Category Archives: Economics

Pentagon Fails Another Audit, Yet Congress Poised to Approve $847 Billion Budget

“This isn’t using our taxpayer dollars wisely,” said the National Priorities Project. “It’s robbing programs that we need, like the discontinued child tax credit that cut child poverty by half.”

By Kenny Stancil.  Published 12-1-2022 by Common Dreams

F-35A Lightning II drops a 2,000-pound GBU-31 bomb. Photo: Public Domain

Anti-war advocates blasted U.S. lawmakers on Thursday, one day after it was reported that Congress is expected to pass an $847 billion military budget for the coming fiscal year even though the Pentagon recently failed its fifth consecutive annual audit and nearly 40 million people nationwide are living in poverty.

Last month, “the Pentagon once again failed to pass a basic audit showing that it knows where its money goes,” the National Priorities Project at the Institute for Policy Studies said in a statement. “And instead of holding out for any kind of accountability, Congress stands ready to give a big raise to an agency that failed to account for more than 60% of its assets.” Continue reading

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Lame-Duck Dems Must Lift Debt Limit, Advocates Say as GOP Doubles Down on Social Security Threats

“Democrats must do whatever it takes to defeat Republican attacks on our earned Social Security benefits,” said one advocate. “That means raising the debt ceiling this year, before Republicans take control of the House.”

By Julia Conley.  Published 11-30-2022 by Common Dreams

#StoptheShutdown Press Conference with Speaker Pelosi and Senator Schumer in 2019. Photo: AFGE/flickr/CC

Progressives on Wednesday warned that time is running out for Democratic leaders to take Republicans at their word regarding slashes to social safety net programs, as U.S. Sen. John Thune indicated the GOP will use a potential fight over the debt ceiling next year as leverage to push cuts—unless the Democrats act now to raise the debt limit while they still control the Senate and House.

Thune (R-S.D.), who is the number-two Republican in the Senate as the chamber’s minority whip, told Bloomberg Tuesday that the party has a “long list” of policy priorities for the next Congress, which will commence on January 3. The party plans to put forward budget reforms including to federal programs which they have long claimed, erroneously, are unsustainable. Continue reading

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Effort to recover Indigenous language also revitalizes culture, history and identity

Myaamia Heritage Program students get a lesson from Daryl Baldwin, executive director of the Myaamia Center at Miami University in Oxford, Ohio.
Scott Kissell, Miami University, CC BY-ND

 

Daryl Wade Baldwin, Miami University

When the federal government set up boarding schools in the 19th century to assimilate Native American children into American culture, one of the objectives was to get them to turn away from the use of their native languages. In recognition of Indigenous Peoples’ Day in the U.S., The Conversation turned to Daryl Baldwin, a citizen of the Miami Tribe of Oklahoma who is a leader in Native American language and cultural revitalization and a member of the National Council on the Humanities, for insight into a tribal community’s efforts working with a university to help bring languages back.

How were Indigenous languages lost?

Many actions throughout history put pressure on tribal communities to abandon the use of their languages. This included the forced assimilation that resulted from the Indian Civilization Act of 1819. This act established Indian boarding schools to teach subjects such as math and science while suppressing the use of Indigenous languages and cultures. Continue reading

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Indigenous People Push Back Against US ‘Thanksgiving Mythology’

“We will not stop telling the truth about the Thanksgiving story and what happened to our ancestors,” says Kisha James, whose grandfather founded the National Day of Mourning in 1970.

By Jessica Corbett  Published 11-24-2022 by Common Dreams

“Many of the conditions that prevailed in Indian Country in 1970 still prevail today,” Kisha James said in Plymouth, Massachusetts on November 24, 2022, pointing to life expectancy, suicide, and infant mortality rates—along with the rising death rate for Native women. (Photo: screenshot/hate5six/YouTube)

The United American Indians of New England and allies gathered at noon Thursday at Cole’s Hill in Plymouth, Massachusetts for the 53rd National Day of Mourning—an annual tradition that serves as “a day of remembrance and spiritual connection, as well as a protest against the racism and oppression that Indigenous people continue to experience worldwide.”

“We don’t have any issues with people sitting down with their family and giving thanks,” Kisha James—who is an enrolled member of the Wampanoag Tribe of Gay Head (Aquinnah) and is also Oglala Lakota—told BBC. “What we do object to is the Thanksgiving mythology.” Continue reading

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‘Historic Win’: UN Members to Start Talks on ‘Inclusive and Effective’ Global Tax Standards

Applauding African nations that led the new resolution, one activist argued that “shifting power from the OECD is paramount to end the exploitation and plunder of developing countries.”

By Jessica Corbett  Published 11-23-2022 by Common Dreams

Tax justice campaigners have rallied around a United Nations resolution—adopted on November 23, 2022—that could lead to a U.N. tax convention. (Photo: Global Alliance for Tax Justice/Facebook)

Tax justice advocates around the world on Wednesday celebrated the unanimous adoption of a resolution to “begin intergovernmental discussions in New York at United Nations Headquarters on ways to strengthen the inclusiveness and effectiveness of international tax cooperation.”

