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Category Archives: ECONOMY
A Double Dip Recession for 2012?
CIO!: 1. With corporate profits hitting record gains, the income gap growing; and critical social services, education programs, and health facilities being eliminated, why is the question: Economists are painting a pretty bleak picture of the economic outlook between now … Continue reading
Posted in CAPITALISM, DEMOCRACY, ECONOMY, GOVERNMENT
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The Top 10 Tax Breaks — And How They Help The Wealthy The Most
By Jake Bialer HUFFINGTON POST This is the time of year when we are most aware of our tax burdens. But what we may be less aware of are all the huge tax breaks built into our system. Most Americans … Continue reading
Posted in CAPITALISM, ECONOMY, POLICY, Tax cuts for the rich
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The War In Afghanistan: How Much Are You Paying?
By Amanda Terkel HUFFINGTON POST WASHINGTON — As Americans breathe a sigh of relief over finally filing the returns on what they owe (or are owed from) Uncle Sam this Tax Day, the progressive group Rethink Afghanistan wants them to … Continue reading
Posted in CAPITALISM, DEFENSE DEPARTMENT, ECONOMY, POLICY
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Capitalism’s Dismal Future
Capitalism’s Dismal Future, by Paul Mattick, The Chronicle Review, March 13, 2011 A homeless man named Roger panhandles in New York City, Spencer Platt, Getty Images Apart from the patently nonreality-based dissent of its Republican … Continue reading
Posted in AUSTERITY, CAPITAL, CAPITALISM, CONSUMERISM, ECONOMY, GLOBALIZATION, GREED, INTERNATIONAL, POLICY, RESOURCES, SOLUTIONS
Tagged "another world is possible", austerity, CAPITAL, capitalism, global warming
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At Least We Still Can Go Broke
I got a letter today from Alan Grayson. I don’t think he’ll mind me publishing it here since he is running for Congress. But – I think CIO readers will find this fascinating. Dear Cheryl: Unless you’ve been living in … Continue reading
Posted in AUSTERITY, bankruptcy, CAPITAL, CAPITALISM, ECONOMY, EDUCATION, EMPLOYMENT, POLICY, Tax cuts, Tax cuts for the rich
Tagged austerity, CAPITAL, DEMOCRACY, Democratic Leadership, government shutdown, Republicans
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SOLUTIONS: The Rich MUST Pay Much Higher Taxes
How Democrats Can Become Relevant Again (And Rescue the Nation While They’re At It) By Robert Reich HUFFINGTON POST Republicans offered Democrats two more weeks before the doomsday shut-down. Democrats countered with four. Republicans held their ground. Democrats agreed to … Continue reading
Posted in CAPITALISM, DEMOCRACY, ECONOMY, GOVERNMENT, POLICY, SOLUTIONS
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Must See: Inside Job
Posted in CAPITALISM, CONSUMERISM, ECONOMY, EMPLOYMENT, GOVERNMENT, POLICY
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It’s the Inequality, Stupid
By Dave Gilson and Carolyn Perot Mother Jones A huge share of the nation’s economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. … Continue reading
Posted in CAPITALISM, DEMOCRACY, ECONOMY, EDUCATION, EMPLOYMENT, GOVERNMENT, POLICY, RESOURCES
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Retiring Boomers Find 401(k) Plans Fall Short
By E.S. Browning The Wall Street Journal They were a gold mine for money-management firms. In 30 years, the 401(k) went from a small program to a multi-trillion-dollar industry supporting thousands of financial planners and money managers. The 401(k) generation … Continue reading
Posted in CAPITALISM, DEMOCRACY, ECONOMY, EMPLOYMENT, GOVERNMENT, POLICY, RESOURCES
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Obama’s Big Budget Cut Proposals Target The Poor
By Arthur Delaney HUFFINGTON POST WASHINGTON — As Democrats and Republicans wrangle over fiscal austerity and the shape of the 2012 federal budget, the White House is targeting programs in the $4 trillion budget that benefit low-income Americans. It’s a … Continue reading
Posted in CAPITALISM, DEMOCRACY, ECONOMY, EDUCATION, EMPLOYMENT, POLICY, RESOURCES
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