All Articles on Austerity

People participate in a "March on Billionaires" event on July 17, 2020 in New York City. (Photo: Spencer Platt/Getty Images) News
'Just... Tax the Rich' to Avoid Austerity, Patriotic Millionaires Tells NY Gov. Cuomo After Mayor de Blasio Cuts City Spending
"The people of New York have sacrificed enough during this pandemic—it's depraved to ask them to sacrifice even more to close our state's budget gap while wealthy New Yorkers are richer now than they've ever been."
Read more
Bernie-Inspired Organizers and Rhode Island Voters Deliver 'Crystal Clear Message' With Progressive Primary Wave
"No one is entitled to their seats," said Medicare for All advocate Cynthia Mendes after winning a high-profile race. "If you're not working for people, you will be replaced."
Read more
People participate in a "March on Billionaires" event on July 17, 2020 in New York City. (Photo: Spencer Platt/Getty Images) News
Either Raise Taxes on Wealthy to Fund Recovery or Expect Years of 'Grinding Recession,' Argues Nobel Prize-Winning Economist
Failing to increase taxes on the rich to support recovery will lead to "cutbacks in basic services that will weaken our social fabric and harm our potential for years to come."
Read more
Why We Will Win the Fight to Cut the Pentagon Budget
Coupled with a possible shift to Democratic governance, major public support, and a fired up progressive movement, our moment to win is upon us.
Read more
Rep. Danny Davis, D-Ill., at a news conference on Capitol Hill on Friday, July 24, 2020, on the extension of federal unemployment benefits. (Photo: AP Photo/Andrew Harnik) Views
Here’s How We Remake the Economy
The Fed's crisis response exposes the faulty logic of moralizing, pro-austerity politicians and economists.
Read more
It doesn’t raise SNAP benefit levels even though 26 million adults reported that their households, which include millions of children, often or sometimes didn’t have enough to eat in the last seven days, according to Census data from early July. (Photo: Gregory Shamus/Getty Images) Views
Counting the Many Ways the GOP Senate Covid-19 Relief Plan Would Fail Struggling Families and the Economy
The Senate Republican proposal fails to come close to meeting the scale and nature of the challenges we face.
Read more
Federal police officers stand guard during a protest in Portland, Oregon, on July 23, 2020. The officers fired tear gas. (Photo: Ankur Dholakia / AFP Getty Images) Views
We Don't Need Trump's Thugs in Chicago
The excuse for sending federal police here is to protect federal property. The reality is that this is a cynical re-election ploy aimed at earning support for a law-and-disorder president.
Read more
This moment calls on us to relinquish social control and ramp up our commitment to social investment. (Photo: Chandan Khanna/AFP via Getty Images) Views
Time to Invest in Affordable Housing and Education, Not Tear Gas, Batons, and State-Sanctioned Murder
It’s time to defund the police, and invest in communities. We have no time to waste.
Read more
The Pentagon budget is more than 100 times the budget of the Centers for Disease Control. (Photo by NurPhoto/Corbis via Getty Images) Views
Americans Overwhelmingly Support Cutting the Pentagon to Support Our Real Needs
A 10 percent cut to the Pentagon could come from a multitude of places, including: ending our never-ending wars in the Middle East, reducing our reliance on nuclear weapons, and turning off the spigot to arms contractors.
Read more
	The immediate matters at hand are Trump’s plans to withdraw the 8,600 American troops remaining in Afghanistan and 9,500 of our 34,500 troops in Germany. (Photo: U.S. Army/flickr/cc) Views
Withdrawing Troops From Afghanistan and Germany Is Still a Good Idea
Anyone entertaining serious hopes for significant reordering of the American economy, of our race relations, of energy production and transportation, eventually realizes that all of this will require a simultaneous demilitarization of both our economy and our role in the world.
Read more