The U.N. General Assembly (UNGA) resolution on the “promotion of inclusive and effective international tax cooperation at the United Nations” was spearheaded by the African Group—which is composed of the continent’s 54 member states—and comes after about a decade of delays on the topic at the Organization for Economic Cooperation and Development (OECD). Continue reading

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After COP27, all signs point to world blowing past the 1.5 degrees global warming limit – here’s what we can still do about it

 

Young activists have been pushing to keep a 1.5-Celsius limit, knowing their future is at stake.
AP Photo/Nariman El-Mofty

 

Peter Schlosser, Arizona State University

The world could still, theoretically, meet its goal of keeping global warming under 1.5 degrees Celsius, a level many scientists consider a dangerous threshold. Realistically, that’s unlikely to happen.

Part of the problem was evident at COP27, the United Nations climate conference in Egypt.

While nations’ climate negotiators were successfully fighting to “keep 1.5 alive” as the global goal in the official agreement, reached Nov. 20, 2022, some of their countries were negotiating new fossil fuel deals, driven in part by the global energy crisis. Any expansion of fossil fuels – the primary driver of climate change – makes keeping warming under 1.5 C (2.7 Fahrenheit) compared to pre-industrial times much harder. Continue reading

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Austin AFL-CIO Council Becomes Latest to Urge Biden to End Medicare Privatization Scheme

The labor council’s newly passed resolution warns that the scheme “allows doctors and their offices to convert a patients’ traditional Medicare choice into ACO-REACH coverage without first informing their patients.”

By Jake Johnson  Published 11-21-2022 by Common Dreams

Health and Human Services Secretary Xavier Becerra. Photo: Gage Skidmore/flickr/CC

The labor council of the Austin, Texas AFL-CIO has passed a resolution urging the Biden administration to terminate a Medicare privatization scheme that is quietly moving ahead despite vocal opposition from doctors, seniors, and progressive lawmakers.

The pilot program, which inserts private middlemen between patients and healthcare providers, was unveiled with little notice during the final months of the Trump administration despite internal concerns about its legality. The experiment has since been largely upheld by the Biden administration, which announced mostly cosmetic changes earlier this year, winning applause from industry groups that lobbied against complete elimination of the program. Continue reading

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Patients Push Biden HHS to Act as Pharma Firm Charges $190K for Lifesaving Prostate Cancer Drug

“HHS can clearly insist on limiting the U.S. price of Xtandi to the median price for other large high-income countries,” said advocates, “particularly since the drug has already generated more than $10 billion in sales from Medicare alone based upon these unconscionable pricing disparities.”

By Brett Wilkins  Published 11-20-2022 by Common Dreams

Screenshot: GlobalGiving

“Cancer does not wait, nor should cancer patients have to wait for years for their government to act.”

That’s the message patient advocates reiterated in a Friday letter asking the Biden administration to help them secure a lifesaving prostate cancer drug that costs nearly $190,000 per year despite its development being 100% taxpayer-funded.

Last year, prostate cancer patient Eric Sawyer petitioned U.S. Health and Human Services (HHS) Secretary Xavier Becerra to grant march-in rights—under which the government can grant patent licenses to companies other than a drug’s manufacturer—for enzalutamide, which is sold under the brand name Xtandi. Continue reading

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13 Senate Dems Join GOP in Voting to End Covid Emergency Declaration, Kick Millions Off Medicaid

One public health advocate warned that final passage of the resolution would “affect the cost of vaccines, tests, and treatments, restrict access to Medicaid and telehealth, and restart student loan payments.”

By Jake Johnson  Published 11-16-2022 by Common Dreams

Majority Leader Chuck Schumer called the midterm elections “a victory and a vindication” for Democrats after the results of the Nevada U.S. Senate race on November 13, 2022. Screenshot: NBC News

Thirteen members of the Senate Democratic caucus—including Majority Leader Chuck Schumer—joined Republicans on Tuesday in approving a resolution aimed at terminating the national emergency declaration for Covid-19, a move that would kick millions of people off Medicaid as experts warn of a winter infection and hospitalization surge.

While the White House said Tuesday that President Joe Biden will veto the resolution if it passes the House and reaches his desk, the Senate vote sparked outrage among public health experts and others who stressed the far-reaching implications of the resolution. Continue reading

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Amid Eli Lilly-Twitter Fiasco, Groups Call for End to Insulin Price Gouging

“The fake Eli Lilly account was right. Insulin should be free.”

By Kenny Stancil  Published 11-14-2022 by Common Dreams

Photo: Brian J. Matis/flickr/CC

Dozens of progressive advocacy groups marked World Diabetes Day on Monday by urging Congress to pass legislation that would ensure people in the United States have access to the insulin on which their survival depends and prevent Big Pharma from price gouging on the lifesaving medicine.

In a letter addressed to Senate and House leaders, Public Citizen, T1International, and more than 50 other organizations wrote: “World Diabetes Day marks the birthday of Frederick Banting, who discovered insulin and famously sold its patent for $1 and stated, ‘Insulin does not belong to me, it belongs to the world.’ Despite its discovery more than 100 years ago and the generosity of Banting and the co-inventors, many people living in the United States still struggle to afford access to the insulin they need.” Continue reading

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