Truthout
Economy
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Poll: Voters Say Minimum Wage Is Not Enough to Live On
Released today, the poll shows a majority of voters agree with the president that a federal increase is in order.
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Nine Economic Facts That Will Make Your Head Spin
Half the population of the US has slipped into poverty or is barely making enough to get by.
The Secret Rise of 21st Century Democracy
We could learn from other countries and vastly improve our own democracy and economy.
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The Problem Isn’t Growth; the Problem Is Inequality
The cumulative inflation-adjusted growth in the US economy since Barack Obama took office has been just 3.2%.
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In the US, Austerity Could Be Disastrous
Paul Krugman: Fiscal austerity is the difference between where we are now and an unemployment rate not much above 6 percent. It's a policy disaster.
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Minimum Wage: Who Decided Workers Should Fall Behind?
If the minimum wage had risen in step with productivity growth, it would be over $16.50 an hour today.
Obama Forgot to Share Inspiration of Ohio’s Worker-Owned Business Revolution
In his SOTU, Obama forgot to mention that Ohio is also the inspirational home for fast-growing idea that workers should become not just employees but owners of the companies …
LIBOR Scandal More Than Fraud – Whole Game Is Rigged
Costas Lapavitsas: From multimillion dollar losses by cities like Baltimore to pension fund losses and much more, the LIBOR interest rate scandal shows that such mechanisms must be taken …
How High Could the Minimum Wage Go?
A 70 percent boost - to $12.30 per hour - would help millions of workers, without killing jobs.
Lessons from Megabanks’ Megascandals
Updates on global capital's devastating moves and on the FED's huge recent expansion of the money supply.