From mass protests to plummeting poll numbers on immigration and health policy, and from devastating cuts to Medicaid and Medicare to the anti-science upheaval at federal health agencies, the president’s agenda is radicalising voters against him, argues JOHN LISTER
Covid-19 crisis creates a compelling case to cancel local authority debt
Cancellation of councils’ debts would free up desperately needed resources amid this unprecedented pandemic, says MARTIN WICKS
TAKING on more debt is not the only way to create spending power. Debt cancellation, for instance the debt owed by local authorities to the Public Works Loans Board (PWLB), would provide a huge increase in spending power because they would no longer have to repay loans or interest charges.
Last year local authorities paid around £4.5 billion to the PWLB in loan repayments and interest charges.
Overall, local authorities have around £77bn in debt held with the PWLB.
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Above-inflation rent increases will push council tenants deeper into poverty while failing to address the housing crisis — and it won’t really raise any money, as council rent arrears are doubling across the country, argues MARTIN WICKS
Labour’s about to shift cost of new housing onto tenants, writes MARTIN WICKS arguing instead for cancelling the councils' HRA debt



