Truthout
Economy
$1,200 Only Goes So Far. It’s Time to Abolish Debt.
The stimulus checks are not enough to save lives or the economy; the future demands forgiveness of past debts.
The Billionaires Putting Their Wealth Above Public Health Amid the Pandemic
The country’s most rich and powerful are hoarding their wealth at the expense of everyone else.
Coronavirus Hits March Employment Numbers Hard — 701,000 Jobs Lost
Most sectors took a big hit in employment. Most concerning is a loss of 42,500 jobs in health care.
Trump Admin Says Millions May Have to Wait 5 Months for $1,200 Relief Check
Millions of vulnerable people could fall through the cracks.
Trump’s Big Bailout Is a Recipe for Fraud and Scandal
There will be those who are unjustly rewarded and others who should have been rescued.
Stock Sales by GOP Sen. Kelly Loeffler Trigger Allegations of Insider Trading
A report reveals Loeffler unloaded millions of dollars in stocks from industries hit hard by the fallout from COVID-19.
Trump to Hold In-Person Meeting With Big Oil CEOs to Discuss COVID-19 Relief
It looks like the administration is planning, in plain sight, to push a massive bailout for the fossil fuel industry.
Chomsky: Ventilator Shortage Exposes the Cruelty of Neoliberal Capitalism
Obama ordered more ventilators, but corporate profit motives derailed the effort, leaving us unprepared for COVID-19.
Tenants Organize Strikes, Demand Rent Relief as COVID-19 and Unemployment Surge
Despite eviction moratoriums and relief on mortgage payments in hard-hit states, no rent freeze has been ordered.
After Securing Corporate Bailout, Trump and GOP Largely Oppose New Stimulus
Progressives say a fourth stimulus bill is necessary to address the deep flaws in the measure Trump signed last week.