The bill cuts taxes for the wealthy by $3 trillion, slashes more than $1 trillion from social spending on Medicaid and food stamps and pours $300 billion more into military violence abroad and domestic repression, particularly against immigrants.
The dismantling of Medicaid, in the face of growing popular opposition to Trump’s program of dictatorship, war, mass deportations and social cuts, marks a new stage in the social counterrevolution.
The fate of the rule exposes the complete control of the government by the corporate oligarchy.
Premier Chris Minns’ state government is inflicting austerity measures on workers to satisfy the dictates of developers, corporate investors and the financial markets.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.
