Truthout
Economy
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Cuts And Consequences – How Budget Cuts Hurt the Economy
Is smaller government really better for the economy? Conservatives chant that taxes and government “take money out of the economy” and we need to “cut and grow,” meaning if …
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The Precarious Jobs Recovery
February’s 227,000 net new jobs – the third month in a row of job gains well in excess of 200,000 – is good news for President Obama and …
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Five Bucks a Gallon
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Burma’s Turn
Yangon - Here in Myanmar (Burma), where political change has been numbingly slow for a half-century, a new leadership is trying to embrace rapid transition from within. The government …
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Politicians Won’t Return Ponzi Payoffs
Robert Allen Stanford. (Photo: Michael Stravato / The New York Times) On Tuesday, Texas financier Robert Allen Stanford was convicted in a Houston federal court on 13 …
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Romney’s Republican Death March
In the end, Mormon money and organization has stopped crusading papism in its tracks. In the crucial state of Ohio, millionaire Mitt Romney beat Rick Santorum. In the nine …
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The Problem With the Environment Is Not Too Many People
Los Angeles smog. (Photo: Harshil.Shah / Flickr) We've all heard the claim repeatedly: humans pollute, so if we just reduce the number of people - both the …
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Jeffrey Sachs’ Reform Candidacy for World Bank President
Jeffrey Sachs. (Photo: Joe Athialy / Flickr) Washington, D.C.- Economist and health expert Jeffrey Sachs’ reported candidacy for World Bank president is welcome news for the two-and-a-half …
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In the US, Futile Hopes for Another Presidential Contender
Political pundits have speculated about the possibility of another presidential candidate entering the November race. (Damon Winter / The New York Times) I haven’t written …
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Financial Markets Are Not Faceless, Their Face Is That of the Oligarchy
L’Humanité interviews the author of la Finance imaginaire, anatomie du capitalisme: des “marchés financiers” à l’oligarchie, Arden publishers (Fantasizing about Finance - an Anatomy of Capitalism: “Financial Markets” or …