Truthout
Economy & Labor
![Joe Biden](https://truthout.org/app/uploads/2020/11/2020_1125-joe-biden-400x300.jpg)
Under Biden, We’ll Still Need to Protect Social Security
While Biden’s Social Security proposals are encouraging, his potential centrist cabinet picks are cause for concern.
![Rep. Ilhan Omar speaks as Reps. Alexandria Ocasio-Cortez and Rashida Tlaib look on during a press conference at the U.S. Capitol in Washington, D.C., on July 15, 2019.](https://truthout.org/app/uploads/2020/11/2020_1125-aoc-omar-tlaib-400x300.jpg)
AOC, Omar and Tlaib Back Effort to Keep Deficit Hawks Out of Biden Admin
The pressure campaign demands that austerity proponent Bruce Reed be kept out of the White House.
![President Trump delivers remarks on the stock market during an unscheduled appearance in the Brady Briefing Room of the White House in Washington, D.C. on November 24, 2020.](https://truthout.org/app/uploads/2020/11/2020_1124-trump-press-400x300.jpg)
In Bizarre 1-Minute Press Briefing, Trump Takes Credit for Stock Market Gains
Wall Street is not a reliable indicator of the economy and millions are going hungry without relief during the pandemic.
![Janet Yellen, Joe Biden and Donald Trump](https://truthout.org/app/uploads/2020/11/2020_1124-biden-yellen-trump-400x300.jpg)
Trump Is Trying to Set Yellen and Biden Up to Fail as He Sabotages the Economy
Trump, with the consent of the GOP, is trying to sabotage Biden’s chances at a recovery every way he can.
![Gov. Andrew Cuomo arrives for a news conference on September 8, 2020, in New York City.](https://truthout.org/app/uploads/2020/11/GettyImages-1271367043-400x300.jpg)
Don’t Let Cuomo’s “Pay Cut” Stunt Deflect Attention From His Austerity Policies
Gov. Andrew Cuomo has long opted for anti-working class policies. Only an organized public sector can push back.
![Rep. David Scott asks questions to Federal Reserve Chair Jerome H. Powell and Secretary of the Treasury Steven Mnuchin as they testify before the House Financial Services Committee on Capitol Hill on June 30, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/11/GettyImages-1223643268-400x300.jpg)
Pro-Wall Street Democrat Could Soon Have Key Role Regulating Derivatives Market
Rep. David Scott helped gut the Dodd-Frank Act and has cosponsored many GOP bills deregulating finance.
![People stand in line at a food distribution event ahead of the Thanksgiving holiday on November 20, 2020, in the Brooklyn borough of New York City.](https://truthout.org/app/uploads/2020/11/GettyImages-1229696789-400x300.jpg)
Ever-Growing Millions of Americans Face Eviction and Hunger. Will Congress Act?
Absent quick congressional action amid a worsening pandemic, millions of Americans are staring into an economic abyss.
![Volunteers help load food as vehicles arrive to pick up food supplies and essential items during a Feeding South Florida Drive-Thru Food Distribution at Miramar Regional Park on November 19, 2020, in Miramar, Florida.](https://truthout.org/app/uploads/2020/11/2020-1120-food-bank-400x300.jpg)
As Stimulus Runs Out, 56% of US Households Are Worried About Affording Food
If Congress fails to act, an estimated 12 million people will lose unemployment benefits by December 26.
![Sen. Bernie Sanders speaks at George Washington University on September 24, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/11/2020_1119-bernie-sanders-400x300.jpg)
GAO Study Shows How Taxpayers Subsidize “Starvation Wages” of Corporate Giants
“The real looting in America is the Walton family becoming $63 billion richer during a pandemic,” tweeted Sanders.
![President-elect Joe Biden walks by Vice President-elect Kamala Harris as he prepares to deliver remarks about the U.S. economy during a press briefing at the Queen Theater on November 16, 2020, in Wilmington, Delaware.](https://truthout.org/app/uploads/2020/11/2020_1117-biden-harris-400x300.jpg)
Real Economic Recovery Can’t Happen Until COVID Is Under Control, Biden Says
It is almost impossible to explain how difficult a task President-elect Joe Biden has before him.