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Economy

News

On Bank of America, Occupy Wall Street Has Told You So

(Photo: Mike Fleshman / Flickr) “What’s going on today, guys?” asked Detective Rick Lee, or, as he’s more widely known, Hipster Cop. I was standing outside…
by
JA Myerson,
Truthout
March 16, 2012
Truthout
News

Energy Prices Bump up Inflation as CPI Rose 0.4 Percent in February

The Consumer Price Index rose 0.4 percent in February—the largest such gain since last April. Over the last three months, the CPI has averaged an annualized rate…
by
David Rosnick,
Center for Economic and Policy Research
March 16, 2012
Truthout
Op-Ed

At Last, Some Decency on Wall Street

By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith, a former…
by
Robert Scheer,
Truthdig
March 16, 2012
Truthout
Cracked Federal Seal
Op-Ed
Economy & Labor

Everything Dies

Call me a convert, but I’m beginning to dig this whole let-the-marketplace-work-it-out capitalism thing.
by
William Rivers Pitt,
Truthout
March 16, 2012
Truthout
Op-Ed

Giving Up Your Bank for Lent

(Photo: Jesse757 / Flickr) Growing up Protestant in a small town in upstate New York, the commemoration of Lent was not as major an event as…
by
Michael Winship,
Moyers & Co.
March 16, 2012
Truthout
Op-Ed

Who’s a Freeloader?

A year ago, Vanessa Williamson, Theda Skocpol, and John Coggin published a paper based on their in-depth interviews of Tea Party activists. A longer presentation of their research…
by
James Kwak,
The Baseline Scenario
March 15, 2012
Truthout
Op-Ed

US Auto Industry Is Much More Than the Sum of Its Parts

Industrial robots assemble a 2012 Chevrolet Sonic at the General Motors Orion Assembly Plant in Lake Orion, Michigan. (Photo: Fabrizio Costantini / The New York Times) …
by
Paul Krugman,
Krugman & Co.
March 15, 2012
Truthout
Op-Ed

The Republican Party’s Long Decline Leads to Irrationality

(Image: CartoonArts International / The New York Times Syndicate) The economist Brad DeLong notes that the Republican Party we now see in the primaries…
by
Paul Krugman,
Krugman & Co.
March 13, 2012
Truthout
Op-Ed

The Private Prison Industry: Resistance Isn’t Futile

The private prison industry is on the march. In recent months the industry moved to take over 24 state prisons in southern Florida and buy five prisons in…
by
Eric Lotke,
SEIU Blog
March 13, 2012
Truthout
Op-Ed

The Widening Wealth Divide, and Why We Need a Surtax on the Super Wealthy

Let Santorum and Romney duke it out for who will cut taxes on the wealthy the most and shred the public services everyone else depends on. The rest…
by
Robert Reich,
Robert Reich's Blog
March 13, 2012
Truthout
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