Green Sunday (5:00 pm, 1/10): America’s 2nd Great Recession–What Lies Ahead in 2021, with Dr. Jack Rasmus

Dr. Rasmus will review the condition of the US economy in 2020 and explain why last summer’s partial economic rebound has begun to relapse at year’s end. Why more economists now predict a further slowdown in early 2021. What’s happened to jobs, rents, household debt, wages, and income inequality trends over the past year. Why fiscal policy and bailouts–from the March ‘Cares Act’ to the recent ‘CashAct’–have proven insufficient for recovery. How and why Federal Reserve monetary policies have enriched the 1%, big corporations, investors and created record stock market values. What are some possible scenarios for America’s current ‘Triple Crisis’–economic, health, and political–in 2021 as the Great Recession 2.0 enters its second year

Dr. Rasmus is author of several prior books on the USA and global economy, including Alexander Hamilton and the Origins of the Fed, 2019; Central Bankers at the End of Their Ropes, 2017; Looting Greece: A New Financial Imperialism Emerges, 2016;  Systemic Fragility in the Global Economy, 2016; Epic Recession: Prelude to Global Depression, 2010; Obama’s Economy: Recovery for the Few, 2012; and The War At Home: The Corporate Offensive From Reagan to George W. Bush, 2006. 

His stage plays include ‘1934’, ‘Fire on Pier 32’, and ‘Hold the Light’. He blogs regularly at Znet & Counterpunch (USA), Global Research (Canada), Telesur (Caracas), World Review of Political Economy (Beijing-London), and European Financial Review (London).

Prior to teaching and publishing, Dr. Rasmus was formerly an economist and strategic market analyst for various global tech & market research companies for twenty years. Before that, for more than a decade, he was a local union president, contract negotiator, strike coordinator, and organizer for various unions, including the National Writers Union/UAW Local 1981, CWA Locals 9455 & 9415, Hotel & Restaurant Local 19, and SEIU Local 715.

Dr. Jack Rasmus is the author of the recently published book, The Scourge of Neoliberalism: US Policy from Reagan to Trump, Clarity Press, January 1, 2020. He currently teaches economics at St. Marys College in Moraga, on the subjects of US economic policy, US political change, financial business cycles, history of economic thought, American Labor and unions, and US Economic History. He is a graduate of UC, Berkeley (BA Economics) and University of Toronto (MA, Ph.D Political Economy).

Dr. Rasmus blogs at:  His website is & his twitter handle is @drjackrasmus. He hosts the weekly radio show, Alternative Visions, on the Progressive Radio Network (podcasts available at:

January 10th, 5:00 to 6:30 pm  Via Zoom: please see access info below 

Green Sundays are a series of free public programs & discussions on topics “du jour” sponsored by the Green Party of Alameda County and held on the 2nd Sunday of each month. The monthly business meeting of the County Council of the Green Party follows, at 6:30 pm. Council meetings are open to anyone who is interested.

Topic: Green Party of Alameda County

Description: Green Sunday presentation at 5 PM 

(Followed by County Council business meeting at 6:30. All are welcome to attend) 

Time: Jan. 10, 2021, 5:00 PM Pacific Time (US and Canada)

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Meeting ID: 826 2027 1999

Passcode: 2020

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