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April 25, 2015
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Tag: Economy

Hungry Government

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Posted on Apr 21, 2015 READ MORE



How the New Flexible Economy Is Making Workers’ Lives Hell

These days it’s not unusual for someone on the way to work to receive a text message from her employer saying she’s not needed right then.

Posted on Apr 21, 2015 READ MORE



If Inequality Worries Republicans, Why Do They Keep Making It Worse?

You can tell things have gotten very bad when the issue of economic inequality—a serious national problem mostly ignored for more than three decades—is suddenly in political vogue.

Posted on Apr 17, 2015 READ MORE


Welfare Queen

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Posted on Apr 16, 2015 READ MORE


Taxes

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Posted on Apr 14, 2015 READ MORE



Will Hillary Rodham Clinton Deliver on Her Promise to Be a ‘Champion’ for ‘Everyday Americans’?

If Hillary Clinton is to get the mandate she needs to get the United States back on track, she will have to be clear with the American people about what is happening and why—and what must be done. 

Posted on Apr 14, 2015 READ MORE


Elizabeth Warren’s Latest Interview With Jon Stewart May Make Your Jaw Drop

Ever wonder how the U.S. government justifies making an annual $60 billion off students? Allow Sen. Elizabeth Warren to explain.

Posted on Apr 13, 2015 READ MORE


Hillary Clinton Spells It Out in Debut Ad: ‘I’m Running for President’

No doubt aiming to show voters that she’s in touch with the struggles and hopes of everyday Americans, Hillary Clinton unleashed a folksy first campaign spot Sunday to coincide with her announcement that she’s officially running for president in 2016.

Posted on Apr 12, 2015 READ MORE



Hillary Clinton 2016: 3 ... 2 ... 1 ... (Updated)

By all indications, today will be the day when Hillary Clinton officially announces that she will, in fact, be running for president in the 2016 election.

Posted on Apr 12, 2015 READ MORE



The Political Revolution We Desperately Need

The good news is that the economy today is much better than it was six years ago when George W. Bush left office. The bad news is that, despite these improvements, the 40-year decline of the American middle class continues.

Posted on Apr 4, 2015 READ MORE



The SEC Illustrates the Danger of Regulatory Capture

The phrase “regulatory capture” shrouds a serious problem in vaguely academic jargon, making it seem like unimportant esoterica rather than anything noteworthy.

Posted on Mar 29, 2015 READ MORE



Clintons’ Affair With Wall Street Grows With Son-in-Law’s Hedge Fund Hookup

Marc Mezvinsky, a money manager at the hedge fund firm Eaglevale, married Chelsea Clinton in July 2010 and seems to have reaped benefits from the Clintons’ wide web of financial supporters.

Posted on Mar 24, 2015 READ MORE



Here’s How We Know Republicans Aren’t Serious About the Plight of Working-Class Americans

Briefly, there seemed a chance we might have a cross-party discussion of the biggest economic problem the country faces: the vexing intersection of wage stagnation, declining social mobility and rising inequality. That chance now seems to have gone up in smoke.

Posted on Mar 24, 2015 READ MORE


Tax Bracketology

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Posted on Mar 20, 2015 READ MORE



spDuchamp (CC BY 2.0)

We Need a New Economic Model Because the Current Model Is Falling Apart

The economy toward which we’re hurtling—in which more and more is generated by fewer and fewer people who reap almost all the rewards, leaving the rest of us without enough purchasing power—can’t function.

Posted on Mar 19, 2015 READ MORE



The Only Way to ‘Unrig’ the System Is to Know the Truth About the Economy (Video)

Here’s why myths such as the notion that “job creators” are CEOs, corporations and the rich, whose taxes must be kept low to induce them to create more jobs, are rubbish.

Posted on Mar 16, 2015 READ MORE


Recovery

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Posted on Mar 14, 2015 READ MORE



Why Aren’t Americans Feeling the U.S. Economy’s Improvements?

