Rep. Katie Porter confronted a CEO about the industry’s lies about why drug prices need to be high with visuals. It’s stunning. Congresswoman Katie Porter grills a lying Big Pharma Executive See full episodes here. Big Pharma says they need to charge astronomical prices to pay for research and development....
Buybacks
Remember Infrastructure Week? It’s coming back—this time without an infrastructure weakling deflating the promise of a newly rebuilt America. Joe Biden is set to unveil his sweeping $3 trillion infrastructure plan, and according to Axios, top economists are simply “giddy” about its prospects. Of course, Republicans understand Keynesian economics as...
As Climate Crisis returns to the new US administration agenda, negative emissions technologies (NETs) may find their implementation hindered by neoliberal financialization. An earlier ACM story showed how Steve Keen’s critique of Nordhaus’s use of discounting climate change demonstrates that orthodox economics is incapable of accelerating innovation especially in...
Received this e-mail today from former U.S. Senator Barbara Boxer (D. CA): Our country owes a debt of gratitude to House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer. Thanks to their tireless negotiations and standing firm for core Democratic principles, Congress passed a stimulus package today that will...
So people are freaking out about whether we’ll have enough masks, ventilators, and other crucial medical equipment when COVID-19 cases peak in this country. It’s what one might call a hair-on-fire emergency. And yet the Trump administration is still acting as if everything will all work out somehow. A Saturday...
I’ve always loved Elizabeth Warren’s “I Have A Plan For That Motto” because it rings so true. Today, she unveils three new plans that cover three big issues. First, the Coronavirus: Warren’s plan has several provisions, starting with attempts to help people who need or will need medical attention. She wants...
in case anyone cares. There are a variety of reasons. Let’s start with the more mundane, or rather, those involved with my personal life. This has been a very difficult school year, for a lot of reasons. Perhaps when I note that I have been assaulted by students 3 times...
A new Gallup poll last week once again confirmed that Americans are decidedly unimpressed by the GOP’s “Tax Cuts and Jobs Act” passed in December. Coming just weeks after a Fox News survey found Obamacare enjoyed greater popularity than the Republican tax cuts, Gallup’s latest tally revealed that respondents continue...
How many people does Donald Trump have to screw over financially before we all stop believing him? If he were selling a couch on Craiglist I’d bring a Taser and a bomb-sniffing dog with me. So why would anyone trust him when he says shit like this? “We expect to have...
Campaign Action During the run-up to the passage of the “Republican Tax Cuts and Jobs Act” late last year, one technical paper from the Treasury Department’s Office of Tax Analysis suddenly went missing. Why “Distributing the Corporate Income Tax: Revised U.S. Treasury Methodology” alone among the office’s four-decade online archive of...