at the USPS. Appointing two new postal governors to the USPS board is an important issue. Important to the nation if it is ever going to wrestle the USPS away from Louis DeJoy and Corporate interests such as UPS, FedEx, etc. Is Biden still considering appointing two new postal governors? Save the Post Office, Steve...

A bit of rain kept me from running... so we go virtual...oculus! #creedrisetoglory #elvenassasin

Monetarist absolutely losing their shi*t because the economy is creating jobs. Watch "Meet Kevin" and clueless imbecile Patrick Bet David. Please watch entire video. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....

President Biden has so far insisted he will not negotiate over the debt ceiling.  This makes sense on one level.  The Republicans are threatening to blow up the economy to get the Democrats to agree to – and share the blame for – unpopular budget cuts.  It is easy to see why Democrats want to resist going down this path. Just saying “no” to negotiations may not work But in the real world things are not so simple.  The House Republicans may pass...

Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in America’s rentier economy”. Sources and more information here: https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis...