Teachers organize their socially distanced students at Weaver Elementary School in Rossmoor, California.
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When the federal government doesn’t intervene during downturns, the states often cut school spending. In turn, teachers may earn less or lose their jobs. And three in four teachers are female.
The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism.
(AP Photo/Tony Dejak)
Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
The financial system is awash with money, which is why interest rates have been so low for so long.
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It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
The leading conservative magazine National Review has played a critical role in creating modern GOP. Their repudiation of Trump signals crisis for Republicans.