Category Archives: The destruction of the middle class

Why Democratic Presidential Candidates May Have to Choose Between Teacher Pay Raises and Charter Schools

Florida becomes a charter school battleground as communities fight a state law that diverts some of the proceeds from bond offererings, even ones approved for public school teacher salaries, to charter schools.

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Public-Private Partnerships Fad Fails

After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted to mobilize private finance for the public purpose. PPPs have socialized costs and losses while ensuring private financial gains.

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Bill Black: Ocasio-Cortez & Sanders Introduce Bill to Cap Credit Card Interest Rates at 15%

Ocasio-Cortez and Sanders introduce legislation: they call it Loan Shark Prevention, which would allow post offices to act as banks and cap interest rates at 15%, but credit card companies claim it would hurt the poor.

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