Economics


Bailout or Investment? Student Loan Debt

https://worldpopulationreview.com/country-rankings/countries-with-free-college It’s not a student’s fault that the government shifted student loans over to private lenders who started increasing the interest rates on the loans. It’s also beyond a student’s power to determine what college costs. In 1980, the price to attend a four-year college full-time was $10,231 annually—including tuition, fees, room and board, and adjusted for inflation—according to the National Center for Education Statistics. By 2019-20, the total price increased to $28,775. ...

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Social Security

Established in 1935 under President Franklin Delano Roosevelt (FDR), social security has kept millions of retired and disabled Americans out of abject poverty. But we hear a repeating refrain from politicians – currently Wisconsin Senator Ron Johnson – that the program is “going broke” and needs “reform.” History says otherwise. Luther Gulick was an aid to FDR and an expert in public administration working for the Treasury Department. The following conversation from the Social Security historical archives took place between Gulick and FDR in 1941: “In ...

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Ron Johnson’s Stance on Social Security is Wrong

I worked for 45 years to earn a living for myself and my family. For decades, I paid into Social Security, setting money aside so that when I retired, I could keep a roof over my head and food on the table. Like so many people across our state, I knew that Social Security and Medicare would support me in the next phase of my life. This past weekend marked the 87th anniversary of Social Security. Over the last 87 years, this program and Medicare have become overwhelmingly popular programs that millions of working people rely on. Yet, while this anniversary should ...

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Look Up and Act Collectively

“...humanity needs stories that highlight the many absurdities that arise from collectively knowing what’s coming while collectively failing to act...We also need stories that show humanity responding rationally to the crisis...” Peter Kalmus, climate scientist and author   Mr. Kalmus was writing in the Guardian magazine about the movie “Don't Look Up.” He says the movie (about a comet strike) is really a story about climate change and our ignoring  the warnings and danger to humanity. The same could be said for many critical problems we face.   ...

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Vote Blue

Whether at the gas pump or supermarket, we are all feeling the impacts of higher prices. While Republicans have pointed fingers at President Biden and Democrats, these attacks are hypocritical and unjustified. The causes of inflation include the global pandemic and Putin’s war of choice in Ukraine. And while Democrats have been working tirelessly to lower costs for families, Republican politicians have actively voted against solutions. Trump’s failure to address the pandemic sent our economy into a recession and caused the unemployment rate to surge from 3.8% to ...

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Supreme Politics

The recent big news story is the Supreme Court's leaked draft of the upcoming decision to overturn Roe vs Wade. This should be no surprise. It has long been expected. Obama was outrageously denied an appointment and Trump made three appointments to the Court. These three judges were deliberately chosen for their opposition to abortion and their extreme positions on other issues. The current Supreme Court is a glaring example of a “packed” court dominated by extreme right wing ideologues. These judges are not impartial arbiters of the law. Jim Hightower devoted ...

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Poor People’s Campaign rallies to Washington D.C.

We will have a full story in our next edition of Middle Wisconsin.  In 1968, Martin Luther King Jr. organized low-income Americans of different backgrounds in a march on Washington known as the "Poor People's Campaign." Over fifty-years later, thousands of protesters gathered Saturday to deliver that same message at the Poor People's and Low-Wage Workers' Assembly and Moral March on Washington and to the Polls. The rally urged low-income voters to participate in the upcoming midterm elections and featured religious organizations, pro-democracy groups, labor ...

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New Thinking Needed – Not More Pentagon Spending

In our country the endless increases in military spending are only matched by an equally endless propensity for wars and military conflicts. Biden’s fiscal year 2023 budget proposes $813 billion for the Pentagon. This is a 4% increase over the bloated $782 billion approved by Congress for 2022  – which was a 5.6% increase from 2021. Every year “defense” spending increases. It makes no difference which party is in control. It doesn't matter what the the real threats are to the country. It makes no difference how much of this money is unaccounted for, lost to ...

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Union Busting is Disgusting

Union busting is not only disgusting, but also illegal. You have the right to organize in your workplace. Today several of us from the Marathon County Central Labor Council found ourselves at Starbucks in Plover. What brought us there was the illegal dismissal of a 21-year-old employee, Kolton. The reason for his termination was that he’d broken company rules by being in the back of the store while he was off the clock and being present in April after the store closed when he was off the clock. Kolton admits to this but also states the store policies are selecti...

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In Our Own Back Yard Series

In Our Own Back Yard Series Tuesday, May 10 at 6 PM Zoom link: https://zoom.us/j/92559912550 Join Zoom to Dial by your location: +1 312 626 6799 US (Chicago) Meeting ID: 925 5991 2550   The topic of metallic mining has once again surfaced in Wisconsin. Congressman Tom Tiffany (7th congressional district) has been making many stops lately promoting sulfide mines in Wisconsin. Two places that are being considered for exploration are the reef deposit near the Dells of Eau Claire and the Bend deposit in Taylor County. It has become increasing difficult to ...

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