Truthout
Economy
Economic Update: Unemployment Analyzed
Updates on Marvins' “shared unemployment,” $4 trillion profits hoarded by US corporations, and root issues of the “fiscal cliff.” Discussion of solutions for unemployment. Responses to listeners: on pluses …
Fiscal Cliff: Going Nuclear and the Grand Betrayal
Bill Black: GOP threatens to use debt ceiling as leverage, creates conditions for more austerity measures by Obama.
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Senate Leaders Set to Work on a Last-Minute Tax Agreement
After the meeting, Obama and officials at the White House appeared visibly optimistic.
The Fed Targets Unemployment With More Money for Banks
Robert Pollin: The Fed breaks ground with unemployment target but pushing more money into banks without requiring more lending won't solve the problem.
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Cliff Hanger: Why Republicans Don’t Care What the Nation Thinks
Are House Republicans about to succumb to public pressure and save the nation from the fiscal cliff? Don't bet on it.
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Economy Wrecker Alan Greenspan Was Central to the Formation of the Campaign to Fix the Debt
Greenspan somehow didn't recognize that the collapse of the housing bubble would devastate the economy.
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Six Ways to Juice Up the Labor Movement
The passage of the right-to-work law in Michigan was a blow to the labor movement.
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It’s Wages, Stupid! Progressive Tax Reform Alone Will Do Little to Close the Gap Between Haves and Productive Have-Nots
Stagnating real wages for low- and middle-income earners is the ultimate source of the widening US income gap.
Twenty-First Century Populism
The various present impediments to progressive reform are likely to foster a radicalized politics, a twenty-first century populism that promises individual fulfillment in the context of community.
The Bottom Line: Housing
We are economists who think that the economy should serve people, the planet and the future. Four million families have lost their homes to foreclosure in the Great Recession. …