Time to Change the Federal Reserve
Ben Bernanke, chair of the Federal Reserve, has 'warned' Congress that 'fiscal stimulus packages,' meaning social spending and tax policies to increase purchasing power, will not be a long-term solution to the 'credit crisis.'
Quick Economic Turnaround not in the Cards
The latest figures indicate that the Canadian economy is becoming more deeply entrenched in recession, with no recovery in sight. Another 34,400 jobs were lost in December, on top of 70,600 in November, for a two-month total of 105,000.
How Could Global Warming Impact US?
It’s difficult to predict which areas of the U.S. will suffer the most from global warming, but it’s safe to say that no regions will be unaffected. Scientists already point to increased severity of hurricanes on the East Coast, major Midwest floods, and shrinking glaciers in the West as proof of global warming’s onset.
Modern China and its Agriculture
China has attracted the attention of the world because of its consistently high economic growth rate and stunning improvements in infrastructure, science and technology and culture.
Battlelines: The Political-economy of Recovery
President-elect Obama's economic recovery package could help create or save between 3 and 4 million jobs in a variety of job markets over the next two years, according to a report authored by Christina Romer, Obama's designee to chair the Council of Economic Advisors, and Jared Bernstein, Vice President-elect Joe Biden's top economic advisor.
Demand is Up for Emergency Food Help in Atlanta
As the economic crisis drags on, more people in the United States are struggling to get the food they need, turning to food pantries and food stamps for help at a greater rate than at any time in recent history.
What Dick Cheney's Revision of History Says About Ultra-right Ideology
Dick Cheney tried to re-write history this week. Surprised? Well, no. But the subject he tried to revise and the way he did it gives a snapshot of the mindset of the ultra right and its disastrous policies.
US Economic Crisis: Fundamental Changes Needed
Employers cut 524,000 jobs in the months of December, the latest report from the Bureau of Labor Statistics revealed Friday, Jan. 9th. Altogether the jobless rate jumped to 7.2 percent, the highest in 16 years.
Analysis: Economic Crisis and the Struggle for Relief
What will be impact of the Wall Street bankruptcies, bailouts and blunders on working people in this country and worldwide? What's the solution to the crisis?
A Mighty Wind: Create Jobs and Stop Global Warming
Most people think wind energy, or generating electricity through wind mill turbines, will play only a small role in the emerging renewable energy resources sector in the US. Not so, reports Doug Moss, editor of E – The Environmental Magazine.
