The crisis generated by the coronavirus pandemic has a global dimension, but it has especially affected the countries of the eurozone. And in Italy it has been both economic and political.
The Democrats only defeated Donald Trump by so narrow a margin suggests that they need to re-think their political strategy big time. Joe Biden did not win the November election decisively enough to drive Donald Trump’s neo-fascist threat back to the shadows.
Valerie Wilson, director of the Economic Policy Institute Program on Race, Ethnicity, and the Economy, gave the keynote address at the Federal Reserve Symposium on Racism and the Economy. These are her remarks.
A Green New Deal is not difficult to finance. The European political elite simply do not want one, instead creating a Brown Deal giving billions of public money to corporations involved in fossil fuels, cars, airlines, airports, tourism.
Given the outcome of the elections, there seems little hope for the amount of stimulus the economy needs. The importance of increasing the use of worksharing, which is already part of the unemployment insurance system in most states.
