Truthout
Economy

Neoliberal Policies Associated With Reaganomics Actually Started With Carter
Historian David N. Gibbs, author of “The Revolt of the Rich,” says we mustn’t whitewash President Carter’s record.

From Weapons to Fossil Fuels — 10 Firms Control $50 Trillion of Global Wealth
A new book, “Titans of Capital,” shows how the 0.05 percent concentrate wealth by investing in industries of mass death.

Largest Study on Guaranteed Basic Income Proves Transformative for Participants
Participants received $1,000 a month. They took better jobs, went back to school and started opening businesses.

Ahead of the Debates, What Are the Myths and Realities of Biden’s Economy?
Progressive economist Robert Pollin weighs in on “Bidenomics” and the economic policies of Trump’s administration.

The Most Common Essential Jobs in the US Don’t Pay a Living Wage
The economy is improving, but inequality is tearing the US apart. Democrats ignore working-class pain at their peril.

A Majority of Voters Backing Biden Are Mostly Motivated by Stopping Trump — Poll
Only 27 percent of voters who plan to vote for Biden in the 2024 election say they genuinely like him as a candidate.

Despite Historic Levels of Inequality, Yellen Opposes Global Billionaires’ Tax
The treasury secretary will not back a plan at the upcoming G7 to set a minimum rate for the planet's ultrawealthy.

Dan Osborn Looks to Unseat Nebraska GOP Incumbent Backed by Defense Contractors
Osborn is backed by small donors and labor, and according to polling is leading the race by 2 points.

Rent Increases Are Driving Inflation — and Pessimism About Economy Under Biden
Democrats say the economy is great, but millions of tenants are struggling to pay historic rent increases.

Cities Are Quietly Waging War on Marginalized Food Truck and Street Vendors
City leaders are clamping down on small entrepreneurs to protect the profits of their wealthy business allies.