All Articles on Debt

The successful six-year run of Abenomics, along with China’s decades of unprecedented economic growth, have proven that governments can indeed monetize their debts, expanding the money supply and stimulating the economy, without driving up consumer prices. (Photo: Japanese Prime Minister Shinzo Abe speaks at a press conference following the G20 Osaka Summit in Osaka/AFP) Views
How to Pay for It All: An Option the Candidates Missed
What US presidential candidates from both parties should talk about is how to modify the law so that Congress, the Administration and the central bank can work together in setting monetary policy, following the approaches successfully modeled in China and Japan
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'The Bold Solution We Need': Over 100 Academics Endorse Sanders Student Debt Cancellation and Tuition-Free College Plan
"In the face of this crisis, nothing short of a complete overhaul of our public higher education system will suffice."
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Benefits for All or Just Some? Sanders Student Debt Plan Highlights 2020 Debate Over Universal vs. Means-Tested Programs
While some 2020 Democrats push means-tested policies tailored specifically to low-income Americans, Sen. Bernie Sanders argues universal programs are more just and politically effective
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Puerto Rico Army National Guard members work on clearing Highway 511 from Ponce to Jayuya in Puerto Rico, in the aftermath of Hurricane Irma, Sept. 11, 2017. News
To End Crushing Debt, Warren Introduces Relief Package to Help Storm-Ravaged Puerto Rico 'Recover With Dignity'
"Over the past several years, Puerto Rico has been living with an economic noose around its neck due to its crippling debt crisis and the devastation created by Hurricane Maria."
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Grassroots organizing must be resourced in order to succeed over the long term. (Photo: Michael Fleshman/Flickr) Views
Academia, Grassroots Organizations, and Debt
Forming a genuine collaboration
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An EMT student stabilizes a patient. News
'Making Money Off Dysfunction': Bolstering Medicare for All Case, Survey Shows Americans Accrued $88 Billion in Healthcare Debt in 2018
"This is devastating for our families and our country," said Rep. Pramila Jayapal in response
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The bottom 90% are the lucky owners of about three-quarters of the country’s household debt. (Photo: Getty) Views
Survival of the Richest
Building a great wall of wealth.
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The Fed is realizing that it cannot bring its balance sheet back to “normal.” (Photo: LeoLondon / CC BY-NC-ND 2.0) Views
The Fed's Dramatic About-Face
The central bank needs to be made a public utility, responsive to the needs of the people and the economy
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Tax cuts for the rich did what they have always done over the past 100 years: they initiated a bubble economy that would let the very wealthy skim the cream off the top just before the ceiling crashed in on working people. (Photo:  Yuri Keegstra/flickr/cc) Views
The GOP’s Most Successful Scam Is About to Reboot Itself
Republicans pour on the tax cuts and spending increases, year after year, whenever they have the power to do so, to intentionally inflate the national debt
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'Good First Step' as DeVos Forced to Cancel $150M in Student Loan Debt for Thousands Scammed by For-Profit Schools
"It's disappointing that it took a court order to get Secretary DeVos to begin providing debt relief to students left in the lurch by predatory for-profit colleges."
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