Salvatore Babones: European Austerity: Following in America’s Footsteps
Europeans must decide whether their societies are to be governed by the people, for the people or by the market, for the market.
Europeans must decide whether their societies are to be governed by the people, for the people or by the market, for the market.
Economists will give you all sorts of answers based on technical factors, but in the end it all comes down to one word: inequality.
Austerity is a political decision, not an economic one. It benefits the few at the expense of the many.
The US economy has been growing since July 2009. So why aren’t things improving in the US realonomy?
Declines in government spending are holding back GDP growth at a time governments at all levels should be hiring to create jobs.
Recession or Depression? The FOMC expects current conditions to last at least until 2014.
Twenty million Americans need jobs. Government regulation and government employment are key to putting them back to work. We must reregulate the realonomy.
At long last the jobs figures are improving — or are they?