Truthout
Economy & Labor
Jamaica Suffering From “Most Austere Budget in the World,” Imposed by the IMF, New Paper Finds
Jamaica is running the most austere budget in the world, with a primary surplus of 7.5 percent, due to its IMF agreement.
How the US Became an Oligarchy
According to a new study from Princeton University, American democracy no longer exists.
Reporter’s Guide to ALEC’s “Rich States, Poor States” Report
The document is sold to the press as an objective, academic measure of state good economic performance, but should instead be viewed as a lobbyist scorecard.
Will Congress Be Duped Again on Offshore Taxes?
While the rest of us pay the sticker price, lawmakers are considering a special deluxe tax rate for giant corporations.
How Wall Street Used Swaps to Get Rich at the Expense of Cities
A recent report by Saqib Bhatti of the Roosevelt Institute describes a number of financial deals between Wall Street and municipalities as predatory.
Fast-Food Workers: Thanks for the Raise, McDonald’s, but We Said $15 an Hour, Not $10
McDonald's Corporation offered a pay increase next July to workers in the restaurants it owns in the United States.
On the News With Thom Hartmann: Corporate Lobbyists Pressure Congress to “Fast-Track” TPP Deal, and More
The Trans-Pacific Partnership threatens US jobs, and more.
Congressional Budget Plans Get Two-Thirds of Cuts From Programs for People With Low or Moderate Incomes
The new Congressional plans chart a radically different course, imposing their most severe cuts on people on the lower rungs of the economic ladder.
Quebec: Students, Solidarity Strikes and Shutting Down Austerity at the Point of Production
As public sector workers across Quebec go into collective bargaining this spring, the Liberal government is putting in place austerity measures.
The Scourge of Dependency and Globalization in the Caribbean
Improving conditions of Caribbean societies requires social movements that believe in an alternative future.