Truthout
Economy & Labor
Rich Should Be Happy with Cliff Deal
Gerald Epstein: President Obama did not have to make this deal, it's a debacle being called a win
Exposé Reveals Walmart Blocked Improvements Despite Vows to Improve Safety After Deadly Factory Fire
Wal-Mart has vowed to improve safety problems among suppliers who make clothes for the company after at least 111 workers died in a deadly fire at a Bangladesh garment …
Cliff Deal a “Moderate” Betrayal
Bill Black: Compromise on tax hikes on rich and allowing payroll taxes to rise sets the ground for a “grand betrayal” yet to come.
Robert Pollin: Economic Outlook for 2013
Bob Pollin: With austerity policies in Europe and the USA and slow down in China and India, 2013 needs innovative policies or more recession is likely.
So-Called Fiscal Cliff Averted as Congress Begins New Fight over Spending on Social Welfare Programs
The bill lays the groundwork for future battles between Democrats and Republicans over decisions on federal spending and debt, when much of the focus is expected to be on …
Post-Shootings Rush to Legislate on Surveillance, Mental Health Is Dangerous
Why the law is not enough to protect our society from gun violence - or to protect criminalized people from violence and poverty.
Economic Update: Unemployment Analyzed
Updates on Marvins' “shared unemployment,” $4 trillion profits hoarded by US corporations, and root issues of the “fiscal cliff.” Discussion of solutions for unemployment. Responses to listeners: on pluses …
Fiscal Cliff: Going Nuclear and the Grand Betrayal
Bill Black: GOP threatens to use debt ceiling as leverage, creates conditions for more austerity measures by Obama.
The Fed Targets Unemployment With More Money for Banks
Robert Pollin: The Fed breaks ground with unemployment target but pushing more money into banks without requiring more lending won't solve the problem.
On the News With Thom Hartmann: Stakes of So-Called “Fiscal Cliff” Just Got Higher, and More
ecretary of the Treasury Tim Geithner announced on Wednesday that the United States will hit its borrowing limit on December 31st.