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Tag: Economic


Flickr/Tony Alter

Krugman on Ryan’s ‘Fantasy’ Budget

Paul Krugman, the Nobel Prize-winning New York Times Op-Ed columnist, explains why he believes we should not take Paul Ryan’s budget proposal seriously.

Posted on Aug 13, 2012 READ MORE



AP / Lynne Sladky

For Job Hunters, a Cold July

The weather may have sizzled in July, but it wasn’t such a hot month for the U.S. economy. Private employers added 71,000 jobs during the month, about half what had been expected, keeping the unemployment rate at a nagging 9.5 percent.

Posted on Aug 6, 2010 READ MORE


Textile Plant
msnbc.com

Factories Echo Recession Pangs

Following in the footsteps of 2008’s dismal economic news, global manufacturing has fallen to low levels unseen for decades. In the U.S., factory activity has dropped to a 28-year low, marking a slump that further adds to the bad economic trends as we enter 2009.

Posted on Jan 2, 2009 READ MORE


Mexico Food Protest
treehugger.com

G-7, IMF and World Bank Leaders to Meet

Following the string of economic crises across the globe, financial elites are planning to meet in Washington this weekend to address how to resolve the problems of global capitalism. Notably missing from the proceedings is any representative from the developing world.

Posted on Apr 11, 2008 READ MORE


ENTER_ALT_TEXT
Bloomberg.com

It Ain’t Argentina This Time

The International Monetary Fund, the darling lending institution of neoliberal capitalists, believes that the U.S.‘s current mortgage crisis is dragging down the world economy. The IMF is predicting at least a two-year global economic downturn, led by the U.S. credit crunch, that also has a gambling chance of turning into a “global recession.”

Posted on Apr 9, 2008 READ MORE


anti-war march
AP Photo / Pablo Martinez Monsivais

AFSC Dissects the Astronomical Cost of War

How could the $720 million the U.S. is currently spending on the Iraq war each day be put to better use?  Well, how about paying for the health care costs of 423,529 children?  Or giving 34,904 college students four-year scholarships, or providing 6,482 families with homes?

Posted on Sep 22, 2007 READ MORE


WEF Report
World Economic Forum

U.S. Economy Devalued

The World Economic Forum has demoted the United States in its ranking of economic competitiveness, explaining that spiraling debt and persistent budget shortfalls forced the downgrade.  Switzerland now holds the top spot, followed by much of Scandinavia.

Posted on Sep 26, 2006 READ MORE


Classic Molly Ivins: Economic Morality Has Been Buried

Molly Ivins is on vacation. In this column from 2001, she argues that in a country where CEOs make 475 times the salary of their employees, most people’s “economic freedom” is limited to a choice between cinnamon- and mint-flavored toothpaste.

Posted on Jul 12, 2006 READ MORE


Buzz Wilms
Courtesy Wellford Wilms

Taking Back Our Schools—and Fixing Them

The director of the Education Leadership Program at UCLA forcefully argues that public education funds must be diverted from bloated bureaucracies and redirected into the schools, where principals, teachers and parents can meaningfully influence what is being taught.

Posted on Apr 25, 2006 READ MORE


Province by Province: A Picture of Worsening Conditions in Iraq

The U.S. Embassy and military in Baghdad issued a revealing province by province report of Iraq’s political, economic and security situation. The “Provincial Stability Assessment” paints a gloomy picture of intensifying sectarian and ethnic frictions and growing instability in many of the provinces profiled.  Funny, our leaders always say how well things are going…

Posted on Apr 8, 2006 READ MORE


George Will
From crooksandliars.com

Global Warming and Its Discontents

As George Will tries to refute the mountains of evidence pertaining to the threat of global warming, New Yorker reporter Elizabeth Kolbert discusses her new book on the subject.

Posted on Mar 28, 2006 READ MORE


China: Boom or Boomerang

China: Boom or Boomerang

At the same time that China is recording huge increases in trade surpluses and currency reserves, deadly riots are breaking out on the outskirts of some of the country’s largest cities. In this Dig, scholar Orville Schell challenges the current wisdom about China being an inevitable superpower and unstoppable economic force.

Posted on Dec 3, 2005 READ MORE


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