How to Fund a Just Economic Recovery
The five principles of the “People's Bailout”.
Congress so far has allocated $2.5 trillion in emergency stimulus funding. Economic and climate justice advocates are pushing for distribution that will address immediate needs of communities, but also lay the groundwork for a more resilient and just economy.
“This pandemic has unveiled the interdependent crises of classism and racism, economic decline, and climate destruction. COVID-19 is magnifying the ills of normalizing profits over people,” says a 350.org statement.
As of May, 50 members of Congress and hundreds of social change organizations had endorsed the #PeoplesBailout’s five principles:
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