Truthout
Economy
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Kansas Governor Signs Bill for Massive Tax Cuts
Some have decried the bill because it is projected to potentially reduce funding for education and other services.
Obama, Education and the End of the American Dream
Obama is a skillful politician and a great orator. He has consistently made reference to the American Dream in his campaigning for the presidency and after, often focusing on …
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The Jamaicanization of the Euro Zone
Jamaica, an English-speaking Caribbean island nation of 2.9 million people, may seem worlds away from Europe. The country's income per person of $9,000 ranks it 88th in the world, …
Contemplating the Abyss
On May 1, after a day of May Day activities on the streets and avenues of Manhattan, my wife and I and a troop of other OWS celebrants marched …
Wisconsin Recall Roundup – May 22, 2012
Members of Congress Raise Questions about Walker's 2011 Testimony Three Democratic members of the House Oversight Committee wrote to Chairman Darrell Issa requesting that he obtain clarification from Wisconsin …
The American Middle Class, Income Inequality, and the Strength of Our Economy
To say that the middle class is important to our economy may seem noncontroversial to most Americans. After all, most of us self-identify as middle class, and members of …
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Bain and Financial Industry Gave Over $565,000 to Newark Mayor Cory Booker for 2002 Campaign
Yesterday, Newark, New Jersey Mayor Cory Booker (D) attacked the Obama campaign for making an issue of Mitt Romney’s tenure at Bain Capital during an appearance on Meet the Press. While the …
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Jamie Dimon Should Resign From the Board of the New York Fed
Jamie Dimon, CEO of JP Morgan Chase, is a member of the board of the New York Federal Reserve Bank. Mr. Dimon’s role there is sometimes presented as “advisory” …
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Former JPMorgan Lobbyist Manages the Banking Committee Expected to Investigate JPMorgan’s Trading Loss
The Senate Banking Committee is responding to outrage over the news that J.P. Morgan lost some $3 billion in customer money because of a risky trading strategy. The committee is preparing …
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Europe’s Leaders Double Down on a Failed Strategy
Paul Krugman: As broader evidence that Europe's economic strategy is an utter failure increases, the usual suspects are doubling down.