Tag: economy

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House Republicans declare Obama jobs bill dead on arrival

House Majority Leader Eric Cantor (R-VA) said the House would consider elements of the bill, but refused to consider the entire $447 billion package. ...
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Greeks in Germany caught up in economic turmoil

The German public is getting fed up with lending a helping hand to Greece, and Greeks who live in Germany are feeling the tension....
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Ry Cooder: These times call for a different kind of protest song

Ry Cooder's new album, "Pull Up Some Dust and Sit Down," is a protest shout against the out-of-control banks and the efforts to disenfranchise the poor. ...
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Why the Fed should print more money to help U.S. economy

According to New York Times financial writer Joe Nocera, what makes or breaks an economy is credit, and the U.S. Federal Reserve needs to print more money....
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Global economy enters 'dangerous new phase,' says IMF

International Monetary Fund says global economic outlook grim, warns continuing economic woes in Europe and the US could drag those economies back into recession....
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How organic food saved a hard-luck, Vermont town

Journalist chronicles how the hard-luck town of Hardwick, Vt., prospered thanks to a local organic food movement, but ironically, residents can't afford organic food prices....
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Poverty rising in the US: Where's the outrage?

Poverty in the United States is reaching record numbers, but don't expect Americans to take to the streets in protest like those in Greece or the Middle East....
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Republicans call taxing super-rich 'class warfare'

President Obama's $3 trillion deficit reduction plan includes the "Buffett Rule," which imposes a minimum tax rate on those earning more than $1 million per year. ...
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US frustrated with Eurozone's handling of Greek debt crisis

Germany and France have said they'll help Greece, as the United States urges Europe to figure it out....
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Job training counselors replaced by computers

As states face cutbacks in budgets, some are shutting down unemployment offices and replacing unemployment councilors with computers....
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