Truthout
Economy
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How Congress Could Fix Its Budget Woes, Revisited: The Financial Transactions Tax Alternative
The tax could raise $1 trillion in new revenue per year.
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Poll: Voters Say Minimum Wage Is Not Enough to Live On
Released today, the poll shows a majority of voters agree with the president that a federal increase is in order.
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Nine Economic Facts That Will Make Your Head Spin
Half the population of the US has slipped into poverty or is barely making enough to get by.
The Secret Rise of 21st Century Democracy
We could learn from other countries and vastly improve our own democracy and economy.
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The Problem Isn’t Growth; the Problem Is Inequality
The cumulative inflation-adjusted growth in the US economy since Barack Obama took office has been just 3.2%.
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At the End of Capitalism’s Rope
Capitalism has an amazing duality inherent in its structure. It can build homes in Fordist fashion, yet yields homelessness. It can produce enough food for all, yet turns a …
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In the US, Austerity Could Be Disastrous
Paul Krugman: Fiscal austerity is the difference between where we are now and an unemployment rate not much above 6 percent. It's a policy disaster.
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Minimum Wage: Who Decided Workers Should Fall Behind?
If the minimum wage had risen in step with productivity growth, it would be over $16.50 an hour today.
Obama Forgot to Share Inspiration of Ohio’s Worker-Owned Business Revolution
In his SOTU, Obama forgot to mention that Ohio is also the inspirational home for fast-growing idea that workers should become not just employees but owners of the companies …
Ecuador Chooses Stimulus over Austerity
As Ecuador votes for new president, the stimulus policies of current president Correa have kept Ecuador out of recession.