Truthout
Economy
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Phony GOP Meme of the Moment: “Gas Prices Have Doubled Under Obama!“
You've heard the Republican meme of the moment. Mitt Romney, the GOP front-runner and presumptive Presidential nominee recently told supporters that the price of gas has “doubled under this president.” Newt …
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AFL-CIO President Trumka “Personally Outraged” by Obama-Backed JOBS Act
Washington, DC - Last month, the AFL-CIO's Executive Council endorsed President Barack Obama for re-election. About a week later, Congress passed the "Jumpstart Our Business Startup," or JOBS Act—a bill backed by President …
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Millions Against Monsanto: The Food Fight of Our Lives
(Photo: Tim & Selena Middleton / Flickr)"If you put a label on genetically engineered food you might as well put a skull and crossbones on it." — Norman Braksick, president …
The Rich Are Different From You and Me – They Pay Fewer Taxes
Stephen Schwarzman. (Photo: Fred R. Conrad / The New York Times)Benjamin Franklin, who used his many talents to become a wealthy man, famously said that the only things certain …
Eight Major Corporations Divest From ALEC
(Photo: suenosdeuomi / Flickr)Corporations across the country are dropping their ties with the American Legislative Exchange Council (ALEC) like hotcakes. Mars, the company that makes Skittles, and the Arizona …
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Top Ten Dirty Corporate Tax Dodgers of 2011
Two weeks ago it was announced that the U.S. has the highest corporate tax rate in the world sparking furious debate from Fox News types concerned about corporate well …
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Vermont Senate Resolves to Abolish “Corporate Personhood”
Montpelier - The Vermont State Senate voted today calling for an amendment to the Constitution that would make clear that corporations are not people and money is not speech and …
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The US Can Learn from Canada’s 1990s Slump
So, is there still a lot of slack in the United States' labor markets? On the face of it, that seems an absurd question to ask, given the persistence …
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Getting the Market to Tell the Truth
Washington - Moving the global economy off its current decline-and-collapse path depends on reaching four goals: stabilising climate, stabilising population, eradicating poverty, and restoring the economy's natural support systems. …
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To Whom Much Is Given: Why We Need to Tax Inheritance
Roughly half of the wealthiest Americans inherited all or much of their wealth, and the United States ranks near the bottom of rich countries in terms of intergenerational mobility. …