I note that as a number of businesses open here in Vancouver , there a good number of owner run restaurants that have just thrown in the towel and will not reopen. Going through a mall a few days back some smaller stores look like they will be shuttered for good.
It will take some time before those empty stores filled again if they ever are. The larger chain stores will probably do better, this being things like WAL-MART but htose smaller stores in very many instances were competitors to WAL-MART and if they never reopen then overall employment drops.
I am not sure of the degree of failures in the USA but if anything it worse.
And those that find work will face ever decreasing wages and benefits. Massive General Strikes and Boycotts are needed now. And perhaps a few corporate CEO’s and politician’s heads on pikes for good measure.
I am all for a plan where anyone who has over a billion dollars and any politician that takes money from such people get summarily executed.
I would like to see all billionaires wealth confiscated and redistributed to the poor. Once that is done, then take all the billionaires and their paid political whores and drop them naked into the middle of Antarctica with noting but their sorry criminal asses and if they manage to survive, then take them out to the middle of the ocean and repeat the process.
Considering the rate of damage we are doing to the planet the water in Antarctica will probably be comfortable by the time we get the chance to drop these cocksuckers in there.
Right. Power vacuums and all that. Ugh. There really is no easy answer to how to unseat those cretins in power and their corporate overlords. One thing is for certain though: We can’t keep living like this. Humanity will at best only have a handful of years left at our current rate, if even that.
Name the number of billionaires in the Soviet Union ( or Russia ) a century ago. Versus the number ( in %s ) of those in dire poverty ( serfs and working poor ) from rule by Czars, and the PTB ( royalty ); ya know, the princes, archdukes and princesses, oligarchs of their elite class.
You can’t because 1) you don’t know and 2) it wouldn’t play right into this " straw man " argument or proposition ( contrast ) of an either/or binary choice. It’s a false choice, or worse. With you it’s always the latter.
The amount of Federal & State $$$ in the U. S. economy is enormous ( market intervention and props or supports ). The subsidies for certain segments of this economy would choke an elephant, pretty much. See the Police & Security State budgets.
" Socialism for the rich and free enterprise for the poor " is as true today as it was a 100+ years ago. Unfortunately, for you, the proles are catching on to the games the PTB keep playing inside the corrupt and foul smelling old corridors of Washington, D. C. and board rooms of Wall St.
Finally, we are seeing the real cronies and crooks hanging out in The Swamp, The Foggy Bottom or call it what you will. The elite should be nervous.
The #s here are best case scenarios. They’re dire for the U.S. working classes. ( A cynical person could make a plausible case that this is the 1%s’ plan. ) On top of that, the moral arguments for doing more, instead of less or nothing, are huge.
The Federal Government completely failed the people by their miserable and inadequate response to this pandemic. Those same people should not be forced to suffer and die for the many errors of the PTB, and the bureaucracy, which supports and props them up. That would be criminal.
They should convert the malls into LOW COST live-work housing.
At least one assertion in the article is wrong.
Heidi Schierholz wrote " For example, if Congress doesn’t extend the extra $600 in weekly unemployment insurance payments, that will cost us 5.1 million jobs over the next year,"
– That $600 has nothing to do with preserving the jobs that those people lost. Other articles point out that that $600 makes it more ‘profitable’ for many to stay out of work (and safe from coronavirus…) rather than take a job. Keeping that $600 in place will increase the number of jobless, and cause employers to shut down rather than attempt to reopen.
Comments on other posts:
Understand, using Jeff Bezos as an example, that that means distributing to everyone a few shares of Amazon stock. Jeff Bezos’ billions mostly amount to many many shares of Amazon stock. Distributing his billions means distributing those shares.
Plays to a false understanding. Imperial Russia 110 years ago was industrializing and had been for more than 20 years. It was a decade or more behind the other great powers of Europe, but ahead of other nations. The serfs had been freed more than 25 years earlier. For most people poverty wasn’t so dire, and life was improving. Enough so that workers were organizing and demanding more.
I heartily agree. One prime example of an industry that is getting a subsidy and maybe shouldn’t be there is Amtrak. If passenger rail can’t support itself now, let it go out of business. If it is needed in the future someone will re-establish it.
As small businesses are going under, not able to hold on, onw must remember, that is where jobs have been being created for the last decade or more. Only when people have jobs & disposable income, do we have a growing economy! Economics rise from bottom up ~ demand (spending) creates jobs, which creates more buying & more jobs, and so on. If we do not have money to spend, economy falls flat.
