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Economy

A masked woman holds a sign reading "It'll be lonely this Brexmas without EU"
Op-Ed
Politics & Elections

Britain Prepares for Increased Isolation in Wake of Brexit Deal

The grim realities of the Brexit deal announced on Christmas Eve are beginning to sink in.
by
Sasha Abramsky,
Truthout
December 30, 2020
Truthout
Economist Darrick Hamilton on Why $900B Stimulus Is Not Enough
Interview
Economy & Labor

The Insufficient COVID Stimulus Must Not Be Followed by Austerity

Critics say the $900 billion relief package does not go far enough in providing direct aid to those in most need.
by
Amy Goodman &
Juan González,
Democracy Now!
December 22, 2020
Truthout
A worker cleans stanchions and ropes in the front desk area of Bellagio Resort & Casino on the Las Vegas Strip on June 4, 2020, in Las Vegas, Nevada.
News
Economy & Labor

Companies Took $1.8 Billion to Save Jobs and Laid Off 90,000 Workers Anyway

Businesses that don’t rehire all their workers may have to pay back the loans plus 1 percent interest.
by
Alexia Fernández Campbell,
Joe Yerardi &
Taylor Johnston,
The Center for Public Integrity
December 18, 2020
Truthout
Masked people wait in a line for food
Op-Ed
Economy & Labor

As COVID Rages, We Are Experiencing Mass Abandonment Amid Abundance

The human and economic toll has been anything but equal across society.
by
Liz Theoharis,
TomDispatch
December 14, 2020
Truthout
People walk through a shuttered business district in Brooklyn on May 12, 2020, in New York City.
News
Economy & Labor

PPP Loans Failed to Reach Communities in Most Need

Most PPP loans went to businesses in communities that already had more access to resources.
by
Jamie Smith Hopkins,
Taylor Johnston &
Pratheek Rebala,
The Center for Public Integrity
December 11, 2020
Truthout
President- elect Joe Biden exits the Queen in Wilmington, Delaware, on December 9, 2020.
News
Education & Youth

Organized Debtors Are Preparing to Strike If Biden Doesn’t Cancel Student Debt

President-elect Biden will be able to cancel nearly all student debt without congressional approval, if he chooses to.
by
Eli J. Campbell,
openDemocracy
December 11, 2020
Truthout
People carry food donated by volunteers from the Baltimore Hunger Project outside of Padonia International Elementary school on December 4, 2020, in Cockeysville, Maryland.
News
Economy & Labor

The Senate’s Latest COVID Stimulus Won’t Solve the Hunger and Housing Crisis

Hopes are pinned on a $908 billion proposal that includes only a fraction of what is necessary to contain these crises.
by
Mike Ludwig,
Truthout
December 8, 2020
Truthout
Interview
Economy & Labor

Biden Taps Two BlackRock Executives for Top Economic Posts

This comes as progressives are demanding a cabinet free of Wall Street influence.
by
Amy Goodman &
Juan González,
Democracy Now!
December 2, 2020
Truthout
Cars snake across a parking lot for food distribution
News Analysis
Economy & Labor

While the Rich Cheer Wall Street Records, Americans Are Draining 401(k)s

The nation’s woefully inadequate response to the pandemic is jeopardizing millions of retirement futures.
by
Sam Pizzigati,
Inequality.org
December 1, 2020
Truthout
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.
News
Economy & Labor

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.
by
Chris Walker,
Truthout
November 24, 2020
Truthout
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