Economy

The Three Million Forgotten Victims of the Great Recession

The Three Million Forgotten Victims of the Great Recession
Washington greeted the latest jobs numbers with enthusiasm. In September, the unemployment rate fell below six percent for the first time since July, 2008. We’ve netted 2.64 million jobs over the past 12 months, and are on pace to add more jobs in 2014 than in any year since 1999.
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MI's Flat Tax Debacle: Poor Pay More, No One Wins

MI's Flat Tax Debacle: Poor Pay More, No One Wins
Michigan Governor Rick Snyder promised everyone in his state lowering taxes on business (and conversely, raising them on the poor) would help the economy. The evidence is in: the economy is stagnant, and the poor hurting like never before.
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Amazon Wage Theft Case Comes Before Supreme Court

Amazon Wage Theft Case Comes Before Supreme Court
Picture this: You are supposedly “off work” but every day after the end of your shift you have to wait in a line for up to 25 minutes to get “checked” to see if you are stealing things. The Supreme Court is going to decide if you should be paid for your time. This is part of the larger issue of “wage theft.”
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Extreme Inequality: 14 People Made More Money Than the Entire Food Stamp Budget

Extreme Inequality: 14 People Made More Money Than the Entire Food Stamp Budget
For the second year in a row, America's richest 14 individuals made more from their annual investments than the $80 billion provided for people in need of food. Nearly half of the food-deprived are children. Perversely, the food stamp program was CUT because of a lack of federal funding.
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Smoking Cigs, Smoking Tailpipe and Smoking Gun of The New World Order

Smoking Cigs, Smoking Tailpipe and Smoking Gun of The New World Order
Friedrich von Hayek could best be described as the father of modern neoliberalist economics – the slash and burn policies that have cut taxes, maximized corporate profits, and widened inequality to levels not seen since The Gilded Age.
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Unfriended: Facebook Divests From Anti-Climate ALEC

Unfriended: Facebook Divests From Anti-Climate ALEC
Facebook is no longer donating to the American Legislative Exchange Council. The far-right think tank went too far on topics like climate change to suit the conservative-friendly social media site, which should indicate just how far away from the mainstream ALEC has gotten.
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Giant Corporations Want to Control All of Your Beer

Giant Corporations Want to Control All of Your Beer
The variety of the craft-brewing wave sweeping the US makes drinking beer more fun than ever. Maryland’s Flying Dog Brewery brews a beer from local oysters, and the Delaware-based Dogfish Head uses an ancient beer recipe they dug up from 2,700-year-old drinking vessels in the tomb of King Midas.
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America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does

America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does
The nation's most massive inequality can be located in one very expected New York City community. The numbers show that the top 5 percent of households in Manhattan earned 88 times as much as the poorest 20 percent.
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Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t

Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t
Thirty years ago, on its opening day in 1984, Donald Trump stood in a dark topcoat on the casino floor at Atlantic City’s Trump Plaza, celebrating his new investment as the finest building in Atlantic City and possibly the nation.
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Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of

Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of
Arbitration has become an integral part of trade agreements like NAFTA and the TPP. What does that mean for consumers? Well, for a start, it's an end-run around courts, laws, the Constitution, and pretty much all things democratic.
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