Truthout
Economy
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The Federal Reserve Shifts Language, Signals New Concern Over Sequester
The Fed believes the sequestration harms their efforts to jumpstart the economy.
Economic Update: Crisis/Individual Lives
Economic updates of airline delays, minimum wages for tipped workers, global military spending, and profit-driven Bangladesh building collapse.
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Another Government Is Necessary: The People Can Rule Better Than the Elites
On Earth Day, a new alternative government, the Green Shadow Cabinet, was announced. Its over 80 members are leaders in their fields, from medicine to art to activism, and …
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If Bangladesh Can Hold Their Corporate Fatcats Accountable – Then So Can We!
So, how is it that Bangladesh, a third-world nation, can seize the assets of those responsible for the tragic factory collapse and bring them court in just 5 days, …
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Logic Deficit: Why Were Reinhart-Rogoff Ever Taken Seriously?
It's not just the arithmetic on debt-to-GDP ratios that tripped up RR; it was the basic logic of their argument.
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Bail Out Is Out, Bail-In Is In: Time for Some Publicly-Owned Banks
The new rules for too-big-to-fail banks: use creditor funds, including uninsured deposits, to recapitalize.
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When Your Boss Steals Your Wages: The Invisible Trend That’s Sweeping America
Wage theft is fast becoming a top trend of the 21st-century labor market.
How the Prison-Industrial Complex Destroys Lives
Truthout interviews Marc Mauer, author of
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Exploding the Debt Threshold Myth
Austerity, it turns out, only works if you don't know how to use an Excel spreadsheet.
Is the Press Too Big to Fail?
Who is going to bring us the news of all the institutions, from City Hall to Congress, from Wall Street to the White House, that fail us?