Economy

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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Big Pharma Is Fighting to Deny Canadians Access to Treatment
realnews.today
The vast majority of Canadians want a national pharmacare program, but right-wing think tanks and corporate lobbyists are battling to obstruct it. It’s time to stand up to their bullying and implement universal pharmacare so everyone can get the treatme ...[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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Chinese internet stocks soar as phony tech war fades
realnews.today
Inaction against China’s largest internet companies with a combined market value of $1.3 trillion follows a recurring pattern in Washington’s phony war against China. ...[Read more]
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We Don’t Have to Keep Shoveling Money to Big Ag
realnews.today
Big Ag had a field day last year at the federal trough, gulping down more subsidies than ever before. We can do much better — promoting sustainable farming while empowering farmworkers and challenging the power of Big Ag. ...[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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Americans are Broke and Hungry, as Politicians Have Sat on Their Hands
realnews.today
Covid-19 not only killed over 300,000 Americans, it also bankrupted millions. When it first attacked, congress and the white house rushed billions to rich corporations, while the Fed turned on the money spigot to keep the stock market afloat. But this lar ...[Read more]
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US – We Can’t Survive on $600. The New Relief Bill Is Not a Victory.
realnews.today
Democrats refused to seize a rare opportunity to outmaneuver Republican Senate leader Mitch McConnell. They settled for a COVID relief bill that skimps on benefits, provides tax breaks to the rich, and pulls us toward austerity extremism. ...[Read more]
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They Said Tax Cuts for the Rich Would Create Jobs. It Never Happened.
realnews.today
For forty years, governments around the world have been cutting taxes on the rich, claiming that the result would be more jobs and higher incomes. A new study shows how catastrophically wrong that policy has been. ...[Read more]
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