Truthout
Economy
The First 2020 Presidential Debate Needs to Address Wealth and Income Inequality
In these days of despair over democracy, we desperately need to discuss how economically unequal we have become.
GOP Lawsuit to Repeal the ACA Would Give Huge Tax Cut to the Richest Americans
The top 0.1 percent would see a tax cut of nearly $200,000 per year if the Supreme Court rules in favor of the repeal.
Voters Want to Use Climate Change Policies to Rebuild the Economy After COVID
A new poll shows that voters want job training for workers who left the fossil fuel industry as well as a carbon tax.
Millions of Children Go Hungry as Mitch McConnell Blocks Stimulus Bill
Desperately needed emergency food assistance would expire on September 30 under McConnell’s “skinny” stimulus bill.
Rural and Native Communities Are Hard Hit by COVID-Era Food Insecurity
The pandemic has caused tremendous suffering for rural and Native people as well as youth and people with disabilities.
GOP Proposes Massive Coal Industry Handout, No Direct COVID Relief Payments
Senate Republicans call for $161 million handout to coal industry after nixing COVID relief for struggling Americans.
We Need a People’s Bailout as Inequality Worsens Amid COVID-19
History’s largest transfer of wealth went in the wrong direction. The time to reclaim stolen funds is now.
Official Statistics Show Wage Growth, But That’s Due to Low-Wage Job Losses
A study by the Federal Reserve Bank of San Francisco says the recent spike in wage growth is an “illusion.”
Less Than Half of Jobs Lost at Start of Pandemic Have Been Recovered
The economic downturn continues to hit the most disadvantaged groups hardest.
Eviction Moratorium Delays Crisis Until January, When Tenants Will Owe Back Rent
The measure offers temporary relief, but renters need immediate cash assistance to stave off an eviction crisis in 2021.