You know who likes it when small businesses fail? Who profits from that? Big businesses = campaign donors. Everyone else SUFFERS!
Don’t expect this gov’t to give a dam* about small business, or workers – they don’t care & it shows! After elections it will be on full display!
If you are multi-millionaire or billionaire ~ vote Trump & GOP.
If you are a bigoted racist & hater ~ Trump & GOP are for you.
If you think dictatorships are better than democracy ~ you will love Trump/GOP sgenda.
Anyone else…IN 2020 VOTE BLUE! WHATEVER YOU DO!
(It’s the ONLY CHANCE for me & you! And our future too!)
But what about Biden and trade deals?
I cant vote for somebody who is going to outsource and offshore jobs, who is ALSO part of the corrupt 0.01%
That 10% now will easily turn into more than 50% if we lost the WTO case against us and the offshoring visas get given to the WTO to rubber stamp. Which could happen next year or even later this year.
People should be aware that the US is becoming one huge tax haven for the rich. That means that eventually our existing residents will get pushed out.
One of the things the rich people want when they are deciding to invest somewhere is for their money to be safe from taxation. In that respect, savage repression of dissent is a plus. (The rich dont necessarily think like other people) This is why Biden’s record disturbs me, I know he is speaking to that audience.
Progressves are dreaming if we are seeing anything progressive in Biden’s record. I think I am going to pass on voting for President this year and try to vote the other cadidates as I see fit. I am not very excited about my state’s Senators either.
One is in bed with one industry that I hate and a total phony, the other is in bed with an even worse industry and a total phony too.
What to do?
Both candidates are not even remotely going to be what the country needs. Quite the opposite.
Plus, we put most of the power in economic matters in the hands of the WTO so most of the things people think Presidents can still do they cant fix, unless we leave FTAs, but with Biden there is instead a big new FTA, the worst ever, probably that he’s pushing. So we can be pretty sure this situation will get worse. Note that these deals make it impossible for us to ever do any of the things we need, instead they lock in the worst policies so rich people can be secured against progressive policies in a way voters cant change. Even total changes and replacements of governments dont touch these obligations, so there is no hope in revolutions, they bind physical territory, not countries.
These deals are like the Treaty of Versailles. They create onerous and burdensome obligations which have no basis in common sense unless you are the very wealthy.
Please read up on tax havens so you’ll realize how the wealthy and corrupt are taking over the world. The world they are creating is one where its impossible to be normal working people. A corrupt world where people typically have to pay bribes to get good jobs. Thats the norm in the worst parts of the developing world. (The countries, we the US is cozying up to)
How will it change the world of work? By trading away our jobs to foreign firms who fuunel profits to the richest people in poor countries. They take bribes to place workers here.
Trade deals force the outsourcing of more and more of the public sector jobs. (except a few like police, and politicians themselves, and national security/war/deep state who will be spared) The rest will become precarious labor even professionals like teachers, nurses, doctors, IT staff, engineerrs, construction, utilities, financial services, and many other jobs starting with jobs where some tax money is involved.
So its entirely possible that peoples healthcare wil eventually be outsourced, depending on how much is subsidized.
These backroom deals are intended to prop up the sketchiest governments in insanely unequal countries around the world, preventing much needed change. (Look up the list of the Least Developed Countries, which get preference for contracts via the LDC Services Waiver and see how they fare for human rights, very badly.)
The existing and pending new trade deals mobilize services and government procurement generally, and have the effect of funnelling subcontracting jobs to foreign firms and “US firms” that are in actually owned by people whose business model is taking advantage of other people in the countries they came from. They typically hire foreign workers via non-immigrant visas (Like L-1B) that treat them as intra corporate transferees. (more and more jobs will be subcontracted out - officially its to help poor nations (but the jobs typically only go to the rich because the poorest countries dont have public higher education like European countries and the US still do)
Their services are in demand desite lots of problems because they are cheap.
American workers need to have decent wages to afford to live here. However, foreign workers, often recent grads or often 6 week cram school grads with fake degrees, the legal wage, which will become the defacto wage for millions of US workers, most from developing countries and here on nonimmigrant visas so quite possibly soon exempt from US jurisdication, and out of our control) They are coming from a system thats so corrupt that they sometimes see paying bribes and buying degrees and job placements as normal.
This will be a total disaster for most US workers who will be priced out of professions one by one. They wont have any place to turn because the whole system will be hooked on dirt cheap high skilled labor, killing most small and medium sized businesses the ones that create the jobs, in large numbers. It will likely be blamed on coronavirus but trade deals will be the real cause.
