Truthout
Austerity
Spain and Greece Are Being Forced to Suffer to Save Germany From High Inflation
There is an easier, more humane way to lessen Spain and Greece's trade and budget deficits.
Revolution, Elections, and Betrayal: Hard Lessons from Egypt
As the new Morsi government negotiates with the IMF, it's clear that - as in the US - elections in Egypt have not responded to citizens' revolutionary demands …
Europe’s Adjustment: The Misadventures of Austerity
Austerity to reduce spending and decrease the need for imports, and liberalization reforms to reduce real wages and promote internal devaluation have been going on for a while in …
Who Owns Detroit?
We Detroiters are now entering a period of turmoil that is quite different in character from the devastation of the last 40 years. The crisis we find ourselves in …
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Suffocating Austerity: The West’s Folly in Greece Repeats Old Patterns
The troika's attack on Greek sovereignty recalls the devastation of the Fourth Crusade, but there is an honorable way to resolve Greece's debt crisis.
On the News With Thom Hartmann: Pennsylvania Mayor Cuts Police and Firefighter Pay to Minimum Wage, and More
In today's On the News segment: Scranton, Pennsylvania's mayor cuts police and firefighter pay to minimum wage, record-breaking heat wave can no longer be dismissed as “just summer,” corporations …
Restructuring Europe – for Whom?
The structural reform now being discussed in Europe would mean an even more neoliberal agenda.
The Dirt on Erskine Bowles: The Tame Half of Bowles-Simpson
While Bowles may be able to control his temper and his vocabulary better than Simpson, those are not credentials for dictating the future of the Social Security and Medicare …
After Five Years: Report Card on Crisis Capitalism
After five years of crisis - with no end in sight - it's time to evaluate what happened, why and what needs to be done.
A Wall Street Gambling Tax: The Remedy to Inequality
Taxing Wall Street speculation is a great way to raise whatever money might be needed to meet deficit targets.