Labor Day: Is Biden’s Green Energy IRA the most Pro-Worker Legislation in Decades? Ann Arbor (Informed Comment) – The Inflation Reduction Act, President Biden’s signature piece of legislation that was passed with no Republican support, contains $369 billion for the green energy transition. Since much of this funding leverages corporate and individual investments, its impact will be in the trillions of dollars. Given the dire climate crisis we […] |
On Labor Day: Low-Wage Employers say they Have no Money for Raises, but spent $341 Billion on Stock Buybacks By Sarah Anderson ( Inequality.org ) – In response to strikes and union organizing drives, corporate leaders routinely insist that they simply lack the wherewithal to raise employee pay. And yet top executives seem to have little trouble finding resources for enriching themselves and wealthy shareholders. In 2021 and 2022, S&P 500 corporations spent record […] |
Evidence that Gas and Oil are Bad for Our and the Planet’s Health is Piling Up, but Governments turn a Blind Eye By Melissa Haswell, University of Sydney; David Shearman, University of Adelaide; Jacob Hegedus, University of Sydney; and Lisa Jackson Pulver, University of Sydney | – (The Conversation) – We are seeing deadly heat and fires circle the world. The Intergovernmental Panel on Climate Change warns we are fast running out of time to secure a […] |
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