This week, the United States and its NATO allies pledged to increase their troop presence in Europe seven-fold, in order to prepare for what they called “warfighting against nuclear-armed peer-competitors”–that is, war against Russia and China.
Who will pay for Biden’s new “forever war”?
Related:
Glenn Hubbard’s WSJ Op-Ed: NATO Needs More Guns and Less Butter
Hubbard is a nonresident senior fellow at the right-wing think tank, American Enterprise Institute!
No one sanctions like America. Two or three dozen countries being destabilized with many thousands dying from lack of food, medicine and commerce makes no dent in Uncle Sam’s conscience.
America Sanctioning Itself Into Economic Decline
“Democrats Introduce Plan To Fix Social Security, the way we fixed the cat”
And here is the tragedy. The people who have saved Social Security in the past from “bipartisan” efforts to destroy it, have been seduced into selling it out for a promise of higher benefits paid for by the rich, “The Rich” couldn’t have come up with a better plan if they thought of it themselves
Neoliberalism is the Bipartisan Consensus, Not the Lesser of Two Evils
West’s incorrect partisan conceptualization of neoliberalism is not only wrong, but it is misleading. While the word “neoliberal” is etymologically related to the word “liberal,” it has no relationship with the current political usage of the term “liberal” and its modern association with the Democratic Party. Rather, it harkens back to the 18th century Scottish economic philosopher Adam Smith who advocated the removal of all tariffs and restrictions on free capital so that the “invisible hand” of the market could bring prosperity to all. In the post-WWII years of the 20th century, Smith’s ideas about the liberalization of capital were brought back into the spotlight by economist Friedrich Hayek and, later, Milton Friedman whose goal was to completely dismantle the social safety nets of FDR’s New Deal, which, it was argued, hampered free capital. Thus, neoliberalism is a “neo” form of 18th century economic liberalism and has no connection to the political “liberalism” of today’s Democratic Party.
The Universal Basic Income Is The Safety Net Of The Future
Imagine getting a check from the government every month. $600 guaranteed. It’s happening in Finland, where a pilot program is being launched to test what’s known as a “universal basic income.” As technology transforms the workplace, jobs and income will become less reliable. The idea is that a universal basic income could serve as a tool to combat poverty and uncertainty in a changing society, and provide a cushion that empowers workers, giving them latitude to take risks in the job market. But some argue a guaranteed income would take away the incentive to work, waste money on those who don’t need it, and come at the expense of effective programs like Social Security, Medicare and Medicaid. Is the universal basic income the safety net of the future?
Ms. Cat’s Chronicles 