Truthout
Economy
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Conservatives and Progressives Agree: Congress Should Not Cut Unemployment Benefits
Extremists who think government support for the unemployed is holding the economy back don't have the facts on their side.
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Thom Hartmann | Are Economic Royalists Leading the US Over a Precipice?
Was the near meltdown of our economy at the end of the Bush administration just a prelude to a more crushing collapse? Thom Hartmann says yes! Read an excerpt …
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A Budget for People, Peace, and Planet
Peace, Social Justice and Environmental groups want to cut runaway military spending, fund dire domestic needs u2013 social programs, jobs and climate action
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Bipartisan Budget Deal Secures Austerity Policies, Fails to Extend Unemployment Benefits
Ryan-Murray bipartisan budget deal would not extend unemployment insurance for 1.3 million Americans, while maintaining $100 billion a year sequestration cuts after 2015.
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What Europe Needs Now Is Moderate Inflation
Paul Krugman: Europe's inflation problem: It's too low. Moderate inflation is actually a good thing for modern economies.
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Actually Existing Capitalism: Wrecking Societies for the Benefit of Big Capital and the Super-Rich
The evidence suggests that capitalism has become wholly predatory and has given up all pretense of being socially responsible.
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Economic Update: Struggles Over the Welfare State
Richard D. Wolff gives updates on the tentative budget deal in Congress, psychiatrists refusing insurance, austerity's terrible toll on Ireland; and more.
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Tax Fairness Coalition Calls for Closing Tax Loopholes as Part of Budget Deal – A Position Strongly Supported by Voters in Poll
Decries cutting pensions of federal workers by $17 billion while maintaining “carried interest” tax break for hedge fund managers saving same amount
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How Wall Street Power Brokers Are Designing the Future of Public Education as a Money-Making Machine
Why are Wall Street types investing in local school board elections? Just follow the money.
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When Outsourcing Public Services to Private Companies Goes Wrong
A Virginia carpooling contract is one example of failures that can arise when cash-strapped governments outsource public services to private companies that put profit before the public interest.