US economy

By Evan Blake 17 November 2018 The ongoing wildfires in California, including the most deadly and destructive in the state’s history, are a horrific exposure...

By Ellen Brown Feb 26, 2018 “One Belt, One Road,” China’s $1 trillion infrastructure initiative, is a massive undertaking involving highways, pipelines, transmission lines, ports, power...

Moody’s downgrades Ford’s credit forecast as investors demand deep cuts By Tom Hall 10 February 2018 The credit rating agency Moody’s downgraded Ford’s rating forecast...

Joseph Stiglitz discusses ‘value crisis’ at Davos, Greek crisis By NIKO EFSTATHIOU 05.02.2018 Joseph Stiglitz is a Davos veteran. The renowned economist and winner of the...

Republicans just sold out the poor and middle class to enrich the wealthy elite. Next year is an opportunity to take back what’s rightfully...

By James Petras and Robin Eastman-Abaya, MD Introduction: The white working class in the US has been decimated through an epidemic of ‘premature deaths’ -...

The country is ruled by oligarchs and their enablers. By Richard KimTwitter It just so happened that during the week that Republicans rammed a $1.5 trillion...

By Boris Kagarlitsky The first weeks of Trump’s presidency did not resemble honeymoon normally enjoyed by newly elected leaders of the United States. The severity...

In other words, the election was a referendum on Obama’s handling of the economy, in which 60 percent of those surveyed, think was a failure. These results also suggest that, had Obama made any attempt to address wage stagnation, shrinking incomes, student debt, or widespread economic insecurity, Hillary Clinton would probably be president today. As it happens, the victory went to the anti-establishment outsider who promised a fundamental change in direction, Donald Trump.