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Debt


Are Debt Whiners Fools or Just Liars?

The national debt is a meaningless number.

Dean Baker ·


GOP Senator Blocks Democratic Effort to Shield Covid Relief Payments From Debt Collectors

"We know predatory debt collectors are already lining up to try to take a cut of those checks."

Jake Johnson, staff writer ·


Biden Absolutely Has the Power To Unilaterally Cancel All Federal Student Debt. He Just Refuses To Do It.

Biden owes this country debt relief not only because he campaigned on it, but because he helped cause the problem.

Astra Taylor ·


US Farmers and Food Justice Groups Declare 'Solidarity' With Indian Farmer Protests

"We stand with India's farmers! Now let's connect the dots between the forces of neoliberalism that stifle farmers, from India to the U.S."

Brett Wilkins, staff writer ·


New Economic Study 'Demolishes' Myth About Student Debt Parroted by Joe Biden

"The vast majority of borrowers that benefit from forgiveness hail from low- and lower-income communities," the study's authors affirmed.

Brett Wilkins, staff writer ·


Biden Could Cancel Student Debt With the Stroke of a Pen

Canceling student debt isn’t just the right thing to do—it’s the economically smart thing to do. It would liberate millions of Americans to meaningfully participate in our economy.

Mondaire Jones ·


Open Letter From 40+ Economists Regarding Ecuador and the Dollar

Not only has leading presidential candidate Andrés Arauz emphasized that he is committed to maintaining the dollar as the national currency, he and his party have a long track record of taking strong measures to make sure that dollarization did not come under threat.

James K. Galbraith ·


In This Current Emergency There Is Nothing Wrong With Borrowing Funds to Help Americans in Need

We will have to negotiate creatively to reduce the budget deficits ahead, including raising taxes on the wealthiest Americans, who have experienced a massive windfall of wealth during the pandemic.

Jeffrey D. Sachs ·


Like Clockwork, Corporate Media Become Deficit Hawks When It Comes to Passing Progressive Legislation

The point of deficit hawkery is to scold and scare readers into accepting cuts to welfare and public services that are of no use to the wealthy, while they curiously have little problem with Republicans running deficits to suit their wealthy constituents.

Alan MacLeod ·


'Now Let's Cancel Them,' Demands AOC as Biden Extends Pause on Student Loan Payments

"Biden can cancel all $1.7 trillion of student debt by executive order," said The Debt Collective.

Jake Johnson, staff writer ·