The U.S. economy is picking up steam, but most Americans aren’t feeling it. By contrast, most European economies are still in bad shape, but most Europeans are doing relatively well. What’s behind this?

Posted on Mar 9, 2015 READ MORE


Target Stock

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Posted on Mar 6, 2015 READ MORE



Luke Bowerman

That’s All, Folks

Lest some colleague accuse me of burying the lede, here it is up front: I’m leaving Truthdig.

Posted on Mar 1, 2015 READ MORE



Survey: More Than 60% of Germans Believe Capitalism, Democracy Are Mutually Exclusive

It’s been 25 years and change since the Berlin Wall came down, but as it turns out, many Germans now aren’t so big on the whole capitalism thing.

Posted on Feb 24, 2015 READ MORE



Why We’re All Becoming Independent Contractors

The rise of “independent contractors” is the most significant legal trend in the American workforce—contributing directly to low pay, irregular hours and job insecurity.

Posted on Feb 23, 2015 READ MORE



Can the Greek Tragedy Be Rewritten?

The world is watching to see if the anti-austerity party Syriza can turn things around for Greece. Success may inspire hope in the economically desperate across the globe—and fear among the elites.

Posted on Feb 19, 2015 READ MORE



From ‘Demos’ to ‘Podemos’: Popular Uprisings in Greece and Spain

Like Greece, Spain has been wracked by the global recession and could soon elect an anti-austerity government.

Posted on Feb 18, 2015 READ MORE



Kostas Koutsaftikis / Shutterstock.com

The Pro-Workers, Pro-Growth Experiment in Greece Is Under Threat

While the wealthiest 85 individuals on the planet own more wealth than the bottom half of the world’s population—and when the top 1 percent will soon own more wealth than the bottom 99 percent—the people of Greece and the anti-austerity party, Syriza, they elected to lead them are struggling to rebuild their economy so that ordinary people there can live with a shred of dignity and security.

Posted on Feb 18, 2015 READ MORE



How Trade Deals Boost the Top 1 Percent and Bust the Rest

I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains.

Posted on Feb 17, 2015 READ MORE



How Did Wall Street Enemy No. 1 Get a Banker to Applaud? (Video)

Sen. Elizabeth Warren’s passionate speeches can win over almost anyone—including bankers, it seems.

Posted on Feb 14, 2015 READ MORE



Do Workers Truly Get What They’re Worth in the Market?

My recent column about the growth of on-demand jobs like Uber making life less predictable and secure for workers unleashed a small barrage of criticism from some who contend that workers get what they’re worth in the market.

Posted on Feb 10, 2015 READ MORE


Economic Growth

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Posted on Feb 9, 2015 READ MORE



AP/Esteban Felix

In the Race to Replace Panama, a Canal Tears Nicaragua Apart

The government says the transoceanic canal will be good for the economy, but foes warn of pollution and displacement.

Posted on Feb 7, 2015 READ MORE



Shutterstock

Why Is Huge Trade Deal Being Kept Secret?

The trade rules of the proposed Trans-Pacific Partnership between the United States and 11 Asian nations would cover nearly 40 percent of the world economy—but don’t ask what they are. Access to the text of the proposed deal is highly restricted.

Posted on Feb 7, 2015 READ MORE



Gage Skidmore (CC-BY-SA)

Budget Battle: ‘Envy’ vs. ‘Greed’

Rep. Paul Ryan is not above name-calling, and he insists that President Obama’s budget is the product of “envy economics.”

Posted on Feb 4, 2015 READ MORE


Modern Politicians Bewilder Us Into Submission by Treating Reality Like Conceptual Art

From Putin’s Russia to Cameron’s United Kingdom to Obama’s United States, information has become increasingly baffling and contradictory—which helps if you’re an oligarch trying to rob the public blind.

