Truthout
Economy
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Americans Still Waiting for Predicted Hyperinflation
Paul Krugman: Very few people have been willing to let the evidence speak.
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The Final Failure of a Failed Congress
The sun will rise on Thursday morning to shine down upon the end of the 112th Congress, the single most useless do-nothing assembly of fools and failures in …
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Austerity: The Phony Solution to a Phony Deficit Crisis
The wealthy who profit from economic decline and austerity promoted the so-called ‘fiscal cliff,’ but the way to reduce the deficit is to increase employment.
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On the Left, Seeing Obama Giving Away Too Much, Again
Just as Boehner has been under pressure from his right, Obama faces a virtual Tea Party of the left that sees his compromise as capitulation.
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Obama’s Tax Threshold Concession Bodes Ill for Debt Ceiling Talks
The president won re-election promising to raise taxes on those earning more than $250,000. Now he's already capitulating.
Robert Pollin: Economic Outlook for 2013
Bob Pollin: With austerity policies in Europe and the USA and slow down in China and India, 2013 needs innovative policies or more recession is likely.
So-Called Fiscal Cliff Averted as Congress Begins New Fight over Spending on Social Welfare Programs
The bill lays the groundwork for future battles between Democrats and Republicans over decisions on federal spending and debt, when much of the focus is expected to be on …
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The Ongoing War: After the Battle Over the Cliff, the Battle Over the Debt Ceiling
Robert Reich: The battle over the fiscal cliff is over, but the trench warfare will continue.
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Who Won in the Fiscal Cliff Deal?
Who won in the fiscal cliff deal were all those individuals making between $113,700 and $400,000 per year.
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Uninformed Politicians Pushing US Toward Austerity
If writers at a major newspaper can't get deficit facts straight, how can you expect ordinary voters to get it?