Time for the Nuclear Option: Raining Money on Main Street

By Ellen Brown, Web of Debt Sep 23, 2015 Economists predict that we will soon see the direct injection of central bank-created money into the real economy worldwide. All other options having failed, governments will cover budget deficits by issuing money outright. Dig deeper ( 7 Min. Read )

The Greek Crisis Marks ‘the Beginning of the Collapse of Capitalism’

Alexander Reed Kelly / Truthdig Jul 8, 2015 Missing from the mainstream debate over the Greek economic crisis is “the damaging role that the endless quest for economic growth plays,” writes journalist Jennifer Hinton at The Guardian. Dig deeper ( 2 Min. Read )

‘Paul Krugman’s Sloppy, Wet Kiss’ for Barack Obama

Alexander Reed Kelly / Truthdig Oct 20, 2014 Historic Obama critic Paul Krugman made an about-face in his opinion of the president's performance in a much-discussed Rolling Stone essay on Oct. 8 that Salon columnist Thomas Frank, who believes Krugman's "relentless, one-man war on austerity… should have earned him a second Nobel Prize," finds incredible. Dig deeper ( 2 Min. Read )

Council on Foreign Relations: It’s Time to Rain Money on Main Street

By Ellen Brown, Web of Debt Sep 1, 2014 The September/October issue of Foreign Affairs features an article titled “Print Less But Transfer More: Why Central Banks Should Give Money Directly To The People.” It’s the sort of thing normally heard only from money reformers and Social Credit enthusiasts far from the mainstream. What’s going on? Dig deeper ( 7 Min. Read )

$5 Billion Cuts in Food Stamps Effective Friday

Alexander Reed Kelly / Truthdig Nov 2, 2013 Charities and food activists have warned for months that the expiration of stimulus funds for food stamps Friday will affect every U.S. household that depends on them. Dig deeper ( 2 Min. Read )

Scheer Trumps Krugman in Stockman Debate

Alexander Reed Kelly / Truthdig Apr 12, 2013 Journalist Mike Whitney praised the Truthdig editor in chief for being "the only voice on the left" to defend former Reagan budget director David Stockman against an "army of toffeenose pundits" who failed to honor the essential truth of Stockman's controversial New York Times op-ed. Dig deeper ( 3 Min. Read )

Pick Paul Krugman, Mr. President

Alexander Reed Kelly / Truthdig Jan 6, 2013 The Nobel Prize-winning economist and public advocate is at the top of every liberal’s wish list for President Obama’s second-term Cabinet appointments. Dig deeper ( 2 Min. Read )

Post-Election Depression

Nick Anderson / Truthdig Nov 16, 2012 Dig deeper

Why Obama Deserves a Second Term

The Rev. Madison Shockley / Truthdig Oct 15, 2012 My family survived the Great Recession because of the policies of the Obama administration I suspect we were not alone in benefiting from one or another of the various relief programs I suspect we were not alone in benefiting from the relief programs. Dig deeper ( 4 Min. Read )

Can Government Create Jobs or Not?

David Sirota / Truthdig Aug 10, 2012 For most of President Obama's term, Republicans have ignored the millions of jobs the Congressional Budget Office says the 2009 stimulus legislation created and instead argued that the government is incapable of boosting employment. Now the same GOP is barnstorming the country telling us the government can, in fact, create jobs -- lots of them. Dig deeper ( 3 Min. Read )

140 Terrifying Characters From Robert Reich

Peter Z. Scheer / Truthdig Jul 31, 2012 OK, so it's only 135. Nonetheless it gives us pause when the former labor secretary and economic soothsayer tweets that China's "bubble will pop." If that happens, you can stop worrying about Greece and the other comparatively tiny economies of Europe. Dig deeper ( 1 Min. Read )

China’s Economic Growth Slows

Alexander Reed Kelly / Truthdig Jul 13, 2012 Growth for the world’s largest exporter hit its slowest pace in three years as demand for Chinese products waned in the U.S., Europe and elsewhere, prompting the country’s leaders to encourage investment with stimulus measures. Dig deeper ( 1 Min. Read )