Posted on Feb 4, 2015 READ MORE



Lung Cancer Tops List of Cancers That Kill Women in Well-Off Countries

Here’s a sad bit of irony from the health news department: The type of cancer that’s killing the majority of women in so-called developed nations can be quite preventable in some cases—and it can come down to a matter of personal choice.

Posted on Feb 4, 2015 READ MORE



Austerity’s Greek Death Toll: Study Connects Strict Measures to Rise in Suicides

The harsh economic policies implemented in Greece and other countries in recent years have been shown to have a detrimental effect on mental health and well-being.

Posted on Feb 4, 2015 READ MORE



We’re Barreling Toward a Robot-Based Economy Where All Profits Go to the Robots’ Owners

How would you like to live in an economy in which robots do everything that can be predictably programmed in advance and almost all profits go to the robots’ owners?

Posted on Feb 3, 2015 READ MORE



Thousands of Croatia’s Poorest Citizens Just Had Their Debts Wiped Out

A program called “fresh start” began Monday in Croatia and it’s as incredible as it sounds.

Posted on Feb 2, 2015 READ MORE



Destructive Effects of El Niño and La Niña Could Intensify

International scientists say global warming could double the frequency of the extreme La Niña weather phenomenon that triggers floods and hurricanes.

Posted on Feb 1, 2015 READ MORE



After Months of Protests, Mexican Government Declares 43 Missing Students Dead

Mexican authorities have finally said what happened to the college students from Ayotzinapa who disappeared last September, an incident that sparked months of outrage throughout the country.

Posted on Jan 28, 2015 READ MORE



Does Lack of Empathy for the Poor Make You a Sociopath?

In a scathingly sardonic (and somewhat humorous) column for The Guardian, Lucy Mangan explains why those in the political class, and anyone else who has trouble understanding poverty, are despicable human beings.

Posted on Jan 28, 2015 READ MORE



360b / Shutterstock.com

Enough of Germany’s Tyrannical Austerity

Years of trudging through an economic slough of despond, guarded by German warders, have left the states of the European Union’s south near to despair.

Posted on Jan 27, 2015 READ MORE


Russell Brand on the ‘Greek Revolution Against Corruption’ and the Fall of Capitalism

The host of the YouTube series “The Trews” takes a look at Syriza’s victory in Greece’s recent elections and considers whether capitalism has “finally crumbled.”

Posted on Jan 27, 2015 READ MORE



Put a Name to the 80 People Who Own Half of the World’s Wealth

Some of the names on this list of the über rich will seem familiar while others may come as a surprise.

Posted on Jan 27, 2015 READ MORE



The Middle Class Can’t Be Saved Unless Wall Street Is Tamed

Do we really need reminding about what happened six years ago?

Posted on Jan 27, 2015 READ MORE



AP/Petros Giannakouris

A 21st Century Left Rises: Syriza’s Victory and Its Relevance for the U.S. and the World

A question looms large in the wake of the Greek elections: Can democracy defeat the rule of the 1 percent?

Posted on Jan 27, 2015 READ MORE


1 Want More

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Posted on Jan 26, 2015 READ MORE



Imagine Something Different

“Imagine if we did something different.” Those were just six words out of close to 7,000 that President Barack Obama spoke during his State of the Union address.

Posted on Jan 21, 2015 READ MORE



Climate’s Threat to Wheat Is Rising by Degrees

Worldwide field trials show that just one degree of warming could slash wheat yields by 42 million tonnes and cause devastating shortages of this vital staple food.

Posted on Jan 19, 2015 READ MORE


The Super Rich Own Half the World

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Posted on Jan 19, 2015 READ MORE



The World’s 1 Percent Will Own More Than the Other 99 Percent Combined by 2016

Can we please stop calling it the “wealth gap”? The figures Oxfam recently reported on global inequality can only be described as a growing abyss between the world’s über-rich and the rest of us.

Posted on Jan 19, 2015 READ MORE


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