Opinion

Why BP’s U.S. operations should be nationalized - now

Stopping the spill, and beginning recovery, is beyond the capacity of a private corporation.

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The TARP and the deficit hawks

WASHINGTON (PAI)--When politicians demand the public do something because of the dictates of financial markets, it is best to hold on to your wallet.

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DOL official: Economy ‘not normal,’ recovery way too long

WASHINGTON (PAI) -- The current economy is "not normal," unemployment affects different groups of people than it did before, and the recovery - in terms of the joblessness numbers - will take longer than it did in prior slumps, the Labor Department's top economist says.

An idea whose time has come

A new political and economic model, a new New Deal, is urgently needed, but the tycoons of finance are not about to yield their power - it will take a series of struggles.

What the economic conversation needs to be about

The focus on "fiscal responsibility" conceals the real causes of the crisis, and if we don't address those we don't have a snowball's chance in hell of lifting workers out of the quicksand.

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Behind the employment headlines

Today's business reports will headline a 431,000 growth in employment during May - but there's one little problem: nearly all were temporary Census jobs.

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On public sector unions: A reply to Mort Zuckerman

Recently I read with dismay an article by Mort Zuckerman, the editor of U.S. News & World Report, on the Huffingtonpost.com titled 'Breaking the Public Sector Unions' Stranglehold on State and Local Governments.' First, that's a whopper of a title, right? Secondly, the article has nothing at all to do with facts.

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Racial wealth gap quadruples in 20 years

Capitalism is bad for working-class people. Unregulated capitalism is even worse.

A Main Street and MLK Boulevard stimulus

For communities that were already in economic freefall before this recession, it's a catastrophe.

 

 

The people of Greece and the rest of us

If you rely on the major mass media to get a picture of what's going on in the world you probably think the economic crisis in Greece was caused by irresponsible Greek workers living high off the hog.

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