Monday Madness

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As the corporate media bangs the drum of imminent recession, we need to take a look at how tens of millions of American households that live paycheck to paycheck are situated for another choreographed downturn.

It will tell you all you need to know about the predatory nature of late-stage vulture capitalism, over which Donald Trump presides as its orange mascot. What jumps out when you look at the data is just how phony the “longest recovery” has been — the one for which Joe Biden wants to take a victory lap.

Lost ground

The stark reality is that in the last decade or so the rich have gotten richer as the rest of the country has sunk deeper and deeper into debt, with little to show for it except rent receipts.

As we head into the next downturn, whenever it happens, tens of millions of American families are hanging on the edge of economic oblivion. Thanks to the Trump tax cut, their government will be too much in debt to throw them a lifeline.

Bob Hennelly @ ALTERNET

About Den

Always in search of interesting things to post. Armed with knowledge and dangerous with the ladies.
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9 Responses to Monday Madness

  1. Den says:

    Driving the economy into the ditch, what a legacy.

    Like

  2. Micki says:

    Stop the world, I wanna get off!

    Like

  3. David B. Benson says:

    Half of the thrown away pizza crust left for another day or crow. A very sick tree. Typical 15 minutes to the Hillside Cafe.

    Like

    • David B. Benson says:

      Up to Kimbrough Hall to fortunately locate my lost spectacles. On to the CUB for Cougar Cash. Out to the optometrist’s for spectacle touch ups and then back to the Birch & Barley; 63 minutes. Lots of sun.

      Like

    • David B. Benson says:

      And home, once again past a busy campus.

      Day 2: 32+111=143 minutes.

      Like

  4. Micki says:

    From Common Dreams:

    Despite impassioned pleas and people organizing for months to demand the Democratic National Committee sanction a climate-focused debate for this primary, the DNC over the weekend voted down a resolution that would have made a debate possible.

    To put it mildly—and for anyone concerned about the future of the planet—this is infuriating. While opponents said it would be “dangerous” to upset the rules of the primary debate schedule, author, journalist, and longtime friend and ally to Common Dreams Naomi Klein disagreed:

    “This matters. A DNC that won’t bend the rules of its debate playbook in order to treat climate change like an emergency will not support policy that is transformative enough to actually stop the emergency.”
    And Princeton University professor Keeanga Yamahtta Taylor put it this way:

    “This past July was the hottest in human history. The temp reached 94 degrees in the Arctic Circle. Temps reached 114 in France. Temps in India reached 120. The crisis is not coming. We are here. It’s the most crucial question facing the human species. What is the DNC afraid of?”
    It’s a crucial question.

    We have been covering this fight since groups such as Sunrise Movement, 350.org, and others started demanding a climate debate months ago, and we won’t stop covering the climate emergency until leaders from all political parties across the world treat it with the urgency it demands.

    The DNC just failed all of us….

    Like

    • Den says:

      Absolutely stunning!

      Do we know who the Democrats really are?

      If one were elected president would they too embrace this idiocy?

      It might boil down to both corporate owned parties following the same policy that is currently in play? We don’t know do we until one gets elected and we find out the truth that this election like the ones before it are rigged against non-rich Americans in favor of corporate interests.

      Like Christmas gifts of pain without the happiness, can’t wait.

      Like

  5. Carol says:

    Cleaned up my workbench in the garage. Drove out to the farm north of here for more tomatoes. Their Early Girl’s are the best.

    This computer room is dusted and vacuumed. Nice and neat and clean in here.

    That’s all I got tonight.

    Like

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