Truthout
Economy
Progressive Economists Say Interest Rate Hikes Are Wrong Approach to Inflation
The Federal Reserve's recent moves risk causing a recession and imposing more pain on vulnerable workers, critics warn.
Poll Shows Confronting Corporate Greed Is Biden’s Best Anti-Inflation Message
Voters are particularly responsive to messaging that connects price hikes to profiteering by big business.
Amazon’s CEO Pay Is More Than 6,000 Times That of the Company’s Typical Worker
Low-wage corporations have continued to pump up CEO pay during COVID while workers are struggling with rising costs.
Sanders Wants to Up Social Security Benefit by $2,400 a Year by Taxing the Rich
“Our job is to expand Social Security so that everyone in America can retire” with dignity, Sanders said.
Amazon Paid Its CEO 6,474 Times More Than It Paid Its Median Worker Last Year
The CEO-worker pay gap surged in 2021 as the “pandemic greed grab” continued.
GOP Wants to Blame Biden for Inflation. What About COVID and Capitalism?
COVID! Come on, you can say it, the monster is still under the bed, no sense pretending otherwise.
Sanders Calls for Expanding Social Security Benefits by Taxing the Rich
The popular program isn't broke and can be expanded by making the rich “pay their fair share,” Sen. Bernie Sanders said.
Unemployment Due to Voluntary Quits Falls in May Amid Strong Job Growth
The May jobs report shows clear evidence the labor market is normalizing, with wage growth continuing to slow.
One Billionaire Has Been Created Every 30 Hours During Pandemic, Oxfam Says
Inequality “literally kills,” says a new Oxfam International report, which calls for taxing billionaires.
Supply Chain Failures Prove Growing Need for Localized Economies
The pandemic showed that localized economies are better equipped to respond to the needs of their communities.