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There are really two pandemics working against us simultaneously:
COVID-19
OLIGARCHY-1%
One can be dealt with sensibly.
The other is actively exploiting the current systemic shock, consolidating power, preventing humane solutions & must be overthrown. 1/6
COVID-19
OLIGARCHY-1%
One can be dealt with sensibly.
The other is actively exploiting the current systemic shock, consolidating power, preventing humane solutions & must be overthrown. 1/6
Unemployment is around 25%: on par with the worst months of the Great Depression.
Approximately 50% of households lost income since the pandemic.
About 20% missed rent in April & May.
All of this was easily predictable to anyone paying attention: 2/6 https://twitter.com/ArashKolahi/status/1240718506821160960
Approximately 50% of households lost income since the pandemic.
About 20% missed rent in April & May.
All of this was easily predictable to anyone paying attention: 2/6 https://twitter.com/ArashKolahi/status/1240718506821160960
Economic solutions were there all along.
The most effective solution is obvious: We need to counter the 20% GDP contraction by getting 4.5 trillion into the hands of the most vulnerable.
Sanders’ $2,000/month plan would have cost only about $2T. 3/6 https://twitter.com/ArashKolahi/status/1237083073864290308
The most effective solution is obvious: We need to counter the 20% GDP contraction by getting 4.5 trillion into the hands of the most vulnerable.
Sanders’ $2,000/month plan would have cost only about $2T. 3/6 https://twitter.com/ArashKolahi/status/1237083073864290308
Instead, the *net effect* of our political establishment, both Democrats & Republicans, has been to quickly & decisively shower Wall Street & the 1% with trillions in bailouts & relief while leaving the vast majority of the population with crumbs. 4/6
