Truthout
Economy & Labor
![The Colonial Pipeline Houston Station facility in Pasadena, Texas, taken on May 10, 2021.](https://truthout.org/app/uploads/2021/07/GettyImages-1232822702-400x300.jpg)
Oil and Gas Companies Depend on Tax Subsidies and Job Creation Myths to Survive
The downfall of a perverse subsidy program in Texas has shined a light on the “tax break industrial complex.”
![As college students around the country graduate with a massive amount of debt, advocates display a hand-painted sign on the Ellipse in front of The White House to call on President Joe Biden to sign an executive order to cancel student debt on June 15, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2021/06/GettyImages-1323721969-400x300.jpg)
Most Student Debtors Can’t Make Their Payments. It’s Time for Debt Cancelation.
A new study shows that contrary to myth, the greatest benefit of debt cancelation goes to those with the least wealth.
![Hundreds of young climate activists rally in Lafayette Square on the north side of the White House to demand that President Joe Biden work to make the Green New Deal into law on June 28, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2021/07/GettyImages-1325961675-400x300.jpg)
Degrowth Policies Cannot Avert Climate Crisis. We Need a Green New Deal.
A Green New Deal is the only way climate stabilization can become fully consistent with raising global living standards.
![Teacher Dorene Scala teaches third grade during summer school at Hooper Avenue School on June 23, 2021, in Los Angeles, California.](https://truthout.org/app/uploads/2021/07/2021_0702-teacher-education-400x300.jpg)
Job Gains Driven by Growth in Sectors Hit Hard by Pandemic
Education, restaurants and hotels helped drive another solid jobs report, despite a small rise in unemployment.
![People walk by a Help Wanted sign in the Queens borough of New York City on June 4, 2021, in New York City.](https://truthout.org/app/uploads/2021/07/2021_0702-help-wanted-400x300.jpg)
Wages Are Rising Unequally — With Black Men and Latinas Seeing the Fewest Gains
Disparities in wage raises are the latest example of the pandemic's unequal impacts.
![Sen. Elizabeth Warren speaks to reporters in the Senate subway during a procedural vote on June 22, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2018/05/2021_0630-elizabeth-warren-400x300.jpg)
Warren Urges Investigation Into Potential Antitrust Practices by Google
In another move against big tech, the senator raised alarm over Google’s possible anti-competitive advertising moves.
![Senate Minority Leader Sen. Mitch McConnell listens during a news briefing after the weekly Senate Republican Policy Luncheon at the U.S. Capitol on June 22, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2021/06/GettyImages-1324938399-400x300.jpg)
What Angers Mitch McConnell More Than Our Unfair Tax Code? Those Who Exposed It.
If we want modern public infrastructure and economic security, increasing taxes on the ultra-rich is the way to go.
![Maricopa County constable Darlene Martinez signs an eviction order on October 7, 2020 in Phoenix, Arizona.](https://truthout.org/app/uploads/2018/05/2021_0625-eviction-400x300.jpg)
Biden Extends Eviction Moratorium for One Last Month as Crisis Looms
Advocates fear extending the moratorium for only one more month may just delay and not prevent an eviction crisis.
![President Joe Biden speaks outside the White House with a bipartisan group of senators after meeting on an infrastructure deal June 24, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2021/06/2021_0625-bipartisan-infrastructure-400x300.jpg)
Bipartisan Infrastructure Deal Could Cut Unemployment Benefits, Experts Warn
A bipartisan group of senators believes $80 billion in revenue can be derived from a crackdown on “unemployment fraud.”
![Renters and housing advocates attend a protest to cancel rent and avoid evictions in front of a court house on August 21, 2020, in Los Angeles, California.](https://truthout.org/app/uploads/2018/05/2021_0622-rent-eviction-protest-400x300.jpg)
California Rent Forgiveness Shows It’s Possible to Shift Our National Priorities
Government -- local, state and federal -- can actually help us if we invest in people's lives instead of wars.