Recession – Page 6 – People's World

Labor-backed think tank: Job slump will continue

July 12, 2011 By Mark Gruenberg

There's bad news for the nation's 14 million unemployed: Two top experts at the Economic Policy Institute say the jobs slump will continue.

GOP rewards Northrop Grumman for slashing jobs

May 31, 2011 By John Wojcik

People here are in shock after Republicans, just before Memorial Day, voted in Congress to reward the owners of the Avondale Shipyard $310 million for putting 5,000 local people out of work.

Border communities are ground zero for hunger

April 18, 2011 By David Bacon

For the people who live in boder towns, some with roots going back for generations, these tiny communities are home to growing hunger and poverty.

Reduce gas prices? Nationalize big oil

March 21, 2011 By John Bachtell

I blew a gasket paying $3.89 for a gallon of gas the other day. It cost me over $60 to fill the tank and tore a gigantic hole in my pocket.

Capitalist insolence and taxes

March 3, 2011 By PW Editorial Board

Wells Fargo, Bank of America and Citigroup were all deeply involved in the sub-prime mortgage crisis, which prompted the Great Recession and the huge budget deficits. And they pay no taxes.