Jobs will be put up for bidding and awarded to the lowest bidders internationally so everybody in the US will be disqualified from our own jobs as we typically want to be paid a decent or at least a living wage.
We cant afford to compete with professionals who are basically working for free for years in order to get a green card. (Thats in essence what is happening but its likely that soon a green card wont be included in the deal, as we’re likely to run into large opposition once it begins in earnest, but by then it will be too late to stop the job loosses, we’ll just the green cards at the end of them. We also wont be able to save Social Security which this shift will undermine.)
This is simple economic fact. People may lose their jobs and homes in large numbers of either of these candidates wins. Why havent we seen any news coverage about this dispute pending in the WTO against us? (It’s case number five oh three if you want to look it up) The reason cant be good.
We need to get out of both the GATS and TRIPS agreements, now. Everything we need to change requires that, first.
Isnt capitalism getting a subsidy from trade deals that exist behind the scene that they have to hide because they are so bad - that lock it in?
I can not & will not disagree with anything you said in this piece cuz’ we both know it’s true, what is happening to out Country…the rich…tax havens…jobs out sourced…& nothing left of us or for us, if they all get their way.
I don’t see Biden “rocking the boat”, but I am hopeful that in his VP choice, Cabinet & Dept Heads throughout his Admin…that he will pick people who ARE outgoing & strong + smart enuff to fix some of what is broken…to prioritize & to GET BUSY!
We have plenty that needed fixing B4 Trump came in & then he & GOP Trumpublican thugs set out on a mission to destroy U.S. in every way he got his dirty little mitts on!!
Once our heads clear, from non-stop shitshow of chaos & lies that is Trump/GOP Regime (& still going on), we will be able to think & see more clearly, I hope! I don’t even recognize my Country anymore ~ bet other countries will agree that we “haven’t been ourselves” since Jan.2017.
We may not even be able to fix all from last 4yrs of mayhem by mental midgets…but we MUST TRY… HARD! Biden must pick strong, smart & truthful leaders for his Admin. Team…You know, the opposite of what has been corroding & stinking up the place for 4 long, terrible years of criminality, daily lies & liars + bullies, thugs & U.S. traitors within! (There’s much more we don’t even know of yet!) There’s hell to be paid & we need to force those accountable to pay the price for what they have done to us & our allies! I fear that they have forever changed our Country ~ here at home & on world stage. There is always a big mess & huge deficit to clean up after Rethugs have their way, but never anything like this has been! GOP must not hold any power & McConnell has to go!
DNC & establishment Dems, the “Repub.Lite” are the new conservatives & put up Biden. I hope he is hard at work thinking, planning, & talking to people – good people – willing to pour all they’ve got into pulling this Country back from brink of dark abyss we are teetering on!
We do have some of the best minds in the world, here in USA! Just undoing the SHIT past 4yrs is a job all its own & now we have to actually make new rules/laws we never needed before! 200yrs of accepted presidential protocol & decorum flew out the window, as all rules & precedents were smashed with total disrespect.
The Constitution is on life support, thanks to (1)Trump, (2)Barr & (3)McConnell & many others. Our Judicial Branch may never recover ~ a scary thought!
1 thing is certain when we sit back & look at this time & that is that our electeds did not honor their Oaths of Office & should pay dearly for that betrayal of this nation! But also, we, the people & voters CANNOT BE COMPLACENT! And we have been “played”, hatred divides us when we SHOULD BE UNITED against the tyranny that still feeds the hate & wants to rule over us as an Authoritarian Dictatorship! The danger is NOT OVER YET!
But thats what Bidens being picked to prevent.
You see they are guilty as fuck. They want to hide that. They are just as reponsible as the Republicans. because Cliton and Obama. They dress better but they both were pretty bad in other areas. Sorry, but it had to be said. I’m not going to wipe their ass for them any more.
They are now
(Guilty as fuck)
And the worst stuff I am not talking about because its SO evil, but I should.
Like trading away our young people’s jobs. To prevent the accounting from ever be done for the Third World Debt. Thats so THEY can RIP US OFF IN THE FUTURE and STILL GET AWAY WITH IT.
See “A/RES/44/232. Trends in the transfer of resources to and from the developing countries and their impact on the economic growth and sustained development of those countries”
Section E or F, where it mentions the Punta Del Este meeting of 15-20 September 1986
Note that I am saying “our young peoples jobs” but I really mean “all of our jobs” because I hope to go back to work again someday. I dont want my country to become one big slum. Lacking any jobs or vitality. A big ghetto.