Truthout
Economy
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. …
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Cliff Hanger: Obama’s Last Stand and the Republican Strategy of Fanaticism
Robert Reich: I recommend going over the cliff; it would put public pressure squarely on rank-and-file Republicans, where it belongs.
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CEOs Ring in New Year With Early Pay-Day Windfall to Beat Expiration of Bush Tax Cuts
In anticipation of higher taxes on dividends, a number of corporations are paying out dividends early - even when they have to borrow to do so.
Economic Update: People, Power and False Economics
Updates and discussion of pensions and guns, fiscal cliff, charitable tax deductions, Mondragon, the environment, and prison economics.