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#poor

3 posts3 participants0 posts today
Public
Nonilex

#Trump's tariff formula confounds the world, punishes the #poor

Ridiculed for trade #tariffs on frozen islands largely inhabited by penguins, Trump's formula for levies has a serious side: it is hitting some of the world's poorest nations hardest.

The math is simple: take #US goods #trade deficit w/a country, divide it by that country's exports to the US & turn it into a percentage; cut that figure in half to produce the US "reciprocal" tariff, w/a floor of 10%.

reuters.com/world/trumps-tarif

Continued thread
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the mossy green

Brian Eno, cont'd >

> Q: Why do you think you should be paying more #tax?
>> BRIAN: I would like to live in a pleasant, comfortable #society, and to do that means you have to reduce the number of #poor people....I don't like the thought that half of the population are struggling, and I don't think there's any need that they they should be struggling. There are plenty of people that are quite well-off like me who would be happy to share their #money a little bit more than they do.
>>

Public
Mark

Abbott skewers Starmer on cuts

Keir #Starmer has been urged to stop referring to his plans to slash the benefits budget by billions as being “moral”

Mother of the House Diane Abbott told Starmer, “there is nothing moral” about taking an axe to social security net

“This is not about #morality, this is about the Treasury’s wish to balance the country’s books on the back of the most #vulnerable & #poor people in this society.”

thenational.scot/news/25020810

The National · Diane Abbott skewers Keir Starmer on benefits cutsBy Hamish Morrison
#NotLabour#disability#illness
Public
Benjamin Carr, Ph.D. 👨🏻‍💻🧬

#Trump’s #tariffs – and retaliatory tariffs being imposed on American exports by #US trading partners – will be paid by #America's #workingclass and #poor.
The people who will benefit most from another giant Trump #taxcut are America’s wealthy.
Tariffs are in effect #taxes on imported products. They’re paid by Americans.
Walmart’s CEO said it will raise prices in response to Trump’s tariffs in order to protect its profits.
It will be a giant upward transfer of wealth. theguardian.com/commentisfree/

The Guardian · Trump’s tariffs will be paid by the poor – while his tax cuts help the richBy Robert Reich
Continued thread
Public
Nonilex

#LeeZeldin’s move effectively ends 3 decades of work at the #EPA to try to ease the #pollution that burdens #poor & #minority communities, which are frequently located near #highways, #PowerPlants, #industrial plants & other polluting facilities. Studies have shown that people who live in those #communities have higher rates of #asthma, #HeartDisease & other #health problems, compared w/the national average.

#law#EnvironmentalJustice#PublicHealth
Public
Nonilex

The #Trump admin intends to eliminate #EPA offices responsible for addressing the disproportionately high levels of #pollution facing #poor communities, acc/to a memo from #LeeZeldin, the agency administrator.

In the internal memo, viewed by NYT, Zeldin informed agency leaders that he was directing “the reorganization & elimination” of the offices of #EnvironmentalJustice at all 10 EPA regional offices as well as the one in Washington.

#law #HealthEquity #Climate #USpol
nytimes.com/2025/03/11/climate

The decision comes after the E.P.A.’s administrator, Lee Zeldin, center, canceled hundreds of grants this week, many of them designated for environmental justice.
The New York Times · E.P.A. Plans to Close All Environmental Justice OfficesBy Lisa Friedman
Public
Geriatric Gardener

“How is Starmer's Labour so far to the economic right of Germany's incoming right-wing Chancellor?”

by Another Angry Voice on Substack

@UKLabour

“It’s quite extraordinary that the Labour Party in the UK is operating far to the economic right of Germany’s incoming right-wing government, led by probably the most right-wing figure ever to lead the CDU”

open.substack.com/pub/anothera

Another Angry Voice · How is Starmer's Labour so far to the economic right of Germany's incoming right-wing Chancellor?By Another Angry Voice
#Press#UK#Labour
Public
Karl Voit :emacs: :orgmode:

#MatthewDesmond (Princeton University) in the #DailyShow:
youtube.com/watch?v=KoLN0YoErK

You get the impression that #poverty is made and continued by design in the #USA. And there is almost no incentive for the #billionaires to end poverty at all, although they could very easily by just stopping #taxfraud or collecting the taxes that are already due today. 🤯

#Money flows to the super #rich (which pay less #taxes!) instead to the people in need.

The #AmericanDream is an illusion.

What a shit country. What a shit system.

YouTubeMatthew Desmond - “Poverty, by America” & What It Takes to Close the Poverty Gap | The Daily ShowBy The Daily Show
#FoodStamps#SocialSecurity#Socialism
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