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Economic Update: Corporations, Wages and Jail

Updates on no growth in the US; China overtakes the US; the costs of the GM bailout; defeat of the bill to raise minimum wage while Hawaii raises its minimum; and more.

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Updates on no growth in the US; China overtakes the US; the costs of the GM bailout; and the defeat of the bill to raise minimum wage while Hawaii raises its minimum wage. Major discussions of Pfizer’s decision to relocate to the UK; how the European Court supports Tobin (financial transactions) tax; and the stunning economics of prisons and jails in the US.

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