Truthout
Economy
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After Austerity
This year’s annual meeting of the International Monetary Fund made clear that Europe and the international community remain rudderless when it comes to economic policy. Financial leaders, from finance …
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Most Workers Shut Out of Wage Gains in Past 40 Years
Brian Beutler reports in Talking Points Memo that the liberal Economic Policy Institute is coming out soon with a new edition of their annual report, ‘The State of Working America.” A graph …
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Britain’s Leaders Force Nation Down Wrong Economic Path
(Image: CartoonArts International / The New York Times Syndicate)When David Cameron became prime minister of Britain and announced his austerity plans — buying completely into both the confidence fairy …
US GDP Slowdown and Prospects for Recovery in 2012
Last Friday, May 4, the U.S. labor department released its jobs numbers for April, confirming a prediction made by this writer this past winter that employment creation would once …
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After Elections, Europe Focuses on Growth
Berlin - In the volatile aftermath of raucous elections, which nearly destroyed the political establishment in Greece and ended 17 years of conservative reign in France, the emphasis across …
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Austerity as a Bridge to Nowhere
Washington, D.C. - Economic austerity is a dangerous, self-defeating intellectual fad. Perhaps I should say that's what it was, given Sunday's election results in Europe. Perhaps I should also …
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Neo-Nazi Party Plots Rise as First Effort to Form New Greek Government Fails
Athens - Election advertisements for Greece’s far-right Golden Dawn party called for “taking the dirt out of the country,” “cleaning up Athens” and planting landmines along the borders to …
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Corporations Win in Battle Against Investment Regulation
In a world where governments are increasingly subservient to global finance capital, multinationals are gaining ground in the fight against state regulations that aim to protect the environment, public …
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Food Stamp Foolishness
Maybe you thought the lowest possible point of Republican miserliness was reached when Ronald Reagan's Secretary of Agriculture proposed that ketchup be counted as a vegetable in the school …
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To Protect Military Budget, House GOP Plans to Cut 25 Percent From Programs “Directly Benefiting the Poor“
Rep. Paul Ryan (R-Wisconsin), center, House Budget Committee chairman, at a news conference on Capitol Hill in Washington, March 29, 2012. (Photo: Luke Sharrett / The New York Times) …