inequality

In Our Corona-Capitalist Dystopia, You Can Have Multiple Star Wars Helmets, But No Health Care
realnews.today
If you’ve found yourself impulsively shopping online during quarantine, you’re not alone. And there’s no shame in it. But this is our corona-capitalist dystopia: purchasing things we may or may not need while desperately needed public services are l ...[Read more]
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Business groups prepare for lobbying push against $15 minimum wage
realnews.today
Business groups are preparing for a lobbying fight after Democrats in both chambers reintroduced a bill Tuesday to raise the federal minimum wage to $15 by 2025. The Raise the Wage Act, spearheaded by incoming Senate Budget Committee Chairman Bernie Sand ...[Read more]
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Even in Poorer Neighborhoods, the Wealthy Are Lining Up for Vaccines
realnews.today
As soon as this city began offering Covid vaccines to residents 65 and older, George Jones, whose nonprofit agency runs a medical clinic, noticed something striking. “Suddenly our clinic was full of white people,” said Mr. Jones, the head of Bread for ...[Read more]
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‘We Have Got to Act Now’: As GOP Introduces Weak Relief Bill, Sanders Says Dems Already Have Enough Votes to Pass Stronger Package
realnews.today
Sen. Bernie Sanders of Vermont on Sunday told ABC host Martha Raddatz that there is a sufficient amount of support within the Democratic Party to pass President Joe Biden's $1.9 trillion coronavirus relief package and warned that failing to immediately di ...[Read more]
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The GameStop Fiasco Exposes the Fantasy That Capitalism Can Be Democratic
realnews.today
When tech platforms, regulatory agencies, and social media companies conspire to swat down share purchases that get in Wall Street’s way, they’re doing us all a favor: they're showing us the ruthlessly hierarchical reality of neoliberalism behind the ...[Read more]
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‘Cry Me a River’: Sanders Hits Back as Billionaire Investor Whines About Potential Tax Hikes Amid GameStop Fiasco
realnews.today
As the ongoing GameStop saga sparked renewed calls for a financial transactions tax and other commonsense redistributive measures to tackle soaring inequality and Wall Street abuses, billionaire investor Leon Cooperman took to the airwaves Thursday to fum ...[Read more]
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McDonalds Workers in Denmark Pity Us
realnews.today
As a share of G.D.P., Denmark’s coronavirus relief spending is a bit less than America’s, but it seems more effective at protecting the population. The upshot is that Denmark staggered through the pandemic with employees still on the payroll and still ...[Read more]
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Billionaires add $1tn to net worth during pandemic as their workers struggle
realnews.today
Billionaires in the US have increased their net worth by more than $1tn during the coronavirus pandemic, while many of their US workers have struggled with coronavirus risks in workplaces, for little to no extra pay to work in hazardous conditions, and mi ...[Read more]
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Health insurance or food: Americans face difficult choices amid pandemic
realnews.today
Throughout the United States, Americans with chronic illnesses have been forced to navigate a healthcare system battered by the coronavirus pandemic while trying to afford medical treatment and resolve health insurance issues. That has led to many America ...[Read more]
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Joe Biden wants to give you a $2,000 stimulus check — and it could be quick
realnews.today
t has been less than two weeks since Americans started getting their second coronavirus relief payments — "stimulus checks" — and the anticipation about a third phase is already heating up. President-elect Joe Biden has called the current $600 round o ...[Read more]
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Trump demands Congress increase second stimulus check from $600 to $2,000. Here are the chances of that happening
realnews.today
President Donald Trump is demanding lawmakers raise the second round of stimulus checks to $2,000 per person, from $600. “I am asking Congress to amend this bill and increase the ridiculously low $600 to $2,000, or $4,000 for a couple,” Trump said in ...[Read more]
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