USA: Analysis! $ trillion package

Posted by: Sammi Ibrahem,Sr

Congress just passed a $2 trillion bailout package (which is really $6 trillion when you include the Federal Reserve’s intervention!), most of which will go to the biggest banks and corporations. While it has some relief measures for the working class, it constitutes the greatest redistribution of wealth in modern history from the people to the already rich and powerful. The working class must and will find the means to fight back. The capitalist system and its government have demonstrated their absolute and utter bankruptcy in their handling of the Coronavirus pandemic. 

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Be sure to check out this informative interview on the radio show Loud & Clear featuring Marxist scholar and journalist Vijay Prashad on the model set by the Indian state of Kerala as an example of a humane, people-first approach to the crisis.

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