Truthout
Economy

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Democrats and the Bush Tax Cuts
Mark Thoma provides an excerpt from Noam Scheiber on Peter Orszag’s attempt to let all of the Bush tax cuts expire. In short, Orszag wanted to extend the “middle-class” tax …

The Scorched-Earth Politics of America’s Four Fundamentalisms
Governance is in the hands of corporate power and the US increasingly exhibits the traits of a failed state.

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And Now, the Catfood Party (2)
Like most establishment pundits, Thomas Friedman (and apparently most of the rest of the nation) came away

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Treating Sick Rich Folks
Nancy Hemenway, a senior financial services executive and hospital patient, reads a newspaper in the library of the Eleven West wing at Mount Sinai Medical Center in New York, …

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A Real Job for the Vice President: Leading Congress
The vice presidency has been a joke for most of the nation’s history. The first vice president, John Adams, said it was “the most insignificant office that ever the …

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Free Trade or Democracy, Can’t Have Both
Recent stories about the conditions of Apple's contractors in China have opened many people's eyes about where our jobs, factories, industries and economy have been going, and why. The …

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Was Occupy’s “Shut Down the Corporations” Action a Success?
The Occupy movement's national day of action — "Shut Down the Corporations" — is a difficult action to assess. Was the action a success or a failure? The first …

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Labor’s Fight Is Our Fight
Unions have been fighting the 1% vs 99% fight for more than 100 years. Now the rest of us are learning that this fight is also OUR fight. The …

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Witnessing the Death of the Republican Party
A week ago, Rick Santorum looked as though he might give Mitt Romney a thrashing in the Michigan primary, which would have unleashed a wave of grim assessments of …

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Bye Bye American Pie: The Challenge of the Productivity Revolution
Here’s the good news. The economic pie is growing again. Growth in the 4th quarter last year hit 3 percent on an annualized rate. That’s respectable – although still …