Truthout
Economy
|
White House: Looming Federal Budget Cuts Would be “Deeply Destructive“
A report that the Office of Management and Budget issued Friday says the reductions to nearly all government programs would be u201cdeeply destructive to national security, domestic investments and …
|
Money-Laundering Inquiry Is Said to Aim at US Banks
Federal and state authorities are investigating a handful of major American banks for failing to monitor cash transactions in and out of their branches, a lapse that may have …
Profiting from Public Dollars: How ALEC and Its Members Promote Privatization of Government Services and Assets
A new report by In the Public Interest exposes ALECu2019s extensive privatization agenda including private prison corporations, online education companies and health care corporations.
Letter to the Editor from CTU President Karen Lewis
Letter from Chicago Teachers Strike President Karen Lewis describing the movements reasons and goals.
How to End Hard Times? Reduce Inequality
A new report from a United Nations group details how low inequality promotes economic growth u2014 and blasts away at a status quo where the most profitable firms end …
|
Fed Announces New $23 Billion Round of Bond Buying to Spur Growth
The Fed also said that it now expects to hold short-term interest rates near zero until at least mid-2015.
Does Obama’s Economic Policy “Just Need More Time”?
Gerry Epstein: The basic policies must change or recession and high unemployment will continue.
“The Pluralist Commonwealth”
Over time, a fundamental shift in the ownership of wealth would slowly move the nation as a whole toward greater equality directly - through, for instance, worker-owned enterprises; and …
Incomes Drop in 2011, Rich and Poor Divide Deepens
It was the weak labor market that dominated the US Census Bureau data and continued to wreak havoc on American families last year.
The Bain Way: Let the States Pick Up the Tab on National Debt?
We do need to get our fiscal house in order, but after reading about The Bain Way and Mr. Romney's love of his business acumen, I disagree, more than …