Truthout
Austerity

In the Coal Fields, a Novel Way to Get Rid of Pensions Is Born
If you are an individual struggling with debt, your options are limited. But if you are a coal company, you may be able to take advantage of a creative …

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Austerity: The Phony Solution to a Phony Deficit Crisis
The wealthy who profit from economic decline and austerity promoted the so-called 'fiscal cliff,' but the way to reduce the deficit is to increase employment.

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.

A View From Washington: The President’s Quest for the Unholy Grail
An empire in decline is always for sale and this new social contract is another example that we live in a full-blown plutonomy.

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Republicans Debating Republicans: Social Welfare Cuts
President Obama has given in to Republicans over and over again during his first four years in office. We need to remind him that he's the President.

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Fiscal Cliff: Let’s Call Their Bluff!
Desperate times call for radical measures.

Thousands Protest Michigan’s Anti-Union Law, But Deep Pockets of Right-Wing Backers Prevail
Michigan Republican Governor Rick Snyder has signed into law two highly controversial anti-union bills, officially making the historic union stronghold the 24th so-called

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Fiscal Cliff
Fiscal Cliff by Matt Bors

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Republican and Democratic “Remedies” Ensure More Crises, but Alternatives That Work Are Taboo
Both Republican and Democratic plans for the economy leave the system that produced this crisis and will produce more crises unchanged. There IS an alternative, argues economist Rick Wolff.

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The Cost of Austerity? Just Look at the UK Economy, It’s a Mess
Conservatives laughed off criticism of austerity, but itu2019s clear they